The key benefits of outsourcing your Payroll
9 January 2017
Regardless of the size of your business or organisation, there’s a lot to be said about the peace of mind that our Managed Payroll solution will provide a business owner or manager. No hassles, reduced internal overheads and no headaches – you’ll be left to focus on what you do best, running a profitable business. There are 7 key benefits to having a Managed Payroll solution, these include:
Better control of capital costs
For the last 30+ years business have benefited from the reduced costs associated with outsourcing. By outsourcing your Payroll, you’ll be able to release capital for investment elsewhere in your business and convert fixed costs into variable costs. Further benefits of outsourcing include your ability to avoid large employee related costs, and will help you’re your company be more attractive to investors, as you’ll be able to put more capital directly into revenue-producing activities.
Increased overall efficiency
More often than not, the internal systems and processes that businesses have in place to manage their Payroll are inefficient and manual. Dialog’s Managed Payroll solution offers automated processes that will improve efficiency and reduce costs, errors and time spent on internal Payroll matters.
Reduced delay to new projects
Our Managed Payroll departments core business function is to tailor managed Payroll solutions to that suit out clients’ needs. For this reason, we are able to quickly and efficiently begin new project giving you the ability to continue business operations with minimal to no impact.
Reduced labour costs
There can be a large expenditure associated with hiring and training employees. Staff don’t always live up to employer expectations, resulting in wasted resources and will absorb management time. By outsourcing your Payroll you’ll be able to better focus your human resources and ultimately streamline your business processes.
SMEs receive organisational support
Often small to medium sized businesses simply can’t afford the same in house Payroll support services that larger organisations would have. Dialog’s Managed Payroll will provide your business with access to the same economies of scale, expertise and efficiency that large organisations have.
Our Managed Payroll team are highly skilled professionals with extensive experience in payroll processing and management across multiple industries. Our professionals become your Payroll Office, handling all the day to day tasks of payroll processing, reporting, banking and pay advice distribution, as well as handling all employee payroll enquiries.
Contact us today if you would like to better understand the benefits of using Dialog’s Managed Payroll service.