Payroll processing is not a core aspect of your business. It is a time-consuming task and complex to manage. That's why it makes sense to outsource the payroll, especially is you are an SME or SOHO with limited personnel.
Do you have the time to make sense of legislation and any permanent changes to this? Are you comfortable with the calculation rules, exemptions, declarations to collecting agencies (electronic declarations) and the use of your payroll software? Outsourcing takes away the burden and frees up valuable time. You will no longer have to print and distribute (potentially incorrect) pay slips... we'll do it for you!
By outsourcing, you safeguard against pay slip errors and disputes with government agencies or employees. You no longer have to deal with supervising administration, delays in pay, oversights with deductions, etc. You'll have complete peace of mind—and that is priceless.
Internal management of the payroll requires a significant in-house investment: the costs of payroll software, recruitment and training of one or more managers, costs of any financial penalties incurred...so much time and money that would be better invested in the core business area. Outsourcing is less expensive in a number of ways.
