Risks of Outsourcing Payroll

We understand outsourcing payroll can be challenging and finding the right company for you can be daunting with finding who to trust and making sure the company is legitimate. However, it is definitely possible to find the right company for you and everything in life comes with risk- but choosing the right option can leave you with an even bigger reward.

We are going to show you the top 5 worries a lot of businesses face when choosing a company to outsource their payroll to, and why it isn’t as daunting as you think it is.

1. Hidden costs

We know a lot of businesses that choose to outsource payroll for the first time are used to doing it in house or by themselves as the business owner. Some payroll companies have a lot of hidden costs and for small businesses it’s just too daunting paying extra costs for basic services they were used to doing themselves, free of charge. However, A2Z Payroll Ltd do not have any hidden charges, the quote we give you is the final price. We also do not charge per employee, but per slab- making it more affordable and easier for you to join us today.

2. Inexperience Company (lack of expertise)

It is known that managing payroll services requires a lot of knowledge of payroll, HR and legislation practices. Therefore, the fear of choosing an inexperienced company or a company that is just starting up is a frightening process for many businesses. It is important to get payroll correct, on time, every single time. At A2Z lack of expertise is never a worry, we have a team of experts with 15+ years-experience, who are fully qualified in handling payroll. You will be dedicated with a payroll manager directly, who you can contact if you have any worries or enquires.

3. Data Security

Finding the right company to trust with your data and making sure it’s secure is a difficult process. We understand that breaching regulations and identify theft it a common fear when outsourcing payroll and sending off all of your employee’s details. However, making sure your data is secure first starts with the business. You must make sure your employees are aware of the general data protection regulation (GDPR) and make sure all their information is password protected. You must also inform them that they do not have to provide any sensitive data if they don’t want to.

Here at A2Z payroll ltd, you can ensure that we are GDPR compliant, and all the information you send over to us is protected and secure and free from hackers, with our exclusive anti-virus systems. We will also make sure all the data you transfer is safe and will be accurately handled.

4. Loss of Control

Moving from internal/in-house payroll duties to outsourcing, it’s no longer possible to check how the process is going or aid if there’s any problems. You now have to put your trust into a company, where you now have to rely on their time management and hope everything is running smoothly. If an issue was to occur, for example a mistake on a payslip, managing it internally would seem to be easier to handle.

Moreover, at A2Z we are always at your assistance and never leave you in the dark. We provide accurate results every time, however if any issues were to occur, you can contact your dedicated payroll manager who will provide you with fast service.

5. Consistent Mistakes

 Let’s be honest, we trust ourselves more than anyone else, that’s why a lot of businesses choose to keep payroll services inhouse where it can be monitored and where they feel comfortable. However, did you know it’s less likely for outsourcing payroll providers to be more accurate and make less mistakes? Outsourcing can help avoid the constant internal mistakes, as experts are more likely to have better accurate and data processing systems.

Choosing the right payroll provider is never easy, that’s why we suggest you do your research and look at reviews! They speak for themselves a lot of the time. It’s also important to compare different companies to see which one is the better benefit for you. Whether you want to try a demo before you commit, do it! Do whatever it takes to make the right choice.

Need more help relating to this topic? Click here to contact one of our experts today!

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A2Z PAYROLLContact us
Find the perfect payroll solutions for your business right here.
Head Office

27 Booth Street
Ashton-Under-Lyne
Manchester
OL6 7LB

Admin Office

Office 204 Clarence Arcade
Stamford Street Central
Ashton Under Lyne
OL6 7PT

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    A2Z PAYROLLContact us
    Find the perfect payroll solutions for your business right here.
    Head Office

    27 Booth Street
    Ashton-Under-Lyne
    Manchester
    OL6 7LB

    Admin Office

    Office 204 Clarence Arcade
    Stamford Street Central
    Ashton Under Lyne
    OL6 7PT

    QUICK LINKSMore Links
    GET IN TOUCHSubscribe A2Z Payroll
    Follow us on our newsletters to stay up to date on the latest news and information.

      Copyright by a2zpayroll. All rights reserved.

      Copyright by a2zpayroll. All rights reserved.