| Is it really possible that some companies are hesitant | | | | payroll services is eliminated. There is no interruption to |
| to employ the staff needed to grow their business | | | | the payroll function when staff members are on leave. |
| because they think they will need to manage | | | | 3. They see outsourcing payroll functions as part of |
| complicated payroll systems? | | | | their risk management plan, because the provider |
| It is certainly true that regardless of the size of a | | | | ensures that the client meets all requirements for |
| business, the increasing complexity of payroll systems | | | | governance and compliance. |
| - managing wages, taxation, annual leave, PAYG, | | | | 4. Professional payroll companies are able to clearly |
| different state jurisdictions and superannuation - means | | | | define the separation of duties, providing transparency |
| that specialist knowledge is required for these | | | | and an audit trail if needed. |
| functions to be carried out properly. | | | | 5. There is no need for them to update systems and |
| Medium to large businesses have for many years | | | | software and retrain staff if and when laws and |
| understood the benefits of using specialist payroll | | | | regulations change. |
| companies to manage their payroll requirements. What | | | | 6. Payroll companies are able to quickly adjust to meet |
| is becoming evident, however, is the growing need for | | | | the evolving demands of a business. Whether these |
| small business payroll services as well. | | | | changes are integration, downsizing, physical and |
| Those businesses, whether large companies or SMEs, | | | | geographical expansion a quality payroll services will |
| that have taken the step to outsource payroll services, | | | | have the flexibility to match these needs. |
| have based their decision on these realisations, and | | | | 7. Quality payroll services provide their clients' with |
| have not looked back: | | | | online access to leave application and expenses |
| 1. Payroll Australia differs from many other countries in | | | | processing, further eliminating the need for ancillary |
| that regulations and requirements can change | | | | staff to manage these functions. |
| between states. If you have a national workforce, | | | | Successful businesses recognise that ability to do |
| in-house payroll management can be extremely | | | | away with internal payroll systems has a measurable |
| time-consuming. | | | | cost/benefit ratio. However, the peace of mind that |
| 2. While there are some impressive payroll software | | | | results from knowing that this important function is |
| solutions available, by outsourcing payroll functions, the | | | | being managed professionally is immeasurable! |
| need to rely on a dedicated staff member to perform | | | | |