What is outsourced payroll?

Outsourced payroll is for businesses that don’t fancy the daunting responsibility or hassle of processing payroll for their staff in-house. Rather than the payroll being processed at the company, outsourced payroll is when companies use the services of an external specialist payroll provider with a team of qualified experts to manage their businesses’ payroll requirements. Opting to outsource payroll to a specialist payroll provider means tasks such as processing the pay of your employees, maintaining payroll records and software and managing compliances are all looked after by the outsourced payroll provider.

Why should you consider outsourcing payroll?

Running payroll can often be time-consuming and complicated – particularly if you have a lot of staff. There are also a lot of legal requirements and tax legislation to be mindful of, which means there are severe risks to getting things wrong. Many business owners choose to outsource payroll to a specialist payroll provider to eliminate any room for potential errors and give them complete peace of mind that their payroll will be processed correctly.

What are the benefits of hiring an outsourced payroll provider like Churchill Knight Umbrella?

Processing the payroll of employees can be expensive due to the hiring costs of payroll professionals to work at your business and the software required to run payroll. Outsourcing payroll to a professional company can save you money, improve your business’s efficiency and save you time.

Here are some of the main reasons you could benefit from outsourcing your payroll to a specialist like Churchill Knight Umbrella:

  • You are struggling to manage your employees’ payroll. Payroll is time-consuming, and you may receive many queries from employees regarding payments or engage temporary workers with complex payment arrangements. Outsourcing payroll will mean a specialist provider can expertly run the payroll and improve your employees’ payroll experience while giving each employee the time needed to provide in-depth answers to their queries.
    Errors are made when processing payroll—If you are currently struggling to manage your employees’ payroll in-house and are processing late payments, missing deadlines, or making errors, outsourcing your payroll could be the answer. A specialist outsourced payroll provider will ensure seamless and timely payroll.
  • Your business is growing, and you would prefer to invest your time in other areas – As your business grows, you will need to employ more staff, which, in turn, requires more time, payroll staff, and resources to be allocated to your in-house payroll team. Engaging an outsourced payroll provider will allow you to focus on other areas of the business that you would prefer to invest in to enable your business to thrive, and you can save money by hiring a low-cost outsourced payroll provider.
  • You must comply with HMRC—If you are worried about complying with HMRC regulations and UK tax law, consider switching to an outsourced payroll provider. You’ll be in the safest hands, and your payroll will comply with all HMRC legislation.

How do you choose an excellent outsourced payroll provider service?

Running payroll correctly is of utmost importance to your business. You want to ensure the outsourced payroll provider will get it right and choose a provider that meets your business’s needs and requirements. Here are a few points to consider when selecting an outsourced payroll provider:

  • Do they use automated payroll software? Always check whether the outsourced payroll provider is using software to automate the easy tasks so you are paying less for basic admin jobs to be completed.
  • How secure is your data? As you will be providing the company with sensitive information, you must ask how they handle the security and privacy of your business and ensure employee data and safeguards are in place to ensure the data is secure.
  • How often are employee details checked? A change in an employee’s details may affect deductions to their pay. Good outsourced payroll providers are vigilant and check and update employee information regularly.
  • Does the service offer the right level of service for your business? You don’t want to pay a large amount of money for a service you don’t need. It’s important to understand what you’re paying for, what the service covers, and whether there are any tasks you will need to handle in-house.

Why should you outsource your payroll to Churchill Knight Umbrella?

Churchill Knight Umbrella specialises in offering payroll solutions for businesses of all sizes and gives you complete peace of mind that your payroll will be processed correctly. Our in-house team is ready to streamline your payroll service by providing you and your employees with a smooth service that ensures your staff are paid on time and compliantly. Here are some of the reasons you should consider outsourcing your payroll to us:

  • We can save you hours of time you would otherwise have to dedicate to running payroll.
    We can reduce your business’s overheads.
  • We can improve the payroll experience of your employees and answer any payroll questions.
  • We can help you with payroll compliance.
  • Our outsourced payroll service will be tailored to your business requirements.
  • We provide a free and impartial consultation and a personalised quotation.
  • You will be assigned your own dedicated account manager, who is contactable via phone and email whenever needed.
  • We can support businesses with employees who have employees on varying payroll frequencies (for example, weekly, fortnightly, or monthly).
  • We have state-of-the-art software to ensure accuracy is met and will issue you with regular payroll reports.
  • Our service is very responsive, and we can accommodate last-minute changes to your outsourced payroll requirements (for example, if you hire new staff quickly).
  • We always process payroll accurately and compliantly and are up to date with the latest legislation and HMRC regulations.

Whether you have over 100 members of temporary workers or permanent members of staff in your team or a small business with a handful of employees, Churchill Knight Umbrella can support you with your outsourced payroll requirements. Please call our Sales Consultants on 01707 871622 for a free consultation to discuss your circumstances. Alternatively, please complete the form on this page, and a team member will be in contact to discuss how we can help your business with compliance and payroll.

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