Are you still managing your payroll in-house? Do you believe doing everything yourself gives you greater control and oversight? If so, I am here to tell you the inability to relinquish control – and the failure to outsource tasks – is a bad business decision you need to give up! Payroll processing is not your core business – or main area of expertise – and yet it requires a great deal of time and attention to detail. Outsourcing your payroll processing can save you valuable time and money – as well as ensure compliance.
Here’s a list of the main benefits of payroll outsourcing for you to consider:
It saves time
Time-consuming and admin heavy tasks such as keeping track of deductions, new employees, overtime, pay increases and contract terminations must be done correctly and timeously. And that’s time taken away from the core tasks that help you manage and grow your business. When you outsource your payroll, you immediately free time to focus on long-term, strategic business activities.
It saves money
As a business owner, the time you are able to save each day is money earned. With that in mind, if you look at the total time you spend on payroll each pay cycle compared to the costs of outsourcing, you’ll see significant cost savings when you take those tasks off of your never-ending to-do list.
It ensures compliance
Keeping up with legislative requirements can be difficult. There are too many regulations for a small business owner to stay on top of and it’s all too easy to unwittingly face penalties for non-compliance. By outsourcing your payroll, you will get advice from experts who know all the legislative ins and outs.
At Diga we understand tax law. It’s our business to keep up with the rules, regulations, and changes in tax law. Our expertise will keep your company compliant and free you up to focus on more business-critical work.
Should you require any assistance, email us on email@example.com and let us know your specific needs.