Posts Tagged ‘Payroll’

Payroll top choice for outsourcing

August 22nd, 2011

Payroll is the most common department for businesses to outsource, an outsourcing expert has claimed.

The National Outsourcing Association (NOA), which promotes successful outsourcing, said it had seen an increase in the number of organisations outsourcing contracts to reduce costs.

Martyn Hart, chairman of the NOA, said: ‘Outsourcing payroll is even more important for small businesses. Smaller teams and less capital to invest amplify the impact of the benefits.

‘Payroll, along with cleaning, is the most common thing for small companies to outsource.’

According to the Chartered Institute of Personnel and Development, the top five benefits of outsourcing payroll and HR are reducing business costs, increasing effectiveness of delivery, providing greater expertise, moving HR up the value chain and aiding organisational growth.

Source:http://www.payrollworld.com/magazine/article/1110#axzz1Vkk2Xnhx

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Outsourcing of City Hall duties considered; Dunsmuir could shed billing, payroll

August 22nd, 2011

Dunsmuir is looking into ways to save money, and the City Council on Thursday directed the staff to pursue outsourcing City Hall duties.

The staff will look into contracting with a private company to process city employee payroll and water service billing, a move that could save the city hundreds of dollars each month.

City Manager Jim Lindley said the idea is part of an effort to make the city more efficient. Staffers have been crossed-trained in a variety of duties, he said.

“We’re pretty short staffed here,” Lindley said. “The thinking is that we can better allocate staff resources to more productive duties other than routine clerical tasks.”

Dunsmuir has 14 paid staffers not counting contracts with law enforcement or firefighters, according to city budget documents.

Some of those employees are part time.

Contracting out billing services would cost Dunsmuir about $421 monthly, according to an estimate from Advanced InfoSystems, a company that contracts utility billing services with nearly 20 cities and water districts.

But the city would gain about 12 labor hours from the deal, worth about $340, according to a staff report. Dunsmuir also could get rid of its postage machine, which costs the city $2,500 per year to operate and maintain, Lindley said.

“We’re just trying to come into the 21st century,” he said.

Dunsmuir would also save nearly $300 by outsourcing its payroll, according to a staff report. The city spends about $410 in labor per month to process payroll, while having another company handle it would cost about $140 monthly, according to the report.

Those figures are initial estimates, Lindley said. The staff will bring contracts for payroll and utility billing for council approval at a future meeting.

The outsourcing won’t result in layoffs.

“City staffing is already at bare bones to provide vital public services,” Vice Mayor Chris Raine said.

The council also decided to form a committee to figure out how to keep the Dunsmuir Library sustainable.

Currently open about 20 hours per week, the library is funded by city and a community group, Friends of the Dunsmuir Library.

The new committee will hold public meetings and form a recommendation for the council. Possible solutions include increases in either sales tax or property tax, Lindley said.

“We are committed to keeping the Dunsmuir Library open,” said Councilwoman Diane Dolf, who volunteered to sit on the committee.

In a letter to the city, Friends of the Dunsmuir Library’s board of directors said a sales tax increase would be shared by Dunsmuir residents and tourists, while the property tax would guarantee funding for the library.

Mt. Shasta voters in June approved a 0.25 percent hike in sales tax to fund their library.

“Mt. Shasta proved, with 75 percent voter approval for its sales tax increase measure, that this approach can be successful,” the letter says.

The group is looking to raise $40,000 per year to run the library, according to the letter.

Source:http://www.redding.com/news/2011/aug/19/outsourcing-of-city-hall-duties-considered/

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Payroll Outsourcing Australia-benefits Of Payroll Outsourcing

February 2nd, 2011

The main asset of any kind of corporation would be the employees and a good book keeping program, and appropriate payroll assistance is important because it keeps the business going and makes the employees satisfied. An organization would benefit if an employee is dedicated to his/her work and for them to get motivated, their payment must be promptly given. The payroll is the heart of any business sector and hence needs to be efficient and strictly controlled.

Outsourcing payroll is an Australia-based pay-roll service provider which is situated in Sydney. HR payroll software package allows the actual HR staff to carry out your pay-roll providers from month to month inside a clean fashion. In a company there are workers who will be paid on an hourly basis, a few in a daily basis and some on a monthly period andhence their wages have to be computed correctly.This can be a tiresome job on the part of the HR if manually computed. But with the HR and pay-roll software program that is released in the market had proven to be a great help to the HR people with regards to payroll concerns.

Outsourcing payroll provides a fantastic outsourcing of modern payroll solutions and pursuits. It does so according to the customization of the needs of every business owners and presents particular features which in turn will be profitable on their part. We provide extremely professional and accurately done payroll solutions to every client we serve.

You can find six major factors as to why you should outsource your payroll concerns to our modern payroll services. First, as the number of your employee increases, so does the labor expense, and there can be times that the HR personnel won’t be able to handle the payroll tasks if done by hand.This is the condition in which you necessitate to get payroll software or an in house payroll processing system. Outsourcing payroll provides user friendly and flexible payroll software that meets all the Australian taxation standards and also meets the requirements of the local government.

Our pay-roll software package smooths the progress of online tax processing in a timely manner. This kind of facility offered is an advantage to our consumers since the software made it easy for the users to fill their Federal and State taxes effortlessly and in a timely manner. The 2nd important advantage of a person employing our payroll software is the control you have around the payroll providers. In-house payroll software program permits you to make the modifications and upgrade of data of various departments and supplies the flexibility necessary for the same. An easy payroll service does not supply this particular flexibility.

Outsourcing payroll offers secured and reliable in house pay-roll software program to its corporate customers. Safety and credibility is important to pay-roll companies, and a risk-free software program enables just the authenticated employees to gain access to or up-date the pay-roll data. More over our payroll software is web based, and a web based service demands added security features which can be appropriately provided to business owners by us by constraining the actual screens which can be visible to certain personnel according to their privileges.

Source:http://business.ezinemark.com/payroll-outsourcing-australia-benefits-of-payroll-outsourcing-31f178803e5.html

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New BPO service,payroll outsourcing

September 7th, 2010

BPO work has not just broken new grounds in terms of territory. It has also come of age in pushing the envelope in the variety of call center services on offer. What started off just as answering service soon turned into a bed of opportunities. There were lots of things happening in the call center world. You have a thriving business in the outbound call center and also the inbound. Still, the back office functions are the services which have covered more ground than usual in the recent years. Functions like medical transcription, data entry and other non-core aspects of the business yielded valuable revenue for the business outsourcing firms. At present, it’s the payroll outsourcing that has caught the fancy of the business sector.

The work that your in-house human resources wing would consider cumbersome is easily handled by the BPO firms. Preparing payroll for the employees in your firm needs accurate information and the correct processing of the information. That is where call center firms can help you. All you have to do is provide them with the data that they require. They may use ERP software or other related software to solve your problems. The work of the call center is to streamline the process of salary generation and make sure that employees get their pay on time. Keeping a track record of their leaves and absenteeism will be crucial in calculating how much they are going to be paid for the month.

Your in-house HR team may have several immediate problems to deal with. HR problems on the work floor need your HR manager’s attention. If you outsource your payroll generation work to a BPO firm, your manager will have more time to deal with pressing problems like recruitment and induction. Having said that, you could also let a call center handle your recruitment calls. They have the persuasive and analytical skills to convince potential recruits to be interested to work in your company. It would be far wiser to allow trained callers to make calls to candidates that you are looking to hire. Outbound call center agents know exactly what to do to make them give a hard thought about career prospects in your company.

Coming back to the issue of payroll outsourcing, BPO firms hold an added advantage over your in-house team in generating payrolls. Because your project is designated to a call center team, they are totally focused on delivering the project on time. Your in-house team will definitely have other problems to deal with, besides payroll generation. Their concentration would be diluted over other areas of the HR process. Payroll is the most important aspect of the human resource wing because your employees will be mighty demotivated and angered if they don’t get their paychecks on time! To prevent any such untoward incident, you have got to think seriously about outsourcing the payroll generation to a call center unit. After all, relationships forge an organization together. Fortunately or otherwise, accurately generated payrolls go a long way in cementing those relationships!

Source:http://cars-on-finance.com/new-bpo-service-payroll-outsourcing

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Business made easy with payroll outsourcing

August 16th, 2010

In order for many businesses to be more productive, efficient and profitable while saving on money and resources, outsourcing has been one of the famous options that even large companies find hard to resist. One aspect of business that is being outsourced today is payroll processing, which is said to be the most time-consuming and costly task of running a business.

Effective business management can be achieved through outsourcing since you will significantly reduce the amount of work you will face while you take care on sales and marketing for your company to be even more successful and profitable. Outsourcing an aspect of the business will help you streamline and integrate various processes within your company.

Of course, you have specific requirements different from other companies operating within your industry. But, the bottom line here is that you will definitely benefit if you want to significantly reduce the overall administrative cost of running a business. So, what can you make of payroll outsourcing as one of the options you can take in business management?

Outsourcing to companies providing services that include process of payroll Nevada has is just an extended administrative task where your business provide necessary data and information required to generate payroll. The provider will then carry out accounting-related tasks such as calculations of salaries and applicable deductions wherever necessary.

Providers that process payroll Nevada has will also generate the necessary reports, provide pay slips and even file taxes in a timely manner. It prevents you from missing out on tax filing thereby reducing your losses on fees and charges. Also, providers see to it that the reports made are precise and accurate so that you don’t have to spend unnecessarily on report amendments.

Business management has been made easy by removing your payroll related tasks off from your in-house operation and let the provider to process payroll Nevada has in their own setting, location and management. You are paying for their services of course but it is not as much as when you set up your own accounting department and hire dozens of people to do a single work.

Source:http://www.ezarticles.info/?p=95776

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UK businesses benefit from outsourcing payroll services

August 5th, 2010

For businesses still trying to handle payroll services in-house there are a range of difficulties which could potentially cause widespread problems, Outsourcing payroll services offers many very significant benefits.

United Kingdom, August 2010 – A great many businesses still maintain their own internal payroll system in-house, often with just a single member of staff responsible for managing the payroll services. However, by managing the payroll in-house businesses face several major challenges, including the risk that through ill-health or unforeseen circumstances the member of staff responsible for handling the payroll is unable to complete the processing of payments on time, causing a range of problems for the staff and business. The cost of maintaining an in-house payroll system can also be very expensive, including maintaining the space, the technical equipment, software, licensing, bank fees and the salary of the member of staff responsible for processing the payroll. Technical breakdowns, computer malfunctions and telecommunications problems can all interfere, and when the issues are added up and considered it becomes very clear that outsourcing payroll services to a company such as E-Slip makes a good deal more sense in the long run.

E-Slip is a UK company which provides payroll services for businesses and organisations that need to streamline their payroll operation, cut costs and ensure a completely uninterruptable, reliable payroll service that can be handled quickly, efficiently and reliably whenever required. Whether the payroll needs to be updated daily, weekly or monthly, and regardless of how many alterations, updates and amendments are necessary, E-Slip is able to provide a personal level of service and direct contact which enables businesses to get on with their business whilst the payroll services is handled quickly and efficiently, saving the business time and money. E-Slip handles the payroll services of many major businesses in the UK, and has a reputation for being able to respond quickly, turnaround payroll processing very quickly and provide savings of up to 75% compared to processing payrolls in-house.

Source:http://www.addpr.com/articles/business/38164.html

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The benefits of outsourcing the payroll processing of your company ? 5 benefits you can not deny

August 5th, 2010

The Benefits of Outsourcing the Payroll Processing of Your Company 5 Benefits You Can Not Deny

When it comes to outsourcing anything, the usual benefits include saving time and money both of which are true of making the decision to outsource your payroll processing at your company. However, outside of time and money, there are many more benefits that will make you feel ridiculous for not considering before. If this has intrigued you, then you may want to keep reading the five benefits you cannot deny to find out more.

Saving Time & Money -:

First of all, the underlying reason to outsource payroll processing of your company is the same as was stated, the fact that you can save a large amount of time and money. Unless you happened to be a professional accountant before you started your company, chances are high that you are not familiar with accounting tasks such as payroll management which can easily eat up a large amount of your time trying to figure out. Given the fact that time is money; wouldn’t you rather be spending your time increasing your business worth than wasting it on an area that falls outside of your expertise?

Avoiding Penalties -:

Another great reason to think about outsourcing your company payroll processing is due to the fact that if a tax filing is wrong you can accrue large penalties and fines from the IRS and state or any equivalent tax agency in the country that you reside in. When you outsource this is not a concern because if an error does occur with your taxes most companies will pay the penalty as part of your deal. In fact, this is a very important factor to look at when choosing a payroll processing company.

Up-to-date info on tax laws -:

In a related vein of thought, tax tables and tax laws change on a rapid basis, which means that if you read up on the current law in order to handle your own payroll processing, within a few months you could once again be out of date and possibly making disastrous decisions in the long run. However, instead of becoming frantic with your efforts to keep up with current tax laws, why not hire an outsourcing firm that makes it their business to do just that so you do not have to.

Employee safety -:

Employees also receive benefits from your choice to outsource payroll because they and you never have to worry about a vacation or a sick day because an outsourcing company will always be on hand to process your payrolls for you regardless of any condition. Thus, take a step back from your company and enjoy the freedom that comes with outsourcing as it pertains to your personal life as well.

Allotting time for business needs -:

Finally, each of these four benefits piles up to create the final and fifth benefit, the fact that if you have free time on your hands since you no longer have to worry about payroll processing you can focus on your business needs. Business growth and expansion is a far better way to spend your time, so why not allot some additional time to maintain your focus.

Source:http://thomasiam46.typepad.com/blog/2010/08/the-benefits-of-outsourcing-the-payroll-processing-of-your-company-5-benefits-you-can-not-deny.html

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