How does outsourcing payroll work?

It is a very simple process. You just need to sign up with us for a free trial or contact us directly. We will then ask you to provide us with the information for your payroll online. That’s all you need to do. Payslips and reports are sent to your online secure system.

Should I outsource my payroll?

Yes, you definitely should. Business consultants have made it clear that outsourcing some of the non-core functions to professionals can be good for your business. It helps you save time and money, get expertise, ensure compliance with government regulations and make payroll processing safe and secure. Most importantly, you employ your resources on your central functions which allow you to generate more income as well as saving costs.

How much does it cost to outsource payroll?

With 1 employee in your company, dhPayroll is less than £15 per month. We work on a sliding scale so that you only pay for the work we do, and that helps you keep your costs to a minimum. Costs can be as little at £3 per payslip for larger companies with 50 or more employees. We can further reduce by tailoring costs if your payroll is weekly or you have more than 100 employees, so please contact us in any case for further information on the costs. We would be pleased to discuss your requirements and provide you with a quote.

Is outsourcing payroll cost-effective?

Yes, payroll outsourcing is a very cost-effective solution for your business. Think of all the time and money that is spent in calculating payroll in each period, printing, signing and distributing payslips and making payments, software maintenance, keeping up with changes in tax rates and other training issues, recruiting and training payroll staff, along with premises and other IT costs associated with internal payroll staff. Outsourcing is definitely going to cost you less.

When should you outsource payroll?

You should outsource your payroll when you feel that the cost of getting it done in-house is more than outsourcing it to professionals, but also you would like the added benefits of security and simple effective software and secure online access to payslips and P60s for your team. It is best to focus on the core functions of your organisation because that is what drives your business and makes your company successful.

Own a Small Business? Here’s Why You Need to Hire a Payroll Service

The key to success behind every venture is keeping things organised and getting your priorities straight. While keeping a keen eye on the market trends and identifying your target audience is extremely important for success, it is vital to give your workforce a thought too.

Providing a better working environment is important, and going for services like payroll services for small business can be extremely beneficial. In addition to keeping the entire process of providing the monthly pay smooth and easy, these services can benefit your business too.

So, if you are considering this option, here are some benefits why it is worth hiring payroll services in Kingston.

It Helps You Overcome Business Challenges.

The majority of small businesses cited that administrative work and payroll can be a major task, which not only consumes a lot of time and effort but can also be fraught with compliances and legislative challenges.

Even if you hire a professional to manage these tasks, this won’t be as fruitful as hiring a payroll service. Because managing payroll is not only about paying the salary to the employees. It also involves managing their days off, their timely sign-ins and a lot of other things.

It Can Make The Operations Nimble.

One thing that is the most unpredictable to a business is the market conditions. Here’s an example, in 2020, several small businesses shuttered their doors as they were not able to cope with the dwindling and changing economy. However many others thrived and post ‘pandemic’ are doing better than ever.

Market conditions can change anytime. And a business that is quick to these changes and responds well are more likely to succeed.

Hiring a payroll service might just help you keep the operations more stable and nimble. This could be a great thing, especially if you are planning to grow your business.

Summing Up

If you want to keep your business running and ensure that the interests of your workforce are well maintained, it is important you get in touch with a third party and go for their payroll services.

Own A Small Business? Here’s Why You Need To Hire A Payroll Service

It Helps You Overcome Business Challenges.

It Can Make The Operations Nimble.

Summing Up

Get My Free Guide