Payroll outsourcing: solution for SMEs

There’s no denying the importance of professional payroll software when it comes to managing your company’s payroll. The benefits involve an immense saving in effort while providing you with a great deal of transparency across the whole payroll workflow. It’s all perfectly logical and simple, so far. But what about the reality of selecting the right solution for your company? That’s where it gets a lot less simple.

Because there’s no shortage of options to pick from. There is a glut of competing solutions on the market, all claiming to offer you the best return on investment ROI. You can pick up a solution from one of the top 5 service software providers on the logic that you are paying a premium that will justify itself amply. Or you can shop around for a boutique offering that offers greater customisability. The options can seem endless, and in the case of a small or medium enterprise (SME), you simply may not have a skilled resource in-house who can wade through the veritable flood of offerings to find the holy grail of a solution that is the perfect fit for your business.

Even if you find a great solution, there’s the functional aftermath to consider. You need someone who is skilled enough to extract the optimal utility from the software. This means hiring a full-time, highly-skilled resource for a very specialised job. You also need to ensure that you are installing all the updates and patches you need. If something goes wrong, you have to interface with the software provider for servicing, supposing there is an after-sale support option at all.

That’s a lot of time, effort and money to tie up in one process, however vital. And in an SME environment the accent is on smart, agile solutions. Solutions like outsourcing your payroll process to a skilled partner. This immediately takes the burden of finding, operating and maintaining the right solution off you, saving on time and effort. You also save on costs because a specialised partner has already invested in the requisite infrastructure and resources and does not need to charge you the entire cost of their operations. All compelling reasons why you should seriously add a process outsourcing partner like Alp Consulting to the head of your consideration set!

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December 2018