Payroll and employment
Employing others in your organisation
Outsourced payroll services are an ideal way for small businesses to manage their own payroll if they lack the time, resources and/or expertise to do it all on their own.
Anyone who is administered payroll will tell you it is its own job with quirks and pitfalls – from pension administration to pay calculation and tracking problems. But outsourcing payroll means SMEs can reduce risk and remain compliant while saving on precious staff hours.
What functions can outsourced payroll provide?
Outsourced payroll specialists can mould their approach and service to fit your needs. We recognise every business is different, after all, so how could they ever require the same level and intensity of service?
Depending on whether you have a PAYE scheme in place, need help with auto-enrolment and pension schemes, help with pay calculations, or all of these and everything in between, we are happy to match our service to your needs. We also offer assistance with payroll software, if that is something you are interested in.
We will help you with:
- setting up your PAYE scheme
- calculating payments and carrying out exception checks
- setting up and running payroll in software as required (e.g. monthly or quarterly) and producing your payslips
- bespoke reporting to suit your needs
- reclaiming statutory payments from HMRC
- producing P45s and P60s
- year-end processing
- auto-enrolment reporting and guidance on auto-enrolment
- set-up and maintenance of your pension scheme.
Why outsource your payroll?
Outsourcing your payroll comes with a host of benefits for you and your business, particularly when it comes to you and your staff’s time. Every hour of the workday is valuable, so it is best to spend yours with your customers and on the tasks that will make you money.
You might consider hiring an in-house payroll team to counteract this, but payroll specialists can be expensive to hire, then there is payroll software to purchase. That is why outsourcing payroll can be extremely cost-effective.
Outsourced payroll also ensures your duties to your employees are done accurately and on time. A lot of time is wasted on correcting mistakes; by using state-of-the-art payroll software, outsourcing to a specialist near eliminates human errors, ensuring you remain compliant.
In the meantime, you can rest assured that all your data is secure and backed up should something go wrong.
Take the stress out of payroll by outsourcing
Outsourcing payroll removes the stress from you and your staff by reducing your workload. Get back valuable time that can be reinvested in the business – all while potentially saving money.
We offer payroll outsourcing services for businesses of all types and sizes, adapted to your specific needs. Get in touch to discover how outsourcing payroll can make life easier.
Talk to someone on our team now
If you want to find out more about our experience, or explore what we can do for your business, get in touch and we’ll schedule an informal conversation.
“CMR Surgical appointed Business Partners as the right partner for the start-up to early growth stage in our journey. Rob, Sam and the team were able to take on everything we couldn’t including systems implementation, management, statutory accounts and payroll. I found the team always very responsive and proactive – looking forwards to working with them again.”
Martin Frost | co-founder and former CEO, CMR Surgical
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