Many managers are concerned about risks associated with outsourcing payroll.
These risks include hidden costs, vendor non-performance, limited access to
information and the potential loss of control. To fully address these, we
recommend your objectives and expectations, are clarified and documented before
you begin.
The first question to ask is, why are you looking to outsource? Start by
identifying & quantifying the benefits you want to capitalise on. One thing
to remember is, payroll outsourcing is not for everyone. There
are a few businesses where payroll is strategic & should remain a fully
inhouse process.