Very few entrepreneurs and HR managers will say that the payroll is one of their favorite tasks. But when, from a strictly financial perspective, it makes sense to outsource the payroll operations?
Read below top 11 reasons why owners and managers of various companies are turning to Smartree as their HR services and payroll provider.
The expenses of maintaining a whole HR and payroll department can often be much higher than the option of outsourcing payroll and personnel administration. The reducing of the HR team or the reorientation of the department activity towards aspects of professional development, training and core business proves to be, on medium and long term, a profitable investment and cost reduction.
Managing payroll process is a time consuming activity. With payroll outsourcing, your employees can focus on more productive things and you can even reduce the size of the HR department.
3. Precision and correctness
Mistakes in payroll can be painful and drive crazy the employees and, most dangerous, seen and punished by authorities. A good supplier of payroll services as Smartree has a very low probability to mistake than an internal HR department. Furthermore, if errors can be compensated by the supplier, you can not ask the employees to do that.
The in-house payroll activities function in the same rhythm as your HR employees. Instead, if you have opted for outsourcing payroll, the speed and the quality of the process will not vary depending on holidays or sick leaves. In addition, you will not have to waste time with training new HR employees and made them understand the company’s payroll system.
Smartree, as specialist with available technical resources – proprietary payroll and HR administration software -, can handle even the most complex payroll in a very short time.
Smartree, as a HR and payroll provider, accesses and knows all the ins and outs of the tax laws and regulations. Your employees can achieve the same level of expertise, but this requires a considerable investment of time and effort.
7. Delegation of responsibility
It is Smartree responsibility, as provider, to ensure that payments are made on time and payroll is correct.
Payroll activity can be boring and repetitive and can be a real burden to employees. If you opt for outsourcing payroll, the HR department will be free to focus on more flexible and creative activities.
Do you have time and energy to closely supervise all the payroll processes? Smartree has the technology required to immediately report any security issues and, in addition, is certified ISO 27001: 2013 Information Security Management System.
If you use Smartree for outsourcing payroll process, this guarantees data confidentiality. Thus there is no risk that certain information be accessible to employees.
11. No worry
There are a lot of things that a business owner or manager is exempted by a HR provider. No headaches, no complications: focus on the profitable business.
Want to see how Smartree technology aids you when it comes to payroll?
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