Risk Management

Changes in legislation, volatile markets and inflexible systems can hinder your HR and Payroll staff in their attempts to provide a good service.

Risk management through payroll outsourcing

Risks can be managed more effectively when your payroll is managed by a specialist provider. When an organisation outsources its payroll function it hands over the responsibility for managing potentially damaging events to the service provider.

Risk management through payroll outsourcing brings these benefits:

• A greater ability to achieve legislation compliance
  As a leading provider of payroll services, we work closely with the Inland Revenue to make sure we respond quickly and properly to new legislation. And should the UK adopt the Euro as its currency, we will deal with the implications on payroll for all our outsourcing customers.

• Guaranteed continuous staff expertise
  Payroll departments are often relatively small so the exposure to risk should a staff member leave is great. But we are able to put our resources to good use on your behalf. For example, we would train people outside of your immediate outsourcing team on the details and processes of your payroll, guaranteeing continuous service.

• No worries about disaster recovery
  If you choose to outsource your system hosting to us as part of a service agreement, we will take on the responsibility for disaster recovery planning, testing and (in the worst case scenario) delivery.

• Easier to respond to changes like mergers and acquisitions
  Bringing new groups of employees into the outsourcing arrangement would involve minimal time on your part if we are managing your payroll function. Our ability is strengthened by the software systems we use. These are flexible and powerful enough to cope with large numbers of employees leaving or joining a payroll at any time.