What are the benefits of outsourcing your payroll service?
There are a number of benefits to using DMP’s Managed Payroll Service – the most obvious of which is the low- cost, but the list goes on:
No expertise required – we deal with all the complexities and calculations so you don’t have to. Meaning there’s no need to worry about learning new IT systems or dealing with training costs. There’s no need to hire a payroll specialist, we’ll do it all for you at a low- cost.
No worries about legal changes – the law is constantly changing, but with our managed payroll system you don’t have to worry about keeping up.
Dealing with the ATO – No one likes dealing with the taxman. Using our payroll service means you don’t have to worry. We deal directly with the ATO on your behalf.
Bespoke Service – Our payroll service is designed to meet your needs. With guidance and support tailored to your company/business.
Processing Support – We’ll deal with separation certificates and all departure requirements if an employee leaves.
Happy Employees – Using our payroll service means your employees will be paid accurately and on time. So they’ll be happy.
Why outsource your payroll to DMP?
Payroll is often the biggest cost to an organisation yet is regularly thought of as being mundane and unimportant. However, an expert outsource provider such as DMP to deal with the payroll can bring a variety of benefits for a business, such as:
- Improving operating efficiencies
- Key people spending more time focusing on the core business
- Ensuring the payroll is compliant with ever-changing legislation
- Protecting against employee dissatisfaction, costly errors and hidden expense
- Increasing operating efficiencies
Outsourcing payroll allows you to see a transparent, actual cost of payroll and also alleviate the variable cost burdens such as updating technology, systems and staff recruitment and training.
Freeing up time to focus on core activities
One of your main reasons for outsourcing to a specialist provider should be that it frees up time and resources to concentrate on strategic areas such as recruitment, retention and staff performance that have a direct impact on profitability. DMP will take on the day to day management and responsibility for delivering consistent results and will be proactive by developing the payroll service and benefits to the business.
Increase payroll efficiency
Payroll is fundamental to an organisation. If people don’t get paid, the organisation will not exist beyond the very short term. If there are inaccuracies with payroll, it will have a direct impact on staff motivation and morale. Businesses that rely on a single member of staff to handle the payroll are placing themselves in a highly vulnerable position if that person leaves or is absent. By outsourcing to DMP you can be sure that there is a team of payroll professionals managing your payroll.
Improve management information
Outsourcing payroll can improve the quality of management information. DMP offers tailored management information and reporting so that your payroll can bring rich and timely information into your business.
Peace of mind gained from expertise
With the constant stream of new and changing legislation the complexities and demands of today’s payroll are increasing. Compliance is essential and having the security of working with payroll experts means it is one less thing to worry about. DMP will keep you up to date with the latest legislation and statutory requirements. By selecting to work with DMP you can ensure your payroll is managed by payroll professionals not payroll administrators.
Payroll data is extremely sensitive and in light of this DMP have high levels of data security to ensure that your data is in safe hands.
If you’d like to explore the possibility of switching to DMP, why not get in touch or request a no obligation quotation. After all, it costs nothing to chat and you might just be surprised at how friendly and approachable our team is.