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| aps |
outsourcing |
benefits |
taps |
resources |
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benefits |
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| hidden
costs |
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The
major hidden cost of in-house processing of the payroll is the administrative
and management time spent in supporting this function. Problem resolution,
equipment maintenance, back-up and disaster recovery, stationery acquisition
and storage, record maintenance, GL interface and reconciliation, Group
Certificate prediction, holidays, sick leave, research, training and many
other costly and time-consuming tasks are all devolved to the service provider.
In most organisations, the real cost of the
payroll function is hidden in general administration costs and is therefore
difficult, if not impossible, to control. With the outsourced option, all
costs are clearly defined and can be accurately budgeted and controlled.
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| managing
change |
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| Changes
in company size or location due to mergers and acquisitions can have tremendous
impact on the compatability of your payroll, human resources, and benefit
systems. Outsourcing the business processes associated with these functions
allows staff to focus on core business products and strategies. |
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| improve
your payroll, finance and hr work flows |
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| Outsourcing
allows the entire range of payroll, human resources and finance work processes
to be automated. A user friendly interface with windows functionality can
integrate payroll information with spreadsheets, word processing, fax and
e-mail applications. This ensures a better flow of information and eliminates
many traditional manual data entry requirements. Keeping up to date with
new technologies is often a time consuming, resource intensive exercise.
Outsourcing can provide you with the benefits of these technologies, without
the hardware, maintenance or infrastructure costs. Outsourcing is a more
efficient means (in terms of system upgrades and technical resources). |
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| the
trend
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| There
is a growing worldwide trend amongst progressive and successful organisations
to outsource non-core activities like payroll to specialist suppliers and
to concentrate their limited resources on their core business, This trend
has been led by the United Kingdom where outsourcing of not just the payroll
system, but also the payroll staff, occurs. |
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| service
levels |
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| The
quality and turnaround in the provision of services to the end users (your
employees) are clearly defined through a Formal Service Level Agreement.
This enables you to set, monitor and adjust these services to achieve the
optimum morale/cost ratio. |
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| skill
+ knowledge |
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| In
the dynamic Australian payroll environment, maintaining and developing payroll
staff skills and keeping up-to-date with statutory and regulatory changes
is a costly and time consuming exercise. Subsequently, we will train our
payroll officers as required and consistently keep them up to date with
all industry changes. |
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