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Pay Check – the specialist payroll services provider – brought 10 leading finance practitioners together at Accountex to discuss the challenges SMEs are facing around payroll and why working with an outsourced payroll partner could help
“Our people are our greatest asset” has become one of the best-known mantras in the business world. It stands to reason, then, that paying its people correctly and on time is one of the most important responsibilities a business has. So why do so many small and medium-sized (SME) firms put poorly-trained and under-resourced in-house teams on payroll duty?
... You can't do everything yourself.
Here are the best ways to outsource functions so your business can move forward.
... discover how outsourcing can save you from costly compliance mishaps, including a case study with our valued client Impression Technologies, a Coventry based business specialisting in the development, prototyping, production and licensing of its Hot Form Quench (HFQ) complex forming technology for the automotive, aerospace and transport industries.
"We decided to outsource our payroll to a bureau in April 2018 owing to the increasing complexities and time it was taking us to complete it in-house," says Christine Silvester. "It was a difficult decision because we were nervous it would become very process driven with limited manual intervention and the ability to have a point of contact for questions"
"Pay Check has demonstrated that it isn't a large factory-type processing bureau. It employs people who are there to make sure the customer experience is a personal one. We have a nominated point of contact who works really well with us. He isn't afraid to pick up the phone and call us if he has any questions, and he is always looking to improve the efficiency and experience for us.
"Nothing is ever too much trouble and it is always very professional. We are delighted with the service we receive and so pleased we made the decision to oursource to Pay Check."
How can professional advisers encourage their SME clients to innovate and grow? RandDTax and Pay Check brought 11 of the North West’s leading finance professionals and SME CEOs together to answer this question – and explore how external specialist partners can help.
We are delighted to announce our team member Monta Jansone is one of this year’s prestigious finalists for Reward Strategy
The Rewards recognises the highest achievements in the industry; in our continued commitment to staff development, we felt it was time to nominate one of our own for the Rising Star category, and we are so proud that Monta’s achievements are being recognised as a finalist.
In fact this is a historical event for Pay Check, being the first time we have ever entered an award. We hope this is the beginning of many award nominations in Pay Check’s future, and that this may be inspirational for more potential award categories next year. Check out some other finalists in the payroll industry here:
https://www.reward-strategy.com/events-tp/therewards-tab/r-shortlist-info
