Only a few companies would admit that they enjoy payroll management. There are tangible benefits to using payroll outsourcing companies in South Africa. Reduced risk and cost to the company are only some of the benefits that these outsourcing companies offer businesses.
Having an internal payroll department presents a whole bunch of different challenges and responsibilities to businesses. These include training HR staff, staying up to date with the latest laws and legislation governing the HR industry and putting various systems and processes in place to make sure everything runs smoothly.
Advantages of payroll outsourcing vs. having an internal payroll department
Here is a list of some of the advantages of outsourcing payroll services:
- Cost savings: Large corporations can certainly afford to maintain a big payroll department. For smaller companies though, a payroll outsourcing company will save money by removing some of the tedious and time consuming HR tasks that can slow down production. If you are looking for more proof about the cost effectiveness of outsourcing your payroll, simply determine how many hours employees spend on payroll related activities and calculate the exact amount you are spending – now compare it with plans offered by outsourcing companies.
- Increased productivity: As any business manager can attest to, payroll management is an extremely time consuming activity. By using a payroll outsourcing company, the tedious burden of payroll management is removed and employees are able to concentrate on the things they are good at.
- Reliability: With outsourcing, you will still receive the same reliable output speed and quality that is not dependent on holiday time and sick leave from your staff.
CRS is one of the leading payroll outsourcing companies in South Africa and offers human resource software and outsourcing services to South African businesses.
Contact CRS for Payroll Outsourcing in South Africa