In almost every scenario outsourcing payroll makes sense
For any business, the engagement of a specialist service provider is a decision that should not be taken lightly, there must be compelling reasons to do so, the service must add value.
A specialist will help companies to focus on core business, give access to expert advice, reduce and control costs, free up internal resources for other purposes and improve efficiency.
In order to make an informed decision, these reasons should be considered and only when the conditions are right, should you decide that…
Outsourcing makes sound commercial sense
Well we would say that wouldn’t we, so let’s take a closer look at some of the reasons why choosing Pay-Nex is the correct decision for your business.
Costs
There is a great deal more to running the payroll than just running the payroll
It really isn’t just the time that it takes, there are other considerations too, such as specialist software and updates, the collection and updating of personnel records and timesheets, the secure and timely distribution of payslips, ongoing training and the big one…answering questions about holiday pay, statutory payments, tax codes and perhaps even a pay anomaly.
Accuracy
Fast is fine, but accuracy is everything
Payroll errors can be upsetting, unsettling and potentially very expensive. Our service is fast, accurate and reliable with numerous checking procedures designed to remove doubt and deliver peace of mind. Potential issues including underpayment or overpayment, incorrect Tax or benefit deductions and pension contributions could all have a significant negative impact on a business and on employee morale
Our Expertise
Knowledge, experience and communication are the keys to avoiding nasty surprises
You know your business better than anyone, and of course we would never presume otherwise. Here at Pay-Nex we have over 40 years of experience working with all types of businesses and we know that whatever you do, we can help. This broad spectrum of specialist knowledge is one of the reasons why we act on behalf of so many accountants and accountancy practices, these finance professionals recognise the value of our services and the business efficiencies that we deliver for their clients. Our skills have been developed over many years, but we understand that the only way we can stay current is with training, that is why every Pay-Nex team member undergoes a rigorous regime of continuous professional development.
Security
There can be few greater privileges than to be trusted completely and to not be found wanting
Your employees trust you with their personnel records, details of salary and benefits as well as all types of highly personal information, indeed it is difficult to imagine a business relationship that involves greater levels of confidence than that between an employer and a workforce. At Pay-Nex, not only do we appreciate the need for discretion and caution, we embrace the responsibility. This is why our business is protected by Cyber Essentials Certification, an initiative backed by HM Government that is designed to test every aspect of our internet security and our IT systems. We are proud of our continued certification, especially as we believe that it both demonstrates our commitment to data protection and typifies a standard of excellence that is present throughout our business.
Chris Burton-Brown , Managing Director ~ Mylor Financial Management Ltd
Your knowledge in a complex and continually changing environment is fantastic, and the peace of mind which you provide, knowing that you will always make sure that I am compliant, is invaluable
We’re here to help you
Please get in touch for an informal chat or to discuss any specific requirements that you may have