When Should You Outsource Payroll?

May 03, 2022
A Businessperson's hand giving cheque to customer and dollar bill, coin, laptop and graph chart on the desk at office. Payment by check, paycheck, payroll concept.

Let’s face it…payroll can be a headache. Even the most experienced HR pros would agree. However, when you partner with a full-service provider, like PayNW, most of your company’s payroll responsibilities – wage calculations, tax withholdings, reporting, and more – are taken care of. This leaves your HR team free to focus on what matters most…your people. 

Outsourcing payroll services to a third party can allow your company to reap many benefits. Some of these include: 

  • Better compliance, without having to keep up with all the changes and requirements 
  • No worries about when and how to file and pay taxes 
  • Save time, allowing for more focus on the core business 
  • Elevate employee engagement and experience  

When a company comes to PayNW for their payroll needs, we keep the focus on the client. Our process is designed to deliver a positive, responsive, and supportive experience from start to finish. We believe technology should serve people, not the other way around. Your company will be assigned a designated service rep to assist with any and all needs. PayNW also uses a single platform for payroll, timekeeping, and HR, which, in turn, will allow for better understanding and more transparency. 

While the majority of U.S. businesses process paychecks internally, this is not always cost-effective. At minimum, internal payroll processing requires the purchase of a computer or manual accounting program and extensive training to use it. In addition, businesses need to keep up to date on changes in personnel, deadlines, and tax requirements on an ongoing basis. Employers should consider outsourcing payroll to a full-service provider if they: 

  • Lack the resources (personnel and technology) to run payroll effectively 
  • Have been penalized for incorrect or late tax payments 
  • Are unable to keep pace with changing employment regulations 
  • Cannot meet data security or recordkeeping requirements 

PayNW’s market-leading cloud payroll & HR system is combined with a dedicated service representative. Your rep is a partner, providing personalized, responsive, caring support that makes PayNW a happy landing place for mid-size and growing businesses – particularly ones who like to choose their own business partners. 

For some businesses, giving up control of the payroll process can seem scary. However, the benefits often outweigh the risks. With PayNW, we ensure each client is treated correctly and things run smoothly 24/7. Your experience with PayNW will look vastly different than with other major payroll service providers.  If you aren’t convinced to outsource your payroll yet, just read some of our client testimonials 

Consider looking into outsourcing your payroll today. We’d love to chat with you about your business’ opportunities and how payroll outsourcing might help. Contact us here: PayNW.com/about-us/contact/. 

PayNW is the premier integrated cloud-based human capital management platform for mid-size to growing businesses. Our client services team is ready to assist you via email or by calling us at 866-729-6920.

Recent Posts