Common Myths about Outsourcing Payroll, Part 2
3 More Myths Small Business Owners May Believe
Last month, The Payroll Department explored three common myths about outsourcing payroll that entrepreneurs may have:
- Myth #1: In-house payroll processing saves time and money – and is error-free.
- Myth #2: Payroll outsourcing is too expensive.
- Myth #3: Outsourcing payroll means I lose control over my payroll
However, these misconceptions simply aren’t true. To learn why, click this link.
If you have ever talked to a business consultant, you know they encourage small businesses to outsource non-core functions. Non-core functions are those that the business owner really doesn’t have the time or expertise to do. Plus, businesses don’t charge their customers for these non-core functions. In most businesses, payroll is a non-core function, so it is a prime candidate for outsourcing.
Nonetheless, many small business owners still don’t outsource their payroll processing, because they’re stuck on misconceptions about outsourcing. In this blog post, we talk about three more falsehoods that small business owners believe.
Myth #4: Payroll outsourcing setup is too complicated.
For some reason, small business owners think it’s going to be extremely difficult and too time consuming to set up a new payroll system with a payroll services provider. At The Payroll Department, we make switching over your payroll functions easy and painless. To get started with us, you only complete four forms. Then we call you to get the additional information we need. We do all the rest of the set-up work. Therefore, setting up your outsourced payroll isn’t as complicated as you may think.
Myth #5: Payroll outsourcing is only for large businesses.
It doesn’t matter if your business is big or small, outsourcing payroll is a great solution for all businesses. The Payroll Department’s payroll services are scalable to your needs. If the potential cost for payroll services is holding you back, you may be surprised to learn that we offer competitive pricing for small businesses. When you consider the amount of time you put into processing your payroll yourself, we can help you save not only time, but money. Stop assuming what you think it may cost to outsource your payroll! Contact Teresa Ray, owner of The Payroll Department, at 317-852-2568 to learn what the true cost is and all the benefits you’ll receive when you outsource your payroll to us.
Myth #6: Payroll providers only offer generic solutions.
Some small business owners seem to think payroll providers only offer a “one-size-fits-all” solution. This simply isn’t true. The Payroll Department understands that your business is unique. We work with you to understand your business and create a customized solution that meets your needs. As your business continues to grow, if your requirements change, The Payroll Department can make adjustments to meet your continuing needs.
Stop Believing these Payroll Outsourcing Myths
Lots of small businesses outsource their payroll. If these myths were true, they wouldn’t be doing it. Take the time to learn how payroll outsourcing can help you make better use of your time and money. Contact Teresa Ray to schedule a free consultation today.
Come back on May 23 to read our next blog post when we disprove the remaining myths about outsourcing payroll!
-Ariane of The Payroll Department Blog Team
