Organisations are reluctant to outsource payroll due to several reasons and decide to process Payroll in-house. They tend to forget the hidden cost involved in terms of Manpower, Technology and infrastructure. Managing payroll in-house is more expensive than it appears at first glance. Payroll remains a non-core function. Wouldn't you be better off focusing on your business goals?

1. Hidden Costs
In-house Payroll
of

2. HR across companies has several
Important Components

3. Important components of HR
Recruitment Compensation & Benefits
HR

4. Payroll – “cannot be in business” without it

5. Payroll – “cannot be in business” without it

7. Payroll affects
employee
motivation,

8. Payroll affects
employee
motivation,
employee morale

9. and when not done
right, has the
potential of
hampering
employee
productivity

10. Your business is about your products & services
that you deliver to your customers,
Payroll remains a non-core function

11. Your business is about your products & services
that you deliver to your customers,
Payroll remains a non-core function
Is it worth spending
so much effort & time
on it?

12. Your business is about your products & services
that you deliver to your customers,
Payroll remains a non-core function
Is it worth spending
so much effort & time
on it?
Wouldn’t you be better off
focusing on your business goals?

13. Interestingly, several businesses are reluctant to
Outsource Payroll
for one of the following reasons

14. They want to be in Control
They feel that by outsourcing payroll to
a vendor, they will lose control
over the process.
1

15. They are worried about
Data confidentiality & Security
They feel that their data
may not remain
confidential and safe
with an external vendor
2

16. They feel it is expensive
They feel that the vendor will overcharge
and the solution might turn out to be
expensive
3

17. Insecurity about level of service from an
outsourced service provider
If the payroll is outsourced, will the vendor
be able to provide timely and accurate
inputs consistently
4

18. To overcome this problem Several
companies decide to manage
Payroll in-house

19. In-house payroll
however has several
hidden costs
that you need to consider
Manpower
Infrastructure
Technology

20. To keep pace with the continuous
developments and new trends
in payroll, having
domain knowledge within your
payroll teams is vital
Manpower

21. Manpower
You need to have a full-time resource only
for payroll.
For most part of the month, he/she remains
underutilized

22. Manpower
In case of attrition , organisations end up spending
a lot of time & energy in re-training.
Also during transitions, service levels are
affected

23. Manpower
Right kind of people, with a sense of
accountability and responsibility are
necessary.
Regardless of whether your payroll team is sick or on
leave, you do not have an option, not doing
your payroll

24. Technology
Deciding on the right software
can be a tough decision.
With all the updates, maintenance and
customization requirements, it can get very
complex

25. Technology
Buying technology is one-time
cost,but maintaining it for your
business is a recurring cost.

26. Technology
Your teams need to be trained on utilizing the
software efficiently, as there is no room for
errors.
This starts eating up management bandwidth.

27. Technology
Payroll teams lack the technical
expertise to manage software
updates and customization
Dependency on the vendor remains high and
can be very expensive.

28. For confidentiality and
security reasons, the servers used
need to be dedicated to payrollInfrastructure

29. You need to consider the cost involved in
setting up server and other
related infrastructure and its
maintenance.
Infrastructure

30. If you are using software, to manage its
installations/support, you need to have
your own IS team.
You need to make sure that back-
ups, security, redundancy are taken
care of. All this involves cost as well
Infrastructure

31. As, would be evident by now,
Managing Payroll in-house
is more expensive than
it appears at first glance

32. Rather than worrying about technology, its time you
considered a payroll outsourcing specialist
12+ years exclusive focus
Over 100,000+ monthly payroll
records processed
Over 250+ clients

33. Proven Accuracy / Consistency
Why Paysquare ?
International standards
Domain knowledge
Single window secure 24*7 access
Easy integration & migration
Strong Automation & processes

34. Some of our customers

36. Web – www.paysquare.com
Blog – http://www.paysquare.com/blog
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