Outsourcing vs Keeping It In House

2.      Streamlined processes
Using an outsourced payroll and HR provider will give your company access to a more streamlined and integrated HR process.  Paper Trails offers an all-in-one payroll and HR solution that centralizes HR functions and allows you to do tasks like:
a.      pay employees
b.      manage their time and attendance
c.      manage benefits administration
d.      onboard new employees
e.      post an employee or companywide schedule
f.       track and recruit applicants to new positions
g.      manage your books easily and efficiently

Companies that do their payroll and HR services in house often have inefficiencies in their processes by using multiple different applications for the above business functions.  A streamlined process is a great way to save your company time and money.

3.      Reduced costs and workloads
Working with an outside payroll company can save your business time and money.  Payroll providers, like Paper Trails, charge on a per employee basis per pay period or per month.  Base fees and per employee costs will generally add up to less than an average annual salary for a payroll processor and HR employee, which is $47,020.  Allowing Paper Trails to worry about things like processing payroll, figuring out tax withholdings, and keeping your company compliant, allows your HR staff and mangers time to worry about keeping your business thriving.  Reducing the time that it takes your staff to complete administrative tasks gives them more time to focus on revenue generating tasks.

2.      Data security
Data security threats can increase as more access to outside vendors is granted.  However, Paper Trails fights data security by having securities protocols in place such as requiring employees to stay up to date on security awareness and training, clean desks policies, and non-disclosure agreements.  Paper Trails uses isolved security features to limit visibility within the system.