PAYROLLSERVICESBUYERSGUIDE.COM

Employers have two main options when it comes to handling their payroll functions - an in-house department or staff, or an independent payroll processing service. For small companies without the expertise or resources to handle the payroll function in-house, it makes a lot of sense to hire an independent payroll services company. Not only can this be less expensive, but it can allow the small business to focus on its core competencies and reduce the chance of potentially costly payroll-related mistakes. Outsourcing is not limited to small businesses as many Fortune 500 companies outsource at least some portion of their payroll functions.

Also known as: Payroll Services Buyers Guide