Payroll is often the largest expense for any organisation and the highest risk for compliance and financial burden. With our managed payroll services, you can be confident knowing your payroll is compliant and employees are paid accurately on time, every time.
Managed payroll is when a company decides to outsource their payroll functions to an external specialist. At Phase 3, it’s about more than ‘handling your payroll’. We become your payroll department; getting under the skin of your business to understand who you are, what you do and what you need now and in the future.
Whether you’d like us to support your in-house team with month end processes or to become a fully managed payroll service for your company, we can help.
We hold accreditations for Cyber Essentials, ISO27001 for Information Security and ISO9001 for Quality Management.
We’re also implementing the Investors in People accreditation and have undertaken SOC1 Type 2 auditing. You can be confident your payroll functions are in expert hands, leaving you to focus exclusively on your core offering.
Payroll is a critical business function and errors happen more often than you think. Managed payroll gives you peace of mind, keeps you up to date with the latest legislation, reduces administration tasks and saves your business time and money.
It can also ensure business continuity during those unpredictable times such as staff sickness or technology malfunctions. Phase 3 will have you covered.
We enable our customers to do more with their technology. Through professional and managed services, we support their people and processes.
Following the resignation of the payroll manager, I took the opportunity to outsource the function. The team not only resolved many issues we were experiencing with our systems but also our staff now have more confidence and the level of queries has fallen dramatically. I have nothing but praise for the team!
Since our company inception we have exported 66,488 timesheets over 134 weekly pay runs. We have never had a temp who has accidently not been paid by Phase 3.
Overall, we have been happy with the support we receive from Phase 3 and the speed at which queries are resolved – especially considering we manage around 10,000 placements for students and graduates per year which can amount to hundreds of pay queries for Phase 3 to answer.
I would encourage other SMEs to work with Phase 3 and would recommend their services.
The best thing about Phase 3 is knowing that the payroll processing is done correctly. I have full confidence in the knowledge of the team.
All in all, the service we receive is nothing short of first-class! Phase 3 is by far one of the best consultancy companies I have ever worked with which is a great testament to your amazing people!
They’ve taken a very difficult process and streamlined it from start to finish. We get hands on, practical support when we need it most. The team don’t just fix our issues for us, they break it down in a simple way so that we can learn from them at the same time.
Managed payroll is suitable for any business, no matter the size or industry. We’ll simply tailor our services to suit your requirements. We can become an extension of your current payroll capabilities or manage the whole lot with our fully managed payroll service.
If the time, cost, effort and stress of managing payroll in house is beginning to impact your business, it might be time to start looking at the options available.
The cost of fully managed payroll is dependent on many variables including your company’s size, goals and needs. We offer flexible but competitive payment options in line with industry standards.
One of the main benefits of our managed payroll service is that we can take on as much or as little as you require. So, if you’d rather keep control of certain payroll responsibilities in house, that’s absolutely fine!
Managed payroll and outsourced payroll both refer to when a company uses an external provider to handle their payroll functions.
A difference is that while outsourced services refer to selected elements being handed over, fully managed payroll refers to it being passed over in full. This essentially means your payroll service provider becomes your payroll department, giving you more time (and money!) to focus on running and growing your business.
Security is our number one priority when it comes to managing your payroll, and Phase 3 work to the highest standard to protect the data of your business.
Our payroll databases are cloud based and hosted in data centres with the highest levels of security meaning we can assure the security and privacy of your employee data. Our processes are governed by ISO9001 and our data Security by ISO27001 as well as Cyber Essentials.
On top of this our systems are fully secure, using encryption that ensures any data passed between the two parties is safe from the risk of unauthorised access.
We’ll work with you to ensure the handover process is as smooth and painless as possible. Whether you’re migrating away from legacy systems and implementing a new payroll software, or sticking with your current system, Phase 3 will ensure little to no downtime or disruption to the business.
With Phase 3’s managed payroll services, there is no requirement for you to change your payroll software provider.
We can help to review your current system to ensure you are getting the most out of your software, and that it continues to meet your business needs. If not, we are completely independent of vendors and offer unbiased advice should you wish to change.
Phase 3 can handle workplace pension arrangements should you choose our fully managed payroll services. We’ll simply make the deductions and deal with the pension provider on your behalf to ensure they are paid into the scheme. The same goes for any other third party payments as required.
Concerned about auto-enrollment? We can also take this off your hands and make sure you are complying with your employer duties.
We can help to streamline and automate the payslip process – these can be provided in either sealed envelopes or electronically. Either way, we will ensure maximum security during the process.
We understand there can sometimes be changes that need to be made after payroll has run. In the event of this occurring, our managed payroll team will happily make the necessary changes and resend any adjusted payslips and reports. Note the usual fees will apply for any re-runs.
Should you decide that managed payroll isn’t for you, you can simply move the function back in house, subject to your contract. Again we’ll work with you to ensure that the process is smooth, with minimal disruption to business.
At Phase 3, our team is extremely experienced in managing payroll across a variety of different sectors with a variety of different (often unusual) requirements. Being a professional, award-winning managed payroll firm, you can be confident in the knowledge that we’ve seen it all before.
