Outsourced Payroll

Outsourced Payroll

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Why Outsource Payroll to Phase 3?

At Phase 3, our outsourced payroll services are delivered by CIPP-accredited specialist consultants, experienced in the full end-to-end payroll process. We help hundreds of businesses to varying degrees, either becoming their outsourced payroll department and managing the entire process, or just offering specialist support in a few specific areas. Whichever it is, we’re an outsourced payroll provider who truly works to get under the skin of your organisation by understanding who you are, what you do, and what you need now and in the future.

But that’s enough about us, we want to hear from you. Speak to our specialist outsourced payroll team today about your requirements and learn how Phase 3 can help.

Outsourced Payroll FAQs

How does outsourced payroll work?

When a company outsources its payroll to an external specialist, it essentially “hands over” payroll responsibilities to a third party. It can be an extremely cost-effective way to manage what can be an overwhelming, yet essential part of running a business.

At Phase 3, we can take on as much or as little of the payroll as you wish. Whether it’s managing monthly processes, filing taxes, or essentially handling the entire department, we’ve got you covered.

How much does outsourced payroll cost?

The cost of outsourcing your payroll is dependent on the size of your company, along with its requirements.

At Phase 3 we charge an initial onboarding fee. After that, you can expect to pay between £2 and £5 per employee, per month. For a more detailed quote, or for more information on our pricing model, we recommend you speak to a member of our payroll team. We also offer flexible payment options.

Is outsourced payroll different to managed payroll?

The principle of managed and outsourced payroll is the same, and both refer to a company using a third-party provider to handle varying degrees of the payroll.

You may have heard the term “fully managed payroll”, which refers to all aspects of the payroll being handed over in full. In this scenario, the external provider essentially becomes your payroll department.

Whatever your requirements, Phase 3 can help.

Will I need to change my payroll software?

With Phase 3’s outsourced payroll services, there is no need for you to change your payroll software, we can work with whatever system you currently use.

If your software no longer meets your business requirements, our independent consultants offer unbiased advice and can help you select a new system from our directory of trusted partners.

We also have a system selection tool that lets you see, at a glance, the most suited vendors for your organisation.

Can you guarantee security with outsourced payroll?

Security and privacy is our top priority when it comes to outsourced payroll. Our systems are fully secure and use encryption to ensure any data passed between us and your organisation is safe from the risk of unauthorised access.

Our databases are cloud based and hosted in data centres with the highest level of security. Our processes are governed by ISO9001 and our data Security by ISO27001 as well as Cyber Essentials.

Why should we pay to outsource payroll when we can do it in house?

Payroll has become an extremely specialist service, and errors can happen more often than you think. Being such a critical business function, outsourcing your payroll can give you complete peace of mind, save money, and free up time for you to focus on growing your organisation. Other benefits include:

  • Increased accuracy
  • Fraud prevention
  • Business continuit
  • Compliance risk management
  • Legislation handled
  • Cost-effective
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