Discover how Dataplan by IRIS offers secure, cloud-based payroll solutions paired with expert teams to ensure compliance, accuracy and peace of mind
Managing payroll today is more complex than ever, and even the best software cannot do it all on its own. Cloud-based payroll systems have revolutionised the process, offering better compliance, smoother workflows and improved employee satisfaction.
Yet, as effective as these tools are, they still require a team with deep payroll expertise, especially when navigating challenges like changing regulations, remote working arrangements and the cost-of-living crisis.
A Turning Point for Payroll
The pandemic marked a turning point for payroll management. Teams faced unprecedented challenges, from managing new legislation to adapting to job relief schemes and remote working setups. Businesses had to decide whether to enhance their in-house capabilities with advanced software or outsource payroll entirely.
For many, the choice was clear: outsourcing. In fact, 61% of organisations surveyed in the 2023 Global Payroll Complexity Index Report opted for it, recognising that payroll expertise is crucial for handling ever-changing rules around tax, pensions and benefits.
Understanding the Risks
Keeping payroll in-house comes with risks. What happens if your key payroll staff are unavailable, or new tax rules, such as regional variations in Scotland, are missed? Mistakes can lead to fines from HMRC and dissatisfied employees. Additionally, ensuring data security in today’s digital world adds another layer of complexity. For those without IT expertise, safeguarding payroll data against cyber threats can feel daunting.
Find Your Safety Net
Outsourcing provides a reliable safety net. A good payroll provider combines expert knowledge in areas like tax, pensions, compliance and international payroll, ensuring your processes run smoothly and accurately. Providers such as Dataplan by IRIS deliver secure, cloud-based systems alongside skilled teams to handle the intricacies of payroll. Outsourcing isn’t just about shifting tasks; it’s about gaining a partner who adapts to your needs and ensures consistency, even during challenging times.
Ultimately, software is only part of the solution. Payroll is deeply personal, directly affecting every employee and their pay. By partnering with experts, you can reduce stress, free up valuable time, and focus on growing your business. Ready to learn more?
This is a sponsored article, brought to you by Iris Education.
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