Your business is unique, and so are your payroll requirements. That’s why FMP Payroll Services tailor all our outsourced payroll services exactly to our clients’ requirements. By understanding the nuances of your business we are able to provide an agile, efficient and cost effective payroll solution that lets you focus on what you do best.
With over 40 years’ experience outsourcing payroll and maintaining the highest levels of payroll accuracy, we pride ourselves on providing services that our clients can trust. With FMP Payroll Services, you can rest assured that your employees will be paid accurately and on time, every time.
We offer both fully managed and part managed payroll solutions, depending on your budget and the key elements and responsibilities associated you would like us to manage.
Our Outsourced Payroll Solutions
A complete outsourced payroll service offering you all of the benefits of a payroll department without any of the overheads or responsibility.
We’ll give you a front end version of our software to input payroll and pull reporting, whilst outsourcing the time consuming processes to FMP’s Payroll Bureau.
Why Outsource Your Payroll?
Is outsourcing your payroll function right for your business? Most payroll outsourcing companies will try and tell you it is, often without taking the time to understand your business and its payroll requirements. We appreciate that it isn’t always the right option, and will be 100% transparent if we have any doubts as to whether payroll outsourcing is best-fit for your organisation.
The benefits of outsourcing a business’s payroll function vary from one company to another, however there are key advantages that are common reasons to outsource payroll processing:
- Payroll Accuracy. Payroll errors are far more commonplace than you might think. Small businesses, in particular, can find it challenging keeping on top of the frequent, and often complicated changes to tax codes and legislation. An accomplished payroll outsourcing company has the experience and processes in place to avoid these errors.
- Time. Lots more of it! The administrative functions of payroll can take up valuable work hours. And that time can be used by your team to really focus on core business issues, whatever they are. Perhaps it’s more people time. Or focusing on strategy, growth or development. It’s your choice. What does payroll outsourcing mean for you?
- Cost savings. Depending on your business and its size, outsourcing your payroll could generate considerable cost savings in the long-term. Outsourcing allows you to access efficient payroll services without having to employ a dedicated person or team internally.
- Security. There are security risks involved when managing confidential payroll data in-house. By outsourcing your payroll functions, you can ensure your data will be protected by state of the art systems.
Of course, this isn’t enough to tell you whether payroll outsourcing is right for you. If you’d like to get in touch, one of our qualified payroll outsourcing specialists will be happy to discuss your requirements.
The Cost of Outsourcing Payroll
Most small to medium sized businesses can make significant cost savings by outsourcing their payroll function to the right payroll bureau. At FMP, our complete payroll accuracy and flexible part time or fully managed payroll services allows us to consistently save money for a range of businesses.
Our payroll outsourcing prices vary by the exact service and our clients’ needs. However, rather than asking how much our payroll outsourcing costs, ask how much we can save your business!
Get in touch today to find out the value added services we could bring to your business.
The Risks of Outsourcing Payroll
Outsourcing payroll involves risk only if you work with the wrong company. In our experience, payroll bureaus introduce errors when they don’t take the time to fully understand the complexities of your business. It’s for this reason that our tailored approach to outsourced payroll is absolutely fundamental to our way of working.
We are also proud to be a HMRC and BACs approved bureau, with a highly professional team dedicated to ensuring your payroll is legislatively compliant. Our payroll managers collectively have over eight decades of experience, and carrying out frequent checks is a key priority.
Contact us today for more information on our payroll service and how we can help you to save valuable time and money for your business.