Payroll administration is a task that cannot be overlooked or delayed, and although managing payroll is a core function of operations, it often becomes tedious and repetitive as the organization grows. This can cause leadership, the HR team, or the operations manager to waste their hours processing payroll instead of allocating their time to high-leverage activities or strategic initiatives. Outsourcing payroll processing to HRG gives time back to your team while ensuring your people get paid quickly, tax deductions are made correctly, salaries are calculated accurately, and payroll processes are compliant.
PAYROLL PROCESSING
Manage Payroll Processing with HRG
When you outsource any responsibility to HRG, your team is matched with an HRG consultant who specializes in human resource management. Whether it is your HR team, your operations manager, your accountant, or your leadership (CFO, controller, owner, etc.), your HRG consultant will partner directly with whomever is managing your payroll. Your HRG consultant will work with them to evaluate your current processes and systems for managing payroll, and they will provide recommendations for short-term and long-term improvements. If your organization is using a human resource information system (HRIS) or payroll system to facilitate payroll, your HRG consultant will work within that platform. Though our team will make recommendations on which systems will align best with your organization and your goals, we do not require that our clients use a specific system.
There is More to Payroll than Cutting Checks
When an organization has limited bandwidth to dedicate to HR practices and procedures, it can seem as though payroll processing is as simple as distributing payments. However, when you take a 10,000-foot view of payroll management, you begin to see all of the components it involves such as time tracking, data collection, salary calculations, deductions, pay rate calculations, reporting, and record keeping. A look into payroll processing from a big-picture perspective also highlights just how intertwined payroll is in various other aspects of the organization including cash flow, compliance, benefits management, and more.
The complexity of payroll processing and its influence on other functions of the organization create opportunities for applying strategies and adjustments that improve efficiency and advance the organization towards achieving its goals. Working with HRG to manage your payroll processing enables your organization to take action on those opportunities for improving payroll and leveraging it as a tool for completing strategic initiatives.
Organizations Outsource Payroll Processing for Many Reasons
Many organizations recognize that there are opportunities for improvement but do not have the bandwidth to implement them, while other organizations understand that their leadership or HR staff could spend their time on higher-leverage activities. Some organizations seek payroll management assistance because they have grown rapidly and do not have the internal resources to effectively manage payroll administration. Whatever the reason, HRG can partner with your organization to alleviate your team from the tedious and repetitive responsibility of payroll processing.
Start a Conversation with an HRG Consultant
If you need to offload the responsibility of payroll processing, we like to make it as simple as possible for you. The process of outsourcing your payroll management starts with a conversation. Schedule a call with one of our HRG consultants, and they will take it from there.