Whether this is a service you would like to take up on its own, or as part of a broader bookkeeping requirement, IZ Bookkeepers offers a complete payroll service. We ensure that individual employees are set-up correctly to meet necessary legal requirements, including minimum wage, superannuation payments, leave entitlements, PAYG tax payment and rates, and payroll tax.
Our payroll services in Melbourne include the completion of superannuation reporting, ensuring your business will meet all legislative requirements and payments are made on the correct due dates. We will also ensure that your business meets the relevant Work Cover requirements.
There are many benefits to outsourcing payroll services, including:
There is a lot to think about when it comes to payroll services, and when you don’t have dedicated professionals looking after things, too often the occasional slip-up can be made. That’s why it’s best to leave your payroll services to a professional. We ensure that every little detail is taken care of so you don’t have to worry about a thing.
When you have a company like IZ Bookkeepers looking after your payroll needs, your stress levels will certainly go down. This is because you know trained professionals are in the driving seat and are accountable to you.
Your employees work hard for you, so it only makes sense that you want to do right by them as well. You can protect your workers and ensure they get the benefit of their full entitlements by having professionals look after your payroll, keeping everything above board.
If you try to organise payroll services in-house, it can be awfully inconvenient when there’s just one person in charge of payroll. What if they’re sick, or want to go on holidays? Outsourcing your payroll services can give you a lot more flexibility and convenience, with a whole team at your fingertips.
When payroll is done in-house, it can involve a need to train employees constantly. But when you use easy cloud-based software that never goes out of date, then you only need to train relevant employees once, and the learning curve will be minimal. In addition, cloud-based software used by outsource companies eliminates the need for repeated updates to employee benefits, as the system is all centralised. This means there’s no doubling up in different departments.
When working with paper systems, it’s easy for security to be breached. But you’ll have no such issue when you work with an outsource payroll company, as all their systems will be 100% secure and cloud-based. You’ll have full control over who accesses what when you move to a cloud-based system.
When you outsource payroll, you can benefit from a more consistent approach when it comes to your payroll management. There won’t be any gaps in knowledge from one employer to a new employer, and the time taken to retrain payroll employees will be eliminated. You will now be working with a single cloud-based system instead of switching between different platforms. Your employees will only need to know the simple ins and outs of the cloud based system, which is easy for anyone to learn. There won’t be any expertise lost when an employee leaves, as most of the knowledge is kept by the outsource payroll company, not by individual in-house employees.
Here at IZ Bookkeepers, we have all the necessary technology and knowledge of payroll to offer you a distinct business advantage by managing your payroll as an outsource company. Our approach is to meet the individual requirements of a business, no matter how large or small. Contact us today to get started by calling (03) 9110 1455.