1. Stay confident about meeting guidelines: When you outsource payroll processing to an experienced vendor, you can be assured that your filings and regulations will meet all the provincial guidelines.
2. Be worry-free: Outsourcing payroll administration to a vendor can help you stay worry-free as you will not have to pay penalties for remitting government source remittances after the due date. You will also not have to keep a track of due dates as your vendor will take care of this.
3. Make huge savings on operating cost: No matter the size of your organization, outsourcing payroll can be profitable. If you conduct payroll processing in-house, you will require more resources. You will also have pay for several hidden costs such as software, printing costs and check costs to name a few.