The increasing trend among accountants to outsource payroll services.

Since 2020, we have come to realize that the physical presence in the office is not as crucial as it used to be. This has led us to question the need for an office and explore the possibility of having remote employees permanently. As a result, 75% of accountancy firms in the UK have turned to outsourcing payroll services in the same year. This decision is driven by the fact that outsourcing offers a more cost-effective and efficient solution compared to investing in expensive software, recruitment fees, and salaries.

So, what are the advantages of outsourcing payroll for accountants?

Software

Finding reliable and affordable payroll software is a challenge. Why struggle with complicated software when experts can handle it for you in a matter of minutes? Outsourcing removes the hassle of dealing with software providers and free trials and provides top-notch software for your clients.

Wagewolf offers employees the ability to receive immediate notifications through their app, as well as email alerts and access to a portal. This platform is closely monitored by both employers and accountants.

Time

Are you tired of spending long hours and overtime on payroll at the end of each month? You’re not alone. Payroll is a time-consuming task that takes away precious time that could be spent on other aspects of your business. Outsourcing frees up your time to focus on other important tasks while ensuring that your payroll is handled by experts.

Compliance

Keeping up with constantly changing payroll legislation can be a challenge for many accountants. Outsourcing places your payroll in the hands of UK-based experts who are up to date with the latest changes, reducing the risk of errors and penalties.

Cost Savings

Outsourcing payroll services also leads to cost savings. You no longer must worry about expensive software fees or payroll wages, as these are covered by the outsourcing company. Wagewolf offers a simple pay-per-slip system, keeping costs low and profits high.

Business Continuity

What happens if your current payroll administrator makes a mistake or calls in sick? Relying on a single person for payroll is outdated when you can have a whole team of professionals working on your behalf. With our White Label service, Wagewolf can act as your in-house department, providing a branded email address, phone number, and more. Say goodbye to the stress and hassle of payroll and switch to our unique and comprehensive payroll solution.