Date28 Feb 2022
The past year has been difficult for many, but particularly payroll professionals across the UK. The introduction of the likes of the Coronavirus Job Retention Scheme (CJRS) made the pay process even more complicated.
Moving forward, a company’s payroll function is undoubtedly going to be under increased scrutiny and pressure as the UK continues to deal with rising living costs.
External factors have influenced and will continue to influence the workload of payroll professionals, but the need for an accurate, efficient, and secure function is only further highlighted.
Achieving payroll accuracy and efficiency
Payroll is one of the most crucial elements of running a business, but it can also be one of the most complex. With 174 pieces of legislation directly affecting payroll, there is a lot to get to grips with.
The introduction of the General Data Protection Regulation (GDPR) in spring of 2018 brought more legislative headaches for employers. As such, a highly robust payroll provision is an essential business element.
Our payroll experts have pulled together a useful list to consider as part of standard operating procedure:
Keeping payroll data safe and secure
In relation to security best practice, the following internal processes should be considered:
We are here to help
At Azets, we have a dedicated payroll team who can ensure you pay your employees correctly and on time and remain compliant with the 174 pieces of legislation. Outsourcing your payroll to Azets gives you back time to focus on and grow your business.
We’re proud of our robust and comprehensive processes and policies demonstrating our resilience and ability to adapt to unforeseen events. We agree requirements at the outset of any new assignment and a suitable schedule for data exchange. Continuity of service is key, and subsequently clients will be given a dedicated personal contact to liaise with.
If you’d like to discuss payroll accuracy, efficiency or security, please get in touch with a member of our specialist payroll team.