The Ups and Downs of Outsourcing Payroll

Processing payroll is arguably one of the most important internal functions a government performs. Your people are your most valuable asset, and you need to make sure they are paid correctly and on time. At the same time, processing payroll is often one of the most frustrating tasks for finance staff. Hoping all employees submit their timesheets on time, ensuring pay codes are applied correctly, validating deductions for taxes and benefits, processing last minute personnel changes, and the ongoing complexity of collective bargaining and retro pays are enough to drive even the most serene payroll manager bonkers.

As a result, many finance professionals are intrigued by the idea of outsourcing the payroll function. This session will clarify what it really means to outsource payroll and outline the pros and cons of doing so. In addition, speakers will offer alternatives to full outsourcing that can still offer significant benefits and share best practices for implementing new payroll technology.