Many companies looking to outsource to a payroll company cite business continuity as a major reason. And this is particularly so within the services sectors. Payroll outsourcing, of course has disaster recovery built-in. Employee information and payroll processing are completed off site. However, to be of benefit the disaster recovery procedures need to be better than your own. After all a disaster could befall the payroll company as readily as it could your own business.
When considering payroll outsourcing you should check the following with the payroll company:
- If your payroll provider has an outage what is the recovery time?
- Is this guaranteed?
- Do they have a second disaster recovery site ?
- What is their backup regime?
- Can you access your payroll data even if there is a payroll outage with your payroll company
Choose your payroll company only when you are sure that provides what you need in terms of disaster recovery.