dataplan payroll services

Payroll Efficiency

Payroll Efficiency
Alison Clynes
Written by
Wednesday, 25 August 2010 23:00

For many small businesses, there is pattern of development in the early years of learning, growth and expansion. Some of the learning is in areas unrelated to the main business and these can involve steep learning curves. For example, most people who either receive or pay wages or salaries know of the acronym BACS as it appears regularly on wage slips and bank statements, but how many people know that it stands for Bankers Automated Clearing Services, which was set up back in the 1960s when non-paper means of transferring money began to be used at the start of electronic transfer of money and funds.

It does not really matter that most people are unaware of this history, as long as payments are made efficiently and securely, but as a payroll manager you would need to know a little about how these matters work. However, this may be difficult when you are concentrating on building your core business and haven't really time to spend on financial issues.

This is where payroll outsourcing services can assist. Here at Dataplan Payroll, we know about BACS and all the other topics that are important in ensuring that your payroll is dealt with efficiently. We take the burden of all these matters away from you, leaving you with the time you need for the development and management of your business. Once you start using the services of a payroll company, you will benefit from the extra time to work on the core areas of your business in which you are the expert.

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