{"id":78160,"date":"2023-08-14T10:39:17","date_gmt":"2023-08-14T10:39:17","guid":{"rendered":"https:\/\/cezannehr.com\/hr-blog\/2023\/08\/stress-relieving-benefits-managed-payroll\/"},"modified":"2026-03-19T10:49:57","modified_gmt":"2026-03-19T10:49:57","slug":"stress-relieving-benefits-managed-payroll","status":"publish","type":"post","link":"https:\/\/cezannehr.com\/gr\/hr-blog\/2023\/08\/stress-relieving-benefits-managed-payroll\/","title":{"rendered":"Peace of mind: the stress-relieving benefits of managed payroll"},"content":{"rendered":"

Peace of mind: the stress-relieving benefits of managed payroll in summary:<\/h3>\n

Without the right infrastructure, managing payroll in-house can be time-consuming, stressful, and prone to costly errors\u2014especially as regulations grow more complex. Managed payroll services help reduce that burden by improving accuracy, ensuring compliance, and freeing up HR teams to focus on more strategic work. By combining expert support with integrated HR software, businesses can streamline processes, minimise risk, and create a smoother, more reliable payroll experience for everyone.<\/p>\n

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For HR, the past few years have been non-stop.<\/h3>\n

The business landscape is in a constant state of flux. interest rate rises, digital evolutions, arguments about where the best place for work should be\u2026 and yet, the function is often being asked to do more with less.<\/p>\n

People practitioners are regularly being tasked with hugely important strategic tasks. Acquiring the skills businesses sorely need (but likely with less budget or latitude to hire), helping out as employees grapple with an ongoing cost of living crisis<\/a> (often having to turn to creative solutions with businesses also hit by financial pressures), and figuring out where on earth AI fits into all of this (and how to use it effectively and ethically).<\/p>\n

\"An<\/p>\n

Coming right after a global pandemic and a wholesale shift to how the world of work operates, it\u2019s no surprise that HR leaders are the most burnt out in the business, by quite some margin, too.<\/a> As such, there\u2019s a lot of noise around HR turning to tech to lessen their burden \u2014 using AI to write job descriptions or trying to automate administrative tasks.<\/p>\n

Yet, many might be surprised to find out that a managed payroll service can also deliver time-saving and stress-relieving benefits in multiple areas.<\/p>\n

Here, solutions such as Cezanne’s smart managed payroll <\/a>service can reduce the resources needed for laborious admin tasks, help HR operate under constrained budgets, deliver expertise and peace of mind around pay regulations, and backstop a seamless experience of work for employees and payroll heroes<\/a> alike.<\/p>\n

Read on to find out more\u2026<\/strong><\/h5>\n

1. Cutting the time for payroll<\/strong><\/h3>\n

That many in HR are burnt out likely isn\u2019t a revelation to people practitioners. The HR remit has expanded like never before to include business strategic input, the need to transform people operations, as well as continuing with traditional administration tasks.<\/p>\n

These admin tasks can add up. One estimate puts time spent on payroll admin per pay run at five hours, with a 2020 Forrester Consulting study finding that for companies that still do their payroll in-house, it accounts for anywhere between 30% to 75% more effort.<\/p>\n

So, how can a managed payroll service help?<\/a> Well, a modular managed payroll service such as Cezanne HR\u2019s allow data, at set-up and throughout the process, to be shared between other HRIS modules, as well as other HR systems, freeing up time spent on slow, manual data-entry tasks.<\/p>\n

Similarly, simply taking processes out of house \u2014 from processing, electronic returns and error-checking reports as well as having to give HR practitioners responsibilities for communication around payroll and ensuring the payroll legislation and regulations are adhered to \u2014 is a massive time saver.<\/p>\n

However, the only way to truly relieve the payroll admin burden, is to turn to a trusted provider who delivers a complete service. Here, HR needs to look for a provider that does all statutory reports, all HMRC liaison, is certified for security (ideally to ISO27001 certification<\/a>), has a track record of GDPR compliance<\/a> and does automatic data provisioning, meaning that in-house HR teams can rest easy that their service adheres to regulations and is up-to-date with changing payroll legislation.<\/p>\n

\"Read<\/a><\/p>\n

2. Cost: another load off HR\u2019s mind<\/strong><\/h3>\n

Despite more bieng expected of HR, many functions are having their budgets slashed.<\/p>\n

In 2022, Gartner found that only 12% of HR budgets were decreasing; in 2023 that number has risen to 25%. For many practitioners, they\u2019ll be left scratching their heads about how to square this budgetary circle.<\/p>\n

However, a flexible managed payroll<\/a> can help reduce costs. For starters, outsourcing payroll can help save on estimated in-house payroll processing costs of \u00a31.7bn per pay run <\/a>for small businesses. Separately, PwC data shows businesses that outsource payroll save almost 20% in costs, rising to 32% if they outsource multiple processes through one supplier.<\/p>\n

And, the more flexible the better. With Cezanne’s Smart Managed Payroll, the service flexes to exactly what the business needs. Although the payroll is a modular part of the wider HRIS<\/a>, it doesn\u2019t mean you have to agree to other HR services and you only pay for what you use e.g. Cezanne will only bill you for the exact number of employees on your payroll and there\u2019s no extra charge for data or document storage and software updates are rolled out for free.<\/p>\n

With HR liberated from payroll admin, the function can then spend time on tasks that deliver commercial value.<\/a><\/p>\n

3. Expert reassurance<\/strong><\/h3>\n

Last year, research found that over nine in 10 businesses make payroll errors each month \u2014 something which can give HR a massive headache as it can result in everything from a breakdown in trust to employees’ financial wellbeing bit hit.<\/p>\n

Here, the best-managed payroll providers can help as they give businesses access to reactive, problem-solving experts at any part of the payroll process. It means in-house practitioners can do fairly complex things \u2014 such as:<\/strong><\/p>\n