Outsourcing - Business Case
Ask Yourself
- How much time does it take to pay your employees?
- How much does it cost?
- Do you dread that time of year when the person responsible for you payroll takes a holiday, is off sick - or leaves?
Outsourcing payroll is becoming more and more the preferred business solution for processing this non-core activity and complex legislation makes payroll an ever-expanding minefield.
Outsource your payroll to lucent and you will: -
- Free up your time to focus on the development of your business
- Replace your need for specialist
- No longer worry about confusing and complex legislation
- Minimise your IT investment or involvement
- Receive professional support for all payroll related matters
- Have greater control over your payroll costs
If would like to know more about outsourcing your payroll or the service lucent can provide for your business please contact us , or go to FAQ, where you can find details of the payroll service we can provide together with samples of payroll forms and reports.
Key Features
- Weekly, 2-weekly, 4-weekly and monthly payroll available
- Unlimited payments and deductions
- We can deal with pension contributions
- We supply standard reports with payslips and custom reports* as requested
- We can submit BACs payments
- P45, P14/ P60, P35 listings etc provided
- Payments covered - SSP, SMP
- Deductions include tax, NI, CSA, court payments, tax credits, student loans
- Information backed up daily
- We print on security payslips.
*Custom reports may incur an additional fee.
Key Benefits
- Saves you money
- Cheaper than having your accountant run the payroll
- Cheaper than writing cheques
- Cheaper than employing a payroll clerk
- Save storage space on historic info
- No software to keep updated
- Ensures you meet statutory requirements.
Why use our Payroll Bureau?
- Rapid deployment - unlike other bureaux we can get you up and running in days
- Very competitive pricing
- We validate the payroll and it is checked by you, the client, before we complete processing
- Our set-up fee covers a parallel run with your existing payroll provider - try before you buy
- The payroll is tailor made to match your business specifications
- You will receive a personal and professional service from an IPPM qualified agent.
HOW DOES IT WORK?
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You send all static information (employee information - including all figures needed for P14 completion, contact details etc) and we set up your payroll
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You send us your variable information (pay details, static adjustments etc) by email or fax before each pay-run
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We validate the payroll and send a report directly to you for approval
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Once you approve the payroll, we complete the processing
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We dispatch payslips by 1st class mail or Royal Mail special delivery (to be delivered by 12.00pm the following day)
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If you have a BACS user number we will submit the BACs payment in time to credit employees bank accounts on pay-day
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If you wish to pay your employees by any other method we will send you a net pay report.
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WHAT DOES IT COST?
Guide Price List
| Description |
Cost Basis |
12 month Term |
24 month Term |
36 month Term |
| Set-up Fee |
Per payroll (once only) |
£295.00 |
£295.00 |
£295.00 |
| Parallel Run |
Per employee (once only) |
£1.00 |
£1.00 |
£1.00 |
| Standard Payrun |
Per payslip |
£3.00 |
£2.50 |
£2.00 |
| Supplemental Payrun |
Per payslip |
£10.00 |
£10.00 |
£10.00 |
| P14/P60 |
Per P14/P60 |
£3.00 |
£2.50 |
£2.00 |
| Postage & Packaging |
Per unit |
Std postal rates |
Std postal rates |
Std postal rates |
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- There is a minimum monthly charge on all payrolls of £50.00.
- Supplemental Payrun charges only apply where you request payslip(s) be processed outside the normal Payroll Frequency, as indicated at the commencement of the service.
- The charges shown above are a guide, and we are always happy to provide a personalised quote based on your company size or contract term. Call us now if you'd like to discuss the charging or obtain a personalised quote (Tel: 020 8663 4586).
HOW DO I GET STARTED?
For further information on setting up your payroll please telephone 020 8663 4586 or complete the form below and we will call you back.
CASE STUDIES
These are just some of the satisfied companies who rely on our Payroll Bureau every month.
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