There are many good reasons to outsource your human resources needs.
In a Society for Human Resources Management (SHRM) survey of hundreds of companies about their outsourcing habits, companies cited six reasons most often:
- To save money
- To focus on strategy
- To improve compliance
- To improve accuracy
- To take advantage of technology
- Lack of in-house experience
With the growing complexity of HR issues, outsourcing makes sense to a lot of small and mid-sized companies.
But what starts as a convenience can quickly grow into something that isn't convenient at all when your HR functions are outsourced a piece at a time. You may have started out with the goal of simplifying your processes, but now you are managing a whole string of vendors and what started out as an efficiency begins to take more and more of your time.
Fortunately, there's a way to streamline outsourced HR support in the form of local resources that offer HR, payroll and related services that can be managed along with your internal resources with Human Capital Management (HCM) software.
How It Starts to Go Wrong
One company might handle your employee benefits packages, while another manages time and attendance and third oversees hiring and onboarding. Before you know it, you've pieced together a sizable HR department, but communicating with it requires keeping up with three different firms – and how well do they work together vs. pointing fingers when something goes wrong.
Easy HR Solutions for Happier Employees
Coordinating with multiple vendors can be stressful and time consuming for you and your department heads. But it may also turn off or frustrate incoming employees.
A clunky system for onboarding new employees can make your company seem like a clunky enterprise.
So how do you outsource in a way that can make all of your HR processes seamless?
Outsourcing without Multi-Sourcing
Do you really need multiple vendors to take care your HR needs? At SBS Payroll, our clients enjoy an HR outsourcing plan that puts everything they need in one place, from time-tracking, to benefits and more. Our legacy is payroll services, but we are much more than that.
We provide an entire suite of HR outsourcing through our iSolved HCM software.
iSolved is comprehensive, cloud-based, HCM software that can be used to manage all your workforce management processes, including:
Through our three sister companies: Cachet Financial Services, Payroll Tax Management and Time Rack, our clients also have access to ACH direct deposit payroll processing, payroll tax services and specialized time and attendance options. The result is an integrated suite of services that covers all of your company’s HR needs. It's all here.
And it's here in a cost-effective, easy to use package that will save you time, money and aggravation. This is why we say, "Doing payroll right means more than just doing payroll."
Contact us today to schedule an audit of your current services and find out how much time and money you can save by consolidating with SBS Payroll.