Payroll processing is most crucial aspect of HR in every organization. Now a day’s many employers are outsourcing payroll or using payroll management software for accuracy and time saving.

Here are few advantages and disadvantages of Payroll outsourcing:

Advantages:

1. Payroll taxes become much easier to file
2. Saves Time
3. Cost saving for small businesses.

Disadvantages:

1. Difficult to immediately access data.
2. Mistakes can take extra time to correct.
3. Cost savings is not always experienced.
4. Payroll firms may go out of business.
5. Threat to confidential data
6. Loss of control
7. Inconsistencies in the Quality of Work