Advantages & limitations of outsourcing payroll
If you’re looking at outsourcing your payroll, you must first consider the perks & setbacks of doing so. This will help you make an informed decision that’s most suited for your business.Pros | Cons |
Efficient & accurate | Prone to errors |
Focus on organisational goals | Time-consuming & tedious |
Simplified verification | Repetitive verification |
Single repository for tax declarations | Manual efforts |
Employee self-service portals | Expensive |
Reduces paperwork | |
Adhere with compliance |

When should small businesses consider a payroll management solution?
Small businesses usually outsource their payroll when their employee count reaches 15 & above. Some consider payroll management solutions instead so as to avail swift & easy salary processing. But the real question here is — should small businesses consider a payroll solution right from day one? Well, the answer is yes! 🙋♀️ Businesses should hunt for a complete payroll solution that caters to their needs right from the start. This will enable them to set up a hassle-free payroll process from the beginning — without actually needing to outsource it.Why should small businesses manage their payroll themselves?
Salary processing can be quite a battle for small businesses like yours that juggle multiple tasks. Your time is the most valuable resource & running a small business certainly requires a lot of time & effort. In order to grow your business rapidly, you’d need to focus on expanding & scaling your business. And for this, business processes like payroll must be made simple, both for you & your team. If your team is managing payroll the traditional way, they must be doing it in 3 stages:- Pre payroll activities
- Actual payroll process
- Post payroll process
How to choose a suitable payroll solution for your business?
While choosing a payroll solution, you must ensure to choose one where your entire payroll can be automated. Not one where someone still has to oversee the steps before the disbursal. You must consider your finances & do the math based on the number of employees you intend to hire. All of this while making sure compliance is maintained. Here are some useful features that you should watch out for:- Automated processing – Auto-calculations & timely automated payroll processing
- Time & leave management – Easy configuration of work hours & leave cycles
- Compliance – Never miss compliance deadlines for TDS, PF, PT, ESI, etc
- Real-time reports & insights – Seamless year-end payroll audit
- Customer support – Reliable & prompt support
- Employee experience – Declare investments, download payslips, apply for leaves & reimbursements, etc
Level up your payroll management with Open Payroll
Open Payroll is India’s most desired payroll solution for small businesses. The wide range of features available will give you an edge in acing your salary processing — like never before. Here are some of the reasons why this payroll solution is loved by HR & Finance teams alike:- Easy attendance management
- Smart leave & holiday management
- One-click payslip generation
- Direct salary & TDS payments
- Generate important reports
- Employee self-service portal
- Manage the life-cycle of employees