Payroll superheroes are the key to a well-oiled business machine!
Manchester-based accountancy firm, FFT, is kicking off National Payroll Week with a celebration of payroll superheroes up and down the country – keeping businesses going with the power of planning and efficiency!
The firm, which provides a full range of accountancy, business advisory, tax and payroll services, recognises the potential of an efficient payroll team in supporting all other aspects of business operations and growth.
Not only is the right payroll team crucial for ensuring all team members are paid correctly and on time, it is also the superpowered key to budgeting for investment and growth.
With staffing costs on the rise, a payroll team with its finger on the button is able to show business owners where they stand in terms of regular outgoings – supporting, says the firm, a long-term plan for the allocation of profit.
Additionally, an efficient payroll team stands in defence against legal challenges and financial penalties when new legislation is introduced, such as the 2024 changes to the way in which holiday pay is calculated for part-year and irregular hours workers.
Adam Caplan, Partner at FFT said: “Payroll is one of those critical business functions that no company could succeed without, and yet it often gets sidelined within businesses.
“Our most successful clients know and value what their payroll team does for them, however.
“They provide their superheroes with the time, resources and professional development that allows them to excel.
“That said, it’s not always feasible to bring payroll in-house – but getting it right is still essential. This is where our own superheroes come to the rescue!
“Whether it’s outsourced or done in-house, payroll is the key to happy staff, ongoing budget planning and smooth internal operations which drive all other efficiencies, including satisfied clients.
“This National Payroll Week, we’re joining in the payroll revolution and recognising the skills that make a good business great.”
