Top 6 Payroll Outsourcing Companies in the UK for Accounting Practices

Managing an accounting practice in the UK is no small feat, with payroll tasks often being the most complex and time-consuming. From starting payment cycles and submitting HMRC reports to ensuring compliance with ever-changing regulations, payroll management demands accuracy and expertise.

To overcome these challenges, many UK-based accounting practices are turning to professional payroll outsourcing companies. By delegating payroll functions to experts, you can free up time to focus on your core services while ensuring accuracy, compliance, and efficiency. But with countless options available, how do you choose the best provider?

We’ve simplified the process by shortlisting some of the top payroll outsourcing companies in the UK. But first, let’s understand the essence of payroll outsourcing.

Under payroll outsourcing, a third-party payroll outsourcing service provider will handle all the payroll functions on behalf of your accounting practice. These functions include calculating employee salaries, withholding employment taxes and deductions, filing business tax returns, managing employee direct deposits, and using payroll software. When a professional payroll outsourcing company handles your payroll responsibilities, you will have time to focus on your core activities.

Benefits of Using the Services of Payroll Outsourcing Companies

The benefits that you will accumulate from using the services of payroll outsourcing companies are as follows:

• Time-Saving: By outsourcing payroll, you can focus your energy on other important responsibilities rather than spending time running payroll for your clients. In addition to saving time, you enjoy improved efficiency and productivity.
• Cost Savings: Compared to in-house payroll, payroll outsourcing is much more cost-effective. Using payroll outsourcing, you can save on hiring, training, and related expenses on payroll software and infrastructure.
• Risk Reduction: Payroll outsourcing companies will handle your riskiest payroll tasks, thus ensuring accuracy and timely payments. This will put you in a position to reduce costly errors, penalties, and fines associated with payroll mistakes.
• Experts at Your Service: Professional payroll outsourcing companies employ a team of payroll experts with experience, training, and knowledge. They are well aware of the UK payroll regulations set by the HMRC and monitor updates closely, thus reducing the chances of non-compliance with new regulations.
• Data Security: These days, payroll outsourcing companies are making an extra effort to keep payroll data secure. For that, they have invested in foolproof security measures to protect your client’s sensitive payroll data. When you entrust the payroll responsibility to a professional payroll service provider, rest assured that your client’s data will be secure from unauthorised access and data breaches.

After thoroughly researching their track record, we have prepared a list of payroll outsourcing companies. These firms offer payroll services that will enhance the productivity of your accounting practice. You can review the list and find a suitable one that meets your payroll requirements.

So, let the ball roll.

Corient UK

Established in 2011, Corient UK is turning out to be a dependable accounting outsourcing service provider, especially when it comes to payroll. UK-based accounting practices are finding Corient dependable when it comes to managing the timely payment of wages. Corient’s outsourced payroll services have also helped countless practices maintain full compliance with HMRC and saved their valuable time. To learn about our achievements in Payroll, visit our case studies section.

Some of the major features of Corient are:

• Handling weekly, fortnightly, four-weekly, monthly, quarterly, or annual payroll schedules.
• Preparation of P11D forms.
• Data entry for all employees, including updates throughout the year.
• Compliance with Real-Time Information (RTI) and submission.
• Processing of Construction Industry Scheme (CIS) related tasks.

Pros of Corient’s payroll outsourcing are:

• No difficulty in scaling their services as per your requirements.
• Complete compliance with HMRC and Pension Regulator, thus minimising risk.
• Professionals well-trained in Xero, Sage, Quickbooks, Odoo, FreeAgent, Kashflow, SAP, and Oracle.
• Payroll Manager software keeps us at the forefront of payroll compliance, accuracy, and efficiency.

Payescape

Not so far is Payescape, one of the fastest-growing service providers that specialises in outsourced Payroll, HR, and Time Management solutions. You can enjoy its services based on cloud-based technology, which has revolutionised the way accounting practices perform their payroll services. Their services have enabled practices to reduce their workload on in-house teams and deliver effective and consistent payroll services.

Some of the major features of Payescape are:

• Cloud-based payroll software
• Managed payroll services
• Integrated HR and payroll

The major pros of Payecape payroll services are:

• Automated tax filing
• Cloud-based software solutions
• Up-to-date with the latest tax regulations
• Fast response times
• Full integration with 3rd party platforms
• Latest encryption technology and ISO 27001 certified

Moorepay

Making payroll simple and easy is the main goal of Moorepay, which provides quality service for countless UK-based accounting practices. No matter what the payroll task is, Moorepay has it covered, thus reducing compliance stress. Its end-to-end payroll services have encouraged multiple accounting practices to choose outsourcing payroll services.

Moorepay offers:

• Easy data entry through cloud-based payroll software
• Creating documents like P45, SSP1, SMP1, OSPP1, and SAP1
• Storing payroll output reports for audit purposes
• Preparing and submitting your client’s FPS and EPS to HMRC

Pros of Moorepay’s payroll services

• 100% accuracy in payslip
• Access to highly qualified and certified payroll experts
• Support from the payroll team over the phone or email without any extra cost
• Tailored advice on payroll legislation for making payroll easy

ADP

ADP’s industry-leading expertise has enabled it to offer payroll outsourcing services for the last 70 years. What makes ADP unique is its eagerness to take on highly time-consuming and complex tasks such as sick pay and legal surveys. Payroll outsourcing companies like ADP will manage your payroll so that your clients can paid their wages accurately and on time.

Under ADP’s payroll outsourcing service comes the following:

• Payroll Processing Services: For giving you control over key payroll processes.
• Payroll Managed Services: Under it, the payroll process and human resource information system are taken care of.
• Payroll Comprehensive Outsourcing Service: Along with managing payroll and HRIS, you will get access to experts.

The pros of ADP payroll services are:

• Get assistance with compliance
• Take advantage of online payroll processing that is automated.
• Get your payroll taxes computed and paid.
• Utilise unified technologies and expertise.
• Allow practices to concentrate on productivity and engagement.

Payplus

Among the payroll outsourcing companies, Payplus will offer you the most stress-free payroll services possible. Depending on your payroll needs, this payroll outsourcing company will provide you payroll services as per your requirements. This payroll outsourcing company will focus on full-compliance with zero errors, thus reducing the risk of penalties. Plus, a dedicated professional will be appointed to analyse your accounting practice in detail and deliver services accordingly.

Benefits that you will get from Payplus are:

• Improvement in payroll efficiency
• More time to focus on other accounting tasks
• 100% payroll compliance
• Zero errors, thus protecting from costly penalties
• Access to experts
• Reduction in risk associated with payroll

CPS

CPS has adapted to the ever-changing payroll regulations, updated its payroll services accordingly, and effectively met stringent compliance requirements. With effective custom-made payroll software, you can save time, cost and considerably reduce the pain associated with payroll.

One of the attractive features of CPS payroll services is its easy integration of its payroll software with accounting practice systems. Usually, it is a complex and time consuming process but by reducing its complexity CPS is grabbing enough eyeballs.

Other benefits associated with CPS payroll services are:

• Cost efficiency
• Payroll accuracy
• Managing risk and compliance
• Making your practice resilient against challenges
• Bringing into picture strategic data
• Access to reports anytime, anywhere
• Smooth transition from the old system to the CPS platform

Conclusion

With so many reliable payroll outsourcing companies, accounting practices in the UK can streamline operations and focus on growth. However, it’s your responsibility to determine which of these suits our payroll requirements. The main objective of this blog is to narrow down some of the payroll outsourcing companies which you will find suitable for your payroll needs.

For accounting practices in the UK who are just finding their foot in the accounting market or expanding their practice, we suggest trying out the rising star among payroll outsourcing companies, Corient UK. We are an accounting outsourcing company based in Coventry, UK, and we offer payroll services all over the UK. Apart from payroll, we also offer bookkeeping, year end, VAT, management and audit services to name a few. Our tech-savvy services have brought remarkable improvements in the function of multiple accounting practices in the UK, and we can perform the same for you. Contact us today through our website contact form to discuss your payroll needs and explore how our expert payroll services can support your practice.

Ensure the success of your accounting practice today by reaching out to Corient UK and learn how we can simplify your payroll process.