Outsourced Payroll

Outsource Payroll Services for Small and Medium Businesses

 

Outsource Payroll Compliance 

Outsourcing your payroll can save time, reduce errors, and ensure compliance with the latest regulations. At Lucent Advisory, we provide comprehensive payroll services tailored to the needs of small businesses. Let us handle the complexities of payroll management so you can focus on growing your business.

 

Why Choose Lucent Advisory for Payroll Outsourcing?

 

Managing payroll in-house can be time-consuming and prone to errors. With Lucent Advisory, you get expert payroll management that ensures accuracy, compliance, and efficiency. Here’s why you should choose us:

Expertise: Our team of payroll specialists is well-versed in the latest payroll laws and regulations.

Accuracy: We use advanced payroll systems to ensure every calculation is accurate and timely.

Compliance: Stay compliant with ever-changing tax laws and regulations without the hassle.

Cost-Effective: Outsource your payroll at a fraction of the cost of maintaining an in-house payroll department.

Our commitment is to simplifying your payroll

At Lucent Advisory, we are dedicated to simplifying your payroll process. Here’s how we can help:

Cloud-Based Payroll Implementation: We’ll help you transition to a modern, cloud-based payroll system for maximum efficiency. Enjoy the convenience and flexibility of managing payroll online.

Salary and Benefits Management: Rest easy knowing that your employees’ salaries and benefits are processed accurately and on time.

Superannuation Management: Stay Super Stream compliant with our expert management of superannuation contributions.

Employee Entitlements: We handle the intricate details of employee entitlements, so you don’t have to.

Award and EBA Interpretations: Navigate complex awards and enterprise bargaining agreements effortlessly with our expert interpretations.

Terminations and Redundancies: Leave the calculations and processing of terminations and redundancies to us.

Monthly Reporting: Access detailed reports that help you make informed business decisions.

Accounting System Integration: Achieve a 360-degree view of your financial data by integrating with your accounting system.

HR Support and Advice: In addition to payroll, we offer integrated HR support to ensure compliance and smooth employee management.

Benefits of Payroll Outsourcing

Outsourcing payroll offers numerous benefits that can significantly improve your business operations:

  1. Cost-Effective Solutions: Outsourcing your payroll can reduce overhead costs. There’s no need to hire and train in-house staff or invest in expensive payroll software.
  2. Compliance and Accuracy: Ensure your payroll is always accurate and compliant with the latest regulations. Our experts handle all aspects of payroll, from tax filings to regulatory compliance.
  3. Time-Saving: Save valuable time that can be better spent on core business activities. Our efficient processes ensure timely payroll processing and reporting.
  4. Security: Protect sensitive employee data with our secure payroll systems. We use the latest security measures to safeguard your information.

Our Payroll Services

At Lucent Advisory, we offer a range of payroll services to meet the needs of small businesses:

  1. Small Business Payroll Services: Our payroll services are designed specifically for small businesses. We handle everything from salary calculations to tax deductions, ensuring your employees are paid accurately and on time.
  2. Online Payroll Services: Manage your payroll online with our easy-to-use platform. Access your payroll data anytime, anywhere, and make updates in real-time.
  3. Payroll Systems for Small Companies: We provide robust payroll systems tailored to the unique needs of small companies. Our systems streamline the payroll process, reducing the risk of errors and ensuring compliance.
  4. Integrated Solutions with Employment Hero: We integrate our payroll services with Employment Hero to offer a seamless and comprehensive HR and payroll solution. Employment Hero enhances our offerings with its advanced HR management features, ensuring that your payroll and HR needs are met efficiently and effectively.
As the leading payroll outsourcing provider
 

We stand out for our unique blend of payroll and bookkeeping expertise. We understand that payroll requires input from both Accounting and HR professionals, and that’s exactly what we bring to the table. Our solution is designed to prevent costly mistakes while keeping your payroll compliant with Australian legislation.

Working with us isn’t just a convenience; it’s a game-changer. It frees up valuable staff hours and gives your management team real-time visibility into this critical aspect of your operation.

Why do you need to plan your HR Resourcing

Need help with your payroll?

Outsourcing Payroll FAQs

Outsourcing payroll offers several key benefits. It saves time and reduces administrative burden, allowing you to focus on core business activities. It also reduces the risk of errors and ensures compliance with tax laws and regulations. Additionally, payroll outsourcing can be more cost-effective than maintaining an in-house payroll department and often includes access to advanced payroll technologies and expertise.

Payroll outsourcing helps small businesses by providing professional payroll management without the need to hire specialized staff. This leads to more accurate payroll processing, timely compliance with tax laws, and reduced administrative overhead. Small businesses can benefit from expert handling of payroll complexities, such as tax filings, benefit deductions, and regulatory updates, ensuring smooth and efficient payroll operations.

Yes, payroll outsourcing can be cost-effective, especially for small businesses. It eliminates the need for in-house payroll staff and expensive payroll software. Outsourced payroll services typically charge a monthly fee, which can be more economical compared to the costs of hiring, training, and maintaining an in-house payroll team. Additionally, outsourcing reduces the risk of costly payroll errors and penalties for non-compliance.

Payroll outsourcing ensures compliance by leveraging the expertise of payroll professionals who stay up-to-date with the latest tax laws and regulations. These experts handle all aspects of payroll compliance, including accurate tax calculations, timely filings, and adherence to state and federal regulations. Outsourcing providers often use advanced payroll software to minimize errors and ensure precise record-keeping.

Yes, many payroll outsourcing providers offer integration with existing HR and accounting systems. This integration allows for seamless data transfer between systems, reducing manual data entry and ensuring consistency across your business operations. Lucent Advisory, for example, integrates with Employment Hero to provide a unified HR and payroll solution, enhancing efficiency and accuracy.

Switching to outsourced payroll is a straightforward process. It typically involves the following steps:

  1. Initial Consultation: Discuss your payroll needs with the provider
  2. Data Collection: Provide necessary business and employee information, including tax IDs and payroll history
  3. Setup: The provider configures the payroll system and migrates your data
  4. Testing: Conduct trial runs to ensure accuracy
  5. Go Live: Start processing payroll with the new system, with ongoing support from the provider to address any issues

Outsourced payroll services can cost anywhere from $20 to $200 per employee per month, depending on factors like the complexity of your payroll, the number of employees, and the level of service you need. Basic services might start at around $20 per employee per month, while more comprehensive options can go up to $200. It’s essential to research different providers to find one that fits your budget and meets your needs.

Partner with Lucent

Productivity and efficiency are key to your business success. Leveraging our extensive experience with Australia’s leading companies, we’ve uncovered effective strategies for using HR services to boost company performance and increase revenue.

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Why choose Lucent

Comprehensive Outsourced Business Solutions

We offer a unique blend of Financial and Payroll/HR solutions to streamline your operations and improve profitability

Proactive and Forward-Thinking


We believe in transparency with our clients, by providing the right tools and information to make the right decisions in business

Transparent & Flexible Service Model


We offer clear, fixed, and fair pricing models with no hidden costs. Offering scalable services that adjust as your business grows

Innovative Approach


Utilizing cutting-edge technology and methodologies to provide efficient and effective solutions

Ready for a Smarter Business?

Contact us now by filling in the form or call 08 8471 7007 

Email: admin@lucentadvisory.com.au

 

Find us at

Level 2 422 King William St,
Adelaide 5000 South Australia

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