Key Takeaways Introduction Managing payroll in-house is a complex and time-consuming responsibility for most businesses. It requires significant attention to detail, familiarity with evolving tax and labor laws, and a dedication to accuracy that can stretch your HR and finance teams thin. In an increasingly regulated environment, even minor payroll mistakes can result in costly penalties or disgruntled employees, making effective payroll management both critical and challenging. As your business grows, these challenges tend to multiply—the more employees you onboard, the more intricate payroll becomes. For these reasons, many companies, from small startups to large enterprises, consider outsourcing their payroll…
