At IN-Fusion Management, given the scale and diversity of our operations, in particular with on-hire resources, contractor management and outsourcing activities; a natural extension of our business is the provision of external managed payroll services.

Utilising an industry leading technology platform, we can provide a fully customised package for each of our clients who elect to take up this service.  We can accommodate all manner of requests from pay slip customisations, through to the most obscure arrangements that most other providers would struggle with, less the price tag.

We can provide a simple payroll service and e-mail EFT files, payslips and reports, through to completely outsourced facilities that include the management of all compliance payments, reporting, system integration and even a full accounting or bookkeeping service.

For prospective clients wanting to explore a cost effective way to provide on-hire and contractor management services, we can provide these facilities through our integrated payroll and billing platform, thus negating the need to invest large amounts of capital in infrastructure and software and; engage resources to manage and run these non-core functions.

Why Use External Payroll Services?

Most businesses nowadays are looking to focus on their core business activities, i.e. where they make money and what functions they perform best.  As a result, there are a number of areas that have traditionally been identified as “non value-adding” to business, with payroll and shared services functions high up on these lists.

Our systems and processes are maintained and updated in line with any legislative changes nationwide and meet all of the regulatory requirements imposed on businesses for reporting purposes and payee notifications.

As a result, when evaluating the cost benefits of outsourcing the payroll function, not only do you need to take into account the employee costs of running and administering the function, but also the cost of the software, updates and all other ancillary aspects such as time cards, payslips, record keeping, archiving etc.  It is a substantial cost to most medium sized – large companies, with the average annual cost well in excess of $100,000.

In considering the use of an external provider, you will need to conduct your own cost benefit analysis; however, for the most part, you should be looking to save around half of your current costs as a realistic objective.

Overview of Service Capability

Our payroll services include, but are not limited to the following:

• Employee Record Creation, Maintenance and Documentation i.e. ATO Declarations, Super Fund Nomination, Bank Account Details, Direct Debits etc.
• Monthly PAYG, Terminations, Redundancy, Bonus & Commission Payments. 
• Calculation and Management of Superannuation Payments and Associated Records.  
• Payment to Employees via EFT and Issue of Pay Slips. 
• Accruals of Annual Leave, Sick Leave, Long Service Leave and RDO’s / ADO’s. 
• Management of all Deductions, Expenses and Fringe Benefits, including FBT Annual Returns.
• Inco-link & Co-Invest Account Management & Payments.
• Management Reporting and Finance Journal Preparation.
• End of year PAYG Summaries (Group Certificates) and ATO reporting (Electronic Files) 
• Monthly Payroll Reporting to SRO (State Revenue Office) & Annual Reconciliation
• Salary Packaging Administration
• Management of WorkCover Premium Estimated & Confirmed Wages & Payments

Like to Know More?

For a no obligation discussion in relation to our products and services within this space, please do not hesitate to give us a call.  We have the knowledge and expertise to explore a variety of options and identify which of those will be the best fit and the greatest benefit.