Some companies choose to handle these computations and the associated reporting internally while other companies prefer to outsource these payroll functions to a third party.

Discussion 11

DescriptionSome companies choose to handle these computations and the associated reporting internally while other companies prefer to outsource these payroll functions to a third party.

Answer the following questions:

Research a payroll processing/outsourcing firm. Report the name of the firm and describe some of the functions this firm can perform for a company. Include a link to the firm’s website.
Based on what you’ve learned in this chapter and using credible Internet sources, what are the pros and cons of outsourcing a company’s payroll function?
Do you believe it is better to outsource a company’s payroll functions or perform those functions internally? Why?