5 Questions To Ask Before You Choose A Payroll Firm In Germany


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After you are done with Company formation in Germany, you are filled with a level of confidence that you will easily take care of the rest, be it HR, payroll, recruitment and so on. But many companies awaken to the fact that you cannot do everything all by yourself especially the Payroll in Germany. It is a costly affair, very time-consuming and highly prone to human error.

Making sure that your payroll is as efficient and stress free as possible, you need a professional and more focused team so that you can utilize your time on more strategic tasks. Taking care of payroll efficiently is very important as your employee’s motivation and thus his productivity depends highly on it.

The technology has to be in place to make life easy for all payroll related tasks. But this technology in the right hands can do wonders. Going for an expert firm for your payroll tasks would be a great idea and here are the 5 questions you need to ask before choosing one for your company:
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1. What Is The Payroll Process You Follow?

Not only new companies, but also established companies need to analyze this before deciding to go for a payroll company. If you already have a payroll system in place, you might not want to reinvent the wheel altogether but a certain level of improvements and a streamlined process could be a welcome move in itself.

2. What Sort Of Service Will I Get?

Payroll mishaps can happen and if you have a firm onboard, it is very important that they are with you 24*7. Ask the potential providers if they have any helpline number or a customer support group to cater to your needs. Ask for an average turnaround time in which they would solve the problem for you. These answers would help you understand the company better. You can validate the answers by going to online review portals and see what other companies have written about their customer support.
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3. Can It Expand With My Business?


Nobody wants to have a stagnant company with no growth whatsoever. And when the company grows, so does the number of people and that simply means more payroll work. Sodoes the firm you are looking for has the capability to scale up with your growing business and accommodate all your payroll needs in future?

4. Do You Provide Business Intelligence?

An affirmative answer to this one can be a  big plus and it can help you provide real-time metrics and analytics which can help in deciding company strategy but would also ensure that it is being implemented properly and being driven forward.
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5. How Secure Is Your Data Storage Process?

Payroll data is one of the most crucial data in any company. With your employee’s personal details with you, it is your sole responsibility to make sure this is not passed on to people who should not have it. When looking for a payroll provider, ask in detail and understand, what their data storage process is and see how reliable and safe it is.
Location: Germany

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