How to make payroll one less thing to worry about

Managing payroll can undoubtedly be a headache, especially for small business owners, and without the support of payroll experts, it can be difficult to juggle payroll processes while keeping on top of your other duties.

But it doesn’t have to be this way.

There are solutions to manage the pain of payroll. Giving you time back for other important tasks.

That being said, let’s dive into the details of managed payroll services for small businesses and uncover the secrets behind managing payroll without a hiccup.

The challenge of handling payroll and end of financial year reporting

When you manage a business with only limited time and a small team, payroll is a task that consumes a lot of time and effort. And if you're not familiar with payroll processes, taxes, and CRA requirements, it can quickly become a job that causes you problems.

Add the end of financial year deadlines into the mix and you’ve quickly got an overflowing to-do list.

From payday delays to payroll errors that lead to incorrect employee payments and tax filings, your business could even find itself in hot water with the CRA.

As a solution, more and more small business owners now opt to outsource their payroll reports to a professional team, capable of handling everything from employee pay, tax filings, and distributing tax documents.

5 reasons you should choose a managed payroll service

Outsourcing to a team of payroll experts who have experience in dealing with a range of payroll processes and challenges, means you can relax knowing your payroll is in the safe hands of a qualified team.

A managed payroll team can do all this and more for you:

• Accurately calculate and disburse employee pay

• Distribute paystubs via email or electronic system

• Complete timely tax deductions and filings

• Ensure CRA compliance and complete reporting

• Keep employee payroll data up to date

1 – Reduce the risk of payroll errors

With experts on your side the chances of anything going wrong are greatly reduced. Helping you avoid potential penalties, hefty fines, and complaints raised by employees.

2 – Stay compliant with the CRA

Rather than having to get to grips with the law yourself. Working with trained professionals means they'll already have this covered. They will make sure your payroll reports are compliant, so you stay on the right side of the law.  

3 – A scalable solution for your growing business

As your business grows so will your payroll processes. Managed payroll service providers are experts in dealing with a range of payroll systems for businesses of all sizes. Meaning these services can expand as your business grows.

4 – Expert knowledge and support

As well as having a payroll manager who can complete your payroll processes, you’ll also benefit from the ongoing support of a team with expert knowledge. Helping you with tasks such as managing starters and leavers on your payroll system, ensuring your payroll reflects current minimum wage standards and more.

5 – Get back to the day-to-day running of your business

With support from an external provider, you can gain back some of the time typically lost on manual payroll tasks and get back to the important stuff, like growing your business.

Simplify payroll for the new financial year 2025/26

Say goodbye to sleepless nights and last-minute checks when processing your payroll. With our compliant payroll reports, in-line with regulations, and up-to-date to meet end of financial year deadlines. Book a free demo today to discover how BrightHR can elevate your payroll processes.