Facebook Twitter Instagram
    Wednesday, June 7
    Facebook LinkedIn
    Login
    eBizRadio.com Online RadioeBizRadio.com Online Radio
    • Home
    • Listen Live!
    • Podcast
    • Categories
      • Biz Entrepreneur
      • Biz Insight
      • Biz Opinion
      • Biz Research
      • Biz Trends
      • Biz Wires
      • Marketing Biz
      • Motoring Biz
      • Productivity Biz
      • Retail Biz
      • Techno Biz
      • Travel Biz
      • Tales from my Stethoscope
    • Advertise/Contact
    Trending
    • What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast
    • Acer Expands Support for SpatialLabs Developers | #Technology | #Insight
    • Dentsu appoints Group Operations Director for SSA | #Business | #Advertising | #Branding | Lana Marais
    • Dealing with loss | #Business | #Entrepreneur | #LunchtimeCoaching | Kevin Britz | Leoni Coetzee
    • Investing in behavioural change never looked this good | #Business | #Entrepreneur | Word of Mouth | Lindi Tshabangu | Dr. Sonia Kilik | Upward Intentions | #Podcast
    • Empowering Disadvantaged Communities: The Positive Psychosocial Impact of Social Workers | #Socialworkers | #Insight | Elsie Lekana | The Love Trust
    • Stay ahead of the game: How AI can help SMB retailers compete | #BusinessFunding | #Insights | #AI | Steven Heilbron | Capital Connect
    • Market it like Taylor Swift | #Insights | #Marketing | Lunchtime Marketing | Kevin Britz | Craig Page-lee | #Podcast
    eBizRadio.com Online RadioeBizRadio.com Online Radio
    Home»Biz Insight»The benefits of payroll outsourcing | #eBizInsights | Edmund Pohl of Payspace
    Biz Insight

    The benefits of payroll outsourcing | #eBizInsights | Edmund Pohl of Payspace

    eBizRadioBy eBizRadioDecember 7, 2020Updated:December 7, 2020No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    http://www.ebizradio.com/podcast-player/22362/the-benefits-of-payroll-outsourcing-ebizinsights-edmund-pohl-of-payspace.mp3

    Play in new window | Duration: 22:14

    The benefits of the cloud have been well documented. Cloud solutions are accessible anywhere, are more flexible, offer agile service, there is no hardware to maintain, no manual backups to keep on top of, no more paper-based processes, and most importantly, no large capital outlays.

    Edmund Pohl, Head of Outsourcing at PaySpace, a leader in payroll and HR software, shares his top financial reasons to move your payroll to the outsourced cloud now, if you haven’t already.

    “One of the most compelling reasons for me is that companies who choose to outsource do not need to pay license fees, and they need only pay for what they use; no more, no less. However, with PaySpace Outsourcing, we take this a step further. It is important to note that we own our software. We are the owners, purveyors and designers, so there is no additional software cost when using our services, because the software is already ours. This is a huge differentiator that really sets us apart from our competitors.”

    Further to this point, Pohl says PaySpace Outsourcing also has full command and control of its software, and therefore a far larger degree of influence when it comes to any possible adaptations in the software or additions to it. “We have direct say in this, as well as direct access to the people who make these decisions, which enables us to give input on important decisions aimed at benefiting our customers at the end of the day.”

    According to Pohl, using an outsourced solution improves payroll accuracy and there is also money to be saved here. “If you don’t make any mistakes it lowers the chances of paying for things that you might not strictly have to. This leads to a secondary round of savings as there are after-costs involved when it comes to making extra payments, or for any fees that the customer might not be able to recuperate.”

    Also, he says when your payroll is compliant, you do not end up paying too much tax, UIF or SDL. “This applies to tax efficiency too. Using an outsourced solution ensures that you don’t tax anything at the wrong rate, or pay more than you should be paying. This is particularly applicable in the wake of the Covid-19 pandemic, with various initiatives aimed at helping beleaguered businesses during this trying time such as ETI and TERS. Using an excellent payroll outsourcing solution eliminates the potential for errors as PaySpace Outsourcing handles the entire process for its clients and helps all of them navigate this highly complex regime.”

    “There are highly specialised areas within payroll. For example, we have come across a company that specialises in Workmen’s Compensation Assessments. They look at what a company has been reporting, its risk category and suchlike, and once done, ensures that assessments are done correctly resulting in direct cost savings,” he explains.

    One of PaySpace Outsourcing’s greatest strengths, he says, is that the company’s experts know who to bring its customers into contact with. “We have been in the industry for a long time. When it comes to certain highly specialised areas, we have, over the years, developed a list of highly accredited specialists in order to offer our customers the benefit of referring them to pockets of excellence. This is another way they can achieve a cost saving. Some of these specialists don’t bill customers a flat fee; the only charge they level against them is 10% of any savings they can quantify through their service.”

    Finally, Pohl says cost is a relative concern for him. “It should not necessarily only be equated to rands and cents. There is a lot to be said for gaining efficiency and avoiding issues, which, while it is hard to measure quantitatively, can become very apparent when there’s a remarkable reduction of effort or suddenly having significantly fewer challenges to deal with. If you are using a service that guides these things with foresight, a lot of hassle can be avoided. There’s a lot of intrinsic value in this, as there is value in simplicity, in forward planning and in anticipation.”

    https://www.payspace.com/

    Post Views: 2,369
    Africa business ebizxradio edmund pohl payroll payspace south arica streaming
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    eBizRadio
    • Website

    eBizRadio is a live multi- platformed social media service providing an online forum to the business community for holding conversations on the key issues related to specific businesses as well as availing a space for cross-business collaboration in response to key issues affecting the world of business. The place to go if you want to know about business and lifestyle

    Related Posts

    What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast

    June 6, 2023

    Acer Expands Support for SpatialLabs Developers | #Technology | #Insight

    June 5, 2023

    Dentsu appoints Group Operations Director for SSA | #Business | #Advertising | #Branding | Lana Marais

    June 5, 2023

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    STREAMING 24/7

    The Stream is up 24/7 with a few exceptions for maintenance. We focus on business news and inisghts for the African Marketplace

    If you miss anything on the live STREAM, don’t worry as all our interviews are all available for download as PODCASTS and you can SHARE them with your network – it’s FREE!

    Contact us: 063 002 5148

    Our Most Recent Podcasts
    eBizRadio.com Online Radio
    eBizRadio.com Online Radio
    What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast
    00:00 / 38.02
    RSS Feed
    Share
    Link
    Embed
    • What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast

      What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast

      Jun 6, 2023 • 38.02

      As organisations  continue to face challenges:  a competitive talent landscape, an exhausted workforce, and pressure to control costs amid a looming economic downturn. How employers respond could determine whether they are an employer of choice. Join Kevin Britz & Craig Page-Lee, host of the Lunchtime Marketing show as they explore…

    • Dealing with loss | #Business | #Entrepreneur | #LunchtimeCoaching | Kevin Britz | Leoni Coetzee

      Dealing with loss | #Business | #Entrepreneur | #LunchtimeCoaching | Kevin Britz | Leoni Coetzee

      Jun 5, 2023 • 28.17

      What is the impact of going through loss and how it impacts not only our personal lives, but our work environment as well. Kevin Britz is joined by Leoni Coetzee, Raintree Coaching,  Post Views: 2,369

    • Investing in behavioural change never looked this good | #Business | #Entrepreneur | Word of Mouth | Lindi Tshabangu | Dr. Sonia Kilik | Upward Intentions | #Podcast

      Investing in behavioural change never looked this good | #Business | #Entrepreneur | Word of Mouth | Lindi Tshabangu | Dr. Sonia Kilik | Upward Intentions | #Podcast

      Jun 5, 2023 • 22:00

      Nothing is ever static, we constantly face challenges, business growth, loss, loadshedding, to mention just a few we face on a daily basis. How we deal with all of this is constantly changing. What are your intentions and how are you dealing with this all? Lindi Tshabangu, host of Word…

    • Market it like Taylor Swift | #Insights | #Marketing | Lunchtime Marketing | Kevin Britz | Craig Page-lee | #Podcast

      Market it like Taylor Swift | #Insights | #Marketing | Lunchtime Marketing | Kevin Britz | Craig Page-lee | #Podcast

      May 25, 2023 • 39.24

      What could we learn from Taylor Swift? She has solidified her position as one of the most influential artists in music history.  She also showcases remarkable business acumen, offering invaluable lessons to the eCommerce industry from her entrepreneurial journey. Kevin Britz and Craig Page-Lee, hosts of Lunchtime Marketing, delve into…

    • The Plant Powered Show | #LiveEvent | #Health | #Wellness | #Entrepreneurs | Bjorn Salsone | Heidi Warricker | CT & JHB

      The Plant Powered Show | #LiveEvent | #Health | #Wellness | #Entrepreneurs | Bjorn Salsone | Heidi Warricker | CT & JHB

      May 25, 2023 • 18,20

      Seeking too live and enjoy a healthier, more conscious and sustainable lifestyle with a smaller environmental footprint, The Plant Powered Show features top chefs and mixologists hosting live cooking demos and masterclasses, health and wellness experts, a marketplace filled with plant-based food, drink and lifestyle products to test, sample and…

    • No Child Should Be Left Behind | #Insights | #ECD | #Education | Afrika Tikkun Bambanani | Tessa Forman | Kelebogile Mogapi | Lindi Tshabangu

      No Child Should Be Left Behind | #Insights | #ECD | #Education | Afrika Tikkun Bambanani | Tessa Forman | Kelebogile Mogapi | Lindi Tshabangu

      May 23, 2023 • 16.50

      Why does Early Education Matter? The first 5 years of a child’s life have so much to do with how the next 80 turn out. The most vital and informative years of a child’s development is between birth and 6 years old. Lindi Tshabangu, host of Word of Mouth on…

    • Putin coming to SA | #News | The Week that Was | Kuhle Tshabala | #Podcast

      Putin coming to SA | #News | The Week that Was | Kuhle Tshabala | #Podcast

      May 19, 2023 • 15.21

      Putin is set to visit South Africa! Will he or wont he be arrested? Zandile Khumalo sobs during her testimony in court. Lets take a listen to the news making headlines this week with Kuhle Tshabala. Top stories: # Former acting Johannesburg mayor Kenny Kunene spent his days focusing on…

    • WE WILL ROCK YOU | #Theatre | #Music | Breakfast Brunch | Bjorn Salsone | #Podcast

      WE WILL ROCK YOU | #Theatre | #Music | Breakfast Brunch | Bjorn Salsone | #Podcast

      May 12, 2023 • 25:10

      After unavoidable postponements owing to COVID-19 regulations, the brand-new production and major world tour of Queen and Ben Elton’s multi award-winning rock musical We Will Rock You featuring an all-South African cast, crew and band began in Manila, The Philippines in October 2022.  After touring Asia this hit musical opened in South…

    • Exploring the possibilities of blockchain for marketers | #Insight | #Blockchain | #Marketing | Alex Pryor | Dentsu Wisdom

      Exploring the possibilities of blockchain for marketers | #Insight | #Blockchain | #Marketing | Alex Pryor | Dentsu Wisdom

      May 8, 2023 • 26:52

      One of the largest challenges for banks, financial institutions and FinTech companies is the need to stay relevant. To do so, we need to bring back the trust, give customers access to financial vehicles they never had access to before utilising this blockchain technology and look at what we can…

    • Book your next travel expedition in Tanzania | #Travel | #Entrepreneur | Lindi Tshabangu | Godlisten Moshi | GM Expeditions

      Book your next travel expedition in Tanzania | #Travel | #Entrepreneur | Lindi Tshabangu | Godlisten Moshi | GM Expeditions

      May 1, 2023 • 12.28

      The travel industry is booming and if you have ever thought of going to Tanzania or Zanzibar then let entrepreneur Godlisten Moshini be your host. Lindi Tshabangu connected with co-founder of GM Expeditions, Godlisten Moshini to find out more about his entrepreneurial journey and why travel and tourism and how…

    • Predicting tomorrow TODAY with Zeitgeist - dentsu data | #Insight | #Technology | dentsu wisdom | Megan Sayle | Sechaba Molefe

      Predicting tomorrow TODAY with Zeitgeist - dentsu data | #Insight | #Technology | dentsu wisdom | Megan Sayle | Sechaba Molefe

      Apr 13, 2023 • 18:11

      Ask yourself this….as a marketer, brand specialist, content creator are you able to track in realtime how your campaign and concepts are landing and sitting with your consumers? Impossible I hear you say, but you would be mistaken. Now with Zeitgeist by dentsu data you can. Zeitgeist is a proprietary…

    • Luscious Lip Lessons | #Entrepreneur | #Business | #WordOfMouth | Lindi Tshabangu | Luyanda Ketelo | Luyanda Kosmetics

      Luscious Lip Lessons | #Entrepreneur | #Business | #WordOfMouth | Lindi Tshabangu | Luyanda Ketelo | Luyanda Kosmetics

      Apr 12, 2023 • 21:36

      Fiery, fierce, female and only 21, Luyanda Ketelo is driven and ambitious and setting ‘lips a gloss’ across South Africa. Lindi Tshabangu, host of our Entrepreneur Show – Word of Mouth, caught up with founder of Luyanda Kosmetics, Luyanda Ketelo to find out what keeps this entrepreneurs flame ablaze. To…

    Most Recent Podcasts
    eBizRadio.com Online Radio
    eBizRadio.com Online Radio
    What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast
    00:00 / 38.02
    RSS Feed
    Share
    Link
    Embed
    • What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast

      What does the future of WORK look like? | #Marketing | #Insights | Kevin Britz | Craig Page-Lee | #Podcast

      Jun 6, 2023 • 38.02

      As organisations  continue to face challenges:  a competitive talent landscape, an exhausted workforce, and pressure to control costs amid a looming economic downturn. How employers respond could determine whether they are an employer of choice. Join Kevin Britz & Craig Page-Lee, host of the Lunchtime Marketing show as they explore…

    • Dealing with loss | #Business | #Entrepreneur | #LunchtimeCoaching | Kevin Britz | Leoni Coetzee

      Dealing with loss | #Business | #Entrepreneur | #LunchtimeCoaching | Kevin Britz | Leoni Coetzee

      Jun 5, 2023 • 28.17

      What is the impact of going through loss and how it impacts not only our personal lives, but our work environment as well. Kevin Britz is joined by Leoni Coetzee, Raintree Coaching,  Post Views: 2,369

    • Investing in behavioural change never looked this good | #Business | #Entrepreneur | Word of Mouth | Lindi Tshabangu | Dr. Sonia Kilik | Upward Intentions | #Podcast

      Investing in behavioural change never looked this good | #Business | #Entrepreneur | Word of Mouth | Lindi Tshabangu | Dr. Sonia Kilik | Upward Intentions | #Podcast

      Jun 5, 2023 • 22:00

      Nothing is ever static, we constantly face challenges, business growth, loss, loadshedding, to mention just a few we face on a daily basis. How we deal with all of this is constantly changing. What are your intentions and how are you dealing with this all? Lindi Tshabangu, host of Word…

    • Market it like Taylor Swift | #Insights | #Marketing | Lunchtime Marketing | Kevin Britz | Craig Page-lee | #Podcast

      Market it like Taylor Swift | #Insights | #Marketing | Lunchtime Marketing | Kevin Britz | Craig Page-lee | #Podcast

      May 25, 2023 • 39.24

      What could we learn from Taylor Swift? She has solidified her position as one of the most influential artists in music history.  She also showcases remarkable business acumen, offering invaluable lessons to the eCommerce industry from her entrepreneurial journey. Kevin Britz and Craig Page-Lee, hosts of Lunchtime Marketing, delve into…

    • The Plant Powered Show | #LiveEvent | #Health | #Wellness | #Entrepreneurs | Bjorn Salsone | Heidi Warricker | CT & JHB

      The Plant Powered Show | #LiveEvent | #Health | #Wellness | #Entrepreneurs | Bjorn Salsone | Heidi Warricker | CT & JHB

      May 25, 2023 • 18,20

      Seeking too live and enjoy a healthier, more conscious and sustainable lifestyle with a smaller environmental footprint, The Plant Powered Show features top chefs and mixologists hosting live cooking demos and masterclasses, health and wellness experts, a marketplace filled with plant-based food, drink and lifestyle products to test, sample and…

    • No Child Should Be Left Behind | #Insights | #ECD | #Education | Afrika Tikkun Bambanani | Tessa Forman | Kelebogile Mogapi | Lindi Tshabangu

      No Child Should Be Left Behind | #Insights | #ECD | #Education | Afrika Tikkun Bambanani | Tessa Forman | Kelebogile Mogapi | Lindi Tshabangu

      May 23, 2023 • 16.50

      Why does Early Education Matter? The first 5 years of a child’s life have so much to do with how the next 80 turn out. The most vital and informative years of a child’s development is between birth and 6 years old. Lindi Tshabangu, host of Word of Mouth on…

    • Putin coming to SA | #News | The Week that Was | Kuhle Tshabala | #Podcast

      Putin coming to SA | #News | The Week that Was | Kuhle Tshabala | #Podcast

      May 19, 2023 • 15.21

      Putin is set to visit South Africa! Will he or wont he be arrested? Zandile Khumalo sobs during her testimony in court. Lets take a listen to the news making headlines this week with Kuhle Tshabala. Top stories: # Former acting Johannesburg mayor Kenny Kunene spent his days focusing on…

    • WE WILL ROCK YOU | #Theatre | #Music | Breakfast Brunch | Bjorn Salsone | #Podcast

      WE WILL ROCK YOU | #Theatre | #Music | Breakfast Brunch | Bjorn Salsone | #Podcast

      May 12, 2023 • 25:10

      After unavoidable postponements owing to COVID-19 regulations, the brand-new production and major world tour of Queen and Ben Elton’s multi award-winning rock musical We Will Rock You featuring an all-South African cast, crew and band began in Manila, The Philippines in October 2022.  After touring Asia this hit musical opened in South…

    • Exploring the possibilities of blockchain for marketers | #Insight | #Blockchain | #Marketing | Alex Pryor | Dentsu Wisdom

      Exploring the possibilities of blockchain for marketers | #Insight | #Blockchain | #Marketing | Alex Pryor | Dentsu Wisdom

      May 8, 2023 • 26:52

      One of the largest challenges for banks, financial institutions and FinTech companies is the need to stay relevant. To do so, we need to bring back the trust, give customers access to financial vehicles they never had access to before utilising this blockchain technology and look at what we can…

    • Book your next travel expedition in Tanzania | #Travel | #Entrepreneur | Lindi Tshabangu | Godlisten Moshi | GM Expeditions

      Book your next travel expedition in Tanzania | #Travel | #Entrepreneur | Lindi Tshabangu | Godlisten Moshi | GM Expeditions

      May 1, 2023 • 12.28

      The travel industry is booming and if you have ever thought of going to Tanzania or Zanzibar then let entrepreneur Godlisten Moshini be your host. Lindi Tshabangu connected with co-founder of GM Expeditions, Godlisten Moshini to find out more about his entrepreneurial journey and why travel and tourism and how…

    Facebook Twitter Instagram Pinterest
    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Please enter the correct answer: *


    Lost password?

    Register Now!

    Already registered? Login.

    Please enter the correct answer: *


    A password will be e-mailed to you.