Question: In chapter 11, we learned that the computing and reporting of payroll arevery complex processes. Some companies choose to handle these computations and the associatedreporting
In chapter 11, we learned that the computing and reporting of payroll arevery complex processes. Some companies choose to handle these computations and the associatedreporting internally while other companies prefer to outsource these payroll functionsto a third party.
Answer the following questions:
- Research a payroll processing/outsourcing firm.Report the name ofthe firmand 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?
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