true-cost-doing-payroll-house

The True Cost of Doing Payroll In-House

The True Cost of Doing Payroll In-House

Many SME owners think doing payroll in-house saves money. “Why outsource when my admin can handle it?” Sounds logical, but when you add everything up, in-house payroll is actually expensive


Pain Points:

Hiring a payroll staff means monthly salary, EPF, SOCSO, medical benefits, and training. Then you need software, updates, and time to keep up with changing tax rules. Not to mention, if mistakes happen, you bear the cost of fines and staff dissatisfaction. To make matter worst, is when staff is on leave or in between replacement


Impact:

What looks like “saving money” often ends up costing more. Plus, there’s an opportunity cost – the time spent on payroll could have been used to grow sales, improve operations, or build customer relationships.


Example:

A startup in Shah Alam had 20 employees. They hired a payroll executive at RM3,000 per month. Add statutory contributions, software, and training, the real cost was over RM4,000 monthly. That’s RM48,000 a year. Outsourcing could have been done for half that price, with zero headaches.


Solution:

Instead of carrying unnecessary payroll overhead, outsource to professionals. You get accurate, timely, compliant payroll at a fraction of the cost of an in-house hire.


How InTune Outsourcing Can Support SME Business Owners

InTune Outsourcing is one of Malaysia’s most advanced and trusted outsourced Accounting, Finance, HR, and Payroll service providers. We have served more than 400 clients and support start-ups, SMEs, and growing companies.

We handle Accounting, Finance, Payroll and HR—including Bookkeeping, Payments, AP/AR, Payroll and more. Our team consists of MIA-registered accountants.

We also provide secure Online Accounting Systems and Online HR Systems, and help with budgeting and financial planning.

Contact us to find out more.