According to an American CFO study, payroll and retirement benefits are the second most outsourced function in organisations.
The study showed that 43.9% of Companies outsource their entire payroll.
Outsourcing non-core business functions to focus on core business activities has become a global trend.
Increased awareness of the pivotal role of correctly utilising expertise within an organisation towards long term profitability.
Increased legislative pressure on organisations in South Africa moves companies to outsource non-core business activities.
Effectively growing an organisation without having manpower constraints can easily be achieved by outsourcing certain business activities.