Payroll Management Services is a solution designed to meet large groups' need for flexibility and speed when sourcing the external resources required to support their projects.
Payroll Management Services means relying on a third-party provider to act as an intermediary between the client company and the service supplier or subcontractor that holds the required expertise and skills not available in-house.
It delivers practical value to Key Account clients who want to streamline their supplier panel while keeping control over their operations.
The client company therefore delegates compliance management and administrative monitoring of its subcontractors and suppliers to its intermediary. The umbrella company handles the supplier relationship from end to end, removing any need for direct contracts between the company and its subcontractors. It also takes ownership of monitoring their administrative compliance.
What costs does supplier administrative monitoring generate?
Meeting legal requirements is challenging for large groups, which struggle to know their subcontractors due to the chain of contracts that makes up their value chain. As the number of subcontractors and suppliers grows, the relationship with the contracting company becomes increasingly opaque. Verifying each supplier's legal, administrative, tax and other compliance individually takes time and generates substantial in-house costs.
Why hand administrative monitoring over to a third party?
A Payroll Management Services provider relieves the client company from monitoring subcontractors' and suppliers' administrative compliance by checking their status with respect to social charges and tax payments. It also ensures they provide up-to-date legal documents such as the URSSAF compliance certificate, DGFIP tax compliance certificate, professional liability insurance certificate, and so on.
Bringing in a third party makes it possible to industrialize the verification process and ensure that all suppliers stay compliant. The Payroll Management Services provider takes care of vetting every subcontractor in the registry, flagging anomalies, tracking obligations, and never missing a deadline so that the relationship stays secure. The client company can then focus on its core business and on growing its activity.
Payroll Management Services is a way to make relationships between clients and external resources easier, simpler and more secure.
