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Reliability breeds trust

Reliability breeds trust

It's a phenomenon of recent times that the financial services sector has mushroomed into the dominant position it is in today

. With so many relatively young service providers competing for your business, how do you select one that you can trust to stay the course and offer a solid weight of knowledge and expertise? It's not something that you want to gamble with, particularly if your company is operating on a tight budget for back office functions, including HR payroll.

There are several ways to check out payroll companies, starting with Alexa, the web information company's records. Alexa provides details including the number of years a site has been online and how popular the site is; the number of sites linking to it - which is a measure of its reputation; web traffic statistics are available as well as reviews. You can check the Financial Services Authority website and carry out a search of registered companies under various categories of service, which will give details of any negative history with the FSA.

You can do some research with businesses that currently employ payroll companies and request references, and you can do some general searches online, using a company name and the word "reputation" as the search term. Of course you might also want to check out the company's own website and look for its statements on data protection, data handling and security. You should get a feel for the company by browsing its pages and delving into the detail. If you are carrying out a full tender, these resources can feed into the comparison chart and help you to make an informed decision.

Moorepay is the UK's leading provider of HR and payroll solutions with a 98% customer retention rate. We are the chosen supplier to three major banking institutions and have been payroll experts for more than 40 years - a track record that confirms quality and reliability.

Reliability breeds trust

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