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Your company currently has an in-house payroll processing department with two full time employees that are employed to facilitate the end to end payroll processing

Your company currently has an in-house payroll processing department with two full time employees that are employed to facilitate the end to end payroll processing and related compliance activities. With a focus on processing efficiency and cost reduction, management is interested in outsourcing payroll to an external provider. Your manager has met with the team to discuss the issues highlighted in the above scenario and shared with you the meeting minutes that took place in your offices. You were commissioned to write a professional business report to investigate the issues raised, their impact on the business and suggest recommendations focussing on both efficiency and cost. Based on the Meeting Minutes and the scenario: - Discuss the issues raised in the scenario and meeting minutes within your group - Come up with an approach to investigate these in your company - Conduct a research on possible solutions - Suggest recommendations to your manager Additional information: - 85 employees in your company - 2 current accounting staff in the department ($ 50,000 yearly salary per

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