In-House Payroll Savings Calculator

Your payroll, your rules. In-house payroll processing gives you greater control, saves money, and gives you time back in your day. See what you can save with our In-House Payroll Savings Calculator.

Save money, get time back

Save money on lost interest and cashflow. When you go in-house with Avanti, you can run your payroll anytime, giving you a few more days to complete your payroll remittance each pay cycle.

See what you can save

Calculator numbers are based on industry averages. Enter your own values for personalized results.

Days you get back to ensure an even more accurate pay

96

Your Lost Interest Amount:
$1,972
Your Lost Interest Amount:
$6,575
Extra Hours Incurred:
7.5
Extra Charges Incurred:
$3,575
Accumulated Late Fees:
$2,500
Timing & Cash Flow
Calculate the number of extra days you get to do payroll and keep your money.

Number of days in advance of payday you submit payroll to your provider

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Number of days in advance of payday you submit payroll funds to your provider

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Number of pay periods in your calendar year

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Interest & Float
Calculate the interest your company could make holding your cash longer and how much outsourced providers earn holding your money.

Your average net payroll per pay period

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Interest rate you make on your money

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Your payroll provider’s interest rate earned on your funds

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Extra Charges
Calculate how much in extra charges you’re paying to your outsourced provider.

Percentage of pay runs with at least one correction

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Percentage of off-cycle pay runs, terminations & ROEs

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Off-cycle base charge per pay run

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Per-employee off-cycle charge per run

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Hours spent per off-cycle run (phone call, email, paperwork)

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Average number of off-cycle re-runs

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Custom report setup fee

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Custom report run charge

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Custom report runs/year

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Average late submissions per year

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Fee for late submissions

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Explore the Benefits of In-House Payroll

If you’re thinking about taking your Canadian payroll in-house, this is the guide for you. See how making the move gives you greater control, saves you money, and gives you more time back in your day.

Frequently Asked Questions

Your time is precious, let’s save you a few clicks. Here are some of our most asked questions.

What is in-house payroll?
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Essentially, in-house payroll is when an internal payroll team processes payroll for the entire organization. This means your organization’s payroll team would handle all steps of the process – from preparing and double-checking remittances to submitting them. In-house payroll processing provides control, peace of mind, and the flexibility teams need to make timely changes and better decisions.

Is in-house payroll better than outsourced payroll?
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The right payroll processing method for your organization depends entirely on your workforce needs, resources, and budget. What makes sense for one company might not make sense for another.

What are the benefits of in-house payroll?
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In-house payroll software gives your organization complete control over your entire payroll process. From last-minute cheques to running trial payrolls for accuracy. Outsourcing isn’t as flexible. If you need to make last-minute changes, it’s usually too late for the payroll run. From reporting to changing earning codes and more – an in-house self-service model puts you firmly in control.

What are the downsides to outsourcing?
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One downside to outsourcing is that everything must be done on your vendor’s watch. Some providers require you to have your payroll ready 4-5 days in advance, followed by your payment two days in advance. This means you have less time to get your work done every cycle, which is convenient and profitable for your provider, but may not be the best option for you.

What are the benefits of outsourcing?
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One of the biggest benefits of outsourcing is supposed to be the time you save letting someone else handle your payroll, along with saving on labour costs. But you may not save as much on time and labour as you think.

Larger enterprises (4000+ employees) are typically able to turn around mass payroll files to their outsourcer for processing. But if you’re a smaller or mid-size business (200-3000 employees), you likely still need software to enter some of your payroll data manually. And it doesn’t matter how an outsourcer processes a file, you or someone on your staff will still need to provide additional payroll data (timesheet data, PTO, salary information, etc). If you already have to collect and send that information, it doesn’t really take much more time or labour to handle your entire payroll process in-house.