Business Advice

Why Outsourcing Payroll Could Be the Right Move

Posted on Jul 15, 2025

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As your business expands, handling every aspect of financial management in-house can become overwhelming and no business activity has become more complicated in the past decade than paying employees.

That’s why First Hawaiian Bank has partnered with ADP1 and Dayforce2 (formerly known as Ceridian Employer Services) to offer payroll solutions to help you prepare taxes, handle direct deposits, and more. Payroll services are available to all size-businesses, from single-employee companies to the largest of corporations.

Why Outsource Payroll 

Here’s why outsourcing may be the smarter choice:

  • Manual payroll involves tracking hours, calculating deductions, preparing pay slips, and submitting taxes every pay cycle. Outsourced payroll software automates these processes, freeing up hours each week. This lets you focus on more valuable work like customer service, operations, or growth plan.
  • Manual data entry is error-prone, especially with tax rates, leave balances, and overtime. A small mistake in underpaying staff or missing a filing deadline can lead to fines, back-pay claims, or damage to employee trust. Payroll software applies rules consistently, reducing the risk of these mistakes.
  • Payroll rules change often, whether it’s thresholds, tax table updates, or government reporting formats. Good payroll software stays updated with the latest legal requirements and ensures timely, accurate reporting to regulators.
  • Employees expect clear pay slips, accurate leave balances, and on-time payment. Payroll systems offer secure employee portals and mobile apps where staff can view pay slips, submit leave requests, and update personal details. This builds trust and reduces back-and-forth with HR.
  • Outsourcing allows you to pay only for the services you need, helping to control costs.
  • Service providers implement stringent security protocols and fraud prevention measures, protecting your sensitive financial data and maintaining complete confidentiality.
  • Manually processing payroll for a few employees is hard enough, doing it for many quickly becomes unsustainable. Outsourced payroll systems are built to grow with your team, allowing you to add new staff, integrate with rostering or HR systems, and handle more complexity without extra admin.
    When you outsource payroll functions, you can eliminate administrative headaches, reduce risk, and make sure your business operates smoothly without unnecessary distractions. 

Interested in learning more? Our FHB bankers can help determine a solution to meet your business needs. Contact your FHB banker or visit a branch to learn more. 


1 ADP services are not available in Guam or Saipan.
2 Dayforce is only available for businesses with over 100 employees.
ADP is a registered trademark of ADP, Inc.
Dayforce is a registered trademark of Dayforce, Inc.
 

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