Canadian government requirements mean that small businesses often spend an inordinate amount of time performing payroll functions, time which could be spent generating more business and improving existing services. Outsourcing payroll functions allows more effective use of a small business owner’s time. It also safeguards against mistakes by having a qualified financial professional, using the latest payroll software, prepare comprehensive statements. Additionally, as laws are apt to change, outsourcing means having a dedicated professional monitor payroll regulations and incorporate them into your business saving you the hassle of studying up on an issue that leaches time away from generating income.