New to Payroll Processing? Seeking Advice on Pricing and Key Invoice Activities

Hi all,

We are basically a consulting firm entering into payroll processing for our clients. We are in the process of preparing a proposal for payroll processing. Our clients are looking for an estimated cost for all the processing fees. Since we are new, we would like to know how we should charge. Is it a fixed percentage of the overall employees or a fixed value per employee? Any guidance in this regard is much appreciated. Also, we would like to know the major activities that should be identified as part of our invoice.

Thanks,
Prasad

Hi Harish,

Thank you for the reply. Is there a specific format that is used to send the rate card for the proposal? We have presented a profile without any specific information. However, our client requested a presentation detailing the rate split in the invoice. If you have any information or a template, could you please share it with us?

Thanks,
Prasad