More and more companies are realizing that outsourcing is the best solution for cost-effective and modern finance and payroll management, freeing up time for core business activities.
Thousands of companies have outsourced their work to Azets, and we reduce their costs in finance and payroll functions by 25-40%. Often, their investment has paid off within 3-12 months.
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The need for in-house staff decreases when you enlist Azets' help, which not only reduces payroll costs but also costs for recruitment, skill development, and office spaces. A full-time employee spends about 60% of their working hours on their core tasks. When you outsource the work, you only pay for the service that needs to be performed.
Lower IT costs
Azets provides the systems needed to deliver finance and payroll services if you don’t want us to work within your systems. This reduces system costs, as well as costs for operations and maintenance, while ensuring access to modern and appropriate solutions.
More efficient processes
Having helped thousands of customers, we have built best practices on how the work is best conducted. The processes are standardized, the degree of digitalization is high, and we automate tasks. As a customer, you “plug into” our model and benefit from its cost-effectiveness.
Fewer errors
By working with Azets, you gain access to a wide range of expert competencies and professional, often certified, accounting and payroll consultants. They work according to a quality system and methodology with control points, which together reduce the risk of costly mistakes.
The right fit
With Azets, you can quickly “turn the tap on and off” during changes, avoiding periods of low productivity when you might be stuck with an oversized solution. Similarly, you can quickly scale up during expansions without expensive short-term solutions or production losses. The workforce is completely flexible.
More value-adding work
Some costs are not immediately visible in the income statement. Many CFOs and HR managers feel they rarely have the time to step back and work proactively. By partnering with Azets, you free up time while also receiving support, analysis, and tools for value-adding work that ultimately increases profitability.
How Azets succeeds in being a more cost-effective alternative
Azets is more cost-effective than Swedish companies' finance and payroll departments for several reasons.
Economies of scale
Because we help many customers – from small businesses to large corporations – we build economies of scale. Compared to individual companies, we can make larger investments in areas such as robotics, AI, and development projects.
Digitalization & new technology
Manual work drives inefficiency and costs, as seen in our examples below. That’s why we offer a high degree of digitalization through both in-house system development and close partnerships with various system providers.
Best practice and automation
Through our work with thousands of customers, we’ve learned how to best run a finance and payroll function. We’ve developed best practices where the processes are much more efficient and the degree of automation is higher than in a traditional finance and payroll function.
Nearshoring
Many parts of a payroll or accounting process are recurring but still difficult to automate. Azets has a nearshoring operation in Romania where we assign such tasks. This reduces costs for our customers. Otherwise, customers are not affected, as control and communication are handled in Sweden, where the points of contact are also located.
Ready to take the next step with Azets?
We help thousands of companies save costs in finance and payroll. Your company can benefit from the same advantages through a partnership with Azets. Fill out the form below, and we’ll take the next step together.
