For many small businesses, the cost of a payroll agreement is less expensive than paying slips into their own home. In addition to cost savings, outsourcing your payslip can reduce errors and ensure that paychecks are processed and issued on time. Wage processing companies can afford to employ tax specialists and maintain dedicated resources that might be too expensive for a small contractor; They do not need to follow frequent changes in tax rules and procedures. Many wage settlement services pay penalties for mistakes they make. However, your company remains legally responsible for all wages and taxes due. PaySpace is a scalable, agile, transnational, 100% cloud-based human capital management application that provides services related to wages and human resources. PaySpace allows businesses of all sizes to run a best-in-class personnel management service at a lower cost.