Service Single

Outsourced Payroll Services for Seamless Human Resource Management

Companies outsource payroll more than any other function, but many never see the results they expect. We know that payroll processing is more than calculating withholdings and cutting checks. We offer a range of online payroll processing services to reduce the complications and time-consuming tasks of our clients.

Our range of payroll services includes:

  • Structuring of employee salaries

  • Payroll data entry and payroll data processing

  • Preparation of bi-weekly payroll and pay slips

  • Remittance of monthly tax deductions to appropriate authorities

  • Preparation of year-end salary certificates

  • Employee expense reimbursements and answering their questions

  • Annual, quarterly, and monthly returns on a state-wide basis

Our Key Strengths

  • Committed to helping clients reduce operating costs and improve productivity.

  • Our team can log transactions directly into accounting systems and work alongside your CFO.

  • Aimed at assisting clients with both accounting and tax preparation needs.

Challenges While Processing Payroll

  • Time-consuming: Processing payroll is a time-consuming, tiresome process (whether manual or computerized). Chances of error are high if processed hastily without attention to detail.

  • Compliance: One must be aware of existing laws and legislation updates. Inability to comply with statutory or tax regulations can lead to fines or penalties.

  • Accuracy: Maintaining a high volume of information raises the risk of inaccuracy.

  • Fraudulence: Payroll fraud (e.g., ghost employees, falsified wages/commissions, fake insurance claims) impacts costs and organizational reputation.

  • Dedicated Team: Most organizations lack a dedicated payroll team, forcing the general finance department to handle it and reducing overall efficiency.

  • Cost Implications: Requires significant investment in specialized payroll software and human resources.

Payroll Process (Step-by-Step)

  1. Setting Up a System: Setting up a system according to your chosen schedule and creating a calendar with relevant dates.

  2. Sharing of Data: Essential data and timesheets are shared via email or cloud storage (e.g., Dropbox, Google Drive).

  3. Processing of Data: Calculating gross pay, deductions, net pay, superannuation, etc., based on provided information.

  4. Payment: Processing employee payments through a batch file sent to the bank for upload.

  5. Review, Follow Up, and Revisions: Continuously reviewing activities, asking for feedback, and making necessary revisions.