Payroll Management

Payroll outsourcing is the act of having a third-party payroll service vendor maintain an organization’s payroll system, including calculating hours, maintaining time-worked records, managing payroll, calculating taxes, maintaining tax documents, and ensuring regulatory compliance.It involves many aspects including, withholding taxes from each paycheck and making sure accurate funds are paid to the correct government agency.

Benefits to the organization:

• Save time by reducing the amount of paperwork done internally in relation to payroll
• Save costs involved regarding staff hours spent processing payroll
• Streamlined processes & faster turnaround time
• Support through entire employee life-cycle, from date of joining to exit
• Consolidated, error-free documents & reports
• Lower risk related to compliance and penalties
• Better resource deployment
• Speedy resolution of employee issues