The Advantages of Payroll Outsourcing | Administration
Just simply processing the employees’ pay checks can be a time consuming and tedious task. If you have a limited workforce to focus on strategic areas of work, Payroll Outsourcing | Administration will be your solution to drive efficiency, reduce costs and improve security. The advantages are :
- Concentrate on your core business,
- Statutory payroll obligations fulfilled promptly,
- Access to detailed payroll report
- Review all overtime and expense claims comprehensively
- Ease of integration to IRAS Tax requirements
Payroll is subtly a critical commitment of a company. The onus is upon the company’s management to administer it effectively. Staying compliant to statutory obligation may pose a challenge to many companies whose core business is not in the area of finance. But the failure of non-compliance can be expensive. By using us as an outsourced payroll service provider reduces the risk involved you know that your payroll will be processed on time. Our Payroll Service Administration Service include :
- Computation of monthly salary and commission based on number of employee’s working days
- Maintenance of payroll file for each employee
- Provision of pay advice
- Processing of increment & bonus upon receipt of information
- Provision of payroll reports for monthly & annual review
- CPF e-submission & IR8A
Our experienced team will ensure that, not only do we fulfil your company’s payroll requirements but also all other payroll-related statutory obligations. We also ensure that your data are handled in full confidentiality, privacy and security.
You can now focus on your company expansion and growth while we handle the payroll and its related services.