Payroll Outsourcing Service
Payroll & Automation
Payroll automation is integrated into the company’s Enterprise Resource Planning (ERP) system that provides an overall view of the company’s or community’s finances; in addition to payroll, it can manage customer relationships, procedure, personnel resources, invoicing & accounting.
Payroll management consists of several stages and procedures that require expertise in financial administration, such as employment contract management. Payroll management performs the following tasks:
- Calculating and paying wages, settlement of tax withholdings
- Delivery of wage calculations and certificates to the employees
- Compiling statistics for different authorities, and for the purposes of improving activities
- Drawing up employment contracts
- Providing regulatory reports to the tax agencies and insurance companies
- Calculating annual holidays
- Managing deductions for employee benefits
The travel costs and travel invoices from the employees are usually processed together with payroll.