Payroll
Payroll is one of the most important but tedious human resource function in any company. Employers cannot afford to have any margin of error when preparing payslips and payment to their employees and the CPF Board. Many times, employers also may not be sure of certain Employment laws, or the rates for CPF calculation, causing a delay in payment date. Companies also may not have a proper record keeping workflow (losing of payslips, unable to track payment, unable to verify reimbursement claims). This results in more time spent to trace back and verify any records.
As a business, your main focus should be spending time on how to offer your services and products efficiently, getting more sales, processing orders and delivering services, rather than spending time calculating salary, verifying reimbursements and paying CPF, Skill Levy etc.
Our payroll service offers to:
- Maintain monthly payroll processing and records
- Produce payslips based on employees’ contract and management approvals
- Customize schedule to ensure punctual salary pay-out and CPF payment
- To use our preferred payroll system catered to your business:
- Employers
- Management and Approval of Leaves
- Vetting and Approval of Reimbursement Claims
- Overall Calendar to monitor employee status
- Employees
- Overview and Application of Leaves
- Submission of reimbursement claims
- Time attendance tracking of working hours, overtime hours
- Retrieval of Payslips
- Employers
How this can benefit the company?
Costs Matched to Scope
Outsourcing can reduce the need for internal payroll administration. We assess your headcount, workflow and service requirements before confirming fees.
Time Saving
Employees will be able to input all their reimbursement claims and apply for leaves without having to go through an admin, saving a lot of time and work.
Reviewed Payroll and Approvals
We review payroll calculations and supporting information before sending the results for company approval. Accurate inputs and employer review remain essential; no process guarantees zero errors.
An Agreed Payroll Schedule
We agree processing and submission dates around your payroll cycle and statutory deadlines. The employer supplies timely records, approves the payroll and remains responsible for authorised payments.
Proper records of payment
We will ensure that all record of payment is well documented, in order to make sure all employees get paid.
Increase Productivity
By Outsourcing your Payroll to us, you will have free time/ more manpower to be allocated to other aspects of the business; increasing sales, fine-tuning workflow, or serving more customer.