Outsourcing Payroll Services

Payroll Services

Payroll is an important part of a business as staff are assets and if their salaries are not paid on time

and correctly it can cause numerous problems in the business.

 

Reasons to Outsource Payroll

  • Payroll systems hold confidential information that should not be accessed by staff members.  Storing the information offsite improves data security.
  • The statutory requirements in respect of PAYE, UIF and SDL needs to be done correctly to avoid penalties and interest from SARS.
  • IRP 5s need to be produced annually
  • Takes the hassle away from the businesses and allows the them to focus on bringing in revenue rather than dealing with staff issues relating to payroll.
  • Gives the Employer peace of mind that the payroll and deductions are correctly reflected on staff members payslips.
  • Shifts the accountability to the outsourced partner.