Payroll Outsourcing Defined |
Why Outsource your Payroll with Africa HR | Solutions?
Africa HR Solutions
Payroll Outsourcing Defined
The process whereby businesses hire an external firm to handle all payroll functions to save time and money, reducing the need for in-house trained payroll staff, purchasing and maintaining of appropriate software packages, and staying compliant with updated PAYE legislation.
Why Outsource your Payroll with Africa HR Solutions?
With so many rules, by-laws, provident fund percentages for different age groups, employee benefit programs, employees joining & leaving and taxes to consider, it is becoming extremely challenging to process the exact salary and reimbursements of each employee. You must also be able to answer your employee’s queries about their payroll confidently and clearly.
Even if you can do all this by yourself, how can you be sure that everything has been taken care of? How will you verify the accuracy of your calculations? Do you have a safe and secure mechanism to do a proper audit of your payroll processing?
Outsourcing the monthly payroll processing often saves you a full headcount. This resource can then help you in sales, customer services, or you can simply enjoy cost savings. In fact, cost saving is a by-product of payroll outsourcing. Most companies outsource their payroll because of the hassle it proves to be, not realizing that by outsourcing, they are actually going to save costs in the long term.
Payroll outsourcing can save you from all the challenges of changing rules, doing individual payroll calculations and having to answer your employees’ everyday questions about their payroll. You get comprehensive reports, direct access to payroll experts, and save time and money in the process.
It also results in having a greater peace of mind, more time to focus on the business, and the confidentiality of your payroll will in turn, be guaranteed.
Additionally, you can also benefit from employer of record services to test new markets while significantly reducing risks and barriers of entry.
Africa HR Solutions
Offers you a hassle free, one stop shop service for outsourcing your Payroll and HR Administration in over 40 countries in Africa.