The Benefits Of Payroll Outsourcing

Having your payroll outsourced can take a huge weight off your shoulders. Businesses who outsource their payroll find it not only cost effective, but time effective too.A suitable Payroll company can offer customized solutions so you can concentrate on other areas of your business.
 
The company should be fully compliant with legislation requirements and are up to date with knowledge of the latest statutory changes
You will not need a payroll department in your business.
There is no need for payroll software or expensive annual licence fees.
The payroll company can process weekly, bi-weekly and monthly salaries and wages.
They will handle preparation of IRP5 and IT3 certificates
They will prepare and distribute customized payslips (electronic or hard copy)
They can reconcile PAYE, UIF payments and generate EMP501 for submission.