Payroll is a company’s list of all her employees gross yearly remuneration. It includes salary, allowances, deductions, and net payable to the employees. Complicated Computations that are performed manually and can be automated using the payroll management system.
Some of the reasons why an organisation should consider outsourcing her payroll management include not limited to:
- Save time and money.
- Helps in increasing the productivity and efficiency of employees and company.
- Reduces in-house payroll costs.
- Improved Tax Savings.
- Eliminate Payroll Processing Errors.
- Enhanced security to data.
- Avoid FIRS Penalties.