Payroll  Outsourcing

A step-by-step breakdown of the Payroll Process.

1. Input:  A designated laision person submits the payroll data in soft format of each pay period.

2. Processing :  Capture, Calculation and processing of the payroll Changes to financial, non-financial as well as leaves information.

3. Internal Review & Queries :  An electronic query list is drafted to confirm changes not specified in the input or to clarify input which is open for interpretation. In-depth review of all variances between current and previous period’s Payroll data. This review process compiles with standard guidelines of Govt.

4. External Review&Payroll Authorization : Respond to query list Approve payroll by means of written confimation of total payroll cost, based on review reports received.

5. Generation of Bank Transfer File: Preparation of bank-specific Electronic fund transfer file for payment of employee’s net salary and also some other reports (i.e. List of Cheque / Cash payments etc.).

6. Net Salary Payment

7. Pay-Slips : Customized pay-slips are printed and delivered to client’s office.

8. Distribute Pay-Slips to Employers

9. Monthly payroll Reports and Backup: A set of monthly reports is generated and forwarded to client. BackupCDis prepared and sent to client.