Why Payroll Outsourcing?

Non-core activity: Payroll is a non-core activity that consumes major productive time and resources of most companies.

It’s a complicated process that involves significant amount of time and effort to keep this critical function under control.

Payroll paradox: Payroll is a non-strategic activity but at the same time this is the only tangible connection between companies and employees for integrating their efforts for the successful realization of company’s goal.

Costly affair: Inclusive evaluation of in-house payroll cost proved it to be a very costly affair which varies according to multiple factors such as national legislation, industry sector, company size and organization.

BDO provides a highly customizable payroll solution that optimizes the payroll activity of complex payroll structures. We work closely with large to mid-size companies to streamline and standardize their various business processes related to payroll activity.

We provide seamless integration from monthly data input to e-banking payment and finance posting files.

Services:

• System customization and payroll set-up
• WPS compliance payroll
• Payroll calculation and processing
• Payroll payment
• Employee self-service portal integrated with payroll solution
• Employee benefit administration integrated with payroll solution
• Leave management system integrated with payroll solution
• Social security administration

Deliverables:

• Password protected e-payslips
• Payroll working report
• Headcount and payroll variance report
• E-banking file integrated with banking platform
• Finance and GL posting files integrated with finance solution
• Cost center wise payroll report
• Customized payroll report
• Leave management report