Payroll OutsourcingCompetitive advantages of any company are fully depended on its competent personnel. However, payroll process is not a strategic task for any business, whether it is small or big. Driven by a need to streamline costs, improve service quality, and reap the benefits of new technologies without major capital investments, many corporations are outsourcing noncore as well as strategic business processes to specialized outsourcing partners.
The world experience has proved that outsourcing of payroll gives a wide range of additional advantages to the companies, such as:
- Saving manpower and financial resources spent for all difficult and routine calculations;
- No need to monitor labour and tax legislation;
- Your HR specialists will be able to focus their efforts on strategic business tasks such as development and introduction of motivation systems for the personnel, working out special training programs for talented employees and their career growth;
- Full control, transparency and guaranteed confidentiality of all payroll processes in your company.
ACA Bureau offers:
- complex maintenance of personnel documentation;
- payroll calculations for all employees and contractors;
- calculation of statutory sick leave payments, statutory vacation payments, compensation for unused leave time on dismiss/resignation, severance pay and other compensatory payments provided by law.
- calculation of all taxes and contributions to State Social Funds;
- preparation of bank transfer orders for the remittance of the employee net pay as well as payroll related taxes and social contributions;
- preparation of all reports to authorities;
- preparation of any other reports specifically required by your company;
- dealing with authorities and personnel requests;
- working out of Labour Contracts
Payroll outsourcing may be provided in the most convenient format for your company.
