Businesses may decide to outsource their payroll functions to an outsourcing service company. These can normally reduce the costs and time involved in having payroll trained employees in-house as well as the costs of systems and software needed to process a payroll. In many countries, business payrolls are complicated in that taxes must be filed consistently and accurately to applicable regulatory agencies.
Restaurant payrolls which typically include service point calculations, deductions and other variables, can be difficult to manage especially for new or small business owners.
In Malaysia, payroll companies will deal with all government statutory inquiries, produce reports for the businesses’ account department and payslips for the employees and also make the payments to the employees if required.
Another reason many businesses outsource is because of the ever increasing complexity of payroll legislation. Annual changes in income tax calculations as well as statutory payments and deductions having to go through the payroll often mean there is a lot to keep abreast of in order to maintain compliance with the current legislation and paying employees promptly.
Why Outsource Payroll Software to HRSC?
- Significantly Saving you Cost – can go up to 50% at times.
- Cost effectiveness can be achieved
- Productivity is improved, as service quality provided is excellent and this frees the company from non-income generating tasks
- Latest technology and software for payroll processing are used
- Our team has a highly specialized and expansive knowledge base in payroll & statutory requirements of Malaysia
- We are committed to providing a fast, efficient and cost-effective service
- Your company information will be treated with utmost confidentiality
- Avoid the hassle of staff turnover. You donâ€™t have to re-hire and re-train someone new to handle your payroll
- Direct Deposit. You can offer your employees a convenience-direct deposit. No more bothersome trips to the bank and this saves time too
- We provide all the statutory and compliances related updates, notifications to all our clients timely and keep a check that all the reminders/ alerts/ documents submission are in the knowledge of clients
- Better security and confidentiality. Prevents leak out of payroll information
- Giving you peace of mind!
What We Provide in Payroll System
- Monthly Pay slips (in computer form or e-payslip)
- Payroll Detail report
- Payroll Summary report
- Bank Crediting report & Bank autopay file
- Overtime report
- Employee Headcount & Turn Over Analysis
- EPF, Socso, PCB, Zakat, Tabung Haji, Levy Submission, report & official receipt
- Payroll Reconciliation report
- Other Custom reports…
- YearlyÂ Year-to-Date Payroll Detail & Summary
- Year-to-Date Employee and Employer Statutory Contributions
- Employee EA Forms
- Employer Form E
- Employee Statistics
- Company Statistics
- Other Custom reports…