If you have a business with employees working for you, payroll is something that you simply cannot ignore. Not only do you have to introduce new employees into your system, but you also have to make sure that your payslips are accurately calculated and that your payments are on time every week or month, as required. This is why payroll processing is often outsourced; not only will you save time and money but you can be rest assured that your payroll will be in the hands of a professional accounting team.
There are many benefits to outsourcing your payroll processing requirements. Firstly, it reduces stress and allows someone else to manage your payroll requirements. Working with salaries and wages can be stressful, which is why a professional team is best when it comes to managing payroll on behalf of a company. Calculations can also quickly become tricky, so it is a good idea to outsource this part of your business. Another benefit is that you will reduce your overheads. You will not have to pay accounting staff, nor do you have to buy equipment or any expensive program licenses either. You will save time and also eliminate the need for additional office space.
In addition to this, when you outsource your payroll processing needs, you will not have to deal with SARS directly, making it even easier to handle your business taxes. Dealing with SARS can be time consuming and very frustrating, which is why so many business owners rely on a team of accountants. These teams have already established working relationships with SARS, making the entire payroll process so much easier.
Payroll Support from OfficeOnCall
Your business is unique, and so is your payroll processing needs. Working with OfficeOnCall allows you to outsource your payroll needs to a reliable team that has experience in payroll, taxes and other accounting responsibilities. We can also deal with the administration side of things, like appointment letters, work contracts and making sure that you comply with all the various labour laws. If necessary, we can also assist you with setting new protocols and even handle your disciplinary actions professionally.
With a professional team handling your payroll processing requirements, you can be rest assured that your entire system will run more efficiently while reducing your overheads. You will also be compliant in terms of taxes and your responsibilities to SARS, taking all the speculation out of handling your income taxes. In addition to this, we can also help you handle your secretarial functions effectively, including day-to-day bookkeeping support, reports and statements, bank reconciliations and more. We can follow up on late payers, thereby reducing your outstanding debtors and improving your business’ cash flow.
OfficeOnCall specialises in professional payroll processing for companies of all sizes and we look forward to working with you. Contact us today to find out how we can help reduce the workload on your team and handle all your bookkeeping and payroll requirements effectively and professionally.