Payroll Outsource Malaysia

rsm

Timely and accurate payroll deliveries have a significant impact on employees’ morale and performance level. As this critical process may not give your company a competitive advantage, it is the ideal activity to be outsourced as resources needed for a full-fledged payroll function may not justify its benefits.

Benefits of payroll outsourcing:

Cost savings

Instead of incurring cost for your own payroll department, outsourcing allows cost sharing of a routine but vital function with many other businesses. Apart from basic salaries, overtime, bonus and other less apparent staff related expenses, other expenses saved would include recruiting, training, medical benefits, staff amenities etc.

Removal of unforeseen contingency that could disrupt payroll operations

Payroll is one of the most vital processes in any organization and yet it is carried out by a few selected staff; should there be any anticipated (e.g. maternity leave) or unanticipated (e.g. personal accident, family bereavement) incident that befalls on the few staff, there could be disruption to the payroll processes. Outsourcing your payroll function would remove the impact of such contingencies.

Better usage of your time

Instead of spending time managing a support function, your staff would be able to focus on value-added activities to contribute to your revenue.

Security

Our payroll professionals represent an external point of your payroll process that facilitates segregation of duty hence strengthening your internal control.

Able to comply with latest development in payroll IT solutions without direct investment in new or upgrades in hardware and software

Outsourcing frees your financial resources to be allocated to other areas while you remain competitive and relevant as payroll technology advances

No headache in keeping track and making relevant process changes to cope with legislation changes

Our payroll professionals will keep you updated with the latest relevant legislation changes and ensure full compliance hence removing the risks and penalties of non-compliance

For more information about Payroll Outsource Malaysia, please visit https://www.rsmmalaysia-outsourcing.com/

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