The Payroll outsourcing can be an extremely effective way to achieve strategic operational gains and cost savings whereby you add value to your core business. It will help you free up time, reduce your payroll software, labour and overhead costs, while minimizing the compliance and legislative risks.
There is no need to hire a dedicated payroll team, Africa HR Solutions team of experts understands the complexities of African payroll. We have developed the tools and skills to deliver high quality payroll services all around Africa.
Do you need a Payroll solution for your business in Africa?
Our extensive range of payroll services include:
- Registration of the Client’s legal entity to local Authorities
- Registration of the Client’s staff to the local Authorities
- New starters data capturing
- Payroll processing calendar (for submission, approval, funding)
- Preparation of monthly payroll report
- Monthly tax & social contributions
- Monthly tax filing and payments
- Monthly salary payments
- Monthly payslips
- Off cycle payroll run
- Year-end filing
- Handling of staff expenses/ disbursements/ reimbursements
- Handling of medical insurance
- Preparation of payment to third parties (pension funds, insurance)
- Calculation of the compensation to be paid to employees in case of resignation and of the statutory termination indemnity in case of dismissal
- Preparation of monthly accruals for statutory bonuses (Christmas, Easter and vacation) and any other annual bonuses that may be provided to the employees
- Customized reports on request
Accurate and timely payroll is critical to retention of valuable employees. Even mid-sized and larger employers are discovering that there are enormous advantages to using outside services for various aspects of payroll processing and accounting that allow them to focus valuable resources on growing the business instead of constantly upgrading software to stay in compliance with ever-changing regulatory requirements.