Risk and cost has increased dramatically around the payroll function for businesses of all sizes in recent years. Small to medium-sized businesses, which typically have managed the payroll process as an internal function, are the most exposed.
Drivers of cost and risk include, to mention a few, increasing complexity of payroll management and the associated need for skilled staff and specialised systems; penalties for late or incorrect payroll payments and the need to continuously keep up with changing legislation.
When outsourcing your payroll function to Axia Employee Management Solutions, you can manage and grow your business without having to worry about your payroll and all the related legislative burdens and requirements that go along with running a payroll correctly. Payroll management is a time-consuming activity, and with this burden removed, your staff can focus their attention on more productive tasks.
Outsourcing your payroll to Axia gives you the knowledge of your costs in advance. There is no need to invest in specialised software or the updating of this software, purchasing of payroll stationery, payment of annual licence fees or employing a staff member devoted to payroll management in your organisation. Added to this, Axia provides you with the necessary reporting and access to information you need to best manage and direct your business.
Payroll mistakes can not only be painful, but can also be costly. A payroll service provider is always up to date with new legislative requirements and reduces the risk involved with keeping your business in line with SARS. You can take comfort in knowing that Axia is the professional and is handling your payroll needs, meeting deadlines and providing relevant reports and interacting directly with your accounting system for all your general ledger needs.
Dereck Gibbs, director of Pro Solutions, said: “Sensitive payroll information is of paramount importance to a business and outsourcing your payroll function will ensure that all information is treated confidentially. You can eliminate the worry of staff members gaining access to figures that should not be viewed.”
Standard pricing, generally billed as per payslip per month, includes many basic functions such as the payroll input, maintenance of the system, calculations around maternity pay, sick pay, loans and much more. Axia takes care of all monthly and annual processes, including payslip processing and delivery, reporting, EMP201 returns, monthly electronic UIF declarations and bi-annual IRP5 reconciliations, to but name a few.
Gibbs further stated: “Successful businesses recognise that certain non-core business processes are best outsourced to service providers who have the ability to deliver greater levels of service at a lower cost than keeping the function in-house. In addition, the peace of mind that results from knowing that a function as important as the payroll is being managed professionally is immeasurable!”
Axia Employee Management Solutions is proudly brought to you by Pro Solutions. Pro Solutions is a software development company specialising in payroll and HR systems. Its offering has evolved over the last 20+ years into a comprehensive, browser-based system. The system allows users and administrators to access the payroll and HR information from anywhere, at any time, with high levels of availability and security. With its strong integration capabilities, it has also created a number of features that take away the administration overhead as well as reduce transaction costs around the payroll and HR processing function in the business.
Axia Payroll Services ensures your employees are paid on time, every time...
For further information, please contact Chantal Zaayman on 0861 776 765.
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