Why Should Utilize Payroll Company?

Payroll Company – Using the payroll process for paying salaries to employees does provide many conveniences and advantages. Especially for businesses that are growing, the need for employees is increasing Calculating process employee salaries must be system-based to simplify the workflow.

If the company does not have a standard mechanism, the HR team will find it hard to manage it. In case the company dimensions are only about five people, there is no problem. But if it reaches tens or hundreds of employees, the payroll system will provide many advantages.

What is Payroll?

Payroll is a system that processes salary payments to employees based on a period. Everything is calculated from the salary component to payments according to company regulations.

Unlike the manual method, payroll has a simple calculation system and mechanism. The salary process that will be given is appropriate and automatic, the results obtained are more accurate and there are no problems. Everything is a clear explanation of the information is not only limited to basic salary.

There are several needs, including information on transportation allowances, BPJS, tax breaks, etc.

Advantages of Using Payroll

1.    Monthly Salary Report

If the company uses a payroll system, employees and companies get a salary report per month. Calculations and information were comprehensive. Each employee will receive a payslip via email, WhatsApp, or physical form.

2.    Counting Pieces in Detail

In the payroll system, all calculations will be detailed thus that the obligations of various deductions can be considered in full. Everything can be seen, ranging from tax breaks, BPJS, insurance, and several other needs.

3.    Facilitate Tax Preparation

Taking care of tax forms on a large scale takes time, so the HR team has to work hard in completing them. If you use a special payroll company, then your company’s needs are more focused on handling various other processes.

4.    Lighter Workload

If you use a third party or system, creating an HR team within your company will be much lighter and easier to do. The performance also only ensures and pays attention to all data by the facts in the field. With payroll, everything will be easier and automatically obtained.

These are very helpful for companies that are just developing because the company’s focus is not only on managing payroll.

How can Double M help?

Double M is providing market entry solution services in South-East Asia including Payroll services. Should you have any inquiries, please contact us at info@double-m.co