Finance

Benefits to outsource payroll process

Small and medium sized businesses outsource many of their processes in order to save costs associated with hiring of employees and saving on office space. If you too are looking forĀ payroll outsourcing services hong kong then the best company to choose is zebra group. There are lot of benefits of outsourcing your process to them such as:

Benefit of latest technology: The team is acquainted with the latest technology and software system of payroll which helps organisations to remove human error thereby saving a lot. The clever technology that they use is apt in capturing details about the employee data, transactions and helps in automating workflow without human intervention. This leads to increased productivity and the departments have access to the system as required. It can be completely integrated with any third party systems to get business information across multiple systems.

payroll outsourcing services hong kongArtificial intelligence system of this software provides useful insights about payroll to the payroll people thereby reducing the chances of potential errors. There is a self service dashboard for your employees to contact the team of affinity in case of any sort of queries. It also reduces the cost and wastage of paper.

Benefits to different departments:

Executives: The system provides visibility to cost and compliance by providing periodic reporting and adhoc access as well as notifications about compliance breach to the executives.

Finance department: This department has access to the costs associated with payroll including ongoing costs. They get visibility of data of actual costs against the budgeted costs. Live updates and reports are quite helpful and it provides synchronization of month end to pay period end. These softwares are widely used Banking and finance jobs hong kong.