Best Payroll Process Outsourcing Service Provider in Singapore
Top Payroll Outsourcing Services
in Singapore for Efficient Payroll Management
Enquire to Hire
Top Hiring Skills by Intellect Minds!
What is Payroll Outsourcing?
Payroll Outsourcing is a process where businesses hire external entities to manage a portion or all of their payroll needs that includes-legal, tax, and accounting. As a part of Payroll Outsourcing Services-income taxes, payroll taxes, and compulsory contributions are withheld, payments are distributed regularly, and payroll reports are sent to the tax authorities and the clients on a regular basis.
Why choose our Payroll Outsourcing Services-
- Values- We take great pride in providing our clients with the most outstanding services and solutions that enable them to advance their businesses and reach great heights.
- Quality- We strive to deliver quality services to our clients to ensure their satisfaction.
- Experience- We are a team of highly experienced professionals with expertise in various domains.
- Multiple Domains-We provide solutions for businesses across different industry sectors.
- Tailored Solutions- Understanding the business imperatives driving the need for our services and creating bespoke solutions within budget is the key to our approach to every project.
Trust our experts with all your Payroll needs!?
At Intellect Minds, we provide bespoke, legislation-compliant, and cost-effective payroll solutions to businesses of all sizes and industries. Our services enable our clients to curtail significant administrative burdens and focus on what really matters-the core business operations!
Top Benefits of Intellect-Minds’s Payroll Services for Small Business in Singapore
Outsourcing payroll to a company like Intellect-Minds has many benefits that can help a business develop and expand at an exponential rate. The primary benefit of Payroll Outsourcing for Small Business is that it reduces costs associated with hiring additional payroll staff. In Addition, Intellect-Minds Payroll Outsourcing Services have several other benefits that include-
- Increases security
- Save time
- Reduce cost
- Professional team of experts
- Maintain Compliance
- Minimize Payroll errors
- Reduces Staffing errors
How do we do it?
At Intellect-Minds, we believe in providing quality services to our clients. So no matter what industry, size, or complexity your business is in, we have a solution for you!
We follow all requisite steps to reach our goals to drive success to the businesses we work with-
Data Collection
We gather all the data required to process your payroll, such as –
- List of employees
- Bank account details
- Salary adjustment
- Basic pay structure
- Time-card data
- Payroll rules
- Deductions( if any)
- Compensation and much more.
Data Analysis
We analyzes your data, and a draft of control reports is provided to you for approval. The reports usually consist of –
- Payroll register
- Leave summary
- Allowance summary
- Loan summary
- Timekeeping Summary and much more
Process
Upon your approval, we’ll process and customize your payroll according to your company needs, policies and schedules. It includes but is not limited to –
- Setup the Payroll Account
- Setup the Payment methods
- Tracks the Time-worked
- Calculates the wages
- Deliver Salaries
- Maintain Compliance
- Manage Taxes
- Safeguarding information about the Company and its Employees with security measures
- Manage Employee Deductions and much more
- Completing end-of-year tax work
Data collection-
We gather all the data required to process your payroll,such as -
- List of employees
- Bank account details
- Salary adjustment
- Basic pay structure
- Time-card data
- Payroll rules
- Deductions( if any)
- Compensation and much more.
Date Analysis
We analyzes your data, and a draft of control reports is provided to you for approval. The reports usually consist of
- Safeguarding information about the Company and its Employees with security measures
- Maintain Compliance
- Manage Taxes
- Manage Employee Deductions and much more
- Completing end-of-year tax work
Process-
Upon your approval, we’ll process and customize your payroll according to your company needs, policies and schedules. It includes but is not limited to-
- Setup the Payroll Account
- Setup the Payment methods
- Tracks the Time-worked
- Calculates the wages
- Deliver Salaries
- Safeguarding information about the Company and its Employees with security measures
- Maintain Compliance
- Manage Taxes
- Manage Employee Deductions and much more
- Completing end-of-year tax work
Review-Follow Up-Revision
In addition to providing final reports, we review the activities at regular intervals, ask for your feedback, and make revisions as needed.
Our motto
Our motto is to give you the scope and time you need to focus on your core business operations.
Contact us
Payroll Outsourcing with Intellect-Minds can play a significant part in your success story. Talk to our payroll consultants today about how we can save you time, help your business run more effectively, and stay up-to-date on payroll regulations!
