Payroll - outsource payroll with the best experts
Payroll is another common name for payroll services. If you are looking for solutions for the efficient application of taxation and legislation, Fox Expert Advice services are the solution for payroll outsourcing. We address companies aiming to optimize internal processes and increase payroll confidentiality. Outsourcing payroll related operations is an excellent way to work with specialists with extensive experience and advanced knowledge, including taxation. Our team will prepare for your company the correct and timely calculation and processing of monthly payroll statements, based on the information contained in individual employment contracts, monthly timesheets, pay slips and other documents.
What are the Fox Expert Advice Payroll services?
Whether you are a small or large company, with an internal human resources department or not, you can outsource certain processes, including payroll, fully or partially.
Fox Expert Advice realizes for its clients:
- covering the needs for the correct administration of payments and taxes.
- Monthly salary cost reports, customized according to the client’s requirements;
- preparation and transmission Monthly Declaration 112 regarding salary contributions;
- preparation and transmission Annual return 205 on income tax;
- sending monthly pay slips;
- on request, on-line payment of salaries through the banking application selected by the client;
- recovery of sums relating to social health insurance leave and allowances;
- Monthly/annual reports on sick leave;
- drawing up monthly/annual reports on rest leave
What are the benefits of our services for your business?
- ensuring the confidentiality of salaries for the company’s employees – the financial data of the employees as well as the company’s own pay and benefits are sensitive. Payroll services ensure the security of this information;
- reducing errors – payroll is a complex and time-consuming activity. It also requires advanced knowledge and thoroughness, as well as advanced technologies to minimize human error. Also important is the accurate and timely management of the payments that we perform for you;
- compliance with ever-changing tax legislation. A company that does not comply exposes itself to the risk of fines and penalties. Outsourcing Payroll services means that specialists are always up to date with all changes and legal requirements;
- saving time – you can focus, by outsourcing payroll and delegating this activity, on objectives that are essential to the growth of your business or on other activities that you enjoy;
- reduce pressure on the internal HR department and focus on other activities. In case there is no dedicated staff for payroll processes, you have the possibility to have at your disposal an entire outsourced team, thus saving your company’s financial resources and investing them in other directions.
How to choose the best Payroll service for you?
When you have decided to outsource the service or even change the provider, you may consider the following aspects:
- Supplier experience and asking for references from other companies;
- Personalized approach to company needs;
- Salary schedule used;
- Costs – a low price does not reflect the quality of the service, therefore, take into account the value for money and the amount of work involved in the Payroll activity, but also the profile of the company and the Payroll experts. Can they, for example, assist you and guide you through the tax haze and apply the correct legislation and salary calculation? Can they add value through the quality of the advice they offer?