Our Services
Payroll Outsourcing Services
What is Payroll Outsourcing Service?
Payroll outsourcing services is the broad terminology used for the outsourcing of the payroll function and other Human Resources (HR) tasks. These tasks may include leave management, claims processing, statutory compliance, and taxation.
Professional service providers or external HR consultants offer such outsourcing services to companies. These service providers are often accredited and led by experienced partners with well-defined teams. Their exposure to multiple firms further enhanced their efficiency and expertise in the area of Payroll.
Most service providers use a Human Resource Information System (HRIS) or HRMS (Human Resource Management System). These systems are developed with payroll capabilities and enhanced with multiple features to assist with most HR duties. These include leave management, scheduling, and employee databases.
Payroll software is greatly popularized due to the convenience it offers. Employees can easily access authorized information such as pay slips, leave balances, and employment information. From a company standpoint, having a software ensures the integrity of employee data and payroll information. Apart from computational accuracy, payroll and HR compliance are key reasons for having software.
By outsourcing payroll to external service providers, a company can tap into the expertise of experienced consultants. At the same time, it can adopt an HRIS / HRMS that improves efficiency, data integrity, and regulatory compliance.
Payroll Outsourcing Services: More than just a Cost-effective solution
Payroll Outsourcing Services are the direct alternative to an in-house payroll team. Depending on business needs, payroll outsourcing can bring many benefits.
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Accuracy & Expertise: External Providers for payroll services are usually experienced and highly trained in this function. In Singapore, payroll services are normally offered by professional firms such as accounting firms or HR solution companies like us. By tapping on their expertise, one can be assured of accuracy.
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Compliance: Payroll Specialists at outsourcing firms may act as a check-and-consult role for compliance matters. Such service providers not only offer valuable advice to ensure compliance but may also assist in reviewing your HR duties.
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Scalability: With a payroll service provider, companies can expand and adjust their needs easily. Time-consuming processes may weigh down an in-house HR team.
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Continuity: An in-house team may have continuity and turnover issues. Disruption and loss of information are less likely to occur when engaging a service provider.
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International Operations: Depending on the scale of each payroll service provider, some may have an extensive network in the region or internationally. These networks facilitate international operations or cross-border payroll issues and will greatly improve efficiency.
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Cost: Cost is a huge reason why many firms are switching to payroll service providers. For a fee, a company is exposed to a team of HR specialists and the availability of software. With monthly fees remaining competitive, small and medium firms may see this as the most cost-effective option.
Does Jupiter Recruitment Agency offer Payroll Outsourcing?
Yes, we do! Jupiter Recruitment Agency offers HR solutions in addition to recruitment services.
We are led by a team of experienced and qualified specialists (IHRP-SP, Chartered Accountant—Singapore).
In addition to recruitment services, we offer payroll outsourcing, HR outsourcing, and HR Advisory services.
At Jupiter, we are committed to offering our valued partners a one-stop HR Solution experience.
Looking for payroll solutions? Partner Jupiter
At Jupiter, we provide a comprehensive suite of HR solutions. This includes payroll services to suit businesses of all sizes. Led by an experienced HR partner, you can expect the following:
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Quality and Compliance – Ensure accuracy and compliance for your payroll matters. This ranges from internal report generation (Payroll reports) to submission to statutory (Central Provident Fund (CPF) Submission, Foreign Worker Levy, Payroll Tax filing and compliance - IR8A and IR21 forms)
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Integration – Our software offers Auto inclusion scheme (AIS) feature. In addition, it can be easily integrated with common accounting software (Xero, Quickbooks). Depending on each company's needs, there are options to take on supporting HR modules such as leave management, claim processing and approval, and attendance and scheduling—a perfect payroll system to meet business needs.
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Cost and efficiency—Business owners can have peace of mind regarding payroll matters when partnering with us. At a competitive price, partnering with us improves efficiency while lowering costs. Let us provide you with the support you deserve while you take the business to greater heights.
Monthly Payroll and HR Services
Payroll Services
✓ Payroll Processing and computation
✓ Disbursement and Payments
✓ CPF Submission and Compliance
✓ Payroll Data, Reports & E-Pay Slips
✓ Employee Self-Service Solution – Convenience retrieval of information
Leave Management Module / Claims Module
✓ Leave Management Module
✓ Claims Processing and Approval
✓ Self-Service Application and Status Query
Payroll and HR Ad-Hoc Services
We also assist clients in specific ad-hoc payroll and HR matters:
✓ IR8A / IR21 Preparation
✓ Government Paid Leave Schemes (GPML, GPPL, SPL, GPCL, NS Pay) Application
✓ Statutory surveys and questionnaire
Pricing
Payroll outsourcing can offer strategic benefits to your business. By freeing up valuable time for business owners and HR Managers, you can focus on developing the core business. We believe in transparent pricing for our valued clients. Do reach out to us if you require additional service, and we will be happy to assist you.
Contact Us Now
Contact us to learn more about our areas of expertise or to understand how we can help you with your staffing needs!
