Is payroll outsourcing gaining a lot importance in the new age?
Have companies ever thought how difficult it is to manage the payroll for employees? No matter how small or big the company is, it becomes mandatory for companies to have a platform where in they manage only payrolls for employees with correct computations each time.
Regions in UAE specially in areas like Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah are very strict with respect to processing payroll on-time along with correct computations. Thus, smaller companies or maybe companies who would like to implement an HRMS software later in UAE adopt Payroll Processing service initially. Payroll processing or payroll outsourcing is nothing but outsourcing the companies payroll to an external firm which has an expertise on it.
Today, the company and its people can totally depend on such services as confidentiality of the information forms the chief and the external firm guarantees the same.
The process is very simple. There are certain steps that the company needs to follow which initiates with providing and excel sheet a month prior which includes new joiners/ leavers information along with bonus or deductions if any. In the beginning, client also provides a company logo, payroll calculations and employee information for system configuration and environment set up of Wolke HR & Payroll software. Wolke will process monthly payroll data as per client’s payroll cycle. The Client verifies and confirms if the payroll is approved. If there are any correction, then client advices Wolke accordingly with the changes. Wolke reprocesses the change. The client makes necessary payments and the payroll cycle is closed. Also to be noted, the entire process is password protected.
Wolke Business Applications have a strong client base that initiates with payroll processing and eventually implements Wolke HRMS software to process the payroll on their own with simple integration with previous data which is cost-effective as well.
Wolke provides best Time & Attendance integrated to payroll to number of clients directly and through its varied company expertise. It is a company based in Dubai Internet City UAE across Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman, Fujairah, Umm Al Quwain and also expanded across Qatar & Bahrain for robust, flexible and scalable software solutions. Primarily, we will need an understanding of your company processes, gather requirements and eventually implement a standardised, Microsoft Dynamics NAV/AX/CRM solution. Also, experience a world class affordable HCM Suite (Human Resource Software Solution) with modules like Core HR, Payroll, Time – Attendance, Employee Self Service, Performance Appraisal and Outsourced Payroll service.
Wolke as a company has customer focused solutions and specialises in Microsoft products and software.