Payroll outsourcing
Payroll Outsourcing
What is payroll outsourcing?
In labor disputes, it turns out that more than 80% of pay stubs are incorrect or contain errors. These cases are very often decided against the employer, even though the employer has every means to prevent them.
These errors occur because employers very often lack the qualified personnel to handle payroll in-house, and setting up an accurate payroll system entails additional costs (purchasing hardware and payroll software, user training, maintenance contracts, vendor support, etc.).
To ensure that pay stubs comply with the law and to free themselves from the recurring tasks involved in in-house payroll, employers outsource their payroll and personnel administration to external service providers.
Why outsource payroll?
Entrust your payroll to specialists
To avoid the risk of errors and benefit from expertise that may not be available within your company, payroll specialists guarantee compliance with the law by taking full responsibility for the services they provide.
Focus on Your Core Business
In business, repetitive administrative tasks that must be completed by specific, fixed deadlines are the most tedious (processing and printing pay stubs in compliance with the law and your collective bargaining agreement, payroll journals, payroll reports, and payroll tax returns).
These tasks sometimes require energy and time that you’d rather devote to other priorities in your business. They demand a considerable investment of time and effort, and the results aren’t always satisfactory.
Outsource these tasks to a service provider who specializes in this field.
Increase Flexibility Within Your Business
In Mali, the business environment is more social than economic. By outsourcing your payroll, you will no longer have to deal with absences—whether justified or not—vacation time, maternity leave, or sick leave of the person handling payroll in-house.
How to outsource payroll?
Our payroll outsourcing service covers everything from collecting your payroll data to generating documents for employees, you, and social security agencies. Our payroll outsourcing service is available for companies with as few as one employee.
APPM Taking Over Payroll Mid-Year
When we take over payroll processing mid-year, employees retain their accrued rights and benefits.
After aggregating these accrued rights and benefits, we enter the information our client has deemed useful to share with us into software commonly used in Mali, such as SAARI or Malipaie.
After processing payroll, we send our client, by the due date,
- the printed pay stubs;
- social security reports (INPS and CANAM);
- expense reports;
- payroll journals;
- vacation records;
- the status of advances and loans;
- staff lists for workforce tracking;
We bill for our services based on the number of pay stubs issued.
**Reversibility of the Payroll Operation **
We can resume processing at any time during the year, just as you can resume handling payroll in-house. We guarantee full reversibility of the data under the best possible conditions.