What are the benefits of outsourcing your payroll accounting?

Processing salaries is becoming ever more difficult. If companies do not comply with the statutory provisions, they may have to make huge back payments to social insurance schemes or the tax authorities, for example. By outsourcing your payroll function, you can minimise these risks, lower your fixed HR costs and save on the costs of IT licences, installations and maintenance. We generate and send out payslips and salary statements, for example, and ensure that salaries are always paid on time. Our services also include drafting employment contracts as well as the reporting and declarations for social insurance schemes, pension funds and withholding tax.