When your resources are just sufficient to address business problems or facing a few challenges such as managing the payroll of your employees, then it’s time to think of a smarter solution if your objective is to maximize the market or get ahead of the competition. With payroll, the process may get complicated because of the time and resources spent just to make sure the disbursement of salaries as well as tax and benefits remittances are done correctly, not to mention yet all the hassle in settlement of disputes. Also, the varying cost of acquiring and maintaining payroll software may add up to the burden to a lot of entrepreneurs and business leaders.
Are you currently experiencing one of the issues?
Payroll Services in the Philippines
When it comes to payroll management, it’s always a good idea to work with an HR payroll outsourcing outfit in the Philippines like Grupo BPO. We are in the business process outsourcing industry that provides payroll services to both local and foreign companies.
Through our HR outsourcing business unit, Grupo BPO provides comprehensive payroll solutions to clients that deal with processes and compliances for startups, SMEs and large companies. Since Grupo BPO came from a strong background in the human resources industry, its position remains strong and has one of the fastest-growing teams in all of its business units. With its dedicated payroll specialists, rest assured that your employees are being taken care of their salaries and benefits remittances. Also, you are freed from the headaches in tax and other government compliances.
Good payroll management practices play an important role in the success of your business and some often overlook even for a little amount of issues business owners are facing. A small difference in salary computation may affect an employee’s motivation to perform his responsibilities. As a result, in dealing with this issue, may shift your attention instead of focusing your time-to-market and your day-to-day business operations.
For Foreign Companies
As the Philippine economy continues to grow, foreign companies are looking to set up offshore operations mainly to take advantage of the market, rich talent pool and cost savings. However, human resources, payroll and statutory compliances are always tied when you want to expand your presence in the local market or even just build an offshore team. These aspects can skyrocket your costs as well as it is a time-consuming and challenging journey, especially when dealing with local government agencies to ensure taxes and benefits remittances are filed on or before the deadline to avoid penalties. Instead, you can contract to a PEO or HR payroll outsourcing provider in the Philippines to help you deal with the processes of the HR and payroll system in the Philippines.
Since Grupo BPO provides comprehensive HR and payroll services, we can also take care of your recruitment, on-boarding management and training, HR and payroll management support as well as help acquire office and equipment to provide you a fully-functional workplace in the premier business location for your team members.
Benefits of Outsourcing Payroll Process in the Philippines
Effective human capital management can also be achieved through payroll outsourcing with an emphasis on employee engagement as published by HR Technologist. Below are other benefits of outsourcing payroll function in the Philippines.
Reduced Costs
Off-loading a non-core function of business like HR and payroll can visibly reduce costs by cutting your overhead such as hiring additional personnel, office tools and equipment including procuring and maintaining payroll platforms which can be expensive. For foreign companies, you can also get further cost reduction because of the lower pricing structure of outsourcing to the Philippines.
Convenient and cost-efficient
Our HR and payroll specialists will work hand-in-hand to provide you with reports submitted on the set timeline. We have cloud-based payroll technologies and tools available that allow you to easily navigate reports and view useful data across the web or mobile devices accessible wherever you are at your convenience thus, it saves you more time and it lets you continue your revenue-generating activities.
Fast Set-up
Grupo BPO can help you easily build your operations in the Philippines with our range of human resources and payroll services. We take care of everything to provide you a fully-functional office with your staff while you continue growing your business.
Payroll Outsourcing Services
Our payroll outsourcing services include employee payroll and salary disbursement, monthly filing of benefits and tax remittances as well as annual services, you can view the list here.
Grupo BPO provides a more attractive pricing structure in the industry with engagement models flexible and tailored-fit to your needs as our goal is always to create a fruitful and long-term partnership with our clients. Speak with our stewards today.
