Global Payroll Outsourcing Services


Outsource your global payroll & HR compliance to one main partner

Payroll management is a very complex and sensitive task, as decisions impact employee salaries. Payroll must be handled carefully because mistakes and misjudgment can result in employee dissatisfaction and even penalties for the company.

Payroll outsourcing and processing include all activities performed by a company to pay employees, which typically occurs on a set date each month.

 

Which companies benefit from outsourcing payroll?

  • Small and medium-sized enterprises that prefer to utilize external payroll and tax service providers to free up time and resources for core business operations
  • Representative offices encountering difficulties related to a limited workforce and foreign employment ratio requirements
  • Multinationals seeking payroll services for their large employee base to ensure accuracy and full compliance with local laws

 

Managing payroll has never been so easy

NNRoad offers complete payroll outsourcing services. Payroll and benefits services are always required together. Payroll service mainly focuses on salary computing from gross to net, while benefits service is for benefits plans (mandatory and non-mandatory) management.

NNRoad’s payroll service includes:

  1. Monthly payroll calculation and delivery
  2. Individual Income Tax management and submission to local authorities
  3. Annual contribution report for Individual Income Tax
  4. Employee payroll data maintenance
  5. Annual electronic pay-slip reportingPayroll-outsourcing

 

The Process for NNRoad’s payroll and statutory benefits services is: 

1. Gathering employee payroll data: We collect all relevant payroll information from each employee and help determine payroll timing.

2. Salary and contribution calculation: We calculate payroll and tax contributions for each employee according to their salary and local policies.

3. Tax contribution submission: We submit necessary tax contributions to the appropriate local authority in compliance with local laws.

4. Timely salary submission: We conduct the payment of monthly employee salaries on dates specified by the client company.

NNRoad’s benefits service includes:

1. Identification and recommendation of benefits plans.

2. Conducting daily formalities including working with the government authorities and other 3rd parties.

 

Why do companies need payroll outsourcing services?

Payroll management can be a complicated and resource-draining process. Companies need a knowledgeable payroll team to navigate ever-changing local labor and tax legislation.

The process can be time-consuming, as it involves the calculation of individual employee income tax and other wage garnishments such as bonuses, allowances, perks, and more.

Companies often prefer to outsource payroll activities to an experienced payroll company due to the complexity of such tasks.

Some of the benefits of outsourcing payroll are:

  • Focus on your business – Our payroll services help boost your company’s performance, liberating your team of time-consuming payroll tasks so you can concentrate on developing your business strategy.
  • Better employee service – An experienced payroll processing provider for small businesses has the capacity to answer your employee’s questions about the payroll calculations, provide expert guidance and information on the latest regulations.
  • Save time – Outsourcing your payroll activities frees up a significant amount of time so you can focus on your primary business objectives.
  • Save money – For many startups and SMEs, it is much more cost-effective to outsource payroll processing than it is to hire an internal HR team and provide them with payroll tools, hardware, and software.
  • Functional expertise – NNRoad’s team consists of the best and brightest global payroll experts. We believe in providing the most accurate advice and guidance for our clients, never compromising quality for ease. We stress the importance of comprehensive training, continuous learning, and encourage ongoing professional development among our team.

 

With NNRoad’s Payroll Outsourcing Services, clients can legally pay their team everywhere with NNRoad’s simple and straightforward solutions.