Streamlining your payroll processes, giving you more time

The payroll process is a key function in your business but it is also time consuming and requires compliance with complex legislation. Outsourcing this function offers many benefits:

  • Reduces the cost of the payroll process around technology and staffing
  • Gives you access to skilled professionals
  • Frees up staff time to focus on core business activities
  • Provides access to detailed management reporting and analysis
  • Reduces risk in your payroll and compliance across payroll, tax and legal
  • Ensures certainty of cost

RSM’s outsourced payroll services acts as a natural extension of your business, ensuring that your employees are paid correctly and on time. Our experienced team are up to date with the latest legislation and can assist you to apply the necessary changes. This allows you to focus your time on what you do best.

Our payroll solutions are fully flexible and scalable to integrate seamlessly into your current business operations. You can choose to have a strictly internal model, a co-dependent operation or a completely outsourced accounting function. So whether you’re looking to outsource your payroll services, entire accounting faculty or need assistance with a specific project, RSM can offer the appropriate package.

 

Our areas of expertise include the following outsourced functions:

  • Processing of monthly payroll 
  • Providing PDF payslips
  • Submission of payroll associated monthly returns
  • Submission of annual and interim EMP501 returns
  • Providing PDF IRP5’s
  • Submission of annual Workman’s Compensation returns

 

Advantages of outsourcing payroll services to RSM

  • RSM have skilled expertise and up-to-date knowledge in the relevant tax legislation.
  • You'll benefit from the use of the latest technology and cloud-based accounting packages, resulting in cost saving on software licencing and upgrades.
  • We provide a full service offering including processing of payroll registrations, registration of all payroll-related taxes, SARS tax directive applications, any other SARS-related queries and administration of other HR-related functionalities.
  • Outsourcing takes the stress out of meeting monthly and annual compliance deadlines, as well as monthly statutory requirements with the Department of Labour.
  • Real-time payroll reports are available upon request.
  • Improve yourr risk management by eliminating the risk of fraudulent transactions to ghost employees and reducing payroll processing errors.
  • RSM have the necessary resources to handle complicated tax calculations for expat employees in compliance with South African law.
  • Enhanced security of payroll data.

Other Accounting and Outsourced Finance Services

Related Accounting and Finance Outsourcing Insights

Contact us

Complete this form and an RSM representative will be in touch.