Outsourcing your payroll to Fulcrum can take a lot off your shoulders and free up your time to allow you to focus on your core business thus contributing to maximum productivity.
Market trends show that businesses who outsource their payroll find it highly cost effective due to, among other things, the ever changing legislative requirements. We offer customised solutions that take care of the formalities so that you can concentrate on the areas which will make your business more productive
Services
Processing of weekly, bi-weekly and monthly salaries and wages.
• Maintaining records and completing the processing of annual, sick and family responsibility leave.
• Calculation of overtime and public holidays worked.
• We generate comprehensive and professional payslips which show both the employer contributions and employee statutory deductions: PAYE and UIF as well as any other deductions.
• We handle deductions and contributions for retirement funds, provident funds and medical aids and reflect them on your employees’ payslips.
• Equity reporting from payroll information.
• Bi-annual preparation of IRP5 and IT3 certificates.
• Handling of SARS e-filing submissions of UIF, PAYE and SDL levies.
• Employment equity reporting.
• Skills and Seta reporting.
• We submit management reports weekly, bi-weekly or monthly to give you an opportunity to better plan and manage your business.Benefits • Costs Saving – save on the costs of payroll software, as well as the cost of hiring and training full-time employees to run your payroll department.
• Expertise – legislation affecting payroll is complex and extensive. Fulcrum payroll team are specialists in the payroll area, with the expertise to deliver a fully-compliant payroll, thus alleviating the burden of ever changing legislation.
• Data Integrity and Confidentiality – by outsourcing your payroll to an external provider, you achieve an added level of confidentiality, our systems will ensure that your data remains confidential.