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Accounting

Payroll Outsourcing

Payroll outsourcing is a strategic solution that helps companies save costs, improve time efficiency, ensure compliance and accuracy, access advanced technology and expertise, scale operations seamlessly as they grow, and enhance data security, enabling businesses to focus on their core objectives.

Pros of Payroll Outsourcing

  1. Cost Efficiency
    Outsourcing payroll reduces the expenses associated with hiring specialized staff, purchasing software, and maintaining compliance tools, saving the company significant operational costs.

  2. Accuracy and Compliance
    Payroll outsourcing providers are experts in tax regulations, labor laws, and compliance requirements, ensuring accurate calculations and reducing the risk of costly errors or penalties.

  3. Time Savings
    By outsourcing payroll, companies free up internal resources from time-consuming administrative tasks, allowing teams to focus on strategic business priorities.

Cons of Payroll Outsourcing

  1. Loss of Control
    Outsourcing payroll means relying on an external provider, which can reduce control over payroll processes, timing, and adjustments.

  2. Confidentiality Risks
    Sharing sensitive employee and financial data with a third-party provider could increase the risk of data breaches or misuse if proper security measures are not in place.

  3. Hidden Costs
    While outsourcing payroll may seem cost-effective, unexpected fees for additional services or changes in contract terms could increase overall costs.

Go-Impact is capable of supporting All-in-One payroll activities. From the employee profile input to the statutory submission, our team has a few decades of experience in serving sizable companies; NGO; SME; and the government departments for a single and multi-country solution, we free up your time to focus on your core businesses.

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Our payroll solution integrates with a comprehensive Payroll system, enables you to manage employee profiles, attendance management, certificate expiry notices; allows your employees through the internet to access their personnel profile, receives payroll payslip, IR form, leave applications/approval, etc.

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For Payroll Outsourcing, our services include: -

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Employee Profile Filing | Talent Secondment | Attendance Management | Clock-in/out System | Leave application/approval

Payroll Calculation | Payroll Processing | Payslip / IR form publishing | Provident Fund Contribution | HR administration

GO-HUMAN CAPITAL

Offering a comprehensive suite of human resources services to support businesses and individuals in Asia:

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GO-CONSULTANCY

Offering a comprehensive suite of business solutions tailored to empower our clients' success, allowing you to focus on driving your business forward.

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  • Nominal Director & Secretary

  • Company Registration

  • Bank Opening

  • Business Website Establish

GO-EMIGRATION

Leveraging our Expertise and Partnerships for a Seamless Immigration Journey

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  • Investment Emigration

  • IANG Recruitment

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