What is a payroll processor?
A payroll processor is a professional responsible for processing an organisation's payroll. They ensure that all payroll transactions are processed accurately and efficiently. Payroll processing duties include validating employee work hours, calculating wages, handling payroll queries, maintaining payroll operations and interpreting enterprise agreements and awards.
For businesses looking to streamline their payroll operations and free up internal resources, payroll outsourcing services can be a cost-effective solution. These services may include fully managed payroll services, payroll processing outsourcing and payroll outsourcing solutions provided by outsourced payroll providers.
In some cases, businesses may choose to outsource their payroll to specialised payroll outsourcing companies in locations such as the Philippines. By outsourcing the payroll process, businesses can focus on value-added tasks and revenue generation while leaving the repetitive and detail-oriented payroll processing tasks to the experts.