Payroll is the total amount the company pays to its employees in a period. It is very important for any business to timely and accurately pays all its employees and it often turns out to be a tedious task for small and medium businesses. With lack of time and often due to lack of knowledge, businesses end up paying wrong amounts which might lead to employee dissatisfaction and penalties from the government. Payroll is a particularly time-consuming activity, from mapping timesheets to preparing employee pay slip, salary, and superannuation, it is a task best handled by experts.
At Whiz Consulting, we transform the payroll processing administration for your business with a cost-effective and scalable solution. Our Payroll Services permits you to give accountability for managing the payroll and taxation processes to specialists with ample resources to track the situation and perform accordingly.
Processing payroll is a time-consuming and tedious process and chances of error are quite high if payroll is processed by fast-tracking without paying attention to details.
There is always chances of issue regarding non-compliance. Any change in legislation or even existing ones where you must be sure about filing taxes on time accurately.
With payroll processing done weekly, fortnightly, or monthly basis, the amount of data payroll processing is voluminious. Any inaccuracy in this data will lead to bigger problems in future.
There is some payroll fraud that people in an organisation can commit that will impact the organisation like ghost employees, falsified wages and commission or even fake insurance claims.
In most organisation the responsibility of payroll falls under the HR department, which works in collaboration with the Finance department adding to their workload.
Payroll prcessing also quite costly affair as one need to investment in payroll software and human resource. Absence of either one will reduce overall payroll processing efficiency.
As an outsourced payroll service provider, we take it upon ourselves to offer you the following services –
Payroll data entry, payroll data processing including tax calculation
Calculating the exact amount due to employees after withholding taxes
On-time pay slip generation and emailing
Record keeping & administration
Monthly, Annually Employer or Statutory compliance
Map the timesheets and prepare employee pay slip, salary, and superannuation
We set up a system according to the schedule chosen by you and then we prepare a calendar with relevant dates.
Important data and timesheets are shared through email or via cloud storage services like Dropbox or Google Drive.
Based on inputs received from you, we calculate gross pay, deductions, net pay, superannuation and so forth.
We process all employee payment through a batch file which is sent to the Bank for upload.
We review the activities at constant intervals, ask for your feedback and make revisions wherever required.
Outsource your payroll to the highly trained team at Whiz Consulting and obtain dozens of benefits just like other businesses. We process over a thousand pay slips every month and thus you can be assured that you are paying accurately. Some other beneifts of choosing Whiz Consulting for your Payroll Service are -
Increased efficiency of payroll systems, controls, and processesIncreased confidence in the accuracy of payrollComfort that employees will be paid correctly, on time, every timeComfort around the security and confidentiality of sensitive payroll informationConfidence that your payroll processing services function is compliant with legislation across multiple jurisdictionsCustomised to the need of the client’s requirementsDecade long experience for all sizes of businesses in Australia
We at Whiz Consulting have been providing Payroll Outsourcing Services in Australia for a decade now. We provide an affordable way to take away the burden of payroll by providing a time-saving and cost-effective alternative to internal payroll processing services. For a business it is very important to understand the process of payroll – pay calculation, superannuation, deduction, pay slip generation, tax return preparation, tax calculation as well as timely payroll tax. And these are best left in the hands of experts.
Having provide payroll services in Sydney, Brisbane, and Melbourne we understand current legislation and requirement of each jurisdiction. If you require payroll services in Adelaide, Queensland, Perth or any other place in Australia, you can outsource payroll service for your business with us as we have experience of processing payroll for small businesses to large businesses. In addition to this, we have experts who are very well acquainted with payroll processing of Australia, Whiz Consulting is your go to payroll service provider.
