When your business requires professional payroll outsourcing services in southern Africa, MondTes Holdings is your holistic solution! Our services also include payroll consulting, support, and corresponding software solutions to give our customers optimised services that suit their specific needs. In this article, we talk about the benefits of payroll outsourcing, our approach, and what you can expect from MondTes Holdings for your business.
The Benefits of Payroll Outsourcing
There are several benefits for businesses that utilise payroll outsourcing. These benefits include regulatory compliance – keeping your payroll processes aligned with legal requirements that apply in your country. This ensures that these processes are above board and legally executed to avoid any disputes or legal action.
By outsourcing your payroll processes, your business will save valuable time, money, and resources that would normally be put towards payroll. Now, these resources can be put towards something more productive for your business. With professionals taking care of your payroll processes, you can rest assured that these processes will be accurately checked, executed, and reviewed.
Our Approach to Payroll Outsourcing
MondTes Holdings offers professional payroll outsourcing services to small- and medium-sized companies in South Africa and our neighbouring countries. We keep our services up to date with any legislative changes to ensure regulatory compliance. Our processes are specifically developed to include all payroll functions and any related activities, and we take care to execute these processes with optimal accuracy and within the set timeframe. By letting MondTes Holdings manage your payroll, you can relieve pressure off your in-house team and enjoy all the benefits of payroll outsourcing.
Our Outsourcing Order of Events
This order of events is laid out in a particular structure to ensure accuracy and optimal execution. It starts with our client submitting the necessary payroll input to our Payroll Account Manager (PAM) – who reviews the payroll input and performs a compliance review and update. From here, a Payroll Processing Consultant (PPC) processes the information and sends it back to the PAM, who completes the review and signs off on the payroll input. Month-end reports are submitted to the client, and the client is required to upload a bank file and make any 3rd-party payments. The final step for us is to submit a UIF file to the Department of Labour.
MondTes Holdings is your holistic solution to payroll outsourcing for small- to medium-sized businesses in southern Africa! Feel free to browse our website for details on our available services and contact us directly if you have any questions on how we can assist your business.