Payroll Management Services
Elevate your payroll process with our comprehensive Payroll Services.
Single-Country Payroll Outsourcing in Singapore
In accordance with the Employment Act, employers are required to pay employee salaries at least once a month and within seven days after the salary period ends. Additionally, for Singaporean citizens and permanent residents, employers must contribute to the CPF (Central Provident Fund) accounts. With the government’s “Work Right” Campaign enabling employees to report any delayed CPF contributions, it’s critical to ensure your payroll system is efficient and timely.
How WLP Payroll Management Works
When you engage our Payroll Management Services, an Accounts Manager will be assigned to handle all your payroll needs. They will review and organize the data you provide, create and maintain a payroll ledger, and manage salary payouts. Additionally, they will ensure that all necessary payroll taxes are submitted as per your instructions.
Cloud-Based Payroll Software
Our partners’ cloud-based payroll software (Justlogin, Talenox, Staffany) offers unmatched convenience for your business. Designed to simplify payroll tasks, it allows you to manage payroll, leave, and claims efficiently. Whether you want to handle full or partial payroll functions, our system reduces administrative complexity, offering exclusive features to ensure smooth payroll management.
Key Payroll Software Features
- User-Friendly Interface: A simple dashboard that makes navigating the system a breeze, allowing payroll tasks to be completed quickly.
- Claims Management: Easily track and manage expense claims, eliminating the risk of errors in manual calculations.
- Leave Management: Stay on top of employee leave records without constant follow-ups. Both you and your employees can access the system to manage leave requests and track balances.
Our Payroll Management Services Include:
- Salary computation on a monthly, bi-weekly, or weekly basis
- Salary payouts to employees via cheque or bank transfer (e.g., GIRO)
- Gross-to-net salary calculations, including CPF contributions
- CPF registration and timely monthly payments
- Submission of Auto-Inclusion Scheme (AIS) with the Inland Revenue Authority of Singapore (IRAS)
- Filing of statutory forms such as GML, IR21, CPF refund, government statistical forms, NS MUP, etc.
- Issuance of IR8A Forms for personal tax and annual filing returns
- Preparation of payroll journals and reports for accounting and management purposes
- Issuance of electronic or hard copy payslips
- Access to Online Claim Management Portal
- Access to Leave Management Portal
- Access to Online Payslip Portal
To discover how WLP can simplify and elevate your payroll process, get in touch with us today and experience seamless, efficient payroll management.