Payroll Outsourcing Services
Hire and pay employees across the globe
Edge, Your Trusted Payroll Outsourcing Provider
Employees form the backbone of any company. After all, there is a reason why organizations work with the best HR service provider to hire the top talents. But, if you can’t keep your employees satisfied, there are high chances that they will leave your business to work with a company that takes care of them better. This could even be your competitor!
Payroll errors are among the biggest reasons for employee dissatisfaction. This might stem from the lack of resources, especially in the case of small businesses without a dedicated human resources and payroll department. In such cases, payroll processing falls on employees from other departments who may fail to do it properly.
Employee payroll processing is a complex and time-consuming task that should be performed with utmost care and dedication. Large organizations often have an entire department dedicated to payroll functions. And now, your small or medium-sized business can reap the benefits of a dedicated payroll department by outsourcing your payroll to Edge.
Our Payroll Outsourcing Model: How Does It Work?
Edge is one of the best payroll outsourcing providers in Egypt. Our experienced and knowledgeable professionals handle payroll processing with zero errors and full regulatory compliance. Being a global payroll processing service provider, we stay on top of all the updates regarding international employment legislation to help our clients with their employee payroll.
We wish to make payroll processing easy for businesses worldwide. For this reason, our outsourced payroll service is designed to be comprehensive–it takes all the complex and time-consuming small business payroll operations off your plate. Here’s what our payroll professionals can do for you every month.
- Calculate employee salaries using SAP HCM.
- Add allowances and bonuses.
- Generate payroll-related reports (including net salaries, gross salaries, salary and income taxes, and social insurance contributions).
- Generate and send pay slips to employees.
- Create comprehensive financial records (annual tax settlement report and quarter tax declaration report).
- All other statutory requirements.
Beyond these core payroll solutions, we can advise you on salary tax calculation and help you compare the different types of employment contracts to make informed decisions. As an extension of our HR and payroll services, we allow our clients to register and de-register their Egyptian employees from the social insurance system. Our legal, government, and administration experts can also handle the paperwork required by the Egyptian Government for company formation, improving your chances of getting approved.
The Benefits Of Edge’s Payroll Services
We are a global payroll outsourcing company that puts our heart into managing payroll for our clients. Apart from employee satisfaction and legal compliance, another great advantage of outsourcing payroll to our experts is the experience and knowledge of global industry standards they bring to the table. Beyond local employees, outsourcing helps you streamline business payroll on a global scale.
Easier & Faster Payroll Processing
We accurately calculate every employee’s salary, taking into consideration absences, social security contributions, allowances, bonuses, applicable taxes, etc. We have a zero-tolerance policy for payroll errors, so you can be assured that your employees will be paid accurately for their efforts on time every month.
Cost Savings
Since our dedicated payroll professionals carry out the payroll process efficiently, your business can rest assured that it will remain compliant with local regulations and tax authorities. This means you can avoid hefty fines and penalties that can result from mistakes in payroll data.
Improved Employee Morale
We handle every part of payroll processing. After calculating the salaries and getting your approval, we ensure the payment reaches your employees’ bank account in time. When your employees are paid on time, they feel secure in their jobs and become more productive, contributing to your business’s success.
Competitive Edge
As an outsourced payroll provider, we ensure everything we do for your business adheres to the global payroll standards and laws and necessary tax obligations. We help you stay on the Government’s good side, which is one way to establish your organization’s reputation.
Data Security
We take the confidentiality of employee data very seriously. As a trusted service provider, we have measures in place to protect your sensitive data. This includes highly encrypted storage that detects and prevents unauthorized access.
Shall We Take Care Of Your Payroll?
Frequently Asked Questions
What is payroll outsourcing?
Outsourcing payroll refers to having a third-party company handle the payroll functions on your business’s behalf. So, instead of an in-house payroll team, all the payroll processes will be handled by an experienced payroll provider. This approach is very valuable when it comes to avoiding payroll errors, complying with local regulations, and keeping your employees happy with on-time payments.
What are the most vital benefits of outsourcing payroll?
Payroll management is a time-consuming and stressful task. If not done properly, it can lead to payroll errors, non-compliance with tax regulations, and more. Payroll outsourcing is an easier way to get over these risks. Payroll outsourcing companies are experts in payroll processing. They can help you save time and money by reducing the work that should be handled in-house. In addition, they follow effective payroll strategies that will help you cut costs, stay compliant, and avoid legal complications.
How much does it cost to outsource payroll?
The cost of payroll outsourcing services will vary depending on your business needs and unique circumstances. It can depend on the number of employees, payroll frequency, whether you wish to outsource payroll partially or entirely, etc.
While you must pay the payroll provider to carry out the payroll processes, it is still cost-effective since you will save more money by avoiding payroll errors, payroll compliance issues, etc.
Why outsource your HR tasks to Edge?
At Edge, we streamline the payroll process. Whether you’re a large, medium, or small business, we have customizable payroll solutions in place to help you enjoy greater flexibility. Leveraging our years of experience and knowledge of payroll taxes, functions, and regulatory laws, we help you stay compliant and pay your employees on time. This, in turn, leads to a more efficient workplace, freeing you up from payroll processing so you can focus more on your core business.
Which countries does Edge provide payroll outsourcing services for?
Edge offers outsourced payroll services across Canada, China, Egypt, France, Hong Kong, India, Japan, Jordan, Singapore, Saudi Arabia, South Africa, Tunisia, Turkey, the UAE, the UK, and the US. Meaning, we are well-positioned to help you with international expansion.