Why Payroll Outsourcing?
Payroll Management should be worry-free.
At Align Group, we understand that payroll management should be worry-free for businesses. Although payroll is essential, it can be time-consuming and may not directly contribute to business growth. Furthermore, errors or non-compliance in payroll execution can negatively impact employee morale and lead to complications with Singapore’s Employment Act.
Here are four key reasons why many companies choose to outsource their payroll to Align Group:
01
Confidentiality
In-house payroll personnel who share information about their colleagues’ salaries can cause unnecessary workplace drama and make others feel unfairly treated over how certain payouts are decided by the management. That’s why we prioritize confidentiality in all aspects of our payroll outsourcing services, ensuring that sensitive information is kept secure and private.
02
Compliance
As a small business owner, navigating Singapore’s complex tax regulations can be challenging. While it’s essential to comply with these regulations, it can be difficult to stay up-to-date and ensure accurate reporting. Failing to comply with employment tax regulations can result in severe consequences, such as misrepresentation or legal liabilities.
Our team of experts ensures compliance with all employment tax regulations, leaving you with peace of mind and the freedom to focus on growing your business.
03
Enhanced Security
Even with trusted long-time employees, there is always a risk of identity theft or tampering with company files for personal gain. Monitoring payroll for unethical activities can be time-consuming, and it may not be feasible for you to closely supervise these activities. Our team of experts protect your sensitive payroll data, ensuring that it’s kept confidential and free from any unauthorized access or tampering. With our secure payroll management services, you can focus on your core business activities while having peace of mind that your payroll data is in safe hands.
04
Cost Savings
We offer cost-effective payroll outsourcing services that help you save money while ensuring accurate and timely payroll processing.
By signing up with Align Group today, you can receive up to 50% funding under the Productivity Services Grant. This grant is designed to support businesses in enhancing their productivity and upgrading their capabilities. With our payroll outsourcing services, you can optimize your payroll management while benefiting from significant cost savings.
Making Payroll Servicing Simple Through Outsourcing
A dedicated team to deliver on your payroll needs:
Employee Data Management
Organize all your employee data into a single source through HRMS setup, making it easier to access and manage. We can also help you adapt your HR processes for digital management, ensuring that your HR administration is efficient, accurate, and compliant with regulatory requirements.
Employee Self Service Portal
Our cloud-based employee self-service portal allows your employees to view, apply, and approve leave, claims, and benefits from anywhere, at any time. This helps your team save time and improve efficiency.
Benefits & Claims Management
Our team of experts will process your employee’s benefits and claims to ensure they are aligned with your company’s practices and MOM regulations.
Monthly Payroll Processing & Reports
We complete monthly and ad hoc payroll with overtime calculations and provide payroll reports for management and accounting purposes.
CPF Submission
We generate and submit monthly Central Provident Fund (CPF) payment files. This ensures that your CPF submissions are timely and accurate.
Govt Claims Forms
We prepare and submit government-related forms such as government-paid childcare leave and maternity leave, NS Make Up Pay claims, and CPF refund.
Govt Statistical Request
We complete government surveys on your company’s behalf (e.g. labour market survey).
IRAS Filing (IR8A)
We prepare and submit Auto-Inclusion Scheme (AIS) with IRAS and issue the IR8A Form for personal tax, which includes annual filing returns. This ensures that you are compliant with IRAS regulations.
Foreign Tax Clearance (IR21)
We file the IR21 for tax clearance on your behalf for work pass holders.
Complimentary Advisory
Employment Practices Advisory
Grant Advisory
Simplify Your HR Tasks
With Time Access, our all-in-one HR software, managing your payroll has never been easier. Everything you need is now accessible on a single platform, from employee payslips to leave and claims application and supervisor approvals.
If you already have an existing HRMS in place, don’t worry. Our seamless migration process guarantees a smooth transition, ensuring all employee data is ported over seamlessly so that you can get up and running in no time.
Receive Govt Funding To Reduce Your Cost
Sign up with Align Group today and receive funding of
up to 50% under the Productivity Solutions Grants!
Supported by:
Align Group
At Align Group, we understand the challenges of managing HR functions and the importance of focusing on your company’s purpose, people, and profits. As a trusted HR business consultancy and partner, we provide outsource HR and payroll services to growing enterprises. Our expertise has been recognized by SPRING Singapore (now known as Enterprise Singapore), which appointed us as a pre-approved HR Shared Service Provider in 2015.
If you’re looking to enhance your HR capabilities, consider our HR Consultancy Services. Our comprehensive HR projects can help scale up your HR functions. Alternatively, gauge your employee’s engagement levels and pinpoint your efforts and resources on improving areas that matters the most to your employees using our Workplace Happiness Survey.
Book a free demo today