Don’t allow non-revenue generating activities and administrative processes to slow down your company’s productivity. Tricor can fully manage all the obligations surrounding payroll for your business – from the first input to statutory submissions and finishing with the payments. We possess decades of experience in payroll and our single and multi-country solutions can guarantee compliance and accuracy.
Multi-country payroll operations are one of the most challenging and onerous areas of employee engagement faced by businesses growing internationally. Each country has different employment regulations and tax systems, each presenting their own set of unique benefits and challenges.
Many multi-national companies who handle their payroll internally struggle to balance their global processes with flexibility for local specifications. Multi-national companies who outsource their payroll processing functions often find managing multiple partners can be arduous and time-consuming. Tricor can provide additional support or a complete outsourced payroll solution for single or multiple countries tailored to your business’s specific goals and requirements.
Our payroll solutions empower your teams to create and implement customised payroll processing rules. The platform offers flexible formula definitions for allowance, deduction, overtime and leave. Powerful data consolidation features allow easy output of statutory reports and analysis of data to generate actionable insights. The system’s predefined library and templates allow quick and easy deployment for different countries, all in strict compliance with local government statutory requirements.
One of the key benefits of outsourcing the payroll function is to relieve your company from attending to the related day-to-day routines, so that you can direct your time and effort to other corporate matters while maintaining a high level of oversight on the process. Being your strategic partner, our dedicated payroll support professionals will provide the highest quality service with the best tailored solution.
Successful human capital management begins with accurate and timely payrolls. Tricor can provide end-to-end, single-source payroll solutions you need to support your business. Input and access your payroll anytime, anywhere via our secure platform. Our customisable modules make it easy to own or subscribe, deploy, use and maintain intelligent, mobile and comprehensive technology in one solution from a single service provider.
Tricor’s services include the following:
- Calculating payroll, arranging salary payments and issuing payslips to employees
- Monthly Individual Income Tax calculation and filing
- Employees’ Annual Individual Income Tax filing
- Registration of tax-deductible items with the tax authority
- Verifying official receipts for tax deduction purpose