Payroll Outsourcing Services

ICS Bermuda has a team of payroll management experts that specializes in Payroll Services for Small Business for simple to complicated payroll processing, reconciliation, and management. We hold a diversified portfolio of managing payroll and different jobs for small, medium, and large businesses. Our custom Payroll Outsourcing Services for small business tailor the solution to maximize the ROI of small businesses with efficacious payroll administration, processing, and management. Our complete payroll outsourcing services will handle all or predefined jobs depending on customized payroll processing solutions. We also follow all compliances, taxation rules, statutory regulations, and other standards to manage payroll records, process them and reconcile the records to aid in releasing salary on time and gain other benefits.

Our Expertise

Record Maintenance

  • Record maintenance includes two main factors:
  • Master details: Setting up Master Payroll file including Employee ID, Employee personal details, educational qualifications, Increments, perquisites entitlements etc.
  • Transactional details: Employees attendance, advances, statutory deductions etc.

Payroll Preparation and Cost Analysis

  • Payroll calculation for each employee includes the computation of Gross Pay, Net Pay, employment tax, Social Security Deductions and other statutory deductions as per the law of the country. Here the detailed payroll analysis is to be availed for the cost analysis to the company

Submission of Payroll Returns & Statement to Authorities

  • Our Online Payroll Services for Small Business includes online submissions of employee related compliance statements including tax payment to various authorities such as revenue authorities, social security authorities and other authorities before statutory deadlines of the country.

Salary & Pay slip

  • Processing net salary transfer to the bank accounts
  • Preparation of Pay slip for each employee having detailed breakdown of the deduction as required by the law of the country and deliver it to them on their communication ID

Reports

  • Weekly/monthly payroll reports based on your needs
  • Manually/electronically filed Payroll returns
  • Check stubs/pay stubs for the client
  • Issue of Form W-2 and 1099s after completion of year.

Simplify employee payroll management with expert outsourced payroll services catered by the top payroll management experts

Accurate employee personnel and transaction recording management will help in keeping data processing and salary calculation jobs easier. Payroll management is time intensive and tedious to manage daily, but our payroll outsourcing services will handle the painstaking job of managing employee details, perform efficient payroll preparation, salary processing and filling payroll returns.

Compensation and compliance management by religiously following the best practices is our expertise.

Our payroll processing and management will cover end-to-end payroll processing such as salary calculation, deduction, and return filing.

You will have real-time access to payroll-related data and documents via a digital means to access and review them at any time to keep full control and ownership of the data in your hand.

Payroll Outsourcing Services will include rectification of payroll processing errors, bifurcation of tax accounts, wrong deductions, discrepancies between gross pay and monthly salary, and other accounting inaccuracies.

Our experience and portfolio cover diversified industry verticals like nonprofits, healthcare, hospitality, food and beverages, retail, eCommerce, manufacturing, small businesses, and more.

We only partner with the best