Payroll Outsourcing Services for Singapore Businesses of All Sizes
With Omni, you gain more than just a service provider; you acquire a devoted partner dedicated to supporting your business’s success.
Omni: Your Trusted Payroll Partner
Are you spending too much time every month on payroll?
Navigating the intricate landscape of payroll regulations in Singapore can be a daunting task, given its complexity and frequent amendments. Keeping pace with ever evolving payroll requirements and intricate employee stipulations poses a challenge, particularly if local labor laws are not your forte.
Collaborating with a seasoned payroll services provider in Singapore guarantees your company's adherence to compliance standards while ensuring consistent and timely compensation for your employees.
All IN ONE PLATFORM
Omni: Your Trusted Payroll Partner
Our devoted team of payroll specialists is committed to delivering accurate and timely payroll processing, ensuring complete compliance with Singapore’s intricate payroll regulations.
We offer meticulous payroll outsourcing services tailored to meet the unique demands of your business, ensuring a seamless payroll process that adheres to Singapore’s specific requirements such as employee Central Provident Fund (CPF) contributions, IR8A form submissions, IR21 tax clearance, Government-Paid Leave (GPL), National Service Make-Up Pay (NS MUP), and CPF refunds.
From
S$25/month
Our completely transparent pricing plan starts at S$25/month.
Free implementation
We can get you up and running in as little as 1 week.
Why Entrust Your Payroll to Omni?
Outsourcing your payroll to Omni not only guarantees adherence to Singapore’s stringent payroll regulations but also liberates your internal resources. This transition allows you to channel your focus towards core business operations, fostering growth and innovation.
Benefits of Payroll Outsourcing
Unwavering Compliance
With a team of seasoned payroll specialists, we ensure your payroll is processed accurately, adhering to the legal mandates of Singapore including CPF contributions, IR8A, IR21, GPL, NS MUP, and CPF refunds.
Cost Efficiency
Eliminate the overhead costs of your in-house payroll software and personnel, resulting in substantial cost savings for your business.
Time Savings
Entrust your payroll to Omni to liberate your team from the administrative burden of payroll processing and dedicate more time to strategic business activities.
Benefits of Payroll Outsourcing
Robust Data Security
Employing state-of-the-art security measures, we safeguard your payroll data against unauthorized access and data breaches.
Real-Time Reporting
Gain actionable, real-time insights that aid in informed decision-making regarding your workforce and financial planning.
Instant Remote Access to Payroll
View your payroll from the cloud 24/7 in real-time, ensuring you have access to crucial payroll data whenever needed.
How Omni Payroll Outsourcing Works
Transitioning your payroll management to Omni is a streamlined process designed for accuracy and efficiency. The initial step involves the secure transfer of your employees' essential information to us, including details like hire dates, job titles, and pay rates. With this data in hand, Omni takes on the responsibility of accurately computing each employee's pay, ensuring timely disbursement every pay cycle.
Singapore payroll services
Salary and CPF Calculations:
We meticulously compute the gross to net salary and CPF contributions for each employee, adhering to the prevailing statutory guidelines.
Detailed Reporting:
Provision of comprehensive payroll detail, variance reports, and payroll journals to keep you informed and facilitate financial planning.
Year-End Tax Documentation:
Omni provides you with all of your necessary year-end IR8A forms and appendices in your preferred format, ensuring you're well-prepared for tax season.
Singapore payroll services
Salary Disbursement and Payslips:
We manage the disbursement of employees' net salary and CPF contributions, along with issuing confidential payslips either in hard copy or electronic format, as per your preference.
Regulatory Compliance Documentation:
Preparation of essential forms such as IR21, GML, NS MUP, CPF refund, and government statistics forms in compliance with the Singapore Employment Act.
Electronic Leave and Expense Management:
Our platform facilitates the electronic administration of employees’ leave and expense claims, streamlining crucial HR processes for seamless benefits management.
Regional Payroll Services
We also offer payroll outsourcing services in over 20 countries and regions, including:
Indonesia, Thailand, Taiwan, Australia, New Zealand, Philippines, Malaysia, Hong Kong, India & many more.
Trusted by modern teams
Frequently Asked Question?
Your payroll outsourcing questions answered
Payroll outsourcing is the practice of delegating your company’s payroll management to an external service provider. This includes processing monthly payrolls, managing tax deductions, ensuring compliance with local statutory requirements, and handling other payroll-related tasks.
Pros:
- Compliance Assurance: Ensures adherence to local statutory and tax requirements.
- Cost Efficiency: Reduces overhead costs associated with in-house payroll management.
- Time-Saving: Frees up time for your internal team to focus on core business activities.
- Expertise Access: Provides access to specialized payroll expertise.
- Real-Time Reporting: Offers insightful, real-time payroll reports.
Cons:
- Less In-House Control: Less direct oversight over the payroll process.
- Dependence on Service Provider: Reliance on the external provider for accurate and timely payroll processing.
Absolutely! Omni’s payroll services are tailored to meet the needs of businesses of all sizes. Our services ensure compliance, accuracy, and efficiency in payroll processing, allowing small business owners to focus on growth and other critical business operations.
Outsourcing payroll means entrusting your payroll management tasks to an external expert or service provider. This includes processing employee salaries, managing tax deductions, ensuring compliance with local regulations, and handling other payroll-related administrative tasks.
The cost-effectiveness of outsourcing payroll versus in-house management varies based on the size and nature of your business. Outsourcing can significantly reduce overhead costs, ensure compliance to avoid penalties, and save valuable time that can be channeled towards other business operations.
We utilize our proprietary HRMS (Human Resource Management System) software that ensures accurate, efficient, and compliant payroll processing. Our software also provides real-time reporting, allowing you access to insightful data at your fingertips.
A reputable payroll services company should offer:
- Monthly payroll processing
- Tax deductions and submissions
- Compliance with local statutory requirements
- Real-time reporting
- Employee self-service portals
- Year-end tax form preparations (e.g., IR8A)
- Government-Paid Leave (GPL) and National Service Make-Up Pay (NS MUP) claims processing
- CPF contributions and refunds processing
Our comprehensive payroll outsourcing package encompasses monthly payroll processing, CPF contributions calculation, year-end IR8A form submissions, IR21 tax clearance, Government-Paid Leave (GPL) claims, National Service Make-Up Pay (NS MUP) claims, CPF refunds processing and more.
In addition to our adherence to strict confidentiality and privacy policies, we employ robust data encryption and secure servers to ensure the utmost protection of your payroll data.
Transitioning is simple. Contact us today, and our team will guide you through a seamless transition process, ensuring minimal disruption to your payroll operations.
Absolutely! We offer customizable payroll solutions to cater to the unique requirements of your business.
Let's get your payroll needs sorted. Get in touch with one of our payroll experts today!
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