AmCham Slovakia

Payroll outsourcing involves the transfer of all payroll-related tasks from a company's internal team to an external service provider. This includes payroll data management, payroll calculation, payslip generation, communication with authorities and third parties, and providing payroll consultancy. 

What Do We Offer in Payroll Outsourcing?

• Payroll Record Keeping and Data Management: Managing basic payroll data of employees, recording absences, and other essential information required for payroll calculation.
• Payroll Calculation and Processing: Conducting payroll closing and calculations, processing monthly, quarterly, and annual payroll outputs.
• Post-Payroll Processing Services: Generating and distributing secured electronic payslips, providing payroll outputs in compliance with legislation.
• Communication with Third Parties: Creating mandatory payment outputs, filing reports, and communicating with pension funds and insurance companies on your behalf.
• Consultation and Advisory Services: Offering payroll-related consultancy via our proprietary portal solution ESP or other agreed interfaces, supporting external audits and government inspections.

Why Is Payroll Outsourcing Beneficial for Companies?

• Cost Savings: Reducing costs associated with maintaining an internal payroll department, including employee training and software purchases.
• Reduced Administrative Burden: Freeing up internal resources that can be redirected towards core business activities.
• Protection of Sensitive Data: Enhancing the security and confidentiality of payroll information.
• Risk Diversification: Ensuring continuity of the payroll process regardless of employee absences or resignations.

Advantages of Partnering with Us:

• Current Legislation Compliance: Continuously monitoring legislative changes and incorporating them into our system.
• Technological Expertise: Integrating with various software systems and collaborating with attendance system providers.
• Experience: Providing payroll services since 1991, not only in the Czech Republic but also in other Central and Eastern European countries.
• Control: Offering online access to personnel records and monitoring of processed data.
• Substitutability: Ensuring uninterrupted payroll processing regardless of the absence, vacation, or resignation of payroll accountants.
• Branch Network: Ability to process payrolls for employees across different tax jurisdictions through our Czech and European branches.

 
Payroll outsourcing is becoming an increasingly popular solution for companies seeking efficiency, cost savings, and high expertise in payroll accounting.

Elanor Group is ready to provide professional services that ensure satisfaction and peace of mind for our clients.

 
For more information, please contact us at jakub.ivanic@elanor.sk or call +421 220 839 563