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Outsourced Payroll - A Single African Cloud Software Solution

Outsourced Payroll - A Single African Cloud Software Solution

PaySpace is the leader in online Payroll and Human Resource software, offering services in 37 African countries. Because of the products ability to house multiple legal entities across various countries on a single, consolidated platform, multi-national companies have seen major cost and time saving benefit in centralising their people data for their distributed African operations on PaySpace.

PaySpace has rapidly expanded this business in recent times by constantly looking at innovative best practices to advance the service and to meet the considerable demand within the expanding African business environment.

Aligned to expansion within its African division, PaySpace is affiliated to numerous world renowned firms with in-country footprints virtually throughout Africa. They bring knowledge, experience and a reputation to align with specialist periphery services required within a fully outsourced payroll function. These periphery services include but are not limited to registrations, submissions and payments. PaySpace now offers a full end-to-end outsourced solution at very competitive rates.

PaySpace CEO Bruce van Wyk says "We recognise that when a payroll is situated in Africa, a higher level of local expertise and presence is required to get things done timeously and correctly, mostly because online submission and banking services don't exist. Outsourcing this function while having the processing underpinned by a single platform, greatly reduces cost but also allows our customers to centralise their multi-country payroll requirements and operate on a macro scale. They no longer have to manage multiple local vendors in each country to handle their processing or submission requirements and try and consolidate their payroll and HR data at head office. Instead, customers have a single point of contact and we engage with the necessary parties if and when necessary".

"Through our extensive network, PaySpace ensures local compliance and provides accuracy for home and shadow payrolls as well as all tax calculations required in each country. We understand and adhere to all necessary monthly and year-end tax processes, providing assurance that all components of compensation are included. PaySpace also provides country specific legislative reports for submission purposes. Even though we do the work in terms of administrating all payroll requirements, the major benefit for the customer is that we have bridged the gap of legacy outsource processes in that the client no longer works on a request and respond basis, instead, they have real-time access to their people data at any time," Van Wyk adds.

"PaySpace has been a major player in our drive to compliance throughout Africa. Without PaySpace we would still be paying fines, dealing with labour courts and most importantly our employees wouldn't be as happy as they are now. With a total workforce in Africa of almost 3000 employees we went from over 100 queries a month to a maximum of 3 with majority of months with no queries at all. Our data is inputted at source in each country, centrally overseen in South Africa and finally signed off in Switzerland. PaySpace has proven not only to provide what they promise but go beyond what is required to assist in any way possible. We will now expand with PaySpace into Europe and apply the same efficiency, professionalism and compliance as we have in Africa." - Boart Longyear, using the PaySpace platform in 23 African countries and have recently implemented PaySpace HR and ESS functionality in a further 10 countries in the Middle East, Europe and Asia.

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