Payroll Expertise
With Speed And Efficiency
Flexible and cost-effective payroll solutions for small and medium businesses - that equip you with all the information necessary to run your business.
Payroll Essentials: What You Need to Know?
In today’s complex and competitive economic environment, it is essential to get the most out of your payroll functions. You may still face some concerns
Manual
Processes
Manual payroll accounting can be an error-prone activity leading to loss of critical data or penalties for non-compliance. A single incorrect entry can result in an inaccurate record and finding the source of such errors can be a long and tedious.
Temporary staff shortages
If your business faces shortage of right human resources on and off, it can lead to gaps in processes and add confusion and inefficiency into finance and payroll operations.
Non-compliance and Wrong Information
With dynamic business environments and new rules and regulations, it is hard to stay updated and be in compliance.
Delivering Efficiency with a Smart Payroll Management Solution
A Payroll Management Solution that is integrated, flexible and automated - managing your monthly payroll processes smoothly. Whether you are a start-up, small or mid-size firm in UAE; our state-of-the-art payroll solution is designed in such a way that it can easily incorporate your payroll policy and execute the payment cycle as per your requirements. We enable this by
- Building a smart and process-based system
- Adopting best practices that help enhance efficiency and ensure compliance
KPI's Payroll Solution
Automated System
Automated calculations of pay runs and generation of reports as per schedule
GCC Compliant
Customized according to latest Laws of gratuity, insurance, service benefits and WPS and other regulatory requirements
Cloud Based
Ability to access the software anytime and anywhere for easy employee self-service
Expert Assistance
We understand the ins and outs of payroll and assist you in improving processes & eliminating paperwork
Payroll Services:
What We Offer?
- Maintaining payroll information relating to all employees
- Salary processing including OT, Bonus, Reimbursements Incentives and employee leave management
- Preparation and delivery of pay slips of every employee as per the desired format
- Preparing salary transfer letters to the bank or processing salary through online payment system
- Preparing accrual reports
- Calculation of statutory gratuity payments & end-of-term settlements for termination, probation and end of employment period as per the UAE labor law
- Wage Protection System (WPS) payments and setup assistance
Have Specific Questions?
Speak to our experts who can guide you in the right direction and help you to stay ahead
How we offer you best Payroll Outsourcing services?
Consultation Meeting
Information gathering and understanding client’s requirements
Agreement of the Service Levels
Analyzing regulatory requirements and explaining the nature and frequency of services
Appointment of Dedicated Personnel
Assigning a dedicated point of contact
Submission of Documents by Client
Copy of Trade License, Memorandum of Association & Manager’s Passport, Visa and Proof of Address, Labor Contracts and complete details of each employee (as per prescribed format)
Preparation of Reports & Review
Producing accurate & timely reports as per the service level agreement and tailoring the reports as per client’s requirement, followed by audits and periodic reviews
Benefits of a fully tailored and comprehensive approach for your Payroll Needs
- Bonus, Overtime and Incentive Management
- Keeping up with salary payouts and on-time processing
- Benefits Administration
- Leave Management
- WPS Assistance and Support
- Passport / Visa expiry / Important Information Alerts
- Complete Payroll process, including issuance of pay slips
- A variety of customizable payroll management reports
Frequently Asked Questions
KPI’s smart and automated Payroll Solution offers businesses some unique advantages like:
- - Capture thousands of employee detailed record with quick onboarding process in cloud based system
- - Automated provision & accrual reports based on GCC employment contracts
- - Flexibility of integration with other devices
- - Rigorous local compliance
- - Analytical system based reports can be exported in multiple formats i.e. excel, csv, pdf etc.
Wage Protection System or WPS is an electronic system implemented by the central bank of the UAE to protect employees and safeguard their monthly wages. Under WPS, the employees are paid salaries/wages through banks and exchanges. WPS ensures guaranteed protection of wages and smooth running of payroll cycle.
At KPI, we use a cloud based system - Oracle NetSuite to maintain Payroll records and generate relevant Payroll reports.
Yes KPI’s payroll management services can assist you. We can manage payroll for 2 employees to thousands of employees and single system can be used for multiple jurisdiction payroll processes. Our expert team helps all business across various industries with their unique requirements.