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Payroll Service/Outsourcing: Vital Choice to Increase Business Agility Therefore, Payroll Service and Payroll Outsourcing are the instant solutions that many organizations prefer. In case of miscalculation and other mistakes, companies must bear the negative consequences that may follow, which might severely affect both the company and its employees. Usually, the payroll or salary calculation is completed through general calculation programs, which have a high risk of miscalculation and mistakes in payment details.
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However, carrying out a payroll process can be extremely complex, as each employee has different conditions and agreement details, such as income type, over time (OT) rate, commission rate, tax calculation, social security requirements, and other expenses or deductions. Generally, the payroll process involves and falls under the responsibility of two departments: the Human Resource (HR), and Finance. Salary is one of the most confidential information in every organization that cannot be revealed to any employees.