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In house managed payroll processing has always been a time consuming process in an organization to ensure timely and accurate payroll deliverables. Payroll administration would need, as its underlying platform, well tested and comprehensive Human Resources software, supported by a strong track-record across multiple industries and over many years of processing. It is also important that the solution be from a reputable company with strong financial standing and client testimonies.

Working with the right outsourcing company is an important element in the success of outsourcing your payroll. A company that understands the underlying issues faced with payroll processing which is able to seamlessly take on all administrative tasks from you, freeing you to concentrate on making more critical business decisions while still giving you absolute control over your payroll data.
 
CONVENTIONAL PAYROLL PROCESSING CONSTRAINTS
Endless Data Entry
Data entry is a time-consuming process. Outsourcing your payroll to MCSB could free up your staff time to pursue more important value-added and revenue-generating revenue.
Paycheck Transfer
Issuing cheque to individual employees could create major hassle for Finance Department . With MCSB payroll outsourcing, we provide hassle free direct deposit to various banking institution in Malaysia. Employer no longer needs to brave through the time-consuming and error-prone paper handling and the need to reconcile individual payroll cheques every month.
Report Printing
In HR environment, generation of reports could not be avoided. All reports need to be kept in storage for a minimal of seven years before it can be disposed. All the cost incurred in this process is beyond your expectation.

With MCSB Payroll Outsourcing, we provide the flexibility to organization to opt for softcopy version of the report or hardcopy version depending on their preference.

Frequent turnover of payroll staff
In an organization where the HR executive needs to juggle from interview, recruitment, training, evaluation and the most crucial area; payroll, it is never a bed of roses. When one experienced payroll staff resign from your organization, he/she will take along the experience gained and this will causes retraining issues to ensure your new payroll staff could generate the payroll timely and accurately.

Deadlines and Penalties
Missing of deadlines or incorrect filing often leads to penalties in statutory obligation. HR personnel has to be on their toes every day to ensure all the required reports is submitted on-time.

With the expertise MCSB Payroll Outsourcing provides, we will transfer the deadlines to our calendar. The statutory reports would be ready for submission before the deadline arrives.

Technologies and Statutories Updates
Statutory obligation ruling is ever changing to cater the economy changes. The current software applied in your organization may be obsolete in no time with the new hardware/software changes happening every now and then. To ensure organization apply the latest version of payroll software, it requires huge investment.

Payroll outsourcing powered by MCSB would be the best solution for organization to keep up with up with the ever changing pace without the need for software upgrades or a direct investment. This will also eliminates the cost of maintaining the hardware resources required to run your payroll.
 
 
 
 
 
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