Payroll & HR Services Frequently Asked Questions

Can You Integrate With My Accounting System?

Yes, we are currently integrated with clients’ accounting systems to provide general ledger details for each pay cycle. Depending on the client’s internal accounting structure, general ledger details can be set up for each payroll, entity, country, or on a worldwide basis.

Can You Integrate It With My HR System?

Yes, we integrate with multiple HR systems. We can provide upload data for new hires, terminations, and payroll changes for clients’ employees worldwide.

Do I Need a Bank Account in Each Country?

No, you do not need a bank account in each country unless it is a local requirement. We can manage all of your funding needs. If a local bank account is required, Farahat & Co. can help you set up the account and if requested, can manage the ongoing payments using that account.

How Do You Price Your Services?

We price our services based on three criteria:

  • The Country
  • The number of pay cycles
  • The number of employees per pay cycle.
How Long Does a Typical Implementation Take?

In most cases, implementations take 6 to 15 working days.

I Have Expatriate Employees, Can You Help Me?

Yes, we can! One of Farahat & Co.’s specialties is managing expatriate payroll administration. We can provide cash delivery to expatriates in the home and host countries, home and host country tax compliance, and consolidation of data for year-end reporting. Farahat & Co. has multiple specialists on staff with expatriate payroll expertise to help you set up and manage your payroll needs around the world.

What Is the Typical Background of a Farahat & Co. Employee?

At Farahat & Co., we pride ourselves on hiring and retaining a diverse group of highly talented staff members. Our employees come from top universities around the world, with many speaking a second or third language. To date, Farahat & Co. team communicates with our partners and clients in many languages. Their role is to partner with our clients utilizing a consultative versus clerical approach. Farahat & Co. employees are continuously looking for ways to improve internal processes, technologies, and the overall client experience.

What Type of Clients Do You Support?

Farahat & Co. has clients in a variety of industry sectors including oil & gas, financial services, education, insurance, real estate, technology, and many others.

What Types of Payroll Cycles Do You Manage?

Although monthly payroll is most common worldwide, Farahat & Co. also processes weekly, fortnightly (26 times per year), and semi-monthly (24 times per year). Many countries have additional cycles for vacation and holiday payments, which Farahat & Co. accommodates on a payroll-by-payroll basis.

Will You Handle the Payments for All of My Countries Including Employee, Social Programs, and Local Tax Payments?

Yes. In many situations, we manage the funding needs of our clients including all employee payments, social programs, and local tax payments. This is accomplished in two ways:

  • Clients provide one payment to Farahat & Co. and we handle the currency needs and distribution worldwide.
  • Farahat & Co. obtains a power of attorney over a client’s payroll bank account and we manage the payments.

If a client wishes to distribute the payroll on their own, Farahat & Co. will supply the payment details directly to the client for disbursement.

Will You Work Directly With My Relocation and Tax Providers?

At your request, we will work directly with your relocation and tax providers to support the management of expatriate programs. Farahat & Co. works closely with a variety of relocation and tax providers today with minimal client involvement!

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