The typical payroll circulation in the U.A.E. is usually two weeks. That means employees are paid after every two weeks. The work involved in handling payrolls usually depends on the size of employees in a particular company. For example, a company with few employees may start by manually processing payroll, but the same cannot be said for a company with over a thousand employees. Thankfully, there are several payroll services in UAE. That can simplify the process for company.
The top 10 best payroll services for small businesses in the U.A.E. according to human HR managers and firms are:
- Pact Payro
- Wallet HR
- Sage Payroll
Contracting Payroll Experts in the UAE
Sorting out payroll for a small company may not be an easy job. Factoring in things such as advances, day-offs, allowances and more play a vital role in payroll management. Because of this handling several employees can be overwhelming and as a result one can easily make recording errors. According to most established companies in the UAE handling payroll in-house comes with a lot of disadvantages starting with their H.R. getting overworked and confused, especially when they don’t note down transactions immediately.
With payroll services the job is allocated to professional accountants whose main job is to maintain updated and accurate payroll records of your employees. This is regardless of the number of employees working within the company. While an H.R. can forget to make entries and make simple mistakes, payroll services are extremely strict in ensuring that they do not make mistakes that can lead to client losses.
Payroll services tend to be efficient and more accurate because they use technology to monitor and carry out payroll services. There is plenty of payroll software in the market today but not all can adequately handle your payroll needs. With minimal paperwork and proper data storage such software makes it possible to keep track of payrolls that date back several years provided they existed in the system at the time.
A good payroll service will help you handle payrolls and save your business a lot of money. This is because it will accurately make payments to employees regarding their position and how much they should earn. One common mistake that most H.R. managers make is paying the wrong salary to employees by mistake because they were confused by their department or position. Others end up making double payments or forget about advanced payments that were made.
You should know: Fraud Risks In UAE You Need To Protect Your Business From
Looking for a Payroll expert in the UAE? Factors to consider
One of the most important things when it comes to finding the best payroll outsourcing services is support. Note that support plays a vital role as much as you will be using the software, especially if there is a technical error. Without good support, you may end up with problems such as late payments, which can cost you. To be on the safe side, you may want to select a service that has been around for a while. Note that the U.A.E. is a hot spot for scammers due to the rapid development levels taking place in the region. Because many companies seek these services, con artists take advantage by selling fake software. It is your responsibility to make sure that you research from reliable sources like this one before proceeding to purchase.
The cost of Payroll services in the UAE
Payroll services vary from one developer to the other depending on the kind of service being offered. Software that offers more options for employee management like tax services will cost more than software strictly for managing payroll. It is also essential to go for a service that you understand regarding how it works and how it conducts its processes. This makes it easy to know what you are spending money on.
You must read: How Payroll Outsourcing In UAE Helps Businesses In 2021
Payroll Outsourcing Companies in Dubai
It is always a good idea to make sure that your employees are paid accurately and on time. Unless you can take care of the process in-house, payroll service is the best way for you to ensure that you are having a smooth-running company. As for your small business, there are plenty of options for payroll services in the U.A.E. that will make your work much easy. You will also find it more beneficial if you outsource payroll services that offer other employee management services especially if you are dealing with a big number of employees.
We at Payroll Middle East provide such services and are one of the top Payroll Services companies in Dubai.
So if you need to outsource the service contact us today for an initial consultation.