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Managed Payroll Solutions for Enterprise

(101+ Employees)

When it comes to outsourcing payroll for companies of this size, while the costs remain a key driver in the decision making process, other factors become increasingly more important.

Factors such as confidentiality of information, business continuity planning, reporting, quality controls, and bespoke reporting are all valid considerations for companies that require their outsourcing partners to comply with their internal procurement requirements.

Our Managed Payroll Solution offers the following features as standard:

BDO is regulated by the Institute of Chartered Accountants in Ireland (“ICAI”)and are subject to their regulations concerning client confidentiality.

Business Recovery Centre in Sandyford provides BDO with alternative office facilities to enable us to recover our critical business functions and to minimise loss, in the event of an interruption to our primary business location.

BDO operate under strict internal controls to ensure the quality and accuracy of our payroll processing service. These controls are audited externally by our clients and are internally audited to meet with SAS70 standards.

We provide all of our clients with standard reports, such as Company Analysis, Cost Centre Analysis, Pay-Path transactions and Gross to Net. We are also able to provide bespoke reports and journals to satisfy your SAP requirements if requested.

General Features of our Managed Payroll Service:

• Variable Fee Pricing – Charged per employee per period
• Weekly, Fortnightly, 4 Weekly, Monthly, Twice Monthly & Quarterly Processing 
• Unlimited number of employees, pay elements, deductions, cost centres, or departments
• Calculation of all aspects of PAYE / Employee and Employer PRSI including Notional Pay (Benefit In Kind, company cars etc.)
• Submitting Revenue forms - P30 and P45
• All appropriate payroll reports including: Company Analysis, Cost Centre
• Analysis, Pay-Path transactions and Gross to Net
• Bespoke Reports & Journals compatible with SAP
• Itemised Security Payslips
• Electronic payment of salaries to the employee’s bank account
• Employee’s net pay may be distributed over several bank accounts
• Complete confidentiality
• Full Disaster Recovery Systems
• Internal Controls and Procedures to SAS 70 standard
• Year end compliance - P35, P60
• CSO Filing

For more information on our variable fee model for small firms, please contact us.