PAYROLL MANAGEMENT SERVICES
C hoosing a payroll service provider is fraught with danger and is a complex task where the company must ensure that the provider has the ability to pay their employees, determine and deduct the appropriate taxes, furnish General Ledger accounting records and process year-end tax reporting requirements. However, when the payroll is situated in an African country, a different level of expertise is required in order to ensure that the correct tax and statutory deductions are made as well as the successful implementation of a control mechanism to ensure that these deductions are paid timeously to the relevant authorities.
The implementation of a single payroll for all African countries is difficult. However, the competitive advantage which accrues to a company which manages to achieve this lofty objective is great – financial controls are enhanced by having a single payroll provider with one contact and one conduit for cash flow. Consistent with our approach of solving our client’s problems, LFP Payroll was formed to ameliorate the myriad of difficulties experienced when running a payroll in multiple African countries.
Let our dedicated and trained payroll team handle the day-to-day management of your internal payroll thanks to our outsourced payroll solution. Enjoy day-to-day support courtesy of LFP Payroll Management.
We ensure 100% alignment to human resources and legal compliance requirements when handling your payroll.