Payroll management in a business enterprise is subject to the rigors of human resource inventory planning, salary and wages estimation and evaluation, compliance with legal and statutory norms and adherence to labor laws and reforms. The execution of payroll management thus has to take place in an environment that is routinely exposed to issues of technology, costing, efficiency and compliance. In a world driven by globalization and technology that enables companies reduce staff headcount and costs by outsourcing, payroll management calls for efficiency and precision of the highest order.
Mazars Wiscon Associates, through its expertise and experience in handling matters of auditing and tax consulting services in Tanzania administers payroll management with clinical efficiency to enable clients focus on top line, bottom line and shareholder value creation while leaving payroll management hassles to us. The firm offers payroll management services of the highest standards to clients. Mazars Wiscon Associates has the right people with the right expertise, experience and attitude along with the right processes and technology to bring top-notch professionalism to the job.
The firm offers highly customized services to its clients to address institutional challenges and resolve issues to enable them adhere to compliance to business regulatory norms, industry best practices and financial planning for payroll planning and management.
Mazars Wiscon Associates enables its clients in Tanzania to reduce resource, time and effort engagement in payroll management while suggesting ways to reduce payroll costs and optimum allocation of financial resources for staffing. To this extent the firm enables clients to synchronize payroll management with internal audit and tax compliance. Mazars Wiscon Associates envisions its role in payroll management within the framework of auditing services and tax consultancy in Tanzania. The firm executes all the functions that fall under the purview of payroll management.
The list of functions that the firm performs under the head of payroll management consists of but is not limited to the conduct of employee background checks, human resource intelligence, employee time clock management, human resource process support and outsourcing, income verification, management reporting services, payroll processing, tax planning for employees, workers’ compensation plan management, payroll card management and productivity linked pay management.
Highlights of the payroll management services offered by Mazars Wiscon Associates in Tanzania are as follows:
- Employee attendance management
- Background and income verification of staff
- Salary management of staff
- Income tax management of staff
- Resolution of double taxation, cascading effects and tax refund
- Corporate staff budgeting and staff expense management
- Compliance with business regulatory norms
- Leave management of staff
- Incentive management of staff