Many organizations choose to outsource certain business functions in order to save time and money for employers, as well as utilize the expertise and experience of a specialized organization that can dedicate all of their time and resources to specific tasks.
One such department that can be outsourced is Human Resources or HR. HR normally refers to the division within a business that is responsible for finding, screening, recruiting, and training job applicants, as well as administering employee benefits. Several, if not all of these tasks, however, can be outsourced to an external organization that is specialized specifically for these tasks. OS HRS is one such organization based in Malaysia that offers HR outsourcing services.
Human Resource and Payroll Technology
One of the benefits of outsourcing HR services is that you gain access to the outsource companies’ technology and platforms. These human resource and payroll technology platforms are often far more advanced and elaborate than any system that could be created from scratch in-house. OS HRS’s HR and Payroll Technology platform offers a comprehensive employee self-service module, automated payroll processing system, multi-language and multi-currency support, seamless integration with top software systems, and up-to-date global compliance expertise.
Global Payroll Managed Services
In terms of how payroll is categorized in business, sometimes it is categorized under HR, other times under finance, and at other times it is its own category. OS HRS are global payroll experts that can help simplify global payroll operational complexity. Their service guarantees proactive compliance with the latest statutory developments, accurate and timely payroll processing, filing and treasury services, dedicated account managers, and multi-language customer service support. Outsourcing payroll can be an excellent way to save time and money for an organization.
Global Compliance Expertise
One advantage that OS HRS has over most organizations is their expertise in statutory compliance. The statutory compliance unit tracks multi-country HR, tax, and other such regulatory updates so that organizations do not have to. Statutory compliance changes on a monthly basis and is a fast-moving area of law therefore it is important to comply with such updates during each payroll cycle. Some of the benefits from this solution are of an accurate and compliant payroll, weekly updates sent to inbox and a team of experts to answer any queries.
HR Advisory and Analytics
Within global HR and payroll data, there is a wealth of data that can be gleaned from this information to improve other business processes and functions. Using OS HRS’s single HR technology system allows organizations to aggregate data at national, regional, and the global level instantly. Other benefits include customizable dashboards according to your needs as well as automatic statutory reporting.
As you can see, OS HRS offers a myriad of benefits and advantages if you were to employ their services. Contact OS HRS now if you’re looking for HR Outsource services in Malaysia.