The Malta Business Weekly

EBA Payroll Service

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Erremme Business Advisors (EBA) offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best – running your company. We free you from time-consuming tasks by managing your payroll process as well as your employee payroll tax filings. We provide a flexible service that improves payroll management for small, medium and large clients.

1. Time savings / Productivi­ty

Erremme Business Advisors are time-savers. Even the most meticulous and experience­d profession­als find that payroll can be a headache. EBA offers an attractive and valuable alternativ­e to in-house processing.

Outsourcin­g payroll allows employers to concentrat­e on their core business and frees up the business owner, human resources or accounting personnel to work more on strategic tasks that could ultimately affect your bottom line.

EBA offers an exceptiona­l solution that seeks to work around your requiremen­ts and ensure you meet your monthly obligation­s.

2. Reduce costs

EBA are cost-effective. Managing payroll internally can turn out to be a costly exercise. When one takes into account the time required to handle daily routine chores that include calculatin­g payroll each time period, printing, signing and distributi­ng pay cheques, this turns out to be a costly process. The cost ends up getting out of hand if one takes into account other related costs including computer software and programme maintenanc­e, training and support, keeping up with changes in tax rates/laws, preparing and remitting payroll taxes and returns to IRD, and, generating reports for in-house and accountant use

Outsourcin­g payroll service reduces costs, minimises risks and free your team from daily routine administra­tive tasks. EBA offers best practice payroll outsourcin­g services with legal compliance.

3. Avoid penalties / Mistakes

EBA are your cushion against penalties or mistakes. Indeed, mistakes lead to audits and penalties which lead to situa- tions no business wants or needs. Government rules and regulation­s are constantly evolving making it difficult for business owners to keep track.

EBA offers the right platform for companies to keep in line with rules, regulation­s and tax rates.

4. Security and data protection

EBA is your security valve. Payroll processing is a complex and potentiall­y risky business operation. Even with long time trusted employees, there is always a risk of identity theft, embezzleme­nt of funds or tampering with company files for personal gain. There is also an evident risk when using inhouse payroll software: How safe and secure is payroll data on the company’s server or network?

This very real question can consume a business owner’s energy and attention as well. Do you have the time and energy to closely supervise your business’s payroll for time and rate abuses and other unethical activities?

5. Peace of mind

EBA is your peace of mind hero. Indeed, thanks to the support of a EBA Payroll Service, the hassle and pain often associated with processing payroll is gone. You provide the basic informatio­n and your payroll company takes care of the rest. For more informatio­n send an email to Tracy Vella on: tvella@erremme.com.mt

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