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Our multinational expatriate payroll service is a business
process outsource (BPO) solution that manages any or all aspects of
international
payroll(s), expatriate accounts payables, tax compliance, accounting,
treasury, and information management. Each of these functions is tightly
integrated through specialized technology, strong process-mapping and
careful workflow design. The service facilitates home and host country
tax compliance and substantially reduces the hours and expense generally
incurred for multi-country, multi-source payroll reconcilements.
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Our expatriate payroll service is available as part
of our multinational local payroll service, or as a stand-alone service
for companies that only require a solution for complex expatriate pay
and reporting. The service will add tremendous value to companies that
administer international assignments using internal staff and/or to
companies that outsource the function to a 3rd party firm that lacks
global payroll capability.
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Combined with our expert, service-oriented staff, we deliver
results:
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Control over expatriate payroll and costs |
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Streamlined operations and information flow |
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Strong controls and transparency |
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Compliance – home and host locations |
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Accuracy and reliability |
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Powerful management information |
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Secure, accessible, multi-lingual ASP - for HRIS, Payroll, Benefits,
Recruiting |
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Reduced overall costs |
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Client solutions may include selected payroll activities
or a full suite of integrated expatriate payroll services. For example:
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Local payroll bureau set-up, 3rd party set-up |
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Calculate payroll(s), payroll taxes, deductions, gross-ups |
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Calculate funding requirements in one currency or several |
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Disperse funding to payroll bureaus and/or employees, taxing
authorities, pension plans, landlords, other suppliers |
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Reconcile payroll cash account(s) |
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Deliver electronic or paper payslips |
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Upload payroll details from home & local payroll agents and
3rd parties into global ASP, including split pay, allowances, tax,
relocation… |
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Download to payroll, as required, to accomplish global statutory
reporting requirements |
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Update earnings to meet global reporting requirements |
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Execute regular company reporting requirements including end
of year routines |
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Ongoing service to client and employees |
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Ensure compliance with changes in local regulatory requirements |
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Provide various standard and company designed reports for human
resources, finance and treasury functions, through upload to client
system, self-service reporting, or prepared and delivered to client
in preferred format |
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To learn more about our expatriate payroll service, or
to discuss selected payroll services, please contact
Expaticore at
(212) 239-2625, or info@expaticore.com
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To further enhance the functioning of assignment management
operations, please read about our consulting and administrative
services. |
