How does the monthly payroll process work for Payroll as a Service?

How does the monthly payroll process work for Payroll as a Service?

With Native Teams’ Payroll-as-a-Service (Paas) model, a standardised six-step process ensures accuracy and compliance every month:

  1. Input collection: Employees submit monthly updates (overtime, expenses, etc.) through their portal.
  2. Employer review: You review and approve these submissions via the monthly inputs feature. You can also submit the inputs directly on behalf of your employees. 
  3. Payroll calculation: Native Teams processes the approved data and uploads a full payroll breakdown.
  4. Final approval: You perform a final review and provide commercial approval for the payroll cycle.
  5. Documentation: Native Teams produces the finalised payslips for your employees and the salary declarations required for your corporate records. Once approved, you then execute the bank transfers to your staff.
     

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