Value Proposition
"3TF’s client driven solutions deliver value – - saving time and money, with increased compliance.".
By outsourcing your payroll functions to 3TF, your company can save in two very important areas: Time and Money. Companies have to comply with statutory PAYE tax withholding requirements and by outsourcing payroll administration and processing functions, they are paying for a service and are not burdened by huge “overhead” costs.
Value of Service Offerings to Government
- Compliance, accurate reporting and filing of appropriate tax information
- Reducing operational costs for tax audits and fees charged by audit firms
- Increased awareness of statutory requirements and tax obligations through disseminating tax updates, best practices, and compliance to clients and employees
- Up-to-date statutory information to clients via web portal and monthly newsletters
- Tax reporting and historical data on taxes and payroll information
Value of Service Offerings to Employers
- Consistency of data input
- Reduction in payroll errors
- Single view of all payrolls
- Financial control, planning and analysis
- Direct reporting into General Ledger system
- Enables changes to budgets or cost centres
- Excellent reporting tools
- Expat payroll processing
- Compliance processes and systems
- Simplifies mergers and acquisitions
- Software-as-a-Service (SaaS)
Value of Service Offerings to Employees
- Employees can view pay slip and pension contribution history
- Pay slips can be securely accessed by employees online via the iiPAY GPMS self service functionality.
- Prompt updates on payroll information making employees feel informed and valued
- Salary payments into multiple accounts
- Availability of online Gross to Net (G2N) calculator
- Statutory updates on regulatory changes that affect employees available online
- Service offerings that increase employee morale and performance
