Pendylum's Managed Payroll Services offer a comprehensive solution for businesses seeking to streamline their payroll processes. By outsourcing payroll tasks to Pendylum, companies can ensure accurate and timely employee payments, maintain compliance with Canadian federal and provincial payroll legislation, and focus more on core business activities. Pendylum's team of payroll experts handles all aspects of payroll processing, including employee payments, government remittances, and year-end reporting, providing a hassle-free experience for businesses of all sizes.
Key Features and Functionality:
- Comprehensive Payroll Processing: Pendylum manages the entire payroll cycle, from receiving payroll details to processing payments for employees, government agencies, and third parties such as garnishments, benefits, and union dues.
- Easy Onboarding: The service includes a smooth and convenient employee onboarding process, ensuring quick and efficient setup for new hires.
- Government Remittances and Year-End Processing: Pendylum handles all payroll-related payments and reporting requirements, including CRA/RQ provincial and federal deductions (CPP/QPP, EI, Income Tax, garnishments (e.g., family support, workers' compensation (WCB/WSIB, Records of Employment (ROE, and year-end forms and reporting such as T4s and R1s.
- Compliance Assurance: The service ensures 100% compliance with federal and provincial Canadian payroll legislation, helping businesses avoid penalties or interest fees.
Primary Value and Problem Solved:
Pendylum's Managed Payroll Services alleviate the complexities and time-consuming nature of payroll processing for businesses. By outsourcing payroll functions, companies can reduce administrative burdens, minimize the risk of errors and compliance issues, and ensure employees are paid accurately and on time. This allows businesses to focus on growth and strategic initiatives while having confidence that their payroll operations are handled by experienced professionals.