Archive of News
Payroll for expansion
- Published on 4 Oct 2012
- HR Pulse News Desk
Businesses, which are expanding into Africa, should either send South African staff to these other countries or open an operating entity in that country with SA staff members.
Gerhard Hartman of VIP Payroll comments:
“Either way, companies face challenges in expanding into Africa, especially in setting up their auditing and taxation systems, and accounting and payroll systems, and being able to comply with the local legislation of that African country.”
He explained that companies have to partner up on the auditing side to assist them in complying with local legislation and practices. They also need to implement payroll systems to pay their staff effectively.
IT News Africa reports:
‘In response to this trend, and in an attempt to aid local companies in their expansion plans into Africa, Sage VIP Payroll has partnered with BDO Audit, Advisory and Tax services and Sage Pastel Evaluation to provide local companies with all they need when entering a new country of operation.’
“Companies in Africa are beginning to realise the importance of automation and how VIP Payroll can help them make more informed decisions which create more efficient environments for company growth and return on investment,” relays Hartman.
Hartman concludes:
“Salaries continue to be one of the biggest expenses in any organisation. The market for employment is becoming more competitive, making HR part of any company’s strategic advantage. VIP Payroll provides an integrated solution for any size business to manage salary payments and HR strategies. The system enables statutory compliance with local authorities in other African countries and local support is provided through alliance partners in the country of operation.”
