On Bayzat Benefits you can manage your entire payroll process all online. Payroll is divided into 3 core features, you can choose to use all features or only those that fit your internal company processes.
1 - Payroll Management
Payroll management includes the following activities you can prepare and run on the platform:
- Salary calculations and adjustments to include basic, allowances and any other salary components on your payroll table every month
- Closing payroll when needed for (1) all employees, (2) individuals/groups at different times of the month, (3) certain components of salary payments only
- Generating SIF files for any closed payrun to be processed via WPS
- Generating Payslips upon closing payrun
2 - Expense Management
- Submitting and approving reimbursements throughout the month to be added to individual employee salaries or paid in advance of a pay cycle all stored and managed online
- Recording and managing all deductions, both one time and recurring of any time you set up for your company
3- Payroll Processing
- Utilizing our Bayzat/UAE Exchange partnership to process and pay out salaries to employees on a monthly basis at no cost.