Payroll Processing Services

Bestar offers payroll services that can help improve the efficiency of time-consuming tasks. Our cost-effective, compliance-centric, technology-driven web-based managed payroll services help make it easier for businesses to get the payroll services they need at an affordable price, and deliver a high quality and consistent experience to clients and their employees.

We provide full operational payroll support for a specific employee group as well as for the whole organization. Our extensive payroll processing services ensure that clients’ employees are paid timely and accurately; processes are compliance to payroll-related statutory requirements and obligations, and our valued clients are freed up from the administrative hassle of this important but time-consuming task.

Our dedicated team provides the following services:

Our services include:

• Maintenance of payroll records
• Creation of payroll file for new employees
• Processing of employee terminations and resignations
• Enrolment with the Central Provident Fund (CPF) Board
• Monthly payroll processing including computation/disbursement of salary, benefits, bonus, and reimbursements
• Computation and submission of statutory deductions including CPF, Skills Development Fund, and other fund deductions
• Computation and processing of overtime pay for production workers
• Computation of National Service pay and processing of claims from the Ministry of Defence for staff attending in-camp training
• Preparation of remuneration reporting (Forms IR8A/IR21)
• Preparation of payroll reports
• Updates on changes to statutory requirements
• Other payroll related services