Fazal Mahmood & Company

Business Process
Outsourcing Payroll

Audit & Reviews

  • Statutory / External audit
  • Special purpose audit (includes Donor Requested Audits),
  • Review,
  • Due Diligence,
  • Internal control audits according to national regulations & international standards
  • Agreed-upon procedures,
  • Compilation of reports,
  • Conducted Sales Tax Audits as appointed by the C.B.R / FBR (Federal Board of Revenue)
  • Firm has also been appointed by Securities and Exchange Commission of Pakistan as inspectors to conduct specialized investigative audits about the affairs of the companies.

Business Process Outsourcing Payroll

Business Process Outsourcing services cater to businesses which need to outsource those tasks which are mundane and voluminous requiring independent evaluation and reporting, or those tasks which can be executed more efficiently and cost effectively by an outside partner. These services help organizations achieve their growth and performance objectives through:

  • Achieving long-term cost savings
  • Allowing management to focus on core business
  • Achieving service quality improvements
  • Achieving IT-enabled business transformation
  • Gaining access to best in class skills and capabilities

In consequence, FMC is ideally suited for fulfilling EMPLOYEES OUTSOURCING and MANAGEMENT requirements. And therefore, is already rendering such services to many local and foreign clients and regret our inability to disclose their identity because of Confidentiality Agreement but can safely say that our clients include the Local and Foreign Companies in the field of FMCG, Banking, Telecommunications, IT Software and leading Companies engaged as manufacturers of various other items etc. Our services range from Executive Search to Bulk Recruitment and from Outsource Management to Global Employment Verification.

It is well known fact to our clients that we believe in integrity, honesty, confidentiality, professionalism and excellence.

As you know that, Outsourcing of your personnel to us will be very cost effective way of protecting your business by reducing your exposure to the risk of legal complications, and accounts and financial related issues and at the same time achieving the best output from your personnel. Please allow us to deal with these issues while you can concentrate on your core business activities. FMC is however capable to offer these services in all important cities of Pakistan and have the capacity to manage about 1,000 persons.

The benefits which you can achieve are as under:

  • We will issue proper appointment and termination letters.
  • There will be no Legal obligation and requirement on your part.
  • Every aspect of Payroll will be properly taken care of, by us.
  • You can save time and money by outsourcing your employees and managed payroll services.
  • Changes in payroll legislation and statutory requirements are kept in view.
  • There is no IT and training cost, or software or hardware or stationary cost.
  • Confidentiality, processing accuracy and meeting payment deadlines are ensured.
  • Monthly reports are sent to meet your requirements.
  • Every work is being done in accordance with Labour laws without your worry.

It is very essential for every business company to ensure that timely and appropriate payments are being made to employees to maintain their level of satisfaction and increase motivation. It is known to all that the employees are the back bone of all business entities and their interests need to be properly fulfilled. For this very reason, payroll processing and payment thereof has its own importance.

You have only to provide data about the employees and the agreed remunerations package and you can give the responsibility to us to take care of your problems by following activities and only you have to furnish us the attendance record prior to the pay day. In case you pay us the whole payable salary on first day of each month then we’ll deduct the Tax from each salary, where applicable and send the pay cheque to his bank account prior to seventh of each month or the date given by you. FMC also makes the appointment agreements keeping in view the Labour Laws involved in his particular case in order to avoid any dispute in future. Similarly, we will deal all resignation and termination process.

You’ll have to nominate a contact person from your company for communication with FMC. His responsibility will be to communicate any amendments of employees regarding attendance, pay changes, deductions, according to your records.

We believe that our customers deserve great service at competitive prices.

Audit & Reviews

  • Statutory / External audit
  • Special purpose audit (includes Donor Requested Audits),
  • Review,
  • Due Diligence,
  • Internal control audits according to national regulations & international standards
  • Agreed-upon procedures,
  • Compilation of reports,
  • Conducted Sales Tax Audits as appointed by the C.B.R / FBR (Federal Board of Revenue)
  • Firm has also been appointed by Securities and Exchange Commission of Pakistan as inspectors to conduct specialized investigative audits about the affairs of the companies.

Navigation

  • Accounting and Financial Reporting

  • External Audit

  • Internal Audit

  • Fraud Investigation & Dispute Services 

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