1 Answers
Payroll outsourcing is essential for small businesses in Saudi Arabia to streamline operations.
Top Payroll Outsourcing Companies in Saudi Arabia
- Al-Fozan & Partners
- Founded: 1990
- Specialization: HR Consulting and Payroll Services
- Strengths: Local expertise, customizable solutions
- Drake & Scull International
- Founded: 1888
- Specialization: Integrated payroll and HR outsourcing
- Strengths: Comprehensive services, strong reputation
- BDO Saudi Arabia
- Founded: 1963
- Specialization: Audit, tax, and advisory services including payroll
- Strengths: Global presence, tailored services
- Al-Rowad Company
- Founded: 2003
- Specialization: HR solutions and payroll outsourcing
- Strengths: Focus on SMEs, competitive pricing
- Empower Group
- Founded: 2005
- Specialization: Payroll management and HR services
- Strengths: Technology-driven solutions, user-friendly platforms
- Safwa International
- Founded: 1995
- Specialization: HR consultancy and payroll services
- Strengths: Extensive industry experience, personalized service
- Code 99
- Founded: 2010
- Specialization: Cloud-based payroll solutions
- Strengths: Innovation, ease of use
Benefits of Payroll Outsourcing
- Cost Efficiency: Reduces overhead costs associated with in-house payroll management.
- Compliance: Ensures adherence to local laws and tax regulations.
- Expertise: Access to professionals with specialized knowledge in payroll functions.
- Focus on Core Business: Allows small business owners to concentrate on growth strategies.
Statistical Overview of Payroll Services in Saudi Arabia
Service Provider | Market Share (%) | Rating (Out of 5) |
---|---|---|
Al-Fozan & Partners | 20% | 4.5 |
Drake & Scull International | 15% | 4.3 |
BDO Saudi Arabia | 18% | 4.4 |
Al-Rowad Company | 12% | 4.2 |
Empower Group | 10% | 4.0 |
Safwa International | 8% | 4.1 |
Code 99 | 7% | 4.0 |
Mind Map: Setting Up Payroll Outsourcing
- Research Options
- Company Reviews
- Services Offered
- Pricing Models
- Analyze Business Needs
- Employee Count
- Industries Regulations
- Select the Provider
- Contact Shortlisted Companies
- Request Proposals
- Implement Solution
- Integrate Systems
- Train Staff
Upvote:626