Client’s pains
Leaving dissatisfied employees because of inaccurate and untimely calculations of salaries.
Reputational risk for the company as an employer in a moment when a staff growth was planned.
Serious stress every month among HR experts and managers related to the payment of salaries.
Client’s pains
Leaving dissatisfied employees because of inaccurate and untimely calculations of salaries.
Reputational risk for the company as an employer in a moment when a staff growth was planned.
Serious stress every month among HR experts and managers related to the payment of salaries.
Client Profile
Organizational structure
The Payroll function is
outsourced to Sb
HR Administration is
inhouse
Financial function is
outsourced to Sb
Client Profile
Organizational structure
The Payroll function is
outsourced to Sb
HR Administration is
inhouse
Financial function is
outsourced to Sb
The Challenges
After initially identifying the problems, the Sb team made a detailed analysis of the current payment process. We interviewed several employees, managers and HR experts.
Based on this, we identified the following problems:
The Challenges
After initially identifying the problems, the Sb team made a detailed analysis of the current payment process. We interviewed several employees, managers and HR experts. Based on this, we identified the following problems:
Dissatisfied Employees
because of:
Dissatisfied Management Team
because of:
Current Supplier
Approach:
Dissatisfied Employees because of:
Dissatisfied Management Team because of:
Current Supplier Approach:
The implemented solution –
Payroll Management
Based on a world proven payroll process that covers all stages in an effective and secure manner – all processing, administrative and supporting activities related to accurate, legitimate and consistent compensation of employees’ labour, representation and statutory reporting.
The implemented solution –
Payroll Management
Based on a world proven payroll process that covers all stages in an effective and secure manner – all processing, administrative and supporting activities related to accurate, legitimate and consistent compensation of employees’ labour, representation and statutory reporting.
The implemented solution –
Payroll Management
Based on a world proven payroll process that covers all stages in an effective and secure manner – all processing, administrative and supporting activities related to accurate, legitimate and consistent compensation of employees’ labour, representation and statutory reporting.
Sb Payroll solution is based on the three main pillars:
World proven Payroll Process
complete and standardized, with agreed format, content and deadlines, that ensures the quality and the timeliness of the service, minimising the risk of mistakes and smooth the process of the monthly recurring services.
Specialized Teams of Experts
that know your company specifics.
24/7 WebTools Platform
that facilitates the secure exchange of data, the automation and paperless processes and self-service experience both for Employees and professionals.
World proven Payroll Process
complete and standardized, with agreed format, content and deadlines, that ensures the quality and the timeliness of the service, minimising the risk of mistakes and smooth the process of the monthly recurring services.
Specialized Teams of Experts
that know your company specifics.
24/7 WebTools Platform
that facilitates the secure exchange of data, the automation and paperless processes and self-service experience both for Employees and professionals.
The Realized benefits
For the Employees
For the Management and HR Team
For the Employees
For the Management and HR Team
Second Stage of Project
6 months after the assuming the Payroll management, the Financial function was also entrusted to us:
- Bookkeeping, Accounting and Statutory reporting for the Bulgarian entity
- Management reporting for the headquarter abroad
- BI reporting of the financial indicators specially tailored based on the company’s headquarters requirements
The Benefits
Second Stage of Project
6 months after the assuming the Payroll management, the Financial function was also entrusted to us:
- Bookkeeping, Accounting and Statutory reporting for the Bulgarian entity
- Management reporting for the headquarter abroad
- BI reporting of the financial indicators specially tailored based on the company’s headquarters requirements
The Benefits
The Final Results
Organizational changes of client’ operations that optimized and ensured security in business processes
Freed up time and reduced the stress for the management team, allowing them to focus on higher-value tasks
Outsourced the Payroll and Financial Function to Sb results in consistent and sustainable operational processes
