Structural and personnel changes are constantly presenting companies with new challenges, and payroll accounting is no exception. Many companies are increasingly experiencing overload situations in this area of responsibility - with far-reaching consequences.

Typical occasions for bottlenecks

System change

Change of (external) payroll provider and / or system.
Lack of resources

Lack of resources in the function responsible for billing, for example due to staff turnover, regional staff shortages or delays in filling vacancies.
Restructuring

Restructuring of existing companies, purchase and sale of (parts of) companies and associated takeovers or transfers of accounting-related activities and data.
Growth

Strong growth of the company with many new hires without adjusting capacities.
Regulierung

Increased legal requirements for the mapping and processing of data in payroll accounting, for example from measures ordered by the authorities as a result of deficiencies uncovered in a tax audit, external wage tax audit or social security audit.

Consequences for the payroll department and executive bodies

If there is an overload in the processing of data and facts relevant to payroll accounting, this can have considerable consequences for the responsible payroll department and the governing bodies of a company. This is because, as an employer, it is obliged under labour, (wage) tax and social security law to provide its employees with correct payroll accounting. More specifically: Correct and punctual payment of wages and salaries to its employees; correct and timely registration and payment of wage tax and social security contributions to the relevant (financial) authorities.

Possible consequences at a glance:

sentiment_very_dissatisfied

Loss of trust & reputational damage

Missing and inaccurate payslips and certificates to authorities can have a negative impact on employee trust and satisfaction, which can lead to reputational damage on the recruitment market, among other things

update

Missed deadlines

Failure to meet deadlines vis-à-vis (financial) authorities or creditors, possibly the imposition of interest, penalties or fines by the administrative bodies

sentiment_very_dissatisfied

Incorrect data

Incomplete or incorrect database for cross-disciplinary and cross-tax purposes, e.g. transmission of legally required statistical surveys or consideration of facts for other types of tax, such as VAT or electricity tax

KPMG Mayday Payroll provides relief

If bottlenecks in the payroll department are not to have negative consequences, swift action is required. Our Mayday Payroll team provides prompt support in such situations. We combine interdisciplinary expertise - from data analysis and payroll to labour law*, criminal law* and social security - to understand your data structures and prepare them efficiently for time-critical payroll accounting.

We take on tasks that arise at short notice and thus relieve your team. This frees up your HR department to focus on your core issues and experience has shown that this boosts employee satisfaction.

Ready to talk? Contact us

support_agent

We are there for you - fast, flexible, remote.

Request a callback

Making payroll accounting future-proof

More than just payroll: how smart payroll helps companies move forward

Download now

Our range of services

Our Mayday Payroll approach offers efficient and short-term solutions to eliminate bottlenecks. Our experts are ready for action quickly, while minimising the burden on your internal resources. We build on your activities and (sub)processes while retaining your payroll system and service provider. On request, we can also provide support with external and internal communication, for example with authorities or your internal stakeholders.

Our activities are flexible, can be carried out independently of your systems and can be adapted to your specific needs at short notice.

check_circle_outline

Customised

To stabilise your payroll workload, we adapt the KPMG Mayday Payroll approach to your company's situation and your needs. We build on your existing processes and activities and adopt them at short notice.

check_circle_outline

Efficient

Our experts utilise the state-of-the-art framework developed by us and thus relieve your internal resources.

check_circle_outline

Remote

We work with your team on your systems and therefore without interface losses.

Your benefit

Billing systems & service providers

Retention of your accounting system and (external) service provider as well as associated interface systems, e.g. time management systems
Flexibility

Flexibility, relief and stabilisation of your payroll department through the use of KPMG resources; scalable model from the assumption of partial tasks to the short-term outsourcing of payroll-relevant (partial) processes
Know-how

Quick and easy access to KPMG's expert knowledge with interdisciplinary experience, particularly in: (mass) data analysis, payroll & accounting, tax consulting and derivation of specific measures and implementation actions for the time-critical processing of payroll accounting
Working atmosphere

Creating a functioning and efficient working environment for your HR department