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Managing payroll is becoming increasingly complex. Different awards, tax brackets, salary packaging, FBT - as well as super and Worker’s Compensation - can take up valuable time and resources. So, many organisations outsource it to CXC Global.
CXC Global can take care of all your contractor payroll needs - saving you time, effort and money. Our finance and payroll experts understand the often complex needs of payroll, and will manage multiple contractor payments, taxes, superannuation and insurances, on your behalf. Not only will that save you time and potential liabilities, it may also save you money on payroll tax. And for most of our clients, the savings we make more than cover our fees. Please take a moment to read through the information below, then talk to one of our experienced personnel on 1300 724 082, or enquire online for more information.
Why CXC Global?
CXC Global has over 15 years proven experience in managing customised payroll systems. We currently manage the payroll for more than 9,000 contractors around the world, and can provide local support and expertise in every Australian state, with a significant presence in 18 countries across the globe. We are the only contractor management company that can facilitate and administer every type of tax structure, including PAYG, Salary Packaged, Pty, Trust and ABN. We also customise the software used by both the agency, and the contractor. Our dedicated project team are there to ensure smooth implementation of the solution, and we have a team of 12 developers to build specific tailored solutions. We’re proud of the quality of our service, and the innovations we continue to deliver for our clients. > Back to top
Managing payroll takes specialist knowledge. If managed within your organisation, it takes time and money to set up, implement and manage. With regular taxation and legislative changes, it also requires constant training and updates. After all, is it really the business you’re in - to be bogged down with admin, paperwork and managing the financial needs of the people you place? By outsourcing payroll, you free up your internal resources to do what they do best - with a better payroll solution in place. There’s an immediate saving on cost and time, of course. But also the advantages of flexibility: employees and contractors can be easily added on as and when required. With the specialist skills and infrastructure that CXC Global offers, your outsourced solution is much more efficient and cost-effective. That means better control, better risk management, and improved productivity. It may also give you an edge over your competition. > Back to top
Pay As You Go (PAYG) contractors can easily be outsourced to CXC Global, allowing you to reduce your paperwork, and ensure they are covered - by us - for statutory requirements such as Worker’s Compensation, Public Liability, and Professional Indemnity Insurance. Benefits include:
- All payroll covered by CXC Global: PAYG tax, super and net salary
- Automatic cover for all insurances
- Detailed and expert advice to the contractor as to their payroll options
- Potential increase in their take-home pay through salary structuring
- Tax returns for contractors included in the service
- Payroll tax savings for agencies of between 15% and 30% p.a., with monthly reports
- Online web-based portal
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This CXC Global solution is called Streamline Solutions. All contractors - not just those working as PAYG - can be outsourced to CXC Global. This is managed entirely online, through a dedicated agency portal, MyAgency, and an agency-branded portal for contractors. For agencies, this streamlines the entire contractor management process: from PDF contract generation, timesheets, and live reporting, to payslips and recruiter KPIs. It also allows for complex margin calculations, such as commission reports. All online, accessed via any standard web browser, without the need for any special software or training. Benefits include:
- Automated contract generation and timesheet reporting
- 15-30% saving on Payroll Tax - around $900-$1800 a year for a contractor earning $50 an hour
- Live reporting via agency portal
- All payroll handled by CXC Global: tax, superannuation, net salary
- CXC covers insurances such as Workers Compensation, Public Liability and Public Indemnity
- Employment risk moved from agency to CXC Global
- Employment risk exposure reduced as PAYG contractors are on CXC Global’s books
- Contractors offered detailed financial advice and salary packaging which will give them more in their take home pay
- Tax returns completed for contractors
To find out how CXC Global can help you, talk to one of our experienced personnel on 1300 724 082, or enquire online for more information. > Back to top |
