TAMS Nigeria, an award-winning human resources payroll remittance solution provider has been signed by NIBSS (Nigeria Inter-Bank Settlement System) to directly remit payment such as salaries, loans and allowances directly to any bank in Nigeria.
NIBSS is a Nigerian-owned organization that provides the infrastructure for automated processing, settlement of payments and fund transfer instructions between banks and card companies in Nigeria.
Payroll remittance systems are essential for organizations of all sizes to enable employees get paid accurately and on time, to manage a free flow loan management system, to get direct remittance commissioning arrangement and to further reduce the movement of cash from one place to another to reduce the risk of theft.
Furthermore, establishing a well-organized payroll remittance processing system will make it easier to deal with federal, state and local tax and labor laws. In addition to saving time a good payroll remittance system can also help organizations avoid costly government penalties that could potentially devastate the enterprise.
TAMS remittance payroll helps business owners simplify their payroll system. The process involves a proper classification of employees after completing employee paperwork, establishing a regular pay cycle, thorough documentation of compensation system and keeping good payroll records amongst others.
Join organizations like Omnicom, Qualiserve, Nett Pharmacy, Presco among many others using the TAMS Payroll remittance system by contacting 08054539109, 08155140577 also click https://www.tams.com.ng/payroll-management/