About yarel

Payroll experts at your service

Yarel Management Services Ltd, an entity in the  Yarel + Partners CPAs' Group,  specializes in outsourcing services of payroll processing and all the related and overlapping services. We operate to address the challenges facing payroll management organizations in Israel and overall, along with dealing and adapting to the changing regulations in the field of employment, the need to provide available, professional and quality service to employers and employees. Among our clients are a variety of local and multinational companies operating in Israel who employ Israeli workers. We offer payment services, pension and provident fund operating services and develop and create tailored customized reports to clients. We operate in a secure work environment and provide a range of complementary services that are a professional covering of all financial activities in the field of human resources and payroll.

Yarel Management services and Yarel + Partners CPA group, are members of “BKR International” which is one of the world’s prominent accounting networks. Yarel management services has been a partner of ADP Streamline/Celergo since 2007 and is continuously working with local and international regulatory bodies.

Our company has extensive experience in payroll processing and in support of medium and large companies seeking to hire Israeli workers, mainly from the high-tech field.

We believe in recruiting  advanced technology to implement a management strategy of  automation for repetitive processes which will reduce the risk of human error and data disruption. In addition, the use of advanced technology enables production of quality management information for decision making and facilitating monthly, quarterly and annual reporting.

A wide range of services:

• Outsourcing services of payroll to organizations from all sectors of the economy. Professional and highly experienced payroll providers at your disposal carry out all your salary calculations with rigorous control and review, adjusting for changes in regulation, accuracy and time compliance.

• Pre-Closing Processes - Calculating payroll process from A to Z, including hiring and recruiting new employees, terminating employment, salary updates, monthly salary changes,maternity leave,army reserve calculations, pension and study funds reporting.

• Executing payroll and inspections on payroll, submitting drafts for client review and approval, submitting final reports and salary slips after final payroll output have been approved.

• Submitting statutory and regular reports on a monthly basis after salary approval.

• Year-end - Submitting 101, inspection and production of 106 forms to employees. review, inspection and submission of Annual Reports - Form 126.

• Allowing for direct response to employee inquiries by our portal , email, and telephone, by visiting the organization location or through an approved contact person.

All benefits in one place

We work with advanced global systems and international payroll providers, which interface with local systems. We have developed a unique system that enables data importing from various payroll systems and adapting the data to the reports as required by the employer and producing reports in Hebrew and English. The system produces in English - a detailed salary slip report, detailed employer cost, gross to net detailed report, changes in monthly cycle report, customized reports at customer request and more.

The system interfaces with existing ERP and CRM systems, reducing the cost of adjusting or modifying existing systems. This feature enables easy and continuous work with our clients' finance and human resources departments in Israel and abroad. Our expertise is in connecting the information inherent in human resource systems with the financial departments and extensive experience with multinational companies.

A winning professional team that makes all the difference

Our professional team consists of 12 highly experienced, English speaking payroll professionals. Leading each team is a veteran senior payroll professional. Each team is well acquainted with its associated customers and staff is backed up when required. The department also includes information security and programming staff, new customer assimilation team, inspection team from the "Israel + Partners" Group, CPA’s, finance personnel for payment services, accountants for additional tax consultancy and international payroll services manager.

יראל שירותי ניהול בע"מ – Your outsourcing business partner in Israel