Outsource in the context of "Payroll"

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👉 Outsource in the context of Payroll

A payroll is a list of employees of a company who are entitled to compensation and other work benefits, along with the amounts each should receive. The term can also refer to a company's records of past employee payments, including wages, salaries, bonuses, and withheld taxes, or to the department responsible for managing compensation. A company may handle all aspects of the payroll process in-house or can outsource aspects to a payroll processing company.

Payroll in the U.S. is subject to federal, state and local regulations including employee exemptions, record keeping, and tax requirements.

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Outsource in the context of Compounding

In the field of pharmacy, compounding (performed in compounding pharmacies) is preparation of custom medications to fit unique needs of patients that cannot be met with mass-produced formulations. This may be done, for example, to provide medication in a form easier for a given patient to ingest (e.g., liquid vs. tablet), or to avoid a non-active ingredient a patient is allergic to, or to provide an exact dose that isn't otherwise available. This kind of patient-specific compounding, according to a prescriber's specifications, is referred to as "traditional" compounding. The nature of patient need for such customization can range from absolute necessity (e.g., avoiding allergy) to individual optimality (e.g., ideal dose level) to preference (e.g., flavor or texture).

Hospital pharmacies typically engage in compounding medications for intravenous administration, whereas outpatient or community pharmacies typically engage in compounding medications for oral or topical administration. Due to the rising cost of compounding and drug shortages, some hospitals outsource their compounding needs to large-scale compounding pharmacies, particularly of sterile-injectable medications.

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Outsource in the context of Computerized reservation system

Computer reservation systems, or central reservation systems (CRS), are computerized systems used to store and retrieve information and conduct transactions related to air travel, hotels, car rental, or other activities. Originally designed and operated by airlines, CRSs were later extended for use by travel agencies, and global distribution systems (GDSs) to book and sell tickets for multiple airlines. Most airlines have outsourced their CRSs to GDS companies, which also enable consumer access through Internet gateways.

Modern GDSs typically also allow users to book hotel rooms, rental cars, airline tickets as well as other activities and tours. They also provide access to railway reservations and bus reservations in some markets, although these are not always integrated with the main system. These are also used to relay computerized information for users in the hotel industry, making reservation and ensuring that the hotel is not overbooked.

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