Payroll Management
Accurate Payroll Processing
Ensuring precise and timely payroll processing through a streamlined system, incorporating variables such as bonuses, deductions, and tax obligations. Our meticulous approach guarantees error-free and compliant payroll transactions.
Employee Self-Service Portals
Implementing user-friendly self-service portals, empowering employees to access pay stubs, tax documents, and other relevant information. This enhances transparency, reduces administrative burdens, and fosters employee satisfaction.
Customized Payroll Solutions
Tailoring payroll services to meet the unique needs of your organization, considering factors like employee classifications, benefits, and regulatory requirements. Our flexibility accommodates diverse payroll structures, enhancing efficiency and compliance.
Secure Data Management
Prioritizing the security of sensitive payroll data through robust encryption protocols and secure storage measures. Our commitment to data privacy safeguards your employees’ financial information and ensures compliance with data protection regulations.
Compliance and Taxation Expertise
Staying abreast of ever-changing tax regulations and employment laws to ensure your payroll operations align with legal requirements. Our team possesses in-depth expertise in navigating complex tax landscapes, mitigating compliance risks for your organization.
Audit Trail and Reporting
Providing comprehensive audit trails and detailed reports for payroll transactions, supporting internal reviews and external audits. Our reporting tools offer insights into payroll trends, helping your organization make informed financial decisions.
What we do
Payroll Calculation and Processing
Our Payroll team processes the inputs from our clients through our proprietary payroll software, to generate salary sheets that are approved by our clients.
Payslip and Bank Statement Generation
Through our proprietary technology platform, we generate and publish payslips and tax computations for employees to view on their self-service portals. We also generate bank statements and unloadable bank file formats to pay your salaries pay out
Investment Declaration and Verification Support
Through their self-service portals, employees can submit investment declarations and the associated proofs. Our backend team verifies and confirms the final amounts eligible for tax exemptions.
TDS, PF, ESIC, PT and LWF Management
Once the payroll has been processed, our team takes care of all the last mile payroll and tax management, including filing of PF, ESIC, PT and LWF returns. We also take care of quarterly TDS filings, coupled with issuance of Form 16s for all employees.
Why Do You Need Payroll Services?
Time-Saving:
Payroll processing can be time-consuming, especially for businesses with many employees. Outsourcing Payroll Services can free up time for business owners and managers to focus on other essential tasks.
Accuracy:
Payroll processing requires accuracy to ensure employees are paid correctly and on time. Payroll Services have expertise in handling complex and frequently changing pay structures.
Compliance:
Payroll processing involves complying with labour laws and regulations. Payroll Services stay up-to-date with changes in regulations and can help businesses comply with them.
Cost Effective:
Outsourcing Payroll Services can be cost-effective for businesses that do not have the resources to hire an in-house payroll department.
COMMON MISTAKES IN PAYROLL PROCESSING
- Setting up Payroll Incorrectly
- Forgetting to record in paper checks
- Submitting deposits late or incorrectly
- Neglecting to run payroll on time
- Compliance differ location-wise
- Non-Confidentiality & Data Leakage