Outsourcing is a Co-employment relationship between Employers, Us & the Employee wherein we assume responsibility for statutory obligations related to Recruitment, Payroll & Benefits, Statutory Compliance, Employment Rules & Services Temporary staffing was responsible for reduction of unemployment in.
We offer services into :
• Employee Self Service (ESS): Online technology for employees to view salary slip, submit IT declaration, decide FBP, submit query.
• Online Access to View/Print Salary Slip
• Automated Attendance, Leave Import/Export Solution
• Web-based Leave Solution
• Reimbursement Management
• Replace Excel to Web-based Processing of Payroll, Reimbursement, F&F, Reports Generation, E-challan Generation
Benefits Are :
Reduce Costs : The direct costs of processing payroll can be greatly reduced by working with a payroll provider. As per a new report Tata Steel cut its payroll processing cost by 20%. Cost saved includes direct cost of employee working on Payroll, software cost, software AMC etc.
Avoid Penalties : Payroll processing involves legal compliance for TDS, PF, ESIC and P Tax. Incorrect calculations and delayed payments result in interest and penalties. In many instances, this cost immediately justifies outsourcing payroll.
Reliability and Continuity : You do not have to worry about losing the employee that does payroll processing and this is a great challenge faced by organisations in today's time of high staff attrition. Outsourcing ensures reliability and continuity.
Free Up Time for Core Activities : Payroll processing is a time-consuming process. Outsourcing payroll can free up staff time to pursue more important value-added and revenue-generating activities.
Leverage Outside Payroll Expertise : Most business Accounts /HR Managers don't have time to keep up with constantly changing regulations, TDS rates, and legal forms. By outsourcing payroll, business can take advantage of expertise of outsourcing firm.
Automation of the Payroll Process : Because of outsourcing, the payroll process gets streamlined and to a maximum extent gets automated. The software used for payroll processing sends several standard reports to employees, accounts and the HR department, which forms a good basis of control as well.