Payroll Process

Payroll Process

We will handle your payroll process with accurate on time payouts and all compliances under check.

A payroll is a financial record of salaries paid to an employee as wages, bonus or deduction. It is given for the work done during a particular period of time.

Payroll processing involves tedious routine work. Outsourcing this process allows you to focus on growing your business. Save cost, focus on core tasks and enable growth without manpower and infrastructure restrictions. We offer highly efficient payroll services. Partnering with us reduces costs and increases profits. We offer a convenient and reliable payroll process. Payroll is one of the most important responsibilities of the employer and his company. Our company helps you manage your payroll process in a manner that would maximize salary pay-outs and minimize per employee cost to company. Process can be divided as follows:

Inputs

  • Admin inputs from HR/Finance organizations. This could include
    • Standard payroll inputs like salary break-up information by employee etc.
    • Special payroll inputs like exit employees, bonus information, Awards, leave related rules.
    • Possible to enter manually or bulk upload using online payroll software.
  • Employee inputs
    • Tax related declarations
    • Leave information
    • Payroll & non-payroll re-imbursements
    • All inputs provided through online payroll software (myPayroll)
  • Third party inputs
    • Attendance information from swipe or biometric attendance systems
    • Leave information from 3rd party HR software, if applicable

Outputs & reports

  • Admin reports
    • Payroll register, Bank file
    • Variance report, payroll summaries by location, unit
  • Employee reports
    • Payslips
    • Tax statements
    • PF & other Fund related statements

Payroll Outsourcing primarily helps companies file tax returns on time, easing the pressure of work, reducing the load and help them get more efficient with their core business. We simplify your complexities and offer highly comprehensive and best payroll processing services.

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