While HR needs to focus on talent acquisition and retention, transactional HR & payroll activities can be outsourced. Managing payroll within the organization can be a tough task because of penalties for non-compliance to statutory requirements, employee satisfaction, timely generation of payroll and other issues. In terms of cost also, the companies that do their own payroll processing finds that it is not that all cheap and simple, especially when you consider the time that is spent in managing the entire process. Further, generally HR or accounts department process payroll in the organization. Considering sound business control & process, payroll should be processed independently of HR or accounts department.
We can provide completely customized solutions to all organizations starting from payroll processing to statutory compliances including attendance & leave management, employee reimbursement, employee self-service, manager self-service, and reports & MIS are offered as managed payroll services, regardless of their size and the domain that they are in. Here are some of payroll services we provide
- Payroll management
- Employee letters management
- Attendance management
- Leave management
- Employee reimbursements
- Employee self-service/Manager self-service
- Performance management & appraisal
- Statutory compliances including PF, ESI, LWF etc.
- Replace excel based processing to web based processing