Payroll Management Services

Payroll management involves administration of financial record of employees’ salaries, wages, bonuses, net pay, taxes, PF contributions & all deductions

We offer a full-fledged payroll solutions that reduces your processing costs while ensuring accurate, streamlined and consistent execution of your payroll and compliance needs.

Employee life cycle management

1. Manage the entire payroll paperwork from employee on-boarding till exit
2. Full & final settlement for exiting employees
3. Maintenance of all records as per employee’s office location, division & department
4. Updating the details on your HRIS

Payroll calculation & disbursement

1. Validating collected data viz. attendance data, modified data, loans, advance deductions etc. with your organization
2. Error free salary calculation basis the data collected
3. Generating & maintaining salary break-up viz. earnings, deductions, statutory payments, loans and advance deductions
4. Generation of monthly pay slips

Payroll compliance

1. Processing of payrolls based on the latest legislative updates eg. Provident Fund, ESI, TDS, Professional Tax etc.
2. Generate periodic statements of all deductions
3. Collection & maintenance of all investment proofs

Reimbursements & Arrears

1. Collect and validate the claims based on your organisation’s policies
2. Integrating the validates claims with payroll data

Reports for decision making

1. New employee & left employee reports
2. Branch wise generation of monthly salary sheets with detailed salary break-up & pay slips
3. Banks statements along with letter
4. Leave details & balance leave summary
5. Cheque statement & loan statement
6. ESI, PF, Professional Tax, Labour Welfare Fund and other statutory contributions
7. Projection of income tax. TDS deduction, TDS returns & TDS certificate
8. Bank Salary Statement

Best practices implementation

1. Follow the best practices in payroll management, statutory compliances & tax deductions

Engagement model

1. An account manager/ SPOC would be responsible for client side engagement
2. Periodic review of the process, as agreed upon with mutual consent