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Need for a Statutory Compliance and Payroll Management Services

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The advent of globalization has essentially opened up a lot of opportunities for businesses to expand their horizon. At the same time, regulations have undergone a sea change to keep up with the new challenges. Companies now have to be compliant to the legal laws and regulations in regards to how they manage the business, their employees, and their treatment towards their consumers. The concept of compliance is to make sure that corporations act responsibly and operate within the legal framework.

A lot of the company’s effort and money goes into ensuring compliance to these laws which could deal with a range of issues; from the payment of minimum wages to maternity benefits or professional taxes. Continue reading “Need for a Statutory Compliance and Payroll Management Services”

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5 Crucial Reasons to Outsource Payroll

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Business consultants have long advocated outsourcing non-core functions.

A non-core function is one that is not a profit center. A non-core function may be essential, but doesn’t differentiate your business strategically from competitors.

In most businesses, administrative and back-office activities such as payroll are non-core functions. Continue reading “5 Crucial Reasons to Outsource Payroll”

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List of laundry items to check for accurate payroll processing

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Payroll process is one of the key & high rated KRA for an HR team. But payroll process is not just all about KRA. People in the organisation but all their skin for the whole month, so that they get their dues for the efforts done, that too ACCURATE and ON TIME.

Includes necessary support for meeting all statutory compliances like PF, ESI, PTAX and various other Personnel Laws.
Payroll process has evolved over the centuries, the best part of payroll process is, that is evolves every month, the dynamics & exceptions are always changing.

With the onset of Technology, payroll process has been must easier than the old days of traditional payroll.

So what are we here up for!
Continue reading “List of laundry items to check for accurate payroll processing”

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4 Things Companies Must Check for Selecting a Successful Payroll Outsourcing Partner

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Outsourcing is the buzz & it’s growing multi fold. We all know this.

Traditionally back offices for big corporate houses were outsourced & than sales, customer support & so on.
Continue reading “4 Things Companies Must Check for Selecting a Successful Payroll Outsourcing Partner”

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