Corporate Payroll Outsourcing
Monthly salary registers, statutory deductions, tax reporting, and gratiuty/bonus calculation.
Why Outsource Your Payroll?
Managing payroll in-house can be an expensive, time-consuming task for small and medium-sized businesses. It requires specialized staff, expensive software licenses, and constant tracking of changes in statutory regulations. Outsourcing payroll allows organizations to focus on core business growth while ensuring that payroll processing is exact, statutory-compliant, and delivered on time.
Cost-Effectiveness Case Study
If your establishment's headcount is under 40 employees, keeping a full-time in-house payroll resource is financially inefficient. Calculate the hours spent on salary preparation, software licenses, regulatory compliance training, and statutory errors.
Direct Outsourcing Benefits:
- Reduced Direct Costs: Drastically cuts overhead expenses compared to maintaining a dedicated HR staff member.
- Statutory Expertise: Avoid steep penalties from missing deadlines or miscalculating ESI/PF thresholds.
- Hassle-Free Audits: Keep salary structures and registers perfectly aligned with state inspections.
- Data Security: Ensure employee salary data is kept confidential and processed securely.
Reports Generated
We deliver clear, ready-to-use reports along with your monthly wage registers:
Payroll Support desk
- Monthly Salary Register and Wages Register preparation based on attendance data
- ESIC wage uploads and deduction reporting
- EPF wage uploads and monthly contribution accounting
- Professional Tax (PT) calculations and filing preparations
- TDS / Income Tax report summaries for employee payslips
- Statutory Annual Bonus and Gratuity liability calculations
- Hassle-free remittance deadline notification tracking