Outsourcing the payroll management is a sensible option for companies seeking to save the costs and enhance its confidentiality associated with monthly payroll job for their own employees. We will take over repetitive task from your HR staff thus they can now have more time to focus on core business functions

Here's a top reasons that businesses turn to payroll service provider (according to John Edwards):

1. Cost. Big businesses can afford to maintain big payroll departments. For small businesses, however, an in-house payroll service is a money burner. If your business has fewer than 20 employees, there's a very good chance that you can save money by outsourcing your payroll operations. Do the math. Figure out how many hours your employees are devoting to payroll-related activities, how large is the space in an expensive hiring office that your have to arrange for a staff, and what about the cost for office equipment assigned to her/him, calculate how much you're spending and compare the amount to the plans offered by several payroll-services providers. Also, be sure to factor in the money your business spends on tasks like printing and distributing checks, creating tax documents, and the like. You'll probably be surprised by the result.

2. Productivity. Payroll management is a time-consuming activity. With this burden removed, your employees can focus on doing more productive things, and you may even be able to trim your staff's size.

3. Accuracy. Payroll mistakes can be painful, angering employees. A good payroll-services provider is far less likely to make a serious error than your in-house staff. Furthermore, if a big mistake is made, you can seek financial restitution from the provider — something you can't do with your own employees.

4. Reliability. In-house payroll activities function as reliably as the people doing the work. With a payroll service, output speed and quality won't vary in accordance with vacations and illnesses. You also won't have to spend time helping new hires understand your business's payroll system.

5. Speed. Since payroll-services providers are specialists with vast technical resources at their disposal, they can process even the most complex payrolls at lightning-fast speed. Unlike most employers, they can also accommodate a temporary influx of seasonal workers without acquiring new systems that will remain dormant the rest of the year.

6. Insight. A good payroll-services provider will know all the ins and outs of payroll-related tax laws and regulatory mandates on the federal, state and local levels. Your employees could try to achieve the same level of understanding, but it would take a considerable investment in time and effort.

7. Accountability. If paychecks are delayed or paperwork is mishandled, it's the payroll-services provider's responsibility to fix things. If the provider can't (or won't) remedy the situation to your satisfaction, you can sue. You can also switch to another service provider in a snap — even if you have to eat a portion of an existing service contract. Try firing, hiring and training an in-house payroll staff in anything less than several weeks.

8. Flexibility. Boring, repetitive payroll work can act like an anchor on your business. Your staff, when freed of rote payroll responsibilities, will be free to focus on other, more creative work.

9. Security. Do you have the time and energy to closely supervise your business's payroll for time and rate abuses and other shady activities? Most payroll services firms have technologies that can spot and alert clients to various types of payroll fraud, such as payment manipulation and "phantom workers."

10. Worry. There's a lot to be said for the peace of mind that outsourcing payroll services can bring to a business owner or manager. No headaches, no hassles: You're left to focus on running a profitable business.

We handle the entire Payroll processing from start to finish:

o   Setting up of enterprise with Authorities.

o   Maintenance of employee database

o   Monitoring of Leave & Attendance inputs

o   Pay computation

o   Generation of Employee Payslips

o   Generation of Pay summary

o   Monitoring statutory compliances with labour laws like Social security (Social book, Health Isurance cards, SHI claims for employees...)

o   Doing periodical HR report as required by the Authorities

o   Monitoring compliances with Tax laws, including Personal imcome tax (PIT code for employee, tax report...) Professional Tax, etc.

o   Personal Income Tax computation for employees

o   Monitoring of PIT deduction at source for employees and PIT finalization at the year end

o   Structuring & Monitoring of employee perquisites & annual benefits, Medical allowance, Gratuity, Bonus , etc contd…

o   Employee Compensation structuring and Employee Tax Planning