Payroll Outsourcing Company in Bangalore
From consolidating payroll inputs to processing payroll and tax reports, to meeting statutory compliance’s and filing ITR, we help you manage it all accurately and efficiently.
As businesses across the globe are becoming more employee-centered, they are getting more sensitized than ever towards the needs of their employees. They consider employees to be their biggest strength, and employee satisfaction an asset for their growth. The decision to outsource payroll is one predominant step in this respect.
Today, Paysquare holds a recognition that speaks for itself and makes us a listed company among payroll outsourcing companies in Bangalore, and India. By hiring us, you are assured of some of the following advantages:
You get precision in all dimensions of payroll management – right from monthly payroll generation to periodic reports.
All of your queries get quickly resolved by our committed support executives.
You can generate an accurate MIS as per your convenience.
Your employees are never stuck up with computing taxes or for planning the year’s investment.
We safely preserve all sensitive data about your organization. For that, we have implemented the world’s highly prescribed operating procedures and advanced software
You never risk missing out any regulatory or legal aspects of payroll management – as our payroll experts stay abreast with all updates on labor rules and other regulations.
Your employees have access to all the essential details about their salary, tax deductions, perks, etc., online.
Paysquare delivers all encompassing services and guarantees the industry’s best and perfect payroll solutions. We offer three layers of services to match a range of organizational requirements
Payroll Processing and Compliance
Employee Self Service
Process of Outsourcing Payroll and Compliance
We create payslips for each of the employees, along with the details of the tax and CTC. Here we also offer online investment declaration and Tax Calculator. We provide advice in many sections like bank transfer, professional tax and return submission,PF, bounce and TDS return, etc.
Deliver monthly payslips comprising relevant details such as tax computation, deductions, arrears, etc.
Choice of Flexi Benefit Plan for employees.
Simplify the process of tax calculation and investment declaration online.
Filing monthly, IT returns.
Generation of advice for Provident Fund, ESIC, Bonus, etc
Generating Form 16 and 24Q as needed.
Processing full and final settlements for applicable cases.
How can we Help You
Paysquare is committed to delivering world-class payroll outsourcing services and most dependable HR solutions. In our best possible endeavour to serve you – our prestigious client, we have deputed dedicated account managers, who ensure uninterrupted payroll services for your organization.
Our Account managers push boundaries to familiarize themselves with your organization’s specific payroll requirements and make sure that payroll operations are in sync with your payroll cycle, salary disbursement variants, etc. Wherever needed, the account manager customizes the online portal to match your organizational payroll management prerequisites.
That’s not all! He also ensures that you get a fully secure system and that your employees’ sensitive details are adequately safeguarded against any possible threats. The account manager also makes appropriate arrangements for the employees to enjoy the liberty to access their accounts and check relevant information about their salaries, taxes, deductions, investment declarations, etc. whenever they desired.
Paysquare offers an extremely user friendly web interface that meticulously and impeccably tackles your payroll requirements. This is your opportunity to be with the best payroll outsourcing company in Bangalore.
Finding a capable payroll partner for business is a big challenge in Bangalore. For any type of business, small or medium size, payroll outsourcing is the most cost-effective way of running payroll management for all the employed staff.
Even the most meticulous and experienced professionals find that payroll can be a headache. Taking care of Tax filing requirements and managing the penalties involved can be quite a hassle. Paysquare provides a perfect option for outsourcing the payroll.
Payroll processing is an essential aspect of every organization. Payroll is also crucial because payroll and payroll taxes considerably affect the net income for an employee
Payroll Factors/Factors of Payroll
Most of the small and mid-sized companies in Bangalore who want to concentrate on building and establishing their business can save their time and worries as well as money by Payroll Outsourcing. There are some factors which you need to consider while outsourcing Payroll processing in Bangalore. How much is the payroll management company charging for their services? What services are they covering in scope? They should include Monthly payroll processing, compliance management-PF/P. TAX./ESIC/Taxation returns filling\other activities like full & Final settlement, investment proof checking and auditing, form 16 generation, default notice management received from the income tax department, etc. other than this, Employee data security is an essential aspect of Payroll outsourcing.
Paysquare is a kind of company that has the proper understanding and knowledge about the latest norms of payroll management. The company pays full attention to make the payroll records error-free. Paysquare is always attentive about maintaining the security of the data of the clients. To maintain the high standard we follow the most efficient operating procedures to protect the information and utilize them as per the norms. Our teams of experts keep an updated track of newly launched regulations of labor and Income Tax law. We also offer our sincere consultation for the employees of your company so that they can have some better investment and tax saving plans at the end of the year.
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Delivering Exceptional Experiences
Frequently Asked Questions
What is Payroll Company?
Every business, small, medium or large needs to process salary payments (payroll) to its employees. This process of doing the entire payroll calculations including tax deductions applicable and the end to end process of managing all the filing and compliances related to the payroll is called payroll processing. A company that offers payroll processing as a service is typically called payroll company. A payroll company make it easy for small, medium u0026 large businesses to streamline their business operations. Paysquare is a leading payroll company in India, which helps organizations in end to end payroll processing. From payroll calculations to tax deductions to finalizing bank files for depositing employees’ salary directly to their bank accounts, Paysquare does it all. Along with all this, Paysquare also provides web based access to employees and HR admins, where they can access their payslips and tax related information through secure logins.
What are the features of Payroll Outsourcing company?
Payroll outsourcing companies help you to improve productivity by saving time, efforts and costs incurred for carrying out payroll operations in-house. Payroll outsourcing companies have a wide range of payroll specialization for different industries, like for e.g. some organizations offer flexible savings accounts, or retirement account options, and some provide specific tax saving proposals, insurance payments helping the business owner to deliver efficient payroll through better productivity.
Improved efficiency of employees
Payroll outsourcing companies process the payroll day in and day out with the high availability of expert pool and better awareness of technical and legal norms. Efficiency is achieved by outsourcing to specialized payroll experts ensuring timely and accurate payroll processing.
Accurate tax returns filing
Tax returns are filed accurately and on time to ensure that there are no compliance related issues. Cost savings is one of the major benefits delivered by payroll outsourcing companies. High penalties can be avoided by making sure that tax returns are filed on time and accurately.
Using best of technology
Payroll outsourcing firms use latest and advanced software programs for payroll processing, tax computation for minimizing errors and delays. This ensures high degree of automation in the entire payroll processing process and ensures that manual errors are minimized or eliminated.
Kick-Start Your Payroll Outsourcing Journey With Us.
Let us sit together for a quick walk through of the payroll and HR solutions, we have on offer for you.