End-to-End Payroll Outsourcing Services
Payroll Management
Organizations chasing an aggressive growth strategy have lots of things to worry about. The least they would want to be bothered about are challenges related to payroll management or payroll processing. These are operational, yet mandatory processes. Managing error free operations consistently for payroll processing in India can be very challenging.
Paysquare has close to 2 decades of experience in payroll management in India, serving a diverse clientele. With its significant investments in technology, Paysquare is uniquely positioned to offer end-to-end services in payroll outsourcing in India. We offer complete payroll outsourcing services, from basic payroll calculations, statutory compliance, facilitating transparent employee communication while ensuring complete confidentiality.
We are able to do this, leveraging our award-winning technology, proven processes and close to two decades of expertise, exclusively in managing payroll processing in India. We are committed to providing hassle-free, accurate and timely payroll management consistently.
Paysquare, through its highly customizable and robust back-end payroll engine, called ‘Precision’ offers complete automation while offering payroll outsourcing in India.
Services
we offer
We offer complete payroll outsourcing and payroll management services
Payroll related Compliance
Leave and Attendance Management
Labour Law Compliance
Employee Self-Service Portal
Client Admin Self Service Portal
Benefits
Handover all your headaches to payroll outsourcing companies and get relief from payroll hassles
Accurate payroll, consistently
No Technology investments
Confidentiality ensured
Customized reports
Key Features
Features that truly differentiate us from the rest
Reduced Cost
Robust Data Security
No Need to Hire Specialized
Manpower
Ensured Business Continuity
Highly Automated Workflows
Self Service Portal based Logins
for employees and HR Admins
Our Success Stories
you to hear from them what they like
about us
FAQ's
value that we deliver to them
Businesses need an effective solution to manage employee payroll processing. This is where Payroll outsourcing companies come in, and manage end to end payroll requirements of these clients. These include managing employee salaries, overall payroll related reports, managing tax and compliance, leave and attendance and much more. Payroll management in India can get very expensive, but thanks to some payroll outsourcing companies in India, it is possible to manage end to end payroll processing very cost-effectively. This reduces the complexity of the organization’s payroll processing and makes the entire payroll process very reliable and flexible.
There are several benefits to payroll outsourcing in which companies’ handover all their headache to payroll outsourcing companies and get relief from payroll hassles. Some of the benefits from payroll outsourcing include Outsourcing their payroll processing actually helps the organization save cost. Managing payroll processing with in-house employees can get very expensive, considering the infrastructure expenses as well as the cost of errors and missed compliances.
• They get access to professional payroll processing services
• They do not need to worry about complex rules and calculations, which change often
• They get ready access to better reports, instantly
• They have access to experts in payroll processing and payroll management field
• Enhanced data security including back-ups and redundancy mechanisms
• They can avoid investments in technology and related upgrades
Nowadays, most organizations are looking for cost effective & flexible payroll management solutions. They also are looking for solutions in bookkeeping and accounting, where they can get access to advanced reports and where bulk of the processes are automated. Payroll is a non-core activity for HR whereas accounting services is an integral part of an organizations operational capabilities and systematic functioning. Both activities are important for any organization and any mistakes or non-adherence to laid out compliances can be costly. Most successful organizations thus outsource their entire payroll processing and accounting, helping organization to streamline their business operations.
There are several things to be considered when companies planto outsource their payroll processing in India.Some of them include.
• Cost of outsourcing payroll processing vs a hiring an in-house payroll management team
• With your current payroll management process, what is the level of Accuracy and consistency? Is payroll processing happening consistently on time and without any errors?
• Do you have access to payroll related domain expertise, so that you have the right advice, when it comes to interpreting specific regulations?
• What is the level of automation that you are able to achieve in in entire payroll processing?
• Is the end to end payroll process reliable and easy to manage?
• While you are managing payroll processing, how are you taking care of data Security, back-ups and redundancy mechanisms.
The cost of payroll outsourcing in India depends on the scope of work defined between the service provider and the organization. Usually the number of employees in the organization can give you a ball park view of what payroll outsourcing is going to cost, but to get to detailed costs, it is necessary to reach to an agreement in terms of scope of work included for payroll management. The scope of work could include monthly payroll processing, compliance management-PF/P.TAX. /ESIS/Taxation returns filing, other activities like Full & Final settlement, Investment proof checking and auditing, Form 16 generation, Default notice management received from the Income-tax department etc. all these activities are processed on a monthly/quarterly/yearly based on client requirements.
Testimonials
value that we deliver to them
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Contact us for any payroll outsourcing, accounting outsourcing and temp staffing related query. Our sales representatives will get in touch with you.
