Payroll services in india

· Reduce overhead costs

· Free up local resources

· Improve efficiency

· Offload non-core functions

· Get access to specialized skills

· Save on manpower and training costs

· Reduce operating costs

· Improve speed and service

· Establish long-term, strategic relationships or partnerships with world-class service providers

· Gain a competitive edge over your competition

· Enhance tactical and strategic advantages

· Focus on strategic thinking, processes, re-engineering and managing trading partner relationships

· Spread your risks

· Provide the best quality services, products and people

· Be reliable and innovative

· Provide value-added services

· Increase customer satisfaction

· Create a 24x7 infrastructure for support, development, design

· Avoid the cost of chasing technology

· Increase your internal knowledge with the provider's extensive investments in technology, methodologies and people

· Benefit from the provider's expertise and experience in solving problems for a variety of clients with similar requirements.

· Focus scarce resources on time-critical projects such as application re-engineering

· Increase total company revenue

· Obtain needed project management and implementation consulting expertise, along with access to best practices and proven methodologies

· Reduce the risk of technological obsolescence and increase efficiency by consolidating and centralizing functions

· Keep pace and minimize the impact of rapid changes in applications and standards

· Extend the reach to more trading partners quickly and efficiently

· Reduce the overall IT management burden while retaining control of strategic decision making.

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Payroll is more than just cutting paychecks

Payroll outsourcing has been highly productive for companies and has been functioning since 1997. In the past five years this industry has recorded a CAGR of 15 per cent. In short, it is a win-win situation. Payroll outsourcing service For any business, managing payroll is indeed a dreadful task as it consumes a lot of man hours and is not also income generating. Employees are the backbone of every business. And businesses need to pay their staff. Payroll can also be your company’s biggest headache if it isn’t done correctly. Payroll processing is more than entering hours and printing paychecks. Simple mistakes can cost penalties and interest. In addition to keeping up with dynamic business scenario and government regulations, payroll processing proves to be time-consuming and costly tasks for most businesses. Whoever is doing your payroll whether a service provider or a member of your team must understand the relevant tax laws and regulations, all of which vary considerab...

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What is Payroll Outsourcing

Payroll Outsourcing which involves employing an outside agency to do the routine work of managing salary, its calculation and payment, along with any other related functions, has transformed into an extremely successful industry. India is today one of the major destinations for payroll outsourcing. Some of the reasons for this are: Team is headed by group of Chartered Accountants which means all the statutory laws are taken care. Cost savings for the company on outsourcing payroll processing are extremely significant and can go upto 50% at times. Reductions and cost effectiveness can be achieved. Productivity is improved, as service quality provided is excellent and this frees the company from non-income generating tasks. Latest technology and software for payroll processing are used. Indian payroll processing service providers have a very highly specialized and expansive knowledge base in finance and accounting which would be of help to businesses globally. These...

Brooks - A Payroll Specialist, Since 1999

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