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Showing posts from April, 2015

How to improve Payroll Accounting

One of the most important process for a business is Payroll. Whether an organization is small or big, employees need to be paid and taxes need to be filled. One can hire an payroll expert in company who takes care of all details of employee and company also assist him while some people outsource payroll completely. Whichever way you do it, it’s important to make sure your payroll accounting is extremely efficient so you don’t make mistakes or lose money in the process.To improve payroll we are providing these few tips below: 1. Do processing of payments at the Same Time Generally companies do payroll accounting for different employees at different times. This technique is not very efficient and useful because it can cause duplication of your processes and gives you multiple schedules to maintain. It can cause problem because you do payroll processing by groups. It is good to minimize errors by doing everything at once. 2. Make payroll process automated. Errors due to

Compliance Management Services

In layman language, compliance means conforming to rules. Compliance strives to design the operative and administrative processes of a company in a manner that curbs the infringement of the company’s internal rules along with legal regulations as far as possible. In order to accomplish this objective, it is imperative that the company’s corporate structure and processes should be adequately designed and internal rules should be clearly established. Our legal and compliance team has a wealth of expertise and skills in the regulatory and legislative environments. We can impart immaculate support to our clients by offering advice and guidance on different compliance requirements. Compliance is an ‘affordable must’ for business of every type, regardless of the size or purpose. Companies need to be extra cautious towards procurement, billing, sponsoring and lobbying, as well as in handling of other non-cash benefits, where corruption poses a dreadful risk. The adoption of varied appropri

Compensation Consulting

Intriguing, driving and retaining the best talent is one of the greatest obstacles facing by many companies. For many, it clearly means creating programs that formulate a direct connection between a company’s goals and objectives and paves focus on an employee’s actions. Both small and big companies are divulging different ways to do this by maximizing rewards and investment in compensation. Brooks Consulting helps clients ensure their pay strategy is designed and executed to meet divergent business requirements, while focusing employees on what they should do to help the company to meet its varied goals. We help companies in creating a subtle program that establishes a direct connection between an organization’s objectives and an employee’s focus. It’s a discerning approach that shifts compensation strategies to performance-based programs and paves more focus on the combined value of pay and benefits. Backed by immaculate research and data, our consultants can help you make the

Internal Audit for Payroll

Payroll encompasses a good share of a total company’s expenses, so to ensure a decisive share of a company’s total expenditures, transactions must be meticulous and definite, balances must be properly recorded and also the ledger should remains up-to-date. One of the crucial methods to ensure accuracy is to bolster the use of periodic audits of the internal payroll system. Making gray areas more transparent and friendly Oftentimes, it has been seen that employer contributions are not black and white. We ensure that employers are remitting the appropriate amount of contributions towards the employees. Our auditors also evaluate that whether there are other employees on the company’s payroll that the employer fails to include in its compensation program. While, this service must be diligently performed in order to ensure compliance, conducting thorough payroll audits can really make a difference of dollars. Our company offers an extensive internal payroll audit that primarily p

Payroll Services for Corporate

Payroll being an indispensable function for any organization demands specialization and a clear understanding of applicable laws in systematic processing of the employees payroll. Understanding this burgeoning requirement and also to foster confidentiality and administrative convenience, we offer a discreet range of payroll services to our wide base of clients. Our dedicated team of proficient professionals, embedded with knack of understanding of methods relating to payroll processing, can impart you with complete full-fledged payroll services for employees and top management. Our payroll specialists are imparting concurrent payroll services to MNC and medium enterprises in Delhi, Gurgaon, Manesar and all major cities in India like Bangalore, Hyderabad, Mumbai, Chennai and Pune. We offer a flexible and comprehensive payroll service, which may curtail a significant administrative burden from management, allowing them to pave focus on the core business operations. Using our years

Understanding Payroll Online

Payroll online   takes payroll services to the next level by providing a user-friendly interface for recording and tracking payroll entries. The web-based platform means updates can be done in real time using an intuitive grid design that allows for convenient review of each employee’s information by clicking on their name. Entries are recorded through a simple point and click system although auto pay and pay-all features are included as shortcuts for quicker payroll processing when applicable. Migrating from your current system to Payroll Online is a seamless process. The setup is fairly simple with training and ramp-up support provided by Brooks Consulting Pvt. Ltd . This fully encrypted online system differentiates between data entry access and administrative access. Only those with an administrative login can submit payroll for payment. Enhancing Efficiency with Online Payroll Processing An automated payroll system requires at least one person, and possibly no mo