payroll outsourcing - naukri.comcompany.naukri.com/csm/payroll-outsourcing.pdf · payroll...
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Payroll Outsourcing
Why Outsource?
Save Time while increasing efficiency
Cost
Accuracy
Timeliness
Compliance
Standardised Processes
Audit History
MIS Reporting
Why Us
Process Oriented
Partners with Extensive Process/ Risk Consulting background
Own Software development
Process Transitioning
Processes Covered
Processes Covered
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
Processes
Appointment Letters
Creation of Personnel Master Files
Physical Files
Software
Updation of Personnel Files
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
1/8
Processes
Collection of attendance data
Analysis of attendance data
Completeness
Accuracy
Updation & Maintenance of
leave balances
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
2/8
Processes
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
Crunching Payroll for the month
based on:
New Hires
Attendance
Exits
Employee Investments
Generation of Pay slips
3/8
Processes
Review of employee expense
claim forms with supporting
documents
Updation & Maintenance of
reimbursement balances
Transfer of unused balances to
payroll for tax purposes
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
4/8
Processes
Monthly Salary Statment
Variance report
Current Mth to Previous Mth
PF, TDS, ESI Statements
Salary Bank Transfer
Instructions
Pay Slips
Other
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
5/8
Processes
Tax
PF
ESI
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
6/8
Processes
Helpdesk
Manage Employee Queries
Email and Phone Queries
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
7/8
Processes
Computation of Tax liability
Updation of Employee Master
On Boarding
Attendance
Payroll Processing
Reimbursement Processing
MIS Reports
Statutory Compliance
Query Resolution
Full & Final Settlement
8/8
Our Process
Process Flow
Process Outputs
Transition Methodology
Transition Methodology
Technology
Technology
Self Developed Salary Software - eliminates downtime & reliance on third party vendors
Solution customised to client requirements as against other way round
Solution developed on FileMakerTM 15 & hosted on FileMaker Server 15
Complete Audit History
Separate instance for each client ensures security & confidentiality
Automated Hourly Backups
At least 3 redundant encrypted backups
Remote login to FileMaker Server using SSL via FMP, IWP & FM Go
Support for Windows, Mac & iOS operating systems
Sample Reports
Sample Reports
Salary Statement
• Consolidated
• By Branch/ Department/ Location
Pay Slips
Bank Transfer Letter
TDS Statement
PF/ ESI Statement
Variance Report (Current Month to Previous Month)
Others…
Employee Master
Salary Invoice
Paystub
Thank You