• It requires special expertise.  Our professionals who do this for a living are likely to have a better understanding of the work involved.  You would be closer to your objective of delighting the employees with timely/accurate payment of salary and fair/consistent administration of benefits.
• Your managers would spend less time supervising this support activity (not core to your business) and can spend more time doing what they do best:  run your business.
• Your profitability would improve with at least 50% saving in the cost of this back office operation from Day One.

Our professionals understand the complex structure of employee compensation; the incentive structure to align goals and efforts; the tax impact.  We can work with any payroll system including several leading ASP models available through the web. 

We can offer you all or a part of following services for you:

• Updating master records of new employees into the Payroll system
• Updating pay raises into the Payroll system
• Updating or Uploading attendance records into Payroll system
• Computation of time based pay conforming to employment contracts and current policies on allowances
• Computation of performance based pay based on employment contracts; performance metrics; and appraisal records
• Computation of statutory and discretionary benefits including social security, health cover etc
• Preparation of payroll for each pay period
• Preparation of disbursement instructions (direct transfers, checks etc)
• Determination of accounting charges and credits for payroll for each pay period
• Transmission of disbursement instruction to you for review and execution (we do not execute payments on your behalf since our insurers frown upon this)
• Uploading accounting entries into your books to incorporate payroll
• Preparation of statutory returns for filing with Regulatory authorities
• Preparation of business reports on payroll
• Analysis of manpower cost by segment, employee levels etc

It is easy to start using us without any significant upfront investment.   All you need to do is to acquire a firewall (if you don’t have one) so that we can have a safe/protected access to your system from our delivery center.  You need to provide us access to the payroll system you use; and arrange for input documents to be scanned and uploaded into a simple document management system.  We would take care of the rest. 

Over time, you would find the processes streamlined (thanks to our relentless pursuit to ensure all inputs are available systematically and employees are promptly paid the right amount.

• Dedicated professionals on a full time basis (starting from a fraction of an accountant to as many as you want) and charge you a “time based price” or
• Service on a “full responsibility” basis and charge you a “headcount based price” (of course after we gain reasonable insight or experience into the complexity surrounding your payroll practice).