Payroll processing is an aspect of bookkeeping and a highly diligent job. Timely and accurate payroll processing is of high importance to remain compliant with tax regulations and maintaining employee morale. While HR needs to focus on talent acquisition and retention, transactional HR and payroll activities can be outsourced. Managing payroll within the organization can be a tough task because of penalties for non-compliance to statutory requirements, employee satisfaction, timely generation of payroll and other issues. In terms of cost also, the companies that do their own payroll processing finds that it is not that all cheap and simple,
considering the time that is spent in managing the entire process. Further, generally HR or accounts department process payroll in the organisation. Considering sound business control, payroll should be processed independently of HR or accounts department. We simplify and streamline the management of our client’s contingent workforce. This gives an edge to them to save considerable bandwidth, resources & time spent on payroll processing.