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

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