Enhance Full Control on Business with Online Payroll Outsourcing
Every business whether small or big has a big concern of ensuring that each and every employee is paid in a timely manner and in an accurate fashion. But keeping this correct rhythm is not always possible when internal people are employed in payroll management services.An online payroll outsourcing service can be a great benefit for your business taking all the payroll management burden off of your company’s shoulders. Instead of hiring other people inside your company to run your payroll, you can outsource your payroll management process to an online payroll outsourcing company.Here are the major benefits you will receive from online payroll outsourcing.
Dedicate Your Time in Growing Your Business
You as the owner or your business employees do not have to do calculations by hand or manage payroll taxes and therefore you all can free up some time in doing other business activities. The precious time you save from these calculations can be utilized in building and growing your business which is extremely important as a developing company.
Saving Money
Although it looks cheaper to do all the payroll operations by hand, it is not true in the real world. Doing it internally without good expertise may result in big and serious mistakes and mind it- Payroll mistakes are costly. There can be big penalties imposed on you by the government if some big mistake in payroll accounting is done. An online payroll outsourcing company will use payroll software and do all calculations accurately. They will file and deposit all your taxes and this will help you in avoiding any costly error. Therefore choosing an effective and cheaper payroll outsourcing business plan will help your business save money.
Online Payroll Outsourcing brings payroll experts to you
Payroll expertise is needed to accurately perform payroll operations and should be according to the local government rules and norms. You and your company members might lack payroll expertise. When you use online payroll outsourcing, you don’t have to worry about any inaccuracy in payroll processes. These online payroll outsourcing companies have payroll experts who work excellently using the latest payroll software and tools.
Stay up to date with the latest payroll rates and laws
Payroll rates and laws keep on changing from time to time and it is not always possible to stay up to date with them. It is also difficult to keep a track of what is correct and what is not. Without having the correct and latest knowledge of payroll rates and laws, you can use the wrong tax rates. The online payroll outsourcing business will do regular updates and checks and therefore you don’t need to worry about the rate changes and running payroll accurately.
Be Secure with All Your Information Safe
There is a lot of sensitive information when using Payroll information which includes pay rates and also social security numbers. These all information have to be in safe hands. Trusted online payroll outsourcing companies will always save your data on secure servers and you need not worry about hackers or viruses. Also, since your sensitive data is in safe hands, your employees can’t easily run away with this sensitive information.
Which is the best payroll outsourcing service in India?
Payroll processing is a highly specialized area and is not just a simple work of managing accounts and salaries. PaySquare is one of the best payroll outsourcing services in India that can handle all the tasks of payroll services efficiently.
Conclusion
Thus online payroll outsourcing helps you to manage your payroll at your convenience. You get rid of all the burdens of creating and managing payroll according to the latest rates and regulations and also managing the strict deadlines. With the payroll outsourcing benefits, you and your employees get a complete peace of mind having an enhanced full control over business and thus improving productivity.
‘Paysquare’ a perfect
match for us as a consultant to deliver the best to our client. It extends User friendly
portal for Employees and seamless processing of Payroll including statutory compliance
on time! We
Parameshwer Matla
Human Resources
Columbus India
‘Paysquare’ a perfect
match for us as a consultant to deliver the best to our client. It extends User
friendly
portal for Employees and seamless processing of Payroll including statutory
compliance
on The most valuable service that we get from you is "peace of mind." I know that
once I
submit our payroll information, everything will happen on time, payroll, pay slips,
statutory reports, full and final settlement, returns and I know that we are and
will be
always in compliance with statutory laws regarding payroll.
Ramakrishna Dabbara
Sr. Manager – Finance
Sumtotal Systems
We would like to take this
opportunity to thank you for your continual support till date! Your support
especially
during this pandemic has been awesome! Be it the TAT (turnaround time) you people
are
processing our requests, being accommodative in accepting the II, III payroll
revisions,
working late/ weekends, delivering the reports in time and minimal to zero errors
are
some of the examples of your commitment towards work & deliverables.
Abhijeet Shete
SENIOR MANAGER- HUMAN RESOURCE
Altra Industrial Motion India
We would like to take this
opportunity to thank you for your continual support till date! Your support especially
during this pandemic has been awesome! Be it the TAT (turnaround time) you people are
processing our requests, being accommodative in accepting the II, III payroll revisions,
working late/ weekends, delivering the reports in time and minimal to zero errors are
some of the examples of your commitment towards work & deliverables.
Sukesh Baban Dhage
Manager Accounts
Hi Tech BioSciences India Private Limited
On behalf of Hitech
Bio Sciences India Pvt. Ltd., Hi Tech Bio Laboratories, Hi Tech Analytical Works
& Hi Tech Biosynth Pvt. Ltd., we appreciate your dedication to provide Payroll
services to our companies from the approximately last 4 years. We acknowledge the fact
that due to COVID-19, situation has become really tough across the globe. We all are
forced to stay at our homes and take extra care of ourselves along with family members.
It is a privilege to acknowledge you and your consultancy’s efforts and recognize the
valuable service that you have provided to us.
It is always gratifying to
work with such great people with extraordinary abilities to provide good and quality
service. The kind of response from your side get is fabulous and most memorable with
professional culture. Specifically we would like to mention that, your approach towards
the client is fantastic, for e.g. response to email is very prompt, continuous touch
with client, on time response to queries or questioners’, on time and accurate report
sharing. Flexibility to client requirement, Client / customer centric approach etc.
Timely payment of salary gives a lot of confidence to all employees and it is due to our
partners like Paysquare that Hi tech has never defaulted on its commitment of timely
payment of salaries.
Ratnakar Dhakad
Senior Operation Manager
Tecknack Technologies Private Limited
We are very impressed
with Paysquare team due to their ability to process payroll very efficiently. We
found the implementation team very knowledgeable, supportive and very systematic.
Paysquare is a very
matured payroll processing solution and they have well paid down processes to manage
first time as well as every month's processing.
Monica Shah
HR Business Partner India
Victaulic Piping Products India Private Limited
Honestly , It has been an
amazing experience working with Payroll team as on date . Deepika and Uma
has been a strong support to us.
They have always been very helpful and co-operative. I congratulate them to run payroll
with zero error
every month.
And I expect the same level of support in future. I am happy to be associated with
Payroll team.
Seagate India
Manager
I have been a client of Paysquare for 7 years and their services are fantastic. Migration from the old
consultant to Paysquare was seamless. Soon after the migration, Paysquare team was up the learning
curve. They never missed the deadlines provided by us. The team is always reachable, and they keep us
informed about changes in taxes or government policies which impact payroll. I have complete
confidence and trust in their payroll solutions, and we will always recommend them. Any company
looking to ease their payroll burden with friendly service and a flexible, secure system should partner
with Paysquare.