Felicitated for his outstanding contribution in the field of informationtechnology(IT)

PUNE, India, October 17, 2012: Paysquare Consultancy Ltd. announced today that their CEO, Rakesh Jain was felicitated at the Indira IT Technovation awards 2012. The function was held on 04thOct 2012 at Dhruv auditorium, Indira Group of Institutes (IGI), Pune. Every year, The Indira Group of Institutes (IGI) awards individuals for their outstanding contribution towards the growth of IT in the country.This year, theIndira IT Technovation awardwinners were Mr. Rakesh Jain, CEO and Founder member-Paysquare Consultancy Ltd., Dr. Shambavee Sharma, Director –HR, APAC, Redknee India Tech Pvt. Ltd. , Ms. Maitreyee Mitra-Syal, Director-HR, Saba Software India Pvt. Ltd. and Mr. Phani Kondepudi, Director-Academic programs, Microsoft Corporation India Ltd. The Lifetime achievement award recipient in Technovation 2012 was Mr. Milind Padhye, Senior Director at Sybase (A SAP Company). The awardeesshared their experiences with thestudents, while providing an overview of available opportunities in the IT field.

IT-Technovation award

The chief guests for the occasionwere Dr. Ganesh Natarajan, Vice Chairman &CEO at Zensar Technologies Ltdand Dr. Deepak Shikarpur (Chairman,Board of Studies, University of Pune and Chairman, ITcommittee, MCCIA).Those present at the event included Dr. Tarita Shankar, Chairperson, Paysquare Consultancy Ltd. Regd. Office –G Building, KunalPuram Commercial Complex, Opp Atlas Copco, Old Pune-Mumbai Road, Dapodi, Pune 411012, INDIATel -+91.20.66305700| Fax-+91.20.66305757

IGI, Prof. Chetan Wakalkar, Group Director, IGI,and Dr. Ramesh Kulkarni, Principal, Indira College of Engineering and Management. On receiving the award, Rakesh Jain, CEO, Paysquare said, “I consider this award as recognitionof the contribution that Paysquare has made in the payroll KPO space. It is also a great honour to receive today’s award from my client, Zensar‘s CEO Dr Ganesh Natarajan.”About PaysquarePaysquare is a specialist in the area of end to end payroll outsourcing. With itshighly customizable and robust ‘Precision’ software platform, Paysquare offerscomplete automation while offering managed payroll services to its clients. Areal-time synchronization of ‘Precision’ with its web-based ‘myPayroll’ portaloffers employees complete access to their salary related information andprovides a single window for the HR/Finance teams to interact online with thePaysquare teams.

Powerful MIS reports help in making life easy for the HR &Finance divisions.Headquartered in Pune, India, Paysquare was incorporated in 2000, and currentlyprocesses over 100,000 payroll records every month across 225+ clients acrossIndia. Most of the clients have been with Paysquare for several years. Across ourengagements, we have provided over 99% accuracy in payroll processing. Wefollow international standards in our operations and are ISO 27001 as well as SAS70 Type 2 certified.

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CA. Vipul Gandhi

Associate Director

Khandhar Mehta & Shah - Chartered Accountants

‘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.