You Are At : Services >> Payroll Processing

Payroll Processing

Running a business is not an easy task and that's why we are here. We provide you with a comprehensive service in payroll and give you time to focus on other important business issues.

Vital HR information from payroll can help you manage your business efficiently

Benefits of outsourcing:

  • Professional judgment on constantly modifying Government regulations
  • Reduce the time spent on administrative task and to refocus on strategic planning initiatives
  • Reduces financial risks involved in non-compliance of legislative, corporate and technology changes
  • Growing need for companies to leverage on established HR service providers for information and expertise that are not available internally
  • Strategic partnership with HR service providers enable more flexibility and tailor-made solutions for ever-changing operational needs
  • Increase employees satisfaction as a result of more timely and accurate response to their HR issues and queries

Outsourcing ensures that all internal stakeholders get to enjoy some form of benefits and convenience for:

The Management
  • Attain cost savings by reducing capital investments
  • Strengthen internal control and planning
  • Reduce turnover, rehiring and retraining
HR Department
  • Reduce tedious and time consuming administrative work
  • Strengthen internal control and planning
  • Reduce turnover, rehiring and retraining
  • Fast and accurate access to information
Cost-effective solution
  • Eliminates cost of initial hardware and software investment and its subsequent maintenance
  • Reduces spending on technology upgrades due to obsolete functionalities and changes in statutory requirements
  • Control operating costs as fewer employees needed to perform these administrative tasks, thus maintaining low headcount
Indirect savings
  • Reduces errors from manual handling of data
  • Reduces risks involved in security and confidentiality issues
  • Opportunity cost from redeploying HR resources and investments to other areas
  • Reduce risk of fluctuating employee turnover and the need for recruitment and retraining, thus ensuring a stable operational environment
Services offered:
  • Salary and other benefits structuring
  • Migration of past payroll data
  • Setting up employee master data base
  • Test run for ensuring that the set-up is complying with delivery requirements, including reconciliations with actual runs (if any) already carried out.
  • Timely and accurate salary processing
  • Generating Pay Slips
  • Data generation and management of Statutory reports
  • Full and Final Settlement of left employee
  • Handling Client and employee query
  • IT Computation
  • Receipt and verification of declaration and proofs
  • Issuance of Form 16 within the timeline
  • Pay registers and CTC reports
  • Loan statement, advance salary & Leave reports
  • Bank advice reports
  • IT reports etc