Payroll Management
Payroll Outsourcing is more than just about simple cost cutting! It is about creating top 5 added business value for our clients.
As much as 50% savings on what you would pay internal accounting staff
Accurate, timely and useful financial operational reporting
Eliminates the headache of recruiting, hiring and managing clerical staff.
Access to world-class capabilities both facilities and personnel.
Frees up resources for other purposes and makes more capital funds available
Payroll management is the systematic process that companies use to handle the crucial task of compensating their employees accurately and promptly. This multifaceted function involves calculating salaries, wages, deductions, and bonuses, ensuring employees receive their rightful earnings.
It guarantees that employees' net pay aligns with their contributions by diligently tracking hours worked, factoring in overtime, and accounting for various deductions such as taxes and benefits.
Businesses often employ a payroll team to streamline this intricate process. We have technological solutions which automate calculations, reduce errors and saving time. Our Team also generate comprehensive reports that aid in financial planning and regulatory compliance.
Specialised Features
Payroll Outsourcing includes major benefits such as time tracking, calculating wages, and distributing payments to employees. Companies can reduce the potential for errors and inaccuracies, increase efficiency, and save time and resources.
Top 5 Benefits of Payroll Outsource Management with PKG Professionals
Accuracy: Payroll Management Outsourcing can automate complex calculations and reduce the risk of human error, thus ensuring employees are paid accurately and on time
Efficiency: This software can streamline the payroll process by automatically generating payslip, saving businesses time and money
Security: Typically, the payroll processing system includes robust security features to protect sensitive Employee Information and financial data, reducing the risk of data breaches
Reporting and Analytics: Many such software offers customisable Reporting features, allowing businesses to generate detailed reports on payroll expenses, tax liabilities, and other financial metrics
Integration: Payroll solutions can seamlessly integrate with other HR and accounting systems, ensuring a smooth flow of data across different departments
Online employee onboarding
HRIS - employee database & Dashboard
Attendance & Leaves
Automated payroll processing
Role wise Compensation
Labour Compliance payments & Challans
Expense Claims & Tax Saving Declaration
Policy centre – OneClick Solution
Basic HR Checklists
HR letters & email templates
Biometric attendance (Integration)
Automatic MIS reports by email
Reporting hierarchy / Org chart.
Offer Letter tracking & automation
Online direct salary transfer
HR/IT/ Finance Helpdesks
OKRs/Goals & KRAs & KPIs
360° performance reviews
Employee self-help service
Design Employee Benefits for Employee Retention
Globally successful proven facts to design best rewards policies as per employee preference, high results on productivity and talent retention
Employee Benefits
We design ESOPs, Car lease policy, Employee Asset Policies, Tax saving policies, and long term employee retention policies for higher productivity and efficiency.
Total Rewards & Recognition
Designing of Sales incentives, reward schemes for potential Growth of the company & individuals