Payroll Outsource | Payroll Processing Mumbai India | Payroll Process Outsourceing

Technowin provides affordable payroll outsourcing services in Mumbai as well as all over India to suit the needs of any kind of businesses across different domains. With Technowin’s simple payroll outsourcing service, you can be rest assured of less paper work and you get the best value for money. We fully understand that payroll processing is a time-consuming but extremely important process as it involves two of the most valuable assets for your organization – People & Money. With our decade old experience in this field, we take care of it so that you can concentrate on other important tasks like sales, marketing and company expansion plans.

By outsourcing payroll services, you can now have salaries to be uploaded directly into your customer’s bank accounts. They now don’t have to make inconvenient trips to banks to deposit their pay-checks. This also eliminates paper handling nightmares and tiresome tasks like salary checks reconciliation.

One of the major payroll headaches especially for small business owners is that they have to constantly keep pace with government forms and changing regulations and upgrade their payroll softwares. With Technowin as your payroll service provider, you don’t need to worry about the recent tax calculations and government regulations as we take care of all your payroll tax requirements when you outsource payroll services to us. You also get an expert payroll service without having any dependency on your existing staff for payroll processing.

We are aware that payroll processing service is a mission critical activity and having a team of expert professionals curbs the risk of inefficiency and boosts performance. Hence Technowin’s team of payroll professionals well complimented with our payroll systems is the best payroll processing solution for companies in India as well as globally. We can manage a complete spectrum for a group of companies or even for a start-up establishment with our expert payroll outsourcing..

The Process Outsourcing of Payroll as a process and functional unit benefits an organization in more than one ways. For existing clients of Technowin, considering the fact that Technowin is already implemented at your end, the service could be further enhanced such that the database and control point remains with your organization and at the same time, outsource the process enabling you to concentrate on more competitive business opportunities.

WHY OUTSOURCE?

The benefits of process outsourcing are enormous, including Just In Time information at the right time every time. Being our core business, you could leverage upon the same and devote your internal resources and capital funds to profit-driven activities - accelerating re-engineering processes and responding with greater flexibility to today's rapidly changing markets. Technowin caters to MNC's, Large organizations and SME's alike with a delivery model suiting individual requirements.

WHY TECHNOWIN?

• Experience spanning over a decade.
• De facto standard for large companies for adherence and streamling of their process around the system.
• Compliance to the changing government rules and employment regulations.
• Quick turnaround time for new employment policies and support to the management for all their MIS activities.
• Value added services in the form of Gap analysis and Optimization of reimbursement model.

ENGAGEMENT MODEL

We wish to assure you of the best secure environment for confidential handling of the payroll data. The operation procedure for collection and handover of all payroll related data would be as follows. A Account Manager identified from our end would do all the client side engagement and our back office team for processing and handover of payroll data. A Co-ordinator to be identified at your end for a one-point contact with us for all the confidential information .

GENERAL SCOPE OF SERVICES

The brief scope of activities involves initial setup of the master details of all employees and the configuration of the company re-imbursement policies and documentation of the same for reference and future updates.

The monthly activities would involve coordinating with the client time office department for attendance registers and update of the same into our system for generation of various reports including Payslip, salary sheets, deductions statements and Income Tax, Proff. Tax. Etc.

Other deductions statements and reports like projection sheet for employees, quarterly/half yearly reports to be printed.

Annual Reports like Income tax statements to be printed and submitted to the client. A list of indicative reports for reference of scope are

Employer

• Salary register
• Tax Calculation
• Deduction statement for the month for the various statutory heads
• Income tax deduction statement (including e-TDS )
• PF Statement (monthly/yearly)
• ESI statements
• Salary JV for the month

Employee

• Payslip
• Bonus and other annual statements
• Monthly reimbursements and track of perquisites
• Income tax reports like Form –16
• Projection of tax liability
• All other Re-imbursements done to the employee
• 24 x 7 Employee Self Service Portal Access

Payroll Outsourcing Company In Mumbai

Payroll Processing Service