Scope of Services For Payroll Outsourcing
- Gizmosys will input/capture, compute and finalize the
Client’s payroll i.e. claims and monthly salary payouts. This will be carried out
in strictest confidence by Gizmosys based on all payroll related information provided
to Gizmosys by the Client, Statutory Bodies in India and any banks pertaining to
staff bank loan deductions and subsidies
- Gizmosys will render the additional services of assisting
the Client in capturing and screening the information provided by the Client to
ensure that they are in accordance with the Client’s company’s policies and procedures
and all government regulations
- On monthly basis, Gizmosys will make timely cheque request
and funds requisition to the Client for the payment of salaries and wages via multiple
bankers, statutory payments, namely EPF, ESIC,INCOME TAX, PT Returns & Challans
or other loan repayment and subsidies, salaries by cheque, namely resignations and
new hires after the monthly payroll cut-off date
- A time schedule will be agreed between Gizmosys and the
Client, stipulating the deadlines
- Gizmosys will prepare all standard payroll reports, after
each payroll period
- Half Yearly / Yearly, Gizmosys will prepare the Payroll
Data for Client Analysis
Payroll Services :
We know that running a business is not an easy task. That’s why we are here. By
providing you a comprehensive service in payroll & Compliances, you can say goodbye
to extra time spent administering your payroll. So that you can focus on more important
things, like, running your business!
With the rapidly changing business environment and a complicated administration
procedures system in India especially in the labor environment, most of foreigner
companies facing a lot of difficulties to deal with this issue, so using payroll
services and
payroll outsourcing is one of a smart choice.
Advantages of Payroll Outsourcing :
- Focus more on Your Core Business
- Get Access to Expertise and Technology
- Reduce your Costs
- Reduce your Risks
Tags: Payroll Outsourcing , Payroll Outsourcing services, Payroll Compliance,
Compliance Services