Title: Payroll outsourcing Pros and Cons
1Why you should definitely invest in outsourcing
Payroll
- Remunance Systems Pvt. Ltd.
2- Payroll outsourcing is very tempting and
companies are using it but it might have some
risks involved in it. Its suggested to look for
both the advantages and disadvantages of using
the outsourcing service, before hiring it.
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3Payroll outsourcing services in India
- Payroll outsourcing services in India refers to
an allocation of some specific business processes
to an expert but external payroll service
provider. - In today's time where the organizations, prefer
to outsource their processes, there are several
reasons behind that which they consider
beneficial for the company - Especially when it comes to payroll, most of the
companies prefer to outsource the process, as it
is a temporary process and is done once in a year
or in six months, for which they don't want to
hire a whole team of professionals. - This increase in Payroll outsourcing services
India led to the development of several payroll
service providers.
4PAYROLL OUTSOURCING SERVICES PROS AND CONS
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5Payroll Outsourcing Services - Pros
- Save A Lot Of Companies Time As The Service
Provider Will Be Responsible For Calculating The
Pay, Deduction And Them Remitting Checks To
Employees And Taxation Authorities - Save The Cost Of Printing The Pay Stubs
- Check In/Out Function For The Employees, Which
Will Save Your Time From Calculating How Many
Hours An Employee Has Worked - Calculates The Taxes With Full Accuracy As The
Payroll Service Provider Is Well Aware Of All The
Deductions And Can Handle Them Accurately In The
Employees Payment
6- Especially For A Small Business Owner, It Will
Lessen Your Capital Investment In The Business As
Managing It Internally Always Cost More Than
Outsourcing It - If Your Business Is Growing Rapidly Then
Outsourcing Payroll Will Reduce A Lot Of Your
Burden As It Will Bring More Ease And Flexibility
Of Operations, While You Can Concentrate On Your
Core Business Instead Of Thinking About The
Payrolls. - You Can Get Better Payroll Services Since You Are
New In The Business And Know Less About The
Payrolls, It Will Help You In Availing The Best
Services Available In The Market.
7Payroll Outsourcing Services - Cons
- In case you hired a wrong company to do your
payrolls, it can produce a lot of errors. Hence
selecting a proper service provider is very
important. - In case you failed to pay the taxes on time or
the paid taxes were not accurate, you will be
responsible for that, not the company which you
have hired to do your taxes and payroll. - Several payroll companies offer other lucrative
services along with the payroll one which are
inclusive in the package, which might result in
increasing your cost.
8We Offer You as Service
- There Will Be Complete Administration Which Is
Helpful For The Employees And The Management. - Right From The Date Of Joining There Will Be Full
Pledged Information Which Is Recorded For Every
Employee. - There Are Many Numbers Of Tax Tables And As Well
Various Other Forms Which Are Useful For Making
Calculations.
9- Leaves are a common thing and even inevitable at
times of need. - Sick leaves and all the other holidays are
generally managed here without any sort of issues
or confusions. - Quarterly or half year bonus and as well
commission based on the performance are common
with any company. All these are recorded and can
be used to analyze for the future use. - All sorts of returns are happily filed and can be
used as a reference for the future filling of
forms without any hassles.
10Why you should definitely invest in outsourcing
Payroll to Remunance
- Save Time
- Save Energy
- Save on Human Resources
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11Remunance brought You this Presentation
12Contact Us
- 11 - Erandawane Phatak Park, Off Karve Road Pune
- 411004, India. - Phone (91-20) 25453788
Want To Part Of Our Organization Then Visit Our
Career Page
13Remunance brought You this Presentation
14Thanking You
For More Information Visit Us at
http//www.remunance.com