Payroll Outsourcing
What is Payroll Outsourcing?
Payroll outsourcing is the process of delegating salary calculations, tax deductions, compliance, payslips, and employee benefits to a third-party provider. It helps businesses save time, reduce errors, and stay compliant with PF, ESIC, labor laws, and other statutory requirements. A fully digital payroll system removes paperwork, ensures accurate salary payments, and keeps employees satisfied. By making payroll processes easier and more organized, organizations can spend more time on their main business activities while keeping payroll efficient and error-free.
Benefits of Payroll Outsourcing
By managing your daily HR activities, HRTailor’s Full HR Outsourcing Services excel in helping businesses in achieving their goals.
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Advantages with HRTailor
Dedicated Online
HR Manager
You will receive a Dedicated Online HR Manager from HRTailor specifically for you and your business.
Organizational Growth
With HRTailor efficient HR processing, HRTailor will assist you in growing your firm.
Saving
Time
HRTailor will free up your valuable time so you can concentrate on your main tasks.
Security of
AWS
You’ll get AWS security with HRTailor. Data security is something not to be concerned about.
How HRTailor Payroll Outsourcing Process Work?
Payroll Outsourcing Process
- HRTailor’s Online HR Manager handles monthly payroll, including incentives, bonuses, appraisals, and salary restructuring.
- Employee attendance is tracked, and payroll proceeds only after confirmation to ensure accuracy.
- Draft pay sheets are prepared and salary slips are uploaded once confirmed.
- All payroll-related employee queries are addressed, ensuring tasks are completed smoothly and on time.
Employee Self - Service
- With our HRMS system, Employee’s can see or download their pay slips.
- All the documents uploaded during the induction process are available for them to view or download from any location at any time on any device.
- Managers are granted administrative access, enabling them to approve or reject requests for attendance or reimbursement of expenses.
Compliance
- Hrtailor continuously updates and improves compliance processes to stay aligned with current regulations and best practices.
- Prepares detailed reports on Tax Deducted at Source (TDS) for monthly deductions and payments, ensuring accurate and timely compliance.
- Prepares employee salary details, bank account information, and transfer amounts to facilitate easy and accurate bulk salary transfers according to client instructions.
- Provides Form-16, a certificate of TDS, to employees as required, ensuring they have the necessary documentation for tax filing.
