images

Payroll Processing And Management

Payroll processing isn’t just about paying salaries to your employees. One of the most important functions of any organization, payroll processing can create nightmares to many organizations because of problems such as errors in calculation, income tax, statutory and regulatory compliance, and high costs of payroll management.

As a reliable partner, we offer a better and more efficient system for your organization. We ensure your payroll processing and management services are free from all kinds of errors, while providing you swift service and ensuring the utmost confidentiality of your information.

  • 1. Monthly Salary Processing - All you need to do from your end is, send us the variable monthly particulars. After that, we take care of everything, from timely processing of payroll to the correct withholdings and deductions.
  • 2. Payroll Compliances - You do not need to worry about any paper work or red tape as we ensure accurate processing of compliances including Employee Provident Fund (EPF), Employee State Insurance (ESI), Professional Tax (PT) and Labour Welfare Fund (LWF).
  • 3. Reimbursements and Arrears - Once your employees submit their reimbursement claims, we validate the claims based on your policies and integrate it with payroll data, while also ensuring consolidated reports for assistance during audits.
  • 4. Employee Self Service (ESS) - We provide online technology tool for employees to view their salary slips, submit IT declarations, and submit any queries.
  • 5. Automated Attendance - The ESS is also a platform that helps automate the attendance process and allows employees to apply and sanction leaves online which we automatically account for in the payroll.
  • 6. CTC Design and FnF Processing - From working out tailor-made CTCs for various positions to ensuring the concluding formalities are comprehensively addressed, our expert team ensures complete compliance with legal as well as established company policies

Optimum Compliance Consultants over 20 years of experience will always ensure you the optimum guidance.

Enquiry