Employee Payroll Services - PowerPoint PPT Presentation

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Employee Payroll Services

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Employee Payroll Services from Remunance the leader in outsourcing payroll processing services. Get complete payroll administration rights from employee joining to full & final settlement. – PowerPoint PPT presentation

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Title: Employee Payroll Services


1
Employee Payroll Services
  • http//remunance.com/

2
Introduction
  • Payroll isnt just about paying your people.
  • Payroll Management System is used to collect
    employee data, that a company uses to manage as
    records of the employees working in the company.
  • Only the office administration has the authority
    to read and update data of employees. Employees
    can only log in to system and check their
    reports.

http//remunance.com/
3
PAYROLL SYSTEM IS USED TO
  • Create and collect Data.
  • Delete unwanted Data.
  • Save collected Data,
  • of employees according to the information
    provided by them to administration.

http//remunance.com/
4
OBJECTIVES
  • To improve efficiency of companys
    administration.
  • To maintain up-to-date information of the
    employees.
  • To aware employees about the rules of the
    company.
  • To increase security of the database.

http//remunance.com/
5
Why Employee Payroll Services Remunance.com
  • End to End payroll administration right from new
    employee to F-N-F settlement.
  • Pan India presence with services being provided
    in more than 29 locations.
  • 14years of Expertise and proven track record of
    working with businesses from diverse industry
    verticals and size.
  • India partners of three Multi-country payroll
    service providers.
  • Provide customizable tax tables, calculations and
    forms.
  • Track vacation, sick holiday pay in addition to
    regular bonus and commissions.

http//remunance.com/
6
  • Maintain Payroll history for each employee.
  • Pay by hourly, weekly monthly schedules, as
    applicable manage expert payroll.
  • Maintain a Checks issue register. Generates Cost
    Accounting Reports, Wage reports (monthly,
    quarterly annual) and Management dashboards.
  • Issue Pay slips to each employee in PDF format.
  • Maintains all statutory records such as Tax
    deducted at Source, Provident Fund contributions.
  • Generates all year end and quarterly reports for
    electronic filing.
  • All statutory forms such as Form 16, Form 12,
    Form 6, and Form 24Q, Form 24 etc. required for
    filing quarterly and yearly returns.

http//remunance.com/
7
Methodology for Advance Payroll Processing System
  • Payroll is an important process. It demands
  • Accuracy, Quick service and Confidentiality.
  • Remunance partners with customers throughout the
    outsourcing process in a structured and
    transparent way that proceeds in 4 phases
  • Planning
  • Onboarding
  • Parallel run of Payroll
  • Going Live.

http//remunance.com/
8
1. Planning
  • Companies considering payroll process outsourcing
    look beyond the obvious cost arbitrage and
    address several enterprise-wide issues such as
  • What are the regulatory and operational risks?
  • How do we ensure that there is no business
  • disruption?
  • What investments are needed in technology?
  • How will the change be managed?
  • Are we ready for the change?
  • Remunance helps customers find answer
  • these and similar questions.

http//remunance.com/
9
2. Onboarding
  • Remunances transition methodology ensures that
    processes are migrated smoothly. Here we make
    sure we understand -
  • 1.Existing process and client expectations.
  • 2.We make sure historical data is transferred
    Correctly.
  • 3.Configure Master file.
  • 4.Run historical file.

http//remunance.com/
10
3. Parallel run of Payroll.
  • Remunance has a structure where we run Parallel
    Payroll for a month to ensure that the data input
    given to us and the data output we are creating
    has no mismatch.
  • 1. We update changes after 1st Parallel Payroll
    Run.
  • 2. Match reports from both the ends.
  • 3. Accurate reports.

http//remunance.com/
11
4. Going Live.
  • Once reports are matched from both sides -
  • 1. We create portal for the company
  • 2. Provide Login credentials to all employees.
  • 3. Go Live.

http//remunance.com/
12
Contact Us
  • Address
  • 11 Erandawane, Phatak Park, Off Karve Road,
  • Behind Sharada Center,
  • Pune 411004
  • Contact No.- 9552580072
  • http//www.remunance.com/

13
THANK YOU
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