Payroll mistakes can happen faster than you think. For a moment, think about the employees for whom monthly salary is the only source of income. Imagine what if the salary is not paid accurately or there is a delay in releasing salary. Such irregularities can take a toll on the morale of the employees and ultimately affect the business productivity.
While ensuring accurate and timely payment of salary is important, adhering to the various laws and regulations such as labor law and other statutory compliance is also critical. Non-adherence with these laws can attract serious legal and financial consequences.
To make sure that your employees are happy and you are law compliant, you need to have a proper understanding of what payroll is and how to run payroll effectively.
Our payroll services include:
•    Establishment of Payroll  Policy
The net amount to be paid is affected by multiple factors. The company's various policies such as pay policy, leave and benefits policy, attendance policy, etc. come into play at that time. We make sure that such policies are well defined and approved by the management to ensure standard payroll processing.
•    Collection and Management of Employees data
Payroll process involves interacting with multiple departments and personnel. There can be information like mid-year salary revision data, attendance data, etc.
We help you check for validity of the data concerning adherence to company policy, authorization/approval matrix, right formats, etc. We also make sure that no active employee is missed out and that no inactive employee records are included for salary payment.
•    Determination of Gross and Net Pay
We assist you in making adjustments regarding taxes and other statutory deductions, reconcile the values and verify for accuracy to avoid any errors to make sure you comply with laws and regulations.
•    Processing and Recording Payments
     We assist you in making disbursements to employees
•    Management of Payroll Records
Salary paid is one of the significant operating costs which has to be reported in the books of accounts. As part of payroll management, it is essential to check that all salary and reimbursement data is fed accurately into accounting/ERP system.


We make sure you stay compliant and informed!