Bangalore is one of the biggest IT hubs and it is also home to large commercial enterprises. It is a given that most enterprises in Bangalore have some form of automation or other in payroll and HR processes. Some may have opted to outsource payroll services in Bangalore due to inherent advantages. The process may be simple enough, concerning only the payroll process while most HR functions are managed by an in-house team. Is this the best combination or can one go beyond simple payroll services?

Comprehensive payroll services

Outsourcing just payroll services is only half of the job. The crucial part is time attendance and statutory compliances as well as employee self service that combine to form a complete picture of what payroll involves. If you think of outsourcing payroll services then it is not sufficient to just handover only the part of calculation of salaries to outsourced payroll services in Bangalore. Comprehensive payroll services would cover:

• Time attendance records, process and management including leave
• Payroll calculations with deductions, perquisites and reimbursement of expenses
• Printing of salary slips and direct bank transfer to employees’ bank accounts
• Records of each month’s payroll process with report
• Induction of new employees into the payroll process and termination procedures of outgoing employees
• Statutory compliances including Income-Tax and others such as ESI, PF along with preparation and filing of returns as well as deposits in appropriate account
• Performance and analysis of workforce