Being competitive and focus on core process is the mantra for organization today. In such a competitive scenario, outsourcing of non-core process is a logical and integral part of the organization's business strategy.
The Process Outsourcing of Payroll as a process and functional unit benefits an organization in more than one ways. For existing clients of TSPL, considering the fact that TSPL is already implemented at your end, the service could be further enhanced such that the database and control point remains with your organization and at the same time, outsource the process enabling you to concentrate on more competitive business opportunities.
Being competitive and focus on core process is the mantra for organization today. In such a competitive scenario, outsourcing of non-core process is a logical and integral part of the organization's business strategy.
Our Clients
The Process Outsourcing of Payroll as a process and functional unit benefits an organization in more than one ways. For existing clients of TSPL, considering the fact that TSPL is already implemented at your end, the service could be further enhanced such that the database and control point remains with your organization and at the same time, outsource the process enabling you to concentrate on more competitive business opportunities.
Why Outsource?
The benefits of process outsourcing are enormous, including Just In Time information at the right time every time. Being our core business, you could leverage upon the same and devote your internal resources and capital funds to profit-driven activities - accelerating re-engineering processes and responding with greater flexibility to today's rapidly changing markets.
TSPL caters to MNC's, Large organizations and SME's alike with a delivery model suiting individual requirements.
Why Technowin ?
Experience spanning over a decade.
De facto standard for large companies for adherence and streamling of their process around the system.
Compliance to the changing government rules and employment regulations.
Quick turnaround time for new employment policies and support to the management for all their MIS activities.
Value added services in the form of Gap analysis and Optimization of reimbursement model.
General Services
The brief scope of activities involves initial setup of the master details of all employees and the configuration of the company re-imbursement policies and documentation of the same for reference and future updates.
The monthly activities would involve coordinating with the client time office department for attendance registers and update of the same into our system for generation of various reports including Payslip, salary sheets, deductions statements and Income Tax, Proff. Tax. Etc.
Other deductions statements and reports like projection sheet for employees, quarterly/half yearly reports to be printed.
Annual Reports like Income tax statements to be printed and submitted to the client
A list of indicative reports for reference of scope are
Employer
Salary register
Tax Calculation
Deduction statement for the month for the various statutory heads
Income tax deduction statement (including e-TDS )
PF Statement (monthly/yearly)
ESI statements
Salary JV for the month
Employee
Payslip
Bonus and other annual statements
Monthly reimbursements and track of perquisites
Income tax reports like Form –16/24
Projection of tax liability
All other Re-imbursements done to the employee
Engagement Model
We wish to assure you of the best secure environment for confidential handling of the payroll data. The operation procedure for collection and handover of all payroll related data would be as follows.
A Account Manager identified from our end would do all the client side engagement and our back office team for processing and handover of payroll data.
A Co-ordinator to be identified at your end for a one-point contact with us for all the confidential information .
