Payroll Processing

Payroll Processing

NEED FOR PAYROLL OUTSOURCING
  • Payroll Management is a time consuming process
  • It is difficult to keep a track of when to pay the monthly statutory deposits and when to file returns
  • Erroneous and late filing result in penalties
  • It is a headache to keep a track of the various changes in rules
  • Benefit programme of complex nature cannot be implemented
  • It is difficult to keep and organize all records
COMMON MISTAKES IN PAYROLL PROCESSING
  • Setting up Payroll Incorrectly
  • Forgetting to record in paper checks
  • Submitting deposits late or incorrectly
  • Neglecting to run payroll on time
  • Compliance differ location-wise
  • Non-Confidentiality & Data Leakage

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