We are one of the leading HR consultant providing payroll outsourcing services in Mumbai. Get 100% assurance and time to focus on your business with our new age payroll consulting services in Mumbai that help you organize, analyze & add clarity to your core business. Our team of professionals can manage the consolidating and processing of payroll inputs, tax reports, statutory compliance, ITR filing efficiently.
Why choose our payroll outsourcing services ?
Promnitech Solutions combine a skilled professional team using the best technology to assure you a flawless payroll process for your company. We provide payroll outsourcing and management services to small, medium and large organizations that value flexibility, affordability and responsiveness.
We assist you in :
- Decrease the risks of compliance
- Reduce the time and cost of management
- Improve the decision-making capabilities of your business
- Providing a completely flexible system using modern technology that will give you a superior payroll system experience with 100% accuracy and zero-error payroll process
- Maintaining absolute confidentiality of client and employee information at all times
- Assuring quality and talented people that will work for you at all times
We execute every step with integrity and utter honesty to assist you with year-round access to your financial position.
The type of payroll solutions you can avail:
Promnitech Solutions provides comprehensive payroll services for companies that value flexibility, affordability and responsiveness. From one employee to hundreds, we customize a specific, confidential solution to improve operational efficiency and keep you in compliance.
The smarter payroll solutions you can avail are :
Time & Attendance: Track the number of hours an employee works each week, including leaves, tardiness, sick days, vacation days, etc while calculating the payout checks at the end of the pay period.
Tax Services: Calculate and record the number of tax services that need to be deducted before sending out the payroll.
Paycheck Services: Employees will receive the payment via cheque or direct electronic deposit.
From employee range up to hundreds, we customize a specific, confidential solution to improve operational efficiency and keep you in compliance.
How does a payroll outsourcing management process work?
- To create an effective payroll management system, you must possess the company documents like PAN, TAN, PF ESI Registration, Certificate of Registration
- Then you need to set a payment schedule to transfer the salary, it can be weekly, monthly, or quarterly
- Organizing your employees as full-time, part-time, freelance, consultants, or interns, which will help in the salary calculation of the employee
- Rules related to leaves, loss of pay, overtime, office hours, and others that will determine deduction or addition in the salary, need to be informed in advance
Advantages that companies get by outsourcing payroll services?
- Frees up precious time and allows employers to concentrate better on their business
- Reduces costs
- Helps you avoid penalties on statutory remittances
- Involve with a qualified team of experts who can administer all aspects of your HR and payroll needs
- Secured and confidential storage of information related to payroll services
- Ease of access to the information system to an employee
- Removes technology advancement costs and keeps the payroll process running smoothly
- Reducing the risk of fraud by using direct deposit and eliminating the use of paper checks that could be altered or counterfeited
- Employers gain the ability to:
- View Invoices and Payroll Reports
- Access and Update Employee Information
- Communicate with Employees
- Create Custom Reports
- Track PTO ( Paid Time Off)
- Upload Benefits Plans and Custom Benefits Documents
- Total Compensation Reports
- Employees gain access to :
- Review Checks
- Review Benefit Information
- Update Information
- Any Corporate Document
- Online Benefits Enrollment
How can Payroll Consultants at Promnitech Solutions help you?
Get comprehensive payroll outsourcing services with top-rated software and tax support by the best payroll management companies in Mumbai. We at Promnitech Solutions are committed to delivering the best payroll management processes and the best HR solutions. Our dedicated team of payroll consultants assists you in the structuring of pay structure, processing of payroll on monthly basis based on attendance details for the month, advice to the bank for remittance of salary to employees, on TDS, PT, PF, ESI, obtaining investment declaration and investment proof from employees and verifying them further, TDS computation, clarification of doubts of employees on tax deductions. We support payroll processing on cloud-based software where employees can access their payslips & tax computations. We support compliance under PF and ESI, PT, and other applicable labour laws. Under required circumstances, we do assign dedicated managers who will assist you in an uninterrupted payroll processing.
Payroll Outsourcing FAQ
SMEs outsource their payroll management to save time, effort and are cost-effective. Outsourcing payroll services also reduces the necessity of having an extra team in-house. SMEs also get services from professionals who have ample experience and expertise in payroll management.
There are many factors that will determine the cost of payroll outsourcing service. We recommend you to contact us for a consulting session, based on your requirements and employee count, we will evaluate the quotation for payroll outsourcing.
No, there aren’t any restrictions on the number of employees for our payroll outsourcing services. We work with organisations of all sizes.
Our payroll outsourcing package will include payroll tax calculation, making tax payments, filing government reports, handling social security and pension contributions.
Big businesses and conglomerates can afford to maintain their in-house payroll departments. However, MSMEs, having their in-house payroll department, is not that cost effective. If your company has less than 50 employees or falls in the range of 50-100, you can save employee cost by outsourcing payroll services.
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