Payroll outsourcing company in pune
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Paysquare is a payroll outsourcing leader established in 2000, headquartered in Pune, processing over 200,000 employee records monthly for 600+ global clients. They offer comprehensive payroll management services, statutory compliance, leave management, and various employee documentation services, while ensuring data security and confidentiality. Paysquare emphasizes technological efficiency, integrating HR systems, and maintaining high-quality performance through dedicated support and monthly reviews.
Payroll outsourcing company in pune
- 1. A leader in Payroll Outsourcing
- 2. Incorporated in 2000 & HQ at Pune Paysquare Story Processing 2,00,000 Employee Records Per Month across 600+ Corporate Clients Globally Data Center and Disaster Recovery Center at Pune & Mysore Regional offices at Mumbai, Bangalore ,Delhi & Hyderabad ISO 27001 and SSAE 16 & ISAE 3402 Certified
- 3. My Payroll End To End Payroll Management (Monthly Processing, F&Fs, E-TDS Return Filing). ESS & CSS Portals for Ease of Access of Reports Contribution Reports, Challan Generation, Filing of Forms Statutory Compliance Module that simplifies leave and attendance management Leave Management System What We Offer Claiming, Approval and Required Reports Including Financial JV Non-Payroll Expense Reimbursement Administration of Provident Fund, Superannuation, Gratuity Trusts Retiral Trust Appointment, Increment, Offer, Experience Letter Etc HR Document Generation
- 4. Our Core Services Efficiency report is sent on monthly basis to track our performance against the agreed SLA • Handling of Masters, loans, third party payment, reimbursement, non recurring payment/ deduction, Perquisites, Flexi Basket, multi location, minimum wages and finally payroll processing • Full and Final Settlement • CTC related reimbursement processing (Medical, LTA, Fuel, Telephone etc) Payroll Management • Make applications for leaves, comp off, encashment etc and approval thereof • Interface with attendance systems for data transfer & Attendance regularization • Rights for shift rostering/ approval of leaves/ adjustment in leaves etc. • Various outputs stating the leave calculations/ balances etc. Leave Management • Calculation and deduction of all statutory payments (TDS, PF, PT, ESIC, LWF) • Upload of data on respective websites and generate the challans • Filing of transfer & withdrawal forms for PF • Filing of returns with Govt. agencies • Investment proof verification and preparation of form 16 in digital format Statutory Compliances
- 5. myPayroll (Web-based ESS & CSS)EMP Inputs HR & FINANCE 3rd Party HRMS & Attendance systems The Workflow Output Employee Precision (Payroll Engine) HR & FINANCE Outputs Employee
- 6. • New Joinees • Attendance • Master Changes • OneTime Payments • Recoveries • F&F Settlements Employer Inputs • Income Tax Declaration • Reimbursements • Year end proofs • Employee Poll Employee Inputs • Salary Register • Variance Report • Summary: PT, TDS, PF, ESIC, LWF • Tax Register • Financial JV • Manpower Reconciliation • Net Pay Reconciliation • Bank file (Multi-formats) • Reimbursement Balances • YTD Pay slips • Location/Cost-centre-wise payroll summaries Output – Client • Payslip • Tax Computation Sheet • Reimbursement Bal • CTC Summary Output- Employee PAYROLL ENGINE • Input data upload • Single click payroll engine for pay calculation using formula driven process Payroll Process
- 7. 24/7 online access IT Declaration and proofs Benefits For Employees CTC reimbursements Leave ManagementPayslips, Tax workings, Pre filled PF Forms Queries Handling
- 8. Query Logs Online input/ output Workflow based loan management Custom report builder Role based access Tax compliant and timely services Benefits For Client Admin
- 9. • Understand current processes • Gather requirements • Create pay logic document • SLA freeze Deeper understanding 1 • Create company & Configure in applications • Master file set-up • Historical data processing Configure and setup 2 • Concurrent payroll processing • Report matching Matching It-up 3 • myPayroll portal rolled out for client admin as well as employees • Training imparted to process owners Going Live 4 Smooth On-Boarding
- 10. Improved operating efficiencies Compliant payroll services with ever changing legislations Avoid Technological Headaches Accuracy and Consistency to increase payroll efficiency Free Up your time to focus on core activities Avoid Payroll Knowledge walking out of door Protecting against employee dissatisfaction, costly errors and hidden costs Reduction in Cost and Risk Leverage Outside Payroll Expertise Reasons To Outsource Payroll Confidentiality of Data
- 11. All our employees have signed NDA. Paysquare also signs NDA with clients before we start servicing them 1 Data Security, Confidentiality & BCP-DR Entry in the processing area only by authorised person using swipe cards 2 Only the assigned employee can access data of client company 3 Complex password policy in place 4 Limited internet connection, USB drives and hard disks disabled on individual machines 5 6 Web system is on dedicated server with 2048 bit encryption 8 Intrusion Detection System (IDS) and firewalls are installed on servers 7 200 seater office in Pune and 100 seater in Mysore. Both sites connected through MPLS to ensure seamless delivery 9 Data maintained only on the server. Individual terminals have no storage capability 6 Power back up in terms of DG and UPS 10
- 12. Why us? • Proven Accuracy & Consistency • International standards • Exclusive payroll domain knowledge • Easy integration & migration • Single window secure 24*7 access • Strong focus on technology
- 13. How Do We Ensure? Minimum three people are assigned on the account to ensure continuity of services Maker and checker concept for enhancing quality Efficiency report is sent on monthly basis to track our performance against the agreed SLA Monthly review meeting with the client’s management to review past month and plan for future months Online reports and input forms which is a complete distinguishing factor in Paysquare delivery
- 14. They Have Loved Us
- 15. They Have Loved Us