Hi Forum,
I just wanted to know what are the advantages of outsourcing the Payroll system to 3rd Party Consultancy. Also pls let me know what is more beneficial in terms or cost and time >> Using In-house Payroll software OR Outsourcing Payroll to Consultancy ??
Thanks to all in advance
From India, Vadodara
5I just wanted to know what are the advantages of outsourcing the Payroll system to 3rd Party Consultancy. Also pls let me know what is more beneficial in terms or cost and time >> Using In-house Payroll software OR Outsourcing Payroll to Consultancy ??
Thanks to all in advance
From India, Vadodara
Hi,
We are also outsourcing some positions to 3rd party consultancy.
The advantages which we faced are
1. Time can be saved - for their salary process
2. Documentation is done at consultancy
3. No direct liability on organisation
4. not mandatary to give certian percentage of increment which we have to give to payroll employees
5. Saved from all stautory audits/records - PF, ESIC, etc.
From India, New Delhi
We are also outsourcing some positions to 3rd party consultancy.
The advantages which we faced are
1. Time can be saved - for their salary process
2. Documentation is done at consultancy
3. No direct liability on organisation
4. not mandatary to give certian percentage of increment which we have to give to payroll employees
5. Saved from all stautory audits/records - PF, ESIC, etc.
From India, New Delhi
Thanks for prompt reply. May i know what kind of charges you are paying to the consultancy and how many employees have been outsourced to them. Thanks again..
From India, Vadodara
From India, Vadodara
Benefits of outsourcing the payroll accounting
services of your company
• Relieves you from the tedious administrative
and routine overheads
• Reduces the man power cost
• Allows the customer to focus on their core
business
• Single point of contact for all payroll related
queries
• Allows greater flexibility to the company when
there is an increase in workload due to the
seasonal staffing
• Benefit to the overseas customers because of
the time difference between India and the
customer country
From India, Delhi
services of your company
• Relieves you from the tedious administrative
and routine overheads
• Reduces the man power cost
• Allows the customer to focus on their core
business
• Single point of contact for all payroll related
queries
• Allows greater flexibility to the company when
there is an increase in workload due to the
seasonal staffing
• Benefit to the overseas customers because of
the time difference between India and the
customer country
From India, Delhi
Cost approx minimum base fee Rs. 15000 up to 100 employees…after that cost very depends upon head counts between Rs. 60-80 per head count……….If you are looking some consultants then I’ll send the quotation from Solution Providers………..
From India, Delhi
From India, Delhi
Dear Mr. Savil,
Can I have your mail-id?
we are too in payroll consultancy with pan India presence.
or you can forward your requirements on below maili-d.
we will be most happy to help you in this matter.
Regards,
Nikhil Umberkar
From India, Pune
Can I have your mail-id?
we are too in payroll consultancy with pan India presence.
or you can forward your requirements on below maili-d.
we will be most happy to help you in this matter.
Regards,
Nikhil Umberkar
From India, Pune
is there anyone who can provide me, required information related to payroll outsourcing advantages.
From Pakistan
From Pakistan
i find payroll as a very handy management tool, as it saves valuable time of management and help to proceed management’s task in appropriate and effective way.
From Pakistan
From Pakistan
There many benefits regarding Pay roll outsourcing services such as
1-its save both the time and the money, Hiring a payroll company will eliminate the need to perform these functions yourself. The more time you as a business owner (or your bookkeeper) spends on payroll, the less time is devoted to other important business functions.
2-its also eliminate the need of house pay roll.
3-Brings Fun back into Business:When payrolls are outsourced the tedious and painful chore of doing payrolls is off your head. This frees you to look into the aspects of your business which you enjoy
4-Attention Focused on Core Issues
Management can focus on dealing with core issues of the business instead of the nitty-gritty non-core issues, when payrolls are outsourced
5-Experts at your Service
Payroll expertise of the payroll service employed is at your beck and call, so you no longer have to keep track of the constantly changing rules, forms, etc.
From Pakistan
1-its save both the time and the money, Hiring a payroll company will eliminate the need to perform these functions yourself. The more time you as a business owner (or your bookkeeper) spends on payroll, the less time is devoted to other important business functions.
2-its also eliminate the need of house pay roll.
3-Brings Fun back into Business:When payrolls are outsourced the tedious and painful chore of doing payrolls is off your head. This frees you to look into the aspects of your business which you enjoy
4-Attention Focused on Core Issues
Management can focus on dealing with core issues of the business instead of the nitty-gritty non-core issues, when payrolls are outsourced
5-Experts at your Service
Payroll expertise of the payroll service employed is at your beck and call, so you no longer have to keep track of the constantly changing rules, forms, etc.
From Pakistan
i have a good news Now everyone can get all the above mentioned services regarding payroll outsourcing with some more additional charms, especially people who live in Arizona are more lucky because now they can have the amazing payroll outsourcing services near to them, now you people can get lots of advantages and benefits of payroll processing services Arizona. i hope this service will definitely go beyond your expectations as it is for me
From Pakistan
From Pakistan
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