The Indian market has a large number of
payroll service providers and the number keeps increasing. Given the number of
options, it can be difficult to finalize one. The following criteria may help
you eliminate the poor service providers from the elite.
Many companies go for a payroll software but
due to poor user experience, this adoption becomes yet another failed
experiment. Having failed once, the company may get vary of going for another
When you go for a payroll service
provider, you can rest assured that user experience is their top
most priority. They take utmost care to make sure that the entire process is
hassle-free and accurate. By leveraging their expertise, companies can make
sure that all payroll related activities will be done on time.
Security is actually a top criteria when it
comes to outsourcing payroll services. Competent service
providers make it a priority to completely manage security and privacy of their
client’s employee data. If you have concerns about your employee information
residing in third party servers, make sure you choose the right vendor so that
all your concerns are alleviated.
Quality vs Quantity:
The problems with some companies is that they
evaluate how many services are bundled up with one service instead of first
determining the quality of the primary service. Thus be wary of vendors who
boasts of a laundry list. Instead look at the depth and usefulness of each of
the functions provided and then decide if you have all that you need or may
eventually need in the future.
Demo & Trial:
The best way to determine a company performs
is by asking them for a demo or a trial. Carry out a sample payroll and then
decide if it fits in line with your expectations.
If possible, find out if the service provider
has a team of technical experts. These services typically need to keep up with
technical advancements, thus there is a need for a strong tech team backing it.
Regardless of the size of your organization,
you got various mandatory statutory compliance initiatives to take and
obligations to fulfill every month. Simply by adding the “Paysquare Advantage”,
your company’s statutory compliance management rests in the hands of industry
experts! Your access to this unique ‘Advantage’ is quite easy. You just have to
get on Paysquare website and inform them about your interest. You got host of
attributes by hiring Paysquare and are preordained to explore the best legal
compliance services in Pune. Here is a snapshot of the most
promising features of Paysquare’s services:
Large gamut of services – right
from your company’s registration at various government offices for taxation,
employment liabilities, employee welfare schemes, etc to managing other legal
obligations such as nomination, registration, employee pension, etc.
Preparation and submission of
various taxation reports on stipulated time.
Liaising with different government
Computation and deduction of
statutory payments like PF, ESIC, TDS, ET.
Collection of all valid documents
and investment declaration from employees.
Tax calculation and filing at the
respective government offices.
Precisely, when highest level of expertise in
all types of statutory compliance and a committed team for its management comes
to you so handy, it is more than worthwhile for your business.
Given the sensitized approach towards legal
compliance, you need these services wherever you are – be it in Pune or