PAY~PRO

Why outsource Payroll Processing

By outsourcing non-critical functions like payroll, the Company is able to free Internal Resources for other purposes. Also, payroll processing requires skills in accounting, taxation, labour regulations, finance etc. A company may not have access to all these skills internally, nor will it be cost effective to build such skills internally, for most companies. Hence, outsourcing payroll enables the Company to gain access to resources not available internally.

Needless to say, outsourcing the payroll processing functions enables a Company to reduce and control Operating Costs and improve company focus.

About our Payroll Processing Service

Pro~Active offers Payroll Processing as a service to various corporates. We use our own proprietary software package – Pay~Pro for payroll processing.

The technical features of our software are :

• A web based package - an Enterprise solution developed in ASP 3.0 and SQL Server 2000.

• Provides interface to define formulae & components as per organization policies.

• Provides in built mailing system to post payslips, reports etc.

• Includes EAI tool to accept data from any legacy systems viz. Swipe card systems.

• Extensive import/export options in all possible formats enable easy handshake with existing ERPs / financial accounting systems.

As it is a web based package, the Company will have constant access to the payroll data & reports. The software also enables the Company’s Finance / HR Department to view reports online and take printouts of the same. Suitable restrictions can be set for each level of viewing required.

The software also enables employees to log in and view their personal page. This enables them to :

• View their tax calculations.

• Alter their tax declarations and find out the corresponding tax to be deducted.

• View amount of FBP granted, availed & balance to be availed.

• Submit reimbursement claims relating to fuel, medical etc online.

Online submission of bills enables automatic updation of the same in the package & generation of discrepancy report by email to the employee, upon verification with the actual bills.

Our web based package offers the following benefits :

• Access to MIS, HR and Taxation reports anywhere, anytime.

• Various functions such as accounting of employee reimbursements, salary, leave, travel, bonus, PF, issue of tax deduction certificates etc will be centralized with one agency, making monitoring of the same, easy.

• HR department freed from burden of data entry, matching leave & payroll etc .

• Reduction in payroll related queries due to automated package.

• Web access to employees enabling them to monitor their salary, leave and tax deduction status.

The software package is highly flexible and can accommodate any variations in the pay structure. Income Tax calculations are also flexible, which can easily be modified to suit the changes in Income Tax law from time to time.

Complete Payroll Processing

Pro~Active offers end to end payroll solutions for a Company. These include :

• Assistance in structuring of employee salary, perquisites & reimbursement packages in conformity with the rules of the Company / Indian Tax laws.

• Payroll processing, generation of payslips, bank advise etc.

• Monitoring of the Flexible Benefit Plan for employees in accordance with Company policy.

• Generation of all statutory returns and forms to be filed by the Company in respect of PF, ESI, Professional Tax & Income Tax Deductions.

• Generation of specified predetermined reports on employee compensation.

Upon getting inputs relating to leave, new joinees & resignees from a Company, Pro~Active generates the necessary payroll details and all statutory forms required.

Product Info