As a company, you have always wanted to run organized and efficient payroll for your employees. Payroll that is error-free and consistently delivered before the target date, every single month. We know that bringing in automation, building technology and a team that can understand and implement these changes for you is not easy.
However engaging with Paysquare and leveraging their award winning technology that ensures consistency
Here are some advantages of moving to outsourced payroll with Paysquare, right now, in the months of Jan-Mar.stent error-free operations is easy. Also you do not need to defer your decision to outsource your payroll to the next financial year, as you can start deriving benefits from your payroll outsourcing decision almost instantaneously.
- Form 16 benefits
- We process form 16 for the previous year, including collecting documents, managing tax re-conciliation and issuing physical Form 16 to all your employees.
- Payroll process gets stabilized even before you enter the next FY
- While we manage outsourced payroll, we even run historical payroll using your past payroll data, so that you are confident of going live on the new platform. As you enter the next FY, you are already on a robust payroll solution.
- Statutory Compliance taken care of
- We take care of all your statutory compliances and deductions for the previous FY, so that there are no hassles involved for you to continue managing it
- Per month billing really starts only when the payroll is live
- We take around 3-6 weeks to migrate the data, map the payroll logic, historical run and parallel run from the start of our engagement.
- The actual billing starts only after the 1st live run. The early we start, the better it works.
Paysquare is a specialist in managing outsourced payroll and is the preferred partner for 300+ clients. With 13+ years of strong domain experience, Paysquare processes over 1,50,000 monthly payroll records.