lntero Solutions Private Limited : payroll services india | payrolloutsourcing | hr compliance|accounting outsourcing -

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lntero Solutions provide a complete software solutions for Payroll Services India specially

developed for HR & Accounting departments of large organization and small business

enterprises. We are one ofthe leading Payroll Outsourcing India offering the service to develop

HR policies and improve effectiveness by organizational restructuring of payroll system ofthe

employees.

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Outsourcing can easily Reduce the HR & Payroll cost of an organization....

Human power is one of the most important resource for an organization and managing the human

workforce in large number becoming quite difficult for everyone. In every organization a dedicatedHR department is responsible for hiring and accountability of all the human work force. The

department is not only responsible for recruitment & selection but also take the accountability of

payroll services India. Keeping the record of manageable work force is easy for smaller

companies but organization having large number of workers and staff members becomes quitedif�cult in the modern working environment.

Large work force can be manage with the help of professional outsourcing �rms providing payroll

accounting service for every organization. The concept of payroll outsourcing is adopted bymany large organizations having large number of work force as it provide gives an opportunity tohandover the main task of recruitment, selection and remuneration to other professed agencies.

An outsourcing �rm offering these kind of service are delicately involved in all the activities

involved in managing the record of human work force. There are many advantages of outsourcing

and organizations having large number ofworking population should always follow this policy.

The agencies engaged in outsourcing also many other auxiliary services like HR compliancewhich deals with all the legal issues related with payment and compensation management. If an

organization wants to keep and manage all these services within the organization they need to

create a separate department responsible for these kind of activities. And to perform other

interrelated task and legal issues a company also need additional professionals who can mange

legal such as PF, ESI and labor compensation management. An outsourcing firm have separate

legal officers and staff members having extensive knowledge and experience in a particular fields.

Payroll Process

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Companies and organization taking help of payroll services India are operating more smoothlycompare to other companies running such departments in their premises. The cost of assigning

the task to other professed is also very economical. Outsourcing also provides an opportunity toorganization to focus on other activities such as formulation of strategies for overall growth of

organization. It also helps in quality recruitment and selection of staff members as the agencies

organize a quality selection process which are more suitable for the organization. And large

organization have many other daily work and activities important to operate smoothly.

In developed countries most of the organization are using this concept and they are more efficient

in working with these professional agencies. In other countries it is now become popular but still

many organization has not fully adopted he concept of outsourcing, however, there are fewdivisions such as security of the company are fully outsourced and followed by all the

organizations in India also but for HR compliance it is still lagging behind many group countries.

Companies operating with the help of a professional have better working environment and

monitoring system which work forthem in a positive manner resulting productivity as whole.

Bigger or smaller...Sooner or later; Hiring payroll service is a need of every business

enterprise...

Human resources are one of the most precious assets of an organization; they use to come and

work in the organization with the motivation to earn amount of money forthe work done by them.

The entire remuneration process of the organization involves a long chain of series to finalize

every month&#39;s salary of each individual employee. If organization is small it can manage the same

process manually but when the number of work force is large it needs to handle with system

software or with the help of some kind of application services such as payroll service which are

usually managed by outsourcing professionals.

Payroll Services are well managed by Outsourcing professionals...Outsourcing of Payroll service is more economical & effective for every kind of business

enterprises. They manage everything related with payments including managing other deductionssuch as taxes, PF and ESI etc. Payroll service is a wider term; they manage wage/salaries of all

the employees, if you are ready to outsource the payment system of employees of your

organization I am sure the department specifically the payroll management responsibledepartment, can focus better on other activities and can perform more efficiently to improve the

productivity of organization as a whole.

Minimize Manual & Human Operations...

There are many benefits of using payroll service from professional outsourcing �rms. You can

generate the reports to review the pay scale of each and every individual employee which canhelp you to check while at the time of appraisals or annual evaluations. It minimizes the manual

handling and involvement of human operations leading to save of time as well as effort to perform

the task involve in the entire payroll management.

Large or Small business...sooner or later you have to adopt it...

Large as well as small business enterprises using payroll service are running smoothly acrossthe world, what are you thinking you also must have it right now. I am sure it will improve your

payroll system and your employee will never get disappointed towards the payment service of

your organization. If you company is smaller you should also adopt it as soon as possible as

every small company is growing & getting bigger gradually over a period of time so now or latereventually you have to manage large work force which should be handle professionally.

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Payroll Management Outsourcing: Better remuneration system to business

organizations...

Payroll Management system helps to manage the entire payment system of employees includingsalary, wages and other kind of contractual basis payment system. An organization having a largenumber of employees should hire Payroll Services adopting the in-house payroll managementsystem or outsource to other HR & Accounting Outsourcing professionals. The payrollmanagement involves the process of handling entire wage & salary system of an organizationmaking the process easier for HR and Accounts departments to calculate and distribute the

remuneration of employee timely & accurately without any mistakes and delays.

The payroll management needs to be handled by several inter-departments like HR & Accountsto finally distribute the salary every month to its employees. From the attendance to accounting ofsalary, HR compliance checks the payroll of employees & workers but due to outsized quantity

and regular hiring & �ring can disturb the final payment system of employees. Payrollmanagement system can easily handle all the payment system at lower cost. Some of the

companies use to operate Accounting Outsourcing also outsource their payroll management toother outsourcing firms specialized in the accounting & payroll management system. Actually, inpayroll system the calculation of salary and other taxes & deductions are most typical part while

finalizing the salary of the staff members of the organization. Outsourcing �rms providing PayrollServices have especially designed software to calculate the salaries & other importantdeductions required to follow the regulatory framework forthe organizations.

Organization using payroll management system able to deliver better salary & wage managementsystem within the organization, they also get the advantage to adopt effective salary policies forthe company. HR compliance looking the legal issues like managing PF & ESI or othercompensation related management associated with HR department have advantage to all thedetails requires at the time of dealing with such kind of situations. HR & Accounting departmentdon&#39;t need to check monthly attendance records, calculate the salaries & wages of everyindividual employee, even now they can focus more on the quality hiring of new candidates for

the organization.

There are many key advantage of implementing payroll management system - Business

enterprises using the payroll system lead to deliver better administration of human resource

management resulting overall growth of the organization with enhanced revenue growth &improved profitability ratio. However it may involve few costing but on the whole it is more

economical than having large staff members in HR department to handle the payroll management

system.

Outsourcing helps to reduce the overall cost of a business organization...

Business organizations operating with large work-force need to keep and maintain the records of

payroll as well as many related things managed by human resource or recruitment department.The most crucial part of human resource department is to manage payroll services India which

handle the salary and remuneration of each and every employee working in the organization.

Smaller companies having limited work-force can easily handle payroll services but largeorganization it requires extra staff to manage the recruitment as well as remuneration of all the

employees working therein.

Outsourcing is the new concept widely accepted all over the world and companies especially

large organizations are fiving the responsibility to handle the operation for their respective

departments such as HR and accounting. Letting out the responsibility to professionals have

many advantages like low cost, increased ef�ciency and competitiveness in the market. Moreover

a payroll outsourcing india companies also subcontract the occasionally required departmentssuch as legal and HR compliance which can deal with the payment & compensation of

employees.

Giving the responsibility of aligned departments to other agencies which are specialized anddedicatedly involved in this kind of service can help to reduce the overall cost of organization

while allowing you to focus the core business of the organization. Large organization also have

large amount of transactions of billings and regulatory paperwork which need separate divisionssuch as accounts and finance, though the financing section is very sensitive and confidential

section which are usually not outsourced by the companies but accounting outsourcing is

possible and even necessary forthe big organizations.

However, payroll outsourcing is very common practice in the corporate world, managing therecords of large organization is very complicated compare to small businesses which can

manage to handle their payroll systems, in addition to other accounting or administrative work.

Payroll services managed internally may face the errors and time effort with extra labor cost, so

it would be right decision to utilize the outscoring service which has following advantages:

0 Low operational costs compare to in-house operations.

0 Increasing the overall operational efficiencies of the organization.

0 Provide additional time to focus on the core activities to expand the business.

0 Reduce the burden of payroll management and increase the efficiency ofthe same.

0 Improved management information system with reduced risk & legal penalties.

0 Quality Service with more Flexibility and Easiness.

0 Quickly adaptation and Implementation of New Technologies

0 Recruitment of more Trained, Experienced and Qualified work-force.

Moreover above advantage, outsourcing offers various other benefits like elimination of

recruitment sections, passing risk & penalties to vendor and staff retention especially in non-core

business divisions, so business organizations particularly large MNCs should outsource their

bookkeeping and human managing departments to the professionals providing this kind ofservices.

lntero Solutions started Payroll Outsourcing under its payroll managementservices...

lntero Solutions, a global business process and technology firm launched service of payroll

outsourcing for small, medium and large enterprises operating in diverse field of industries. The

outsourcing solution company is offering broad range of services in Finance and Accounts

Outsourcing (FAO) and Human Resource Outsourcing (HRO). Under FAO service it is lookingafterthe Data Management and Fixed Asset Management while in the business vertical of HRO it

has broad range of services like Payroll Management, Manpower Outsourcing and Statuary

Compliance.

With the expertise in payroll management, company is proficient in payroll outsourcing � under

payroll Management, Company provides innovative payroll solutions to employers of all sizes �

small, medium or large enterprise. Companies & organization can hire lntero Solutions to take

care of their entire HR and payroll outsourcing solutions; they can now focus more on formulating& implement the effective HR policies to make the entire human resource more efficient for the

organization. Intero&#39;s HR Outsourcing consists manpower outsourcing useful for the large

organization having outsized human resource operational at different of�ces & subdivisions

across the country.

Started in 2008 company has experience professionals offering services in more than 15 cities in

India and recently company has also partnered global players to increase the business

operations in African and Asian regions. Company has clientage from the diverse range ofindustries such as Hotels, Infrastructure and Real Estate etc. Intero Solutions payroll

outsourcing platforms are structured for best practices and can achieve customer needs vide

configuration and least of customization. The platforms demand zero capital expenditure costfrom customers and therefore, customers can enjoy the benefit of flexible service offerings.

About The Company: Intero Solution is the leading outsourcing seNice provider offering acomplete outsourcing business solution of Finance and Accounts Outsourcing and Human

Resource Outsourcing to domestic and global clients operating in singe business operations ordiversi�ed in various industries .

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