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Paysquare Presentation_Payroll Outsourcing Services

We offer complete payroll outsourcing services, from basic payroll calculations, statutory compliance, facilitating transparent employee communication while ensuring complete confidentiality.<br>

Paysquare
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Paysquare Presentation_Payroll Outsourcing Services

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  1. A leader in Payroll Outsourcing

  2. PaysquareStory ISO 27001 and SSAE 16 & ISAE 3402 Certified GDPR Compliant Incorporated in 2000 & HQ at Pune Processing 4,50,000 Employee Records Per Month across 1000+ Corporate Clients Globally Data Center and Disaster Recovery Center at Pune & Mysore Regional offices at Delhi,Mumbai, Bangalore, Chennai Hyderabad

  3. Our Core Services Statutory Compliances LeaveManagement Payroll Management • Make applications for leaves, comp off, encashment etc and approval thereof • Interface with attendance systems for data transfer & Attendance regularization • Rights for shift rostering/ approval of leaves/ adjustment in leaves etc. • Various outputs stating the leave calculations/ balances etc. • Calculation and deduction of all statutory payments (TDS, PF, PT, ESIC, LWF) • Upload of data on respective websites and generate the challans • Filing of withdrawal forms for PF • Filing of returns with Govt. agencies • Investment proof verification and preparation of form 16 in digital format • Handling of Masters, loans, third party payment, reimbursement, non recurring payment/ deduction, Perquisites, Flexi Basket, multi location, minimum wages and finally payroll processing • Full and Final Settlement • CTC related reimbursement processing (Medical, LTA, Fuel, Telephone etc) Efficiency report is sent on monthly basis to track our performance against the agreed SLA

  4. Employee TheWorkflow EMP Output HR & FINANCE 3rd Party HRMS HR & FINANCE Inputs Outputs myPayroll(Web-based ESS & CSS) Employee Precision (Payroll Engine)

  5. PayrollProcess Output – Client Employer Inputs PAYROLL ENGINE • Salary Register • Variance Report • Summary: PT, TDS, PF, ESIC, LWF • Tax Register • Financial JV • Manpower Reconciliation • Net Pay Reconciliation • Bank file (Multi-formats) • Reimbursement Balances • YTD Pay slips • Location/Cost-centre-wise payroll summaries • New Joinees • Attendance • Master Changes • OneTime Payments • Recoveries • F&F Settlements • Input data upload • Single click payroll engine for pay calculation using formula driven process Employee Inputs Output- Employee • Income Tax Declaration • Reimbursements • Year end proofs • Employee Poll • Payslip • Tax Computation Sheet • Reimbursement Bal • CTC Summary

  6. Benefits ForEmployees CTC reimbursements Payslips, Tax workings, Pre filled PF Forms Queries Handling 24/7 online access IT Declaration and proofs

  7. Workflow based loan management Custom report builder Tax compliant and timely services Role based access Online input/ output Query Logs Benefits ForClient Admin

  8. 1 4 3 2 SmoothOn-Boarding Configure and setup Deeper understanding Going Live Matching It-up • Create company & Configure in applications • Master file set-up • Historical data processing • myPayroll portal rolled out for client admin as well as employees • Training imparted to process owners • Understand current processes • Gather requirements • Create pay logic document • SLA freeze • Concurrent payroll processing • Report matching

  9. Reasons To OutsourcePayroll Avoid Payroll Knowledge walking out of door Confidentiality of Data Compliant payroll services with ever changing legislations Protecting against employee dissatisfaction, costly errors and hidden costs Avoid Technological Headaches Accuracy and Consistency to increase payroll efficiency Free Up your time to focus on core activities Reduction in Cost and Risk Improved operating efficiencies Leverage Outside Payroll Expertise

  10. 4 2 8 7 3 9 6 5 1 10 Data Security, Confidentiality & BCP-DR Limited internet connection, USB drives and hard disks disabled on individual machines Web system is on dedicated server with 2048 bit encryption Data maintained only on the server. Individual terminals have no storage capability Intrusion Detection System (IDS) and firewalls are installed on servers 450 seater office in Pune and 200 seater in Mysore. Both sites connected through VPN to ensure seamless delivery Power back up in terms of DG and UPS Complex password policy in place Only the assigned employee can access data of client company All our employees have signed NDA. Paysquare also signs NDA with clients before we start servicing them Entry in the processing area only by authorised person using swipe cards 6

  11. Why us? • Proven Accuracy & Consistency • International standards • Exclusive payroll domain knowledge • Single window secure 24*7 access • Easy integration & migration • Strong focus on technology

  12. Minimum three people are assigned on the account to ensure continuity of services Monthly review meeting with the client’s management to review past month and plan for future months Efficiency report is sent on monthly basis to track our performance against the agreed SLA Online reports and input forms which is a complete distinguishing factor in Paysquare delivery Maker and checker concept for enhancing quality How Do We Ensure?

  13. Few Existing Clients- Manufacturing

  14. Few Existing Clients- IT/ITeS/Service

  15. abhijit.kothalikar@paysquare.com www.paysquare.com THANK YOU ! +91 7420013334

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