Sunday 20 November 2011

Outsourcing of Payroll Processing in India

Payroll Outsourcing is a business practice involving contracting with a business service to handle company payroll. Payroll service providers manage calculation of wages and salary, withholding of taxes and the direct deposit of net pay into the bank accounts of employees.

Benefits of Outsourcing Payroll Processing Services

Outsourcing Payroll Processing offers unique advantages to the corporate sector.

1) Cost Reduction: The direct costs of processing payroll can be reduced by working with a payroll provider.

2) Avoid IRS Penalties: Payroll Processing involves legal compliance for TDS, PF, ESIC and P Tax. Incorrect calculations result in interest and penalties. In many instances, this cost immediately justifies Outsourcing Payroll.

3) Alleviate Pain: Manual payroll is a headache in the best case. Business owners who outsource payroll eliminate a tiresome source of personal pain.

4) Avoid Payroll Knowledge Walking Out the Door:

If your controller gets a new job, they will walk out the door with their knowledge of the payroll process and how you do it. Using an outside service eliminates that business risk.

Easy Source- an allotment of Easy Search India is a proficient outsourced payroll service provider having In-house Payroll & Compliance Management Team with latest technology & software. It comprises of Payroll executives, in house consultants for statutory compliance, accounts professionals to ensure smooth and bug free monthly payroll cycle. Easy Search India assigns a member from payroll professionals to work in partnership with you; focusing payroll service complements your business systems by providing flexible service. It begins by establishing a work program for each pay cycle suiting the demands of company.

Monday 26 September 2011

Best Payroll Outsourcing Company in Delhi

Nowadays, Accounting process and Finance and is considered as an integral part of a company. But both of them are also among the most tedious part of the Business. Companies constantly look for ways to make it more efficient and more manageable. Under the different finance and accounting processes, one that stands out is Payroll Outsourcing.

This is the finance and accounting branch that is commonly outsourced by companies, as compared to others such as accounts receivables and accounts payables, Outsourcing this function often results in more efficient processes and reduce paperwork for companies.

In Payroll Outsourcing, you don’t only deliver the employee data but also giving much of your financial information. So you need to be very careful on choosing the right Payroll Outsourcing Company. You should check what information is being sought by the various providers of outsourcing firms.

Easy Search India is one of the leading Payroll Outsourcing Company in Delhi, which provides reliable and smooth services in Payroll Processing. You will have the opportunity to see how Easy Source simplifies your operations, increase your profitability and help you grow if you associate with us.