Hi friends,
Please clarify my query. Many large organizations are nowadays opting for payroll outsourcing and while small organizations too moving towards it. What is the main reason that in-house payroll getting lowered or it is more than enough to have it in-house?
Stella.

From India, Chennai
Dear Stella
Top reasons for payroll outsourcing
Focus on core business goals
Time and Money saved
Enhanced security
Compliance with government regulations
The expertise of professionals.
Rishik Commodeal Private Limited is one of the leading organization in Payroll management and compliance sector. We Specialize in executing niche requirements of the clients PAN India .The corporate office is located at the IT hub of Kolkata and having regional branches in four major cities in India ((Mumbai, Delhi, Kolkata, Chennai, Bhubneshwar, Lucknow, Siliguri and Bangalore).

From India, Delhi
Payroll management is the only area in HR which has some degree of standardization, both in terms of statutory compliance and as a business process. Organizations, big & small, would like to have experienced and mature agencies to manage this function so as to avoid various risks. But since very efficient software packages are available today which facilitate centralized payroll management even if their employees are working in different states (even countries), with varying compliance parameters, this function is easily managed through software solutions. 'EmpXtrack' payroll is one such standardized solution which helps the organizations to manage their payroll internally, without the need to outsource.
Whether, you outsource the payroll or manage it internally by using a state of the art technology solution, it is to be understood that statutory compliance will continue to be your own responsibility, from the legal viewpoint.

From India, Delhi

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