Every company is different, It’s formed with different goals and works differently. We at Shrofile recognize the uniqueness of your company. We offer you assistance with the payroll services so that you can focus your time and effort in creating the brand you dream to create. We offer you the following things:
In this world of digitalization you cannot depend on excel sheets to maintain the employee data, We offer you a complete digital solution that organizes and simplifies things for the employees and your company.
This includes the attendance management, the salary slip and tax declarations, reimbursements, leaves, and employee benefits, compliances and policies all on a web based platform.
The accessibility of data is made simple and organized and leaves no room for glitches. This saves cost in the form of time, effort and developing a separate web infrastructure that would require a constant maintenance cost.
We pay attention to the details and goals of your business and form compliances and policies based on that, that align with the legal guidelines.
The employee reward policies and leaving policies are also customized based on the nature of the company and their roles. A Senior manager’s compliances are supposed to be a little different than an employee, their company leaving policies should be treated with a different approach and we dedicate special time to these fine-tunings.
All these compliances, code of conduct, governance quiz, ESS (Employee Self Service) is available on a single platform and it is updated from time to time.
One of the very challenging things to deal with, while developing and running a payroll system is to keep up with the changes in the legal guidelines, These could be Tax changes, PF rules, Employee benefits etc.
Which is why Shrofile recommends outsourcing help to develop and run the payroll system for you.
It is an investment that may otherwise cost you in the form of added web infrastructure cost, a dedicated team allocation for payroll and can also result in legal repercussions in case of any accidental non-compliance. We at Shrofile keep tabs on all the changes and introduce them effectively.
We also provide you with suggestions based on those changes that will be favourable for your company. We revisit and audit the existing policies to look for any scope of improvements and introduce those improvements. It is an ever-developing part of any business and we understand that here at Shrofile.
For any assistance or query, feel free to reach out to us by clicking on the contact us button above.
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It is an outsourced help to develop an organized system for salaries, taxes, employee benefits, and leaves. It is a very popular and efficient method of hassle-free, smooth functioning of the company’s salary and leaves distribution policies. It is borrowed help that saves a lot of time, money, and effort in the long run.
There is the complete cycle of an employee’s cost covered in this for all the years of their service. It is a system that organizes and simplifies what has been given, what is left, and other employee benefits offered by the company and the legal system of India. Basically, it is a compilation of these things:
So, It is a platform that simplifies all these things for you. Gone are the days when pay-checks were given as salaries, and registers were managed, or excel files for keeping a track of all that data. It leaves too much room for errors and business doing errors with numbers is no good. Payroll management is an investment and companies in India have addressed that fact.
It is natural to think of outsourcing as an added cost, but in this case, If payroll is set up by the company itself it will require a dedicated team, an IT infrastructure, and maintenance.
There will be a risk of dealing with penalties in case of any accidental non-compliance. Payroll software is also a cost and would need continuing maintenance cost and a dedicated team, Instead outsourcing that assistance is also a cost-effective way, especially for new businesses.
Talking about the other end of the spectrum, employees also have a hassle-free experience when there is good payroll software in place. Attendance and leave management, referring to salary slips, reimbursements, and bonuses is easily available in one place in the most organized way.
The thought of dealing with excel sheets for managing leaves, IT declarations is an unpleasant thought for any employee today. Convenience is becoming a necessity with each passing day, and at least here most of know it is possible, so why not?
Clue- You are already on their website. Shrofile does their best research and customizes payroll services that are best for your company.
With a growing number of businesses in India and digitalization taking over Payroll service providers are also growing.
But, invest time in researching and outsource the assistance that will understand and add value to your company’s goal.
Different companies, Departments, roles need to have a different set of customizations for their payrolls, the compliances need to be stated differently depending on the company and the objective of the company.
Some roles allow lesser leaves than others, some roles require leaving policies customized for them.
The payroll services available in India are many, but you need to make a choice based on your requirements. It is a time-investing process initially where you will have to explain your company goals, size, sales, etc, to the payroll service provider, and then they can form their customized solution for you.
Because the legal compliances and tax rules etc. change you also need a payroll service provider that keeps up with the changes and suggests changes from time to time.
