We bring our decades of payroll experience to bear in providing a full range of payroll related services to clients in India and abroad. Services include pay-slip generation, deductions, tax computation and benefits.
Our payroll team processes payroll for over 6,600+ employees across multiple clients. Payroll services operate on the versatile and customized “Perks” payroll platform. Our clients are a mix of Indian companies, Indian subsidiaries of multi-national corporations, and foreign companies.
Service offering:
- Collection of all the salary related inputs i.e. appointments, remuneration structures, leave and loss of pay details, confirmations, transfers and settlements
- Payroll related processes/functions
- Taxation
- Payroll related accounting services
- Benefits administration (Provident fund, Gratuity, Annuity Linked Superannuation Scheme & Pension)
- Various statutory compliances
- System implementation/enhancement
Potential benefits from outsourcing payroll:
- Focus on core business, without worrying about scalability of HR admin
- Keep up to date and compliant with relevant legislations
- Leverage SBS’s existing IT solutions for payroll
- Improved turnaround times and reduced error rates
- Potential for cost savings
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