PAYROLL PROCESS OUTSOURCE
Empower your organisation with NDM’s Payroll Solution
In today’s business world where human capital plays a pivotal role in success of an organisation, payroll becomes one of the critical functions for an organisations. Experience our full range of automated payroll processing function for hassle-free payroll and HR management.
- Automated software capable of AI backed functions;
- Easy MIS reporting management;
- Employee Information Management;
- Attendance, Leave and Recruitment Management;
- Travel & Expenses Management;
- Performance Appraisal;
- Help Desk & Survey;
- Salary & Withholding tax/social security functions;
- Employee Engagement Program;
- Training & Development;
- App based user friendly inter-face;
Onboarding & Transitional Training:
Our team of experts would ensure that you experience a seamless transition from your existing system to the NDM’s Payroll Function. This would include collation of data and transition of the same to the new system and transitional running of software. Further, NDM would provide your employees and admin users with the training live trainers for onboarding your organization on-to the transition.
Our team would ensure qualified personnel for managing the Payroll Function entailing the following support:
- Employee Enrollment and Onboarding Process
- Compensation planning for new joinees
- Compensation restructuring at the time of increments
- Monthly salary process and sending to authorized person for approval
- Bank payment uploading on the bank portal
- Monthly bookkeeping entries to the accounting team
- Full & Final settlements preparation and coordination with HR & employee for review and confirmation
- Computation and assistance with PF/ESIC payments
- Monthly MIS to HR & Finance team
- Insurance data processing on monthly basis
- Quarterly withholding tax returns and Form 16 assistance
- Annual investment proof & reimbursements documents verification
- Statutory bonus working at the time of disbursement
- Annual statutory bonus working and provision at year end
- Statutory and internal audit support including coordination with auditors for data preparation and send to auditors and provide explanation to their queries
- Labour welfare funds payment
- Annual labour compliance
- Actuary valuation coordination prepared the data for actuary valuer and coordination with them to provide the actuary valuation certificate.
NDM Advisors LLP
Have Any Question?
Send us a message and tell us more about your business and financial goals. We will get back to you soon to schedule a consultation.