The document discusses the benefits of outsourcing payroll processing to Remunance, a leading payroll outsourcing company in India. It notes that maintaining payroll in-house is more expensive due to the need to dedicate resources to handle changes and testing. Outsourcing ensures payroll is processed in a foolproof and fast manner by a professional provider. It also removes the operational responsibilities of statutory requirements, reporting, and taxation associated with payroll. Remunance signs detailed agreements protecting client data security and processes payroll accurately by following high standards.
2. As operating expenses increase day by day, maintaining business profitability
becomes a great challenge.
Business owners have to look for ways and means to control the bottom lines.
Business process outsourcing is pivotal in achieving cost-effectiveness.
Amongst several processes that are fit for outsourcing, Payroll Process is the low
hanging fruit.
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3. Remunance is the leading Payroll Service Provider in india that manages payrolls of
many clients with a great efficiently.
Marketing Head of Remunance talks to our business correspondent about the future of
payroll outsourcing in India.
“When clients decide to outsource payroll process to a service provider, the first
question comes to their mind is ‘is it not expensive to pay a service provider for payroll
process’? I would like to reiterate that it is not at all expensive in the long run because of
two reasons.
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4. When you handle payroll processing in house, it becomes your responsibility to put
resources for incorporating the change.
Also, thorough testing is required before actual payroll processing.
Professional service providers such as Remunance do it in a foolproof manner and
pretty fast.
We have a grip over the tricks of the payroll process.”
“Also, there are several other aspects such as statutory requirements, reporting to the
government agencies, and taxation aspects that are closely associated with payroll
processing.
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5. Once you handover the operational responsibility to Remunance, one of the leading
Payroll Outsourcing Companies Bangalore; your team needn’t worry about all this.” He
says
Marketing Head of Remunance explained the superiority of outsourcing payroll
process.
However, a business correspondent asked about some exclusive things that only service
provider can do.
He responds to it quite elaborately.
“See, payroll processing isn’t a static thing as it appears superficially.
It is quite a dynamic process actually, where rapid changes happen.
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6. The business correspondent is worried about the data security and the ways of ensuring
the same.
Marketing Head of Remunance responds that a seasoned Payroll Service Provider in india
always signs the data integrity and security agreement with the clients.
“See, when we make a detailed draft of outsourcing agreement; each aspect is elaborated
in detail.
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7. Data security is the most discussed topic in the meetings.
We know that it is a ‘close to the heart’ matter for their clients. Hence, they make sure
that there is no data leakage or exposure.
Business correspondent wants to know the ways of insuring correctness of payroll
processing.
According to the marketing manager, there is no chance of mistake because very high
norms are followed for payroll processing.
http://www.remunance.com
8. 11 – Erandawane Phatak Park,
Off Karve Road Pune – 411004, India
Mail: info@remunance.com
Website: http://www.remunance.com/