Payroll management is critical in business. It include overseeing a company's finances, human resources, and personnel. If payroll administration services are given, employees and employers have a strong working relationship. Employees are motivated to work harder in their allocated tasks as a result of the company's strong financial picture. Any company, regardless of size, requires a competent payroll administration system solution, and this includes both startups and large corporations. Due to the current shifting business environment, offering efficient management services involves numerous challenges. Here are some of the most crucial tactics for maintaining the proper operation of your payroll services. Create a payroll system that is paperless: The digital era has brought many benefits, including electronic transactions and database management systems. Large amounts of data are difficult to manage manually, making errors more likely. As a result, reputable payroll providers rely on electronic payroll transfers. Apart from these benefits, an electronic payroll system safeguards company data, simplifies computations, and streamlines salary delivery. Including a variety of payment plans: Having a consistent pay schedule for all of your employees is one way to ensure successful payroll administration services. You may have come across organisations that pay their employees on a contractual, long-term, or freelance basis. Payroll management becomes efficient and error-free when all employees in a company agree on a single pay schedule. Install the following software: Using digital technologies is a key element of running a successful payroll. However, there is a problem when it comes to selecting the appropriate software for your company's needs and budget. There are various software options available, or you may develop your own software that can be easily incorporated into your company's payroll administration process. You may be confident that this digital instrument will meet all of your financial requirements. Support for payroll software: Make sure your payroll administration system, such as SAP, is compatible with your accounting system. The two systems must work together. Use the most recent information available to you: Payroll services may only be provided if you are up to date on current laws and regulations regulating workers, gratuity standards, EPF, medical reimbursement, and other key salary components. Your employees will be satisfied, and you will be able to accurately analyse their pay. payroll services that are outsourced Outsourced payroll services are a good starting point for developing a comprehensive payroll administration procedure. That's correct! Because of the development of Covid-19, payroll outsourcing has been the norm in recent years. Outsourcing payroll services will save you time and money while also reducing your workload and stress levels. These vendors of outsourced payroll services have financial.

1. Accounting Outsourcing Services

2. Trusted Outsourcing Partner since 12 Years
For Bookkeeping, Payroll & Tax Services
We are a true sourced accounting department
providing highest level of accounting and bookkeeping
expertise and access to the latest technologies.
Kshitij Jain
FCA, Director
Certified QB & Xero Advisor
Manish Jindal
FCA & DISA, Director
Certified QBO & Xero Advisor
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

3. MINDSPACE- INTRODUCTION
Founded in year 2008 with an aim to provide value added
Financial Outsourcing Solutions to Accounting Firms. We have
domain expertise in US, UK, Australian and Ireland Bookkeeping,
Financial Process & Payroll.
We are a client centric organization and our Value proposition is
Knowledge Based Approach, Quality Deliverables leading to a
effective Value Based Outsourcing.
We are serving our services in US, UK, Australia, and Ireland. We
believe even routine accounting and bookkeeping functions
deserve special treatment. We seek to enhance the business
performance to our clients.
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

4. SERVICE PORTFOLIO
• Bookkeeping Services
• VAT Return Preparation
• Tax Return Processing
• Payroll Processing
• Accounts Production
• Xero/QBO Migration
• Management Reports
• Sales Tax Return Preparation
• GST | BAS Returns
• Financial Analysis & Forecasting
• IFRS and Ind –AS Implementation Support Services
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

5. SERVICE PORTFOLIO
Process Outsourcing Services
• Purchase To Pay Process
• Invoice to Cash Process
• Warranty Reconciliations and Verifications
• Virtual Support service
Business Setup to US and UK
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

6. SOFTWARE WE USE
For Bookkeeping/VAT Preparation
• QuickBooks Pro/QBO/QB
Enterprises
• Sage Line/Sage 300
• VT Transaction
• ClearBooks
• Kashflow
• Intact
• Xero
• SAP
Year End Accounts/Tax Returns
• VT Final Accounts
• DIGITA
• CCH Accounts Production
• Drake
• Taxcalc
• Pro Series
• Ultra Tax
• IRIS
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

7. ● Accounting firms
● Real Estate, Rental and Property Management Companies
● Ecommerce Companies
● Retail Chains (Dunkin Donuts/Burger King)
● Travel Companies
● Restaurants
● Manufacturing Companies
● Web Design & IT Companies
● Law Firms
● Hospitality
● Automobile Dealers
● Financial Services
INDUSTRIES WE WORK FOR
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

8. MANAGEMENT LEVELS
• Director Operations
• Manager
• Team Leader: Taking Care of Client on boarding and communication,
tam management and team handling
• Senior Process Associates: Review and Quality Checks.
• Process Associates: Responsible for Data Inputting & Query
Preparation.
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

9. www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved
Why Mindspace
•Domain Expertise - The Team working on client projects are well versed with
US & UK GAAP’s, US Payroll and Sales & Use Tax Laws.
•Standard Processes - End to End Process gets migrated only after approved
SoP’s, prepared by MindSpace and approved by Client Firm. We adhere to
SLA’s and deviations are reported to the Client.
•Confidentiality - Work is done under secured environment and SLA’s are
adhered. Physical, Network Security and Employee Security standards are
followed. We work under NDA’s.
•Good Communication Skills - The Team Leaders & Director Operations are
responsible for voice communication with clients. Clients can directly contact
them and discuss issues.
•Control of Process - The Clients keep control on the whole Outsource
Accounting Processes.
•Flexibility to clients - MindSpace Keeps adequate bench strength to address
issues to Staff Turnover and Skewed works at the time of Month End.
•Cost Savings more than 50%.

10. Infrastructure
• 10000 sq ft working space (Can be expanded to the extent of another
5000 sq ft )
• Two Leased line connections having 70 Mbps online connectivity.
• Secured FTP for Data Transfers, Biometric Access and CCTV’s
• 24/7 Power Back up mechanism.
• Microsoft Server Environment
• Fortigate Firewall Protected & Kaspersky Antivirus Deployed on each
• Different means of communication are available- Skype, UK Phone, Zoom,
Hangout
• Provision for 100% data redundancies.
www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved

11. www.mindspaceoutsourcing.com
© Copyright 2022 Mindspace All rights reserved
Contact Us
Mindspace Outsourcing Services Private Limited
Facility At: 247, Manish Mansion, Second Floor, Frontier
Colony, Adarsh Nagar,
Jaipur - 302004, Rajasthan, India
Telephone (India): +91-141-4023431
US Tel. : (+1) 786.871.2066
UK Tel. : +44 020 7096 0555
E-mail : info@mindspaceoutsourcing.com
Visit us at : www.mindspaceoutsourcing.com