We are publishing, presentation of recent webinar on Digitising Labour Compliance Management. Most organizations do not have in-house capabilities. As a result, they lean heavily on Third Party vendors leading to challenges such as manual handling, data privacy breaches, error prone operations and multiple human touch points. These services are often expensive, inefficient and lack the required transparency.
Topics Covered:
* Challenges of Labour Compliances in India
* Digitising your Labour Compliances with Avacom-Labour
* Key Benefits of Digitisation
For more details please visit: www.avantis.co.in or Write Us: Sales@avantis.co.in or Call: +91 8893594595 for scheduling the demo.
2. Avantis Regtech, a Teamlease company, is focused on
digitising compliance management in India. With
Avacom, Avantis offers an industry leading software
solution to over 1,600 legal entities in India. Its solution
available on web and mobile platforms, helps its
customers migrate to a transparent, accountable,
timely & efficient compliance program
What we do?
About Avantis
4. • Labour Laws are on the concurrent list of the Constitution
• Central & State Governments legislate on all labour matters
• Differences in formats, forms, due dates, applicability, duty
structures, payment methods, enforcement & authorities
• 416 Acts, 27,000+ Compliances across Central and 28 States
• Licenses, Registrations, Consent Orders, Permissions, Renewals,
Returns, Registers, Challans, Payments etc
Labour Compliances in India : An Overview
5. Labour Compliances is Complex
Payments /
Challans
ReturnsLicenses /
Registrations
Permissions /
Exemptions
Registers Renewal
Appointments Notices
Displays
6. Complex
Too many forms, too many formats,
too many dates and frequent changes
Highly Manual
No technology based self-service
Software available
Inefficient
Too many hours / days spent to prepare
Regulatory Records
Error Prone
Too many points of failure due to human
errors & complex computation requirements
Expensive
Outsourced Managed Services are expensive
Very few national vendors with expertise
Highly Fluid
Forms, Formats, Dates & other requirement
Changes frequently
Data Privacy Issues
Outsourcing requires sharing of confidential
data with third party who may not have the
relevant privacy controls
Labour Compliance Challenges in India
9. Payroll Compliances
Includes Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT) & Labour Welfare Fund (LWF).
These compliances requires one-time Registration, Periodic Payments, Challan Preparations and Filings
Shops & Establishment
Includes Compliances under Shops & Establishment Act, Minimum Wages Act, Payment of Wages Act, Payment of
Bonus Act & Equal Remuneration Act. Compliances includes maintenance of muster rolls, wage registers, leave and
attendance register, register of fines & deductions, among others
Factory Compliances
Includes compliances under Factories Act, 1948 such as one-time license, Consent to Operate, Designation of
Occupier and Factory Manager, Periodic Returns, Accident Register among others
CLRA Compliances
Includes Compliance under Contract Labour such as maintenance of registers by Contractor and periodic filings
Types of Labour Compliances
10. Avantis Provides an end to end automated solution to prepare all the regulatory returns, registers and
challan files. Here are the key features
Avacom-Labour: Solution Overview (1/4)
18. Data Flow Diagram
Payroll Data
(HRAlign)
API
HR
Associate
(Client)
Entity
Register, Returns & Challans formats / Template
Other Data
(Non Payroll
Data)
Data Processing
Location /
Branches
Employees
Acts &
Compliances
Others (Leave Credits, Contractor Master,
Contractor Locations etc)
Outputs (Client Portal & Mobile App)
Master Data
Single Sign On
19. Avacom – Labour : Key Benefits
Data Quality
Accurate outputs due to minimum
manual intervention, system driven
data computation and current forms
and templates
Privacy Protection
No sharing of data with third
party and high Encryption
standards provides greater
control and privacy
Easy Data Access
Centralized Document repository
enables quick and easy access to all
historical regulatory records and raw
data files
Efficiency
Enables capability for centralised data
processing leading to greater control
and efficiency over management of
Registers and Returns
Need Based
Records can be generated based on
the user requirements. Multiple
documents can be regenerated
Cost Effective
Significant automation
leading to lower cost of
Compliance Management