Payroll Management is first function that could be outsourced by an organization and could save cost of deploying extra manpower. The major of work of payroll processing is done at end of the month in 4-5 days where we deploy many of Executive throughout the month to handle Payroll, PF, ESI, LWF, etc . This becomes expensive when you have less number of employees and extra cost burden is taken for payroll.
Flawless provides cost effective & efficient solutions on processing of payroll. The process is designed to eliminate regulatory & compliance hassles that an organization faces. Flawless's focus is to provide exclusive service & innovative solutions in both off-site & online payroll processing.
End To End Payroll Functions On One Platform
Statutory compliances are “basic hygiene” that an organization must ensure to follow. However, since this is not the core functional area, it often remains out of sight and therefore, incomplete. A proper statutory compliances under various relevant laws builds credibility of the employer and moreover helps in avoiding non compliance issues – penalties, fines etc. which are more time consuming and expensive.
Companies, whether big and small have to adhere to laws so as to keep businesses out of legal trouble and avoid penalties. Hence, one needs to have a deep knowledge of it, to minimize the risk associated with non-compliance.
Kind of Services:
- Identify applicable regulation, legislation & guidance
- Develop appropriate policies & procedures for compliances
- Implement risk based annual compliance plan
- Assess ongoing compliance
- Closing indentified gaps from annual review
The scope of this solution consists of a detailed audit process of the organization covering the statutory aspects – to find if the required statutory compliances regarding the remittances of dues, filing of challans, submission of returns and maintenance of records (as may be applicable to the organization under various labor laws / statutes) are being done properly. We also offer outsourcing solutions to manage various statutory compliances, thereby reducing the transactional load from your organization / HR team.