Payroll & HR Services
Streamline Payroll and HR with our efficient systems and seamless management of the employee lifecycle.
Enquiry Form
150
+
Client Engagements
+
ERP Suites Expertise
M+
Monthly Transactions
200
+
Accounting Professionals
150
+
Client
Engagements
+
ERP Suites
Expertise
M+
Monthly Transactions
200
+
Accounting Professionals
Automate payroll system and human resource requirements with our end-to-end management services, ensuring accurate salary processing, tax compliance, and seamless administration of employee benefits, delivered error-free and efficiently.
Our Payroll and HR services include management of employee payment, tax deductions and legal requirements. Our automated systems and customized payroll reports ensure accuracy in calculation and timely rollout of payments. Our specialists also manage employee benefits while adhering to labor regulations, tax filings, and international payroll. Our team keeps abreast of the new taxation laws and ensures adherence to every new mandate. Our self-service payroll portal enhances transparency and streamlines communication.
Service Areas Within Payroll & HR
Payroll Processing
Our professionals compute salaries, bonuses, overtime, and deductions of employees. We also assist in determining the net pay after considering taxation, social security, benefits, and other deductions.
Employee Benefits Administration
We maintain benefits including group health insurance, retirement contributions, and other benefits. It also incorporates the processing of bonus payments, performance payments and commissions.
Payroll Data Management
Our team keeps record of current payroll including personal information, wages and benefits. We install a payroll system with time and attendance system to calculate payroll accurately according to working hours.
Payroll Reporting and Analytics
We create comprehensive reports on payroll, such as salary payments, tax payments, and deductions. These reports on payroll expenses aid budget preparation and cost allocation.
Payroll Technology and Automation
Our services include installing and operating payroll software that automates the process of determining wages and submitting taxes. This ensures employees can access payroll information, payslips, and tax documents in a self-service portal.
Payroll Advisory Services
We advise on organizing payroll in a tax-efficient manner and adhere to local and international tax regulations.
Ascentium Insights
Frequently Asked Questions
How can payroll services benefit my business?
Payroll services save time and also reduce administrative pressure, compliance with tax and labor regulations, reduce payroll errors, and save time.
Which payroll services do you provide?
We manage salary, tax withholding, benefits, adherence to statutory requirements, tax returns, and sharing payslips with employees.
Are payroll services offered to businesses with employees in multiple countries?
Yes, we do provide global payroll services, that are compliant with the local tax laws and regulations in each country the business is located.
Is payslip generation and distribution part of the offering?
We generate detailed and compliant payslips which are shared with employees through employee self-service portals or email, ensuring confidentiality.
What are the types of payroll reports provided?
We prepare detailed payroll reports, such as salary disbursement summaries, tax deductions, compliance reports, and departmental or project analysis of cost allocation.
Does the offering include employee onboarding and offboarding payroll processes?
Yes, as one of our payroll solutions, we handle the setting up of payroll of new employees, and the final settlement of old employees, like leave encashments, bonuses, and deductions.
How does the team of Ascentium stay up-to-date with changing payroll regulations?
Our team observes and responds to any changes in regulations and updates to ensure we comply by all new laws and regulations.
What is payroll outsourcing?
Payroll outsourcing refers to the outsourcing of payroll processing and compliance services to a third party so that businesses can concentrate on business expansion without compromising on paying employees at the right time and right amount of money.
Are payroll services offered to startups and small businesses?
Yes, we offer scalable payroll services that serve start ups, small and medium sized companies that are affordable and do not compromise on quality.
