Payroll does not just comprise of paying your employees. It involves compliant related risks, other compensations, maintaining of leave and attendance data etc. Managing all of this information on excel and manually processing it is full of risks. Outsource your payroll processing with Beehive and let us provide you with:
- Consolidated reports, error-free calculations with MIS analytics to track ROI.
- Save the cost on investing in expensive solutions or a maintaining a financial department.
- Speedy recovery with measurable TAT for any queries.
- Maintain all of your employee financial details in an accessible manner.
- Eliminate the risk related to compliance and penalties.
- Use your resources in alternative and more productive fields.
- Mainly processing monthly employee compensations effortlessly.
From your end all you have to do is share the monthly variable details of the employees and the rest shall be taken care by our solution specialists. The payroll shall be calculated basis your organizational policies, while keeping in mind the statutory compliances. Our systems are always up to date with the upcoming legislative updates, helping you always abide by the same. We assist in handling all of your employee investment declarations while recruitment by keeping it up to date in your employee database. We help you have a clear understanding of your expenses against the profits you are making. Beehive provides you with multiple reports to have a more guided planning and to make more informed decisions for your organizations growth.
You no more have to worry about accurate processing of the various government compliances like provident fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Labor Welfare Fund (LWF) etc. Beehive has successfully managed processing payroll for diverse clients with different sizes and strengths, of varied niches whilst attaining utmost perfection in its processes. Our comprehensive and intuitive system with the best in the market payroll professionals heading it Beehive is known for handling multi company payroll with high efficiency and enhanced effectiveness.
You can now create your own unique flexi-benefits packages aligned with innovative HR policies and further your boundaries of influencing employee experience in positive and productivity-driving manner. The whole purpose of Flexible Benefits plan or flexi basket application is to warrant tax efficient salary structures by reducing the administration cost from the employee’s salary heads. It is very difficult and highly expensive to plan a flexible benefit plan without the help of a proper system. Beehive makes this employee friendly plan extremely easy to roll-out. Out of a package of programs offered by the organization, the employee can pick and choose the benefits they want to be a part of their flexible benefit plan. These heads can include health insurance, reimbursement accounts, dependent care expenses, pension plans etc.
Ensuring your employees a smooth year-end process is crucial as the complexities involved during end of the year process could be very demanding and sometimes unmanageable if not planned properly. Beehive is the most preferred payroll outsourcing partner, with an exclusive focus on payroll outsourcing and led by a highly qualified team of chartered accountants. We have consistently ensured accuracy in payroll processing across its engagements.