ABS Business Services design and manage large and often complex payroll arrangements for local and international needs. As a global staffing organization, we offer our customers a wealth of knowledge and experience in providing fully law compliant, accurate and timely solutions covering a single contractor working abroad.
Process for establishing a payroll system
- Reviewing and designing of Compensation Structure fully compliant and lawful
- Leave and attendance management
- Integration with existing systems like biometrics
- GPS based mobile attendance management
- Deduction of all taxes, social insurances and any other employment burdens
- Electronic and/or manual billing system content and format, tailored to the client finance department’s needs.
- Contractor electronic and/or manual pay-slips, identifying all pay rates, benefits, allowances, gross earnings and to time wise deductions giving a net pay.
- Independent contractor processing system, compliant with governing legislation.
- Appoint a personal finance representative as the first point of contact.
We also establish
- Investment declarations
- Employee welfare services like meal coupons, ITR filing
- Employee Self-service, on mobile
- India, International Compliances
- ESI, PF, TDS compliances
- Integrations with existing ERP platforms
- Exit management
- Solutions for payroll outsourcing companies
- Roster planning for Retail and industries for OT/ PT manpower
- Employee welfare services like meal coupons, ITR filing
- A pay issue, escalation and resolution process.
- As contractors are employees, consultants or suppliers to ABS, we manage all HR, admin and contractual requirements.
- Ensure all data is held confidentially and securely, in compliance with national and international data protection laws.
Features
| On-time | Accuracy every time |
| Data protected | Electronic timesheets |
| Legally compliant | Variable pay periods |
| Custom reporting | Global solutions |
Benefit to customers
Our clients see value through:
- Freeing up internal resource
- Reducing compliance risk
- Reducing risk of systems failure
- Improving scale, flexibility and reliability of payroll
- Fully detailed billing with complete backup
- Analytics tailored to suit reporting needs
Our contractors see value through:
- Receiving on-time accurate remuneration every time
- Point of contact to discuss payroll issues
- Advice and support on HR and remuneration arrangements
