- Preparation of HR Policies
- Preparation of Employee Agreements
- ESI, EPF, Contract Labour, Shops & Establishment Records
- Payroll Processing
- Leave Management
- Pay slips generation
- Monthly Payroll Reports
We use latest technology and software to ensure easy, accurate and affordable payroll processing. We offer a vast number of payroll features to ensure all your requirements are met exactly the way you want it.
- Is managed by Chartered Accountants to ensure service quality is built in.
- Flexible cost effective plans to cater Start Up’s and SME’s
- “Maker-Checker” verification process is followed to eliminate the scope of errors
- Dedicated account manager is assigned for effective communication and hassle free payroll implementation and processing
- Expert Support team for answering all the queries of employees related to payroll, taxes or compliance
- Assured Data security and Protection compliant
Payroll Outsourcing Features
- Documentation (HR Kit)
- Statutory Compliance
- Functional HR
- Updates & Query Management
- Payroll Reports
- Software Implementation/Setup
- Payroll Management
- Preparation of Standard Offer Letter, Appointment Letter, Compensation revision letter and other relevant HR letters/documents/ certificates
- Preparation of Standard Employment Agreement and Employee handbook
- Preparation of Company Leave policy and Holiday List for the Calendar year
- Preparation of Sexual harassment policy
- Checklist for maintenance of employee personnel documentation
- Checklist for maintenance of statutory forms related to employees as per labour laws
- Statutory contributions management under EPF, ESI, PT, Gratuity, Bonus, TDS, Labour welfare fund etc
- Filing of periodic returns under EPF, ESI, PT, e-TDS, Contract Labour, Shops & Establishment
- Maintenance of registers and records under Shops & Establishment, Labour Welfare, Gratuity, Minimum Wages, Contract Labour, Bonus, EPF, ESI, PT, and Income tax
- Delight employees with dedicated self service mobile app
- Anytime, anywhere access to leave, salary and tax reports
- Employees can apply for leaves & expenses online and managers can approve with a click
- Employees can declare and plan income tax and take home their maximum pay
- Employee information management
- Sending Notifications/Memos on payslips release, new joiners, birthdays, anniversaries etc.
- Releasing login details of online Employee self-service for new employees
- Time and Attendance tracking with Bio-metric integration
- Leave management
- Expense Reimbursements
- Loan management
- Updating on Legislative changes impacting payroll
- Addressing the concerns/queries of employees related to payroll, taxes or compliance through Ticket tracking
- Payroll Payout reports (Salary statement, Bank transfer advise, Payroll JV, etc)
- Payroll Control reports (Payroll Reco, Employee Reco, Hold-Release Salary report etc)
- Leave reports (Leave summary report, Leave transaction report, Leave encashment report, Leave balance report etc)
- Payroll Analytics reports (Salary structure report, Salary overrides report, Headcount report, Attrition report, Settlement report, Salary revisions report, Salary Input report , Salary Variance report, Cost centre report etc.)
- Loan & Reimbursement report (Summary report & transaction report)
- Statutory reports under PF, ESI, Income Tax (TDS), Professional Tax, etc.
- Labour law reports under Shops & Establishment, Labour Welfare, Gratuity, Minimum Wages, Contract Labour, Bonus etc.
- Company master and employee master configuration in Payroll software– Setting up all company rules like salary structure, leave policy, dashboards, bank details, etc.
- Uploading your processed payroll data for the past months of current financial year
- Setting role based access permission for various users like HR, finance, managers, auditors, in portal etc.
- Getting your payroll live within 7 working days
- Configuration and release of Employee Self Service app to all employees
- Training on use of Employee Self-Service
- Creation of Salary Structure to meet statutory requirements and let employees take home their maximum pay.
- Obtaining IT Declaration & Withholding tax management
- Management of salary arrears, salary revisions, perks, incentives & FFS
- Monthly Payroll Processing
- Salary Variance Analysis
- Payroll Accounting JV/GL File Reconciliation
- Full & Final Settlement Processing
- Disbursement of Salary
- Generate Pay slips & Issue of Form 16
Obtain help of Professionals & Subject matter experts at CFO Affairs to understand the intricacies involved in the HR & Payroll. We are more than happy to educate you and make your entity registration a hassle free process.
Because that will enable each of us to do what we are good at!
We’ve worked with CFO Affairs from the very early stages of our business, through to established startup, and then scale up. They have been a one stop solution to our start up needs, understanding our core activities, suggesting us the most appropriate entity, advising us on the mandatory registrations & permissions to be obtained. Their work has been invaluable to us and I would unreservedly recommend them!
As a startup company we were incurring costs in the set up of our business. CFO Affairs helped us with an interesting expense budgeting & business plan along with setting up of the entire work flow, invoicing, accounting and compliance system in place. The execution by their team was the best! We were relieved of so much work load and responsibilities! I personally recommend CFO Affairs to one & all! We will stay associated with you guys!
This is good news for me that the company is now incorporated. I would like to thank CFO Affairs and all its staff members involved in the incorporation process. CFO Affairs has been very punctual and thorough in all the documentation process. I am sure, it would have taken a lot more time for me to manage this stuff by myself, thanks to CFO Affairs, they managed it all for me.
The expertise at CFO Affairs is really broad and at the same time they have great specialists amongst them, giving access to advice that is current and in line with changing trends and norms. They have been awesome when it comes to delivering on time, proactively providing expert support to so many facets of our early strategies and management & an insightful and attentive partner. Kudos to the team! Keep the good work going.