Where the client is not interested in owning the product, we help in payroll outsourcing for the clients. The clients need to give their monthly variable data to us for generating payroll. Crystal extends its services to generate payslips, compute income tax calculation and generate required statutory returns pertaining to PF, ESI, Income Tax, Prof. Tax, etc.
Payroll is the one of the complicated areas where HR or the finance team finds it difficult to handle. The reasons are many ranging from – no reliable software, no reliable manpower, no reliable person with comprehensive knowledge on compliances, need to maintain secrecy and frequent changes in the salary computation. When payroll is outsourced, the HR/Finance team needs to concentrate only on the core issues concerning the company. The team is insulated from the possible mistakes or the penalities that may surface on statutory non-compliance. In the modern era, the one that keeps changing constantly is the technology. When the payroll services are outsourced the client need not mind about the software, the technology and the skill set of the employees to work on newer technology. The cost associated with the change of technology is also of no concern to the client. It would be the concern of the service provider to provide the best technology that is upto date that enables the client to use the services. Infrastructure management will be the responsibility of the service provider.
We at Crystal have 15 years experience in developing payroll software application. We have been adaptive to constant change in the technology and have been able to absorb the latest technology with our expertise. Having worked with the top corporate companies, we have a very exhaustive domain knowledge to understand the various complications that are part of payroll processing. We have experienced resources with adequate knowledge that have been with us for more than 5 years in the areas of PF, ESI , Income tax and other statutory compliances. The core technology team has employee stock option that ensures the continuation of their services in our company in providing the best technology framework whenever required. Since the payroll package is developed and owned by us, there is no need to depend on outside vendor to deliver the functionalities to suit the client needs. This differentiates us from other service provider where many of them depend on the software developed by the third party. This is a huge risk where the confidential data gets exposed to the third party and the success of the services depends on the business continuity of the third party software provider. The software that we have developed is so dynamic that it can incorporate most of the logic on the fly. This ensures fast time to market wherein we need not customize the software for every small requirement from the client. Most of the logics are parameterized where a change of configuration would result in change of logic. This saves enormous amount of time when there is a change in the business rule. In simpler words, Crystal HR, a Payroll Outsourcing company in Chennai uses its payroll product to manage payroll bureau of its clients and does the payroll outsourcing services to its clients. Clients like banking, financial, logistic, retail and corporate companies select and achieves the payroll outsourcing benefits. Payroll outsourcing in India is not only done for large companies but also for small companies.
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