Konnect has been catering to the Payroll Processing function since the last two years now. A related function to Finance and Accounting Outsourcing, the Outsourcing engagement will reduce your cost of operation by 40-50% thereby increasing profitability.
Client (Software Interface)
We allow your employees to use the Employee Self Service Portal to:
- Clock in & Clock Off
- Apply for leaves
- Request for Reimbursements
- Fill up their IT declaration forms
- Generate Payslips
Client (CEO, Manager Interface)
While you as a Manager or a CEO of a company gather information about:
- Real time attendance
- Compensation paid every month
- Salary Approvalâ€™s every Paycycle
- Salary Structure information
& a host of reports on request. These reports are presented in a highly graphical manner for ease of decision making
Our Other Services Include
- Processing and delivery Payroll reports
- Payroll tax returns Quarterly and annual tax reports
- Indian Tax Compliance & Australian Tax Compliance services
- Generation & submission of Form 16 for employees
- 940s and 941s W2 and W4 reporting
- Analysis of Portfolio structures
- Employee insurance deductions Time and attendance system
- Filing Direct deposit payments with â€œpaperlessâ€ payroll options
Why to Outsource?
- Reduce tedious administrative and routine responsibilities- Thereby enables you to concentrate on your primary objectives required for the growth of your company
- Increase Efficiency in tax returns: Outsourcing payroll process to back office service Konnect means shared work load like filing tax returns that can be managed efficiently.
- Effective Processing Time: A favorable time difference between India and US/ UK and European countries is useful especially during peak work-load seasons. At Konnectâ€™s Outsourcing division we work while you sleep, this enables faster work completion.
Konnect uses the following Payroll processing Software’s
Following Softwareâ€™s are used to ensure that we provide our payroll processing customers with fast and accurate services:
- Quickbooks (Intuit)
- Payroll PayCycle
- MYOB Pyroll
- PayChex Deltek
- ADP Accountix
- WorkrigÂ (www.workrig.com)- for India
These softwareâ€™s are not only enablerâ€™s but can also be integrated with Workrig- Payroll and Human Capital Management software to provide you with Intuitive Dashboards and Real Time Reports, for instant decision making and updates.
For more information on Workrig, access www.workrig.com