Obox Hr: Payroll Outsourcing

Error-free payroll, every pay period

Payroll administration has endless tasks associated with it. Even the most meticulous and experienced professionals in India find it challenging to keep track of the country’s changing social security, tax and regulatory norms when computing payroll for its employees. This is why it becomes advisable to outsource payroll – which is a functional mix of human resources and accounting – to a qualified service provider to avoid financial and legal implications. Such a policy enables the company to focus on its core business functions and profit-making operations.

OBOX manages your entire payroll process, ensuring accurate and on time payment of employees while maintaining compliance with all local and national regulations. OBOX extends its expert services to start-ups, small, medium and large organisations. We address our clients’ HR requirements, such as on-time salary, taxation, advanced payroll calculations, and payroll compliance. We ensure complete confidentiality and data security of our clients’ and provide them with hassle-free processing. Being your strategic partner, our dedicated payroll support professionals will provide the highest quality service with the best tailored solution.

WHO should outsource payroll processing ?

Foreign market

Foreign market entrants who are unfamiliar with local regulation
SME & MSME

SMES that desire access to advanced payroll automation without additional cost
Startups

Startups, SMEs with limited budget for an independent HR departments
Growing Companies

Rapidly expanding companies that need to manage limited time and resources while concentrating on core business goals.

Payroll Management

Service that reduces cost and saves time OBOX’s All in One payroll bundle provides you with unlimited access to our comprehensive range of solutions, along with round the clock support from our payroll experts. As an outsource service provider, OBOX gives access to timely, accurate and secured calculations with the following:

Assisting in best salary structure and tax benefits
Calculating payroll, arranging salary payments and issuing pay-slips to employees
Monthly Individual Income Tax calculation
Computation of Gross, Net Salary & Reimbursements
Bank Advice Statement
Form 16, Investment Submission &Verification
Full & Final Settlement – Terminated employee out-processing
Calculations of Bonus, Gratuity and other non-regular items
Dedicated Accounts Manager for Query Management

Technology

Go Mobile with full employee life cycle We provide self sign-up cloud platform to manage your employees and organisational process across web & mobile app.

Attendance – Time & Location Tracking anytime, anywhere with GPS tracking & Geo- fencing
Leave Management
Expense & Asset Management
Submit Provisional Investment Declarations
View Pay-slips & Tax Computation Sheets
Employee Information & Engagement
Employee information, letters and documentation

Payroll Processing

One time activities

Salary and benefits structuring
Data miration
Setting up rule and employe masters
Dry and parellel runs

Recurring Activities

Payroll Processing
Pay Slips
Statutory Reports and Submissions
Client and Employee
Query Management

Annual Activities

IT computation
Reciept and verification of declaration and proofs
from 16 and Form 25

Reports and MIS

Pay Registers
Leave Reports
Bank Advice Reports
IT Reports Etc

Payroll Compliance

Simplifying tax while mitigating risk OBOX’s experts solve the complexities of the latest rules and regulations that vary from state to state. We help ensure payroll compliance with regulatory requirements

Computation of - PF, ESIC, LWF & PT
TDS Management, Quarterly & Yearly TDS Filings
Assisting on Audits & Inspections
Statutory – Minimum wages, Gratuity and Bonus

Customised Reports for Enhanced HR Practices

When you outsource payroll with OBOX, you don’t spend any time making calculations or preparing reports. We deliver custom-made reports that help organisations take key HR decisions that include the following: