Paysquare’s New Release For Global Payroll Operations

Pune, Maharashtra, October 31, 2019: Payroll outsourcing giant Paysquare has added yet another jewel to its crown with the unveiling of trend-setting global payroll processing solutions and services suite for enterprises with multi-country presence.

In a bid to answer cut throat competition, business complexities and uncertainties, enterprises today are zeroing in on innovation, upskilling of the workforce and comprehensive restructuring measures to stay profitable.

In such a scenario, enterprises with global presence witness frequent hiccups owing to the absence of stringent compliance with local and global payroll regulations. Inducting local human resources across borders not only incurs hefty expenditure but also induces complexities in payroll management.

Moreover, with no stringent data security measures in place, the likelihood of a breach of employee confidential information escalates significantly.

Paysquare’s global payroll processing solutions suite ensures centralised management of payroll operations across the globe utilizing cutting edge technologies like Artificial Intelligence for a seamless, user- friendly payroll experience to the global workforce of an enterprise.

Furthermore, any updates related to payroll compliance are instantly synchronised with the system ensuring zero scope for errors and avoiding hefty regulatory penalties.

Some of the industry-leading features of the solutions suite include :-

  • Monthly payroll calculation and delivery
  • Employee specific income tax management and submission to local tax authorities
  • Employee payroll data maintenance
  • Electronic pay-slip reporting

“Our team at Paysquare is committed to ensuring an end to end payroll management for our esteemed clientele. The industry-leading global payroll processing solutions suite features comprehensive migration support; a highly scalable, cutting edge back-end payroll system and a multi-layer data security mechanism. All of this ensures a distinctive payroll experience to multinational enterprises” – Rakesh Jain, CEO and founder, Paysquare.

Right from disbursing salaries to analysing operational costs or generating performance metrics of employees, outsourcing payroll has come as an end to end service for enterprises, eyeing to tap on new opportunities and streamline revenue centric operations.

With rapid advancements in technology, the payroll landscape has now transformed from legacy on-premise system towards a cloud-based service. Emerging technologies including Artificial Intelligence, Blockchain and Chatbots are empowering payroll processes to automate repetitive, tedious manual tasks which consume significant work hours of professionals.

About Paysquare From consolidating HR/Finance & employee inputs to the processing of payroll, providing the respective outputs and managing statutory filing, Paysquare helps you manage it all. We also offer Resource Management services, where we help our clients place their staff on our payroll and completely manage employee benefits for such staff. As of today, we process more than 3,00,000 payroll records every month.

Recent Articles

EVM India launches ‘En Series’ ultra-lightweight Power Banks for its Indian consumers

The all new innovatively designed 'EnAble' 'EnAble+'& EnCore power-packed Power Banks from EVM India New Delhi, 7th October 2019: EVM, India's fastest...

73% of software developers willing to invest Rs 10,000-20,000 per year for upskilling: TechGig survey

TechGig survey of 1,057 IT professionals reveals that most (73% IT professionals) willing to spend Rs 10,000-20,000 per year for upskilling Most...

With the spark of persistent learning, How Honey Thakkar is making easy for Startups/SMEs offline Businesses to go Online

With the spark of persistent learning, Honey Thakkar graduated with a bachelor’s degree in Computer Application from Somlalit Collage, Ahmedabad, Gujarat.

India Inc. predicts an uptick in hiring activities in the year 2020: TimesJobs survey

In a TimesJobs survey, about 25% of HR managers claim that management professionals will be hired most by MNCs in 2020  Demand for IT support,...

IBG announcing intention to improve relations and contacts with government authorities

In line with IBG(India Business Group) announcing intention to improve relations and contacts with government authorities, we have met Mayor of Mumbai...

Related Stories

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay on op - Ge the daily news in your inbox