Best Payroll Company in Chennai

Getting paid on time is a comfort many of us take for granted. Getting all that money credited on a specific date every month, like clockwork, is not an easy task to accomplish. There is an efficient payroll management system and HR that make this possible.

Payroll processing involves payment of salaries due to a list of employees/staff on a specific day based on the number of hours/days they have worked, the number of leaves taken and the reimbursements they are supposed to receive etc. Generally, the payroll processing is handled by the HR department in a company.

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Best payroll company in chennai

Need for a payroll consulting service

Payroll Outsourcing in Chennai

Sometimes, especially in larger organizations, the salary due to employees contains fixed and variable pay, will be dependent on the project or the kind of work, and very cumbersome to calculate, given several factors that affect it.

Under such circumstances, how does the company ensure that all of its employees get paid, and on time month on month? By using payroll outsourcing providers or payroll companies in Chennai, of course. Our payroll services provide services to several small, medium, and large enterprises across India and the world.

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Why Alp?

There are several payroll companies in Chennai. What makes Alp so special that you should opt for it? Alp Consulting, a subsidiary of Outsourcing Inc. has more than a hundred high-profile Fortune 500 clients spread across the globe and our proficiencies encompasses all aspects of HR management, beginning with recruitment and staffing to payroll management and training to managing exit interviews.

Looking for a customized solution for your organization? We provide that too. If you are worried about compliance, worry no more. We take care of statutory compliance too, which you the HR department in an organization and every decision maker relax a bit and be confident that all legal obligations have been fulfilled.

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Payroll consultancy in chennai

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Payroll services in Chennai

Generally, the payroll services provided by payroll consulting companies in Chennai are quite exhaustive. Here are most of the services they provide organizations.

  • Employee Self-Service (ESS): Employees can submit queries and view/print salary slips and apply for leave etc.
  • Salary calculation: Accurate calculation of salary for each employee.
  • Automated Attendance: Attendance happens by using a system that tracks employee activity online.
  • Leave Import/Export: List of leave balances and other leave information may be saved to an Excel sheet.
  • Managing reimbursements: Does the employee need a vehicle or fuel allowance? Such reimbursements can be calculated too.
  • Ensuring compliance with government rules and regulations: Any update to the laws governing recruitment and employee management will be fully adhered to.
  • Web-based processing of full and final settlement: The full and final settlement will be generated by the payroll management system, which considers hours worked, leaves taken and date of joining etc.
  • Employee benefits and compensations: What are the benefits that employees should have? Some examples of such benefits are life and health insurance policies and managing investment portfolios on behalf of the candidates.
  • Deduction of income taxes and contribution towards provident fund: The taxes must be deducted on time and a contribution must be made toward the provident fund too.
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How Do Our Payroll Services Help Companies in Chennai?

Thanks to our experience of more than 25 years, we are one of the most sought-after payroll companies in Chennai. Here’s a look at how the payroll services we provide can benefit your company:

  • The web interface for our payroll management system is easy to use and very intuitive.
  • Employees can use the self-service portal with little to no training. It has a gentle learning curve.
  • Statutory laws are taken care of by our highly proficient, expert payroll service teams.
  • We help create a payroll structure and pay structure that can be adapted for every employee across the organization.
  • We save you a lot of time and cost savings in setting up a payroll for your organization.
  • We provide advice on remittance of PT, PF etc. and advise how employees can save the money deducted as taxes.
  • Forms 16 and 24 are generated in line with the company needs.
  • Our dedicated managers provide uninterrupted payroll services for your company.
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How Alp Payroll Services Help Companies

Frequently Asked Questions

1Is third-party payroll service worth it?
Third-party payroll service is totally worth it if you pick the right payroll service provider. Especially, if your organization is large, then the cost and time savings are immense too. A payroll service provider may also offer additional services bundled with the payroll offering, which again might be a great deal for several organizations.
2What is the difference between payroll and HR?
HR takes care of employee engagement and retention and builds on the relationships companies have with their employees. Payroll decides how employees must be paid and how frequently.
3What are the challenges in payroll outsourcing?

There are several challenges to setting up a payroll service that can give you time to manage other aspects of your business. Some of them are:

  1. Data security and confidentiality

    All payroll information that you have must be kept private. If a competitor gets access to such information, then it could prove disastrous for your company.

  2. Culture and Language differences

    Sometimes cultural or language barriers can affect the services you get from the payroll consultant in a city like Chennai. If you do not communicate exactly what you need, you will not get the desired results.

  3. Hidden costs over the long-term

    Some payroll companies in Chennai can charge previously undeclared costs, which could exceed your budget and may want to question your move to outsource to a payroll service provider.

  4. Lack of accurate reporting and compliance

    If the reporting and compliance is not on point, then you could lose a lot more than you imagine, especially if the Government’s and other regulatory body’s eyes are on you.

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    Want to explore partnership with Alp?

    Whether you are a startup on a growth trajectory or a large organization struggling to maintain your talent pipeline or a company looking to outsource HR or training functions, we have bespoke solutions for everyone! 

    Just submit the form above (for mobile) or on the left (for desktop) and we will get back to you within 2 working days.

    Please do NOT fill the form for any job related query. If you are looking for a job please visit our careers page. If you need any support from our HR team please send an email to hr@alpconsulting.in.