Bespoke’s payroll processing takes care of all the requirements of salary and wages related obligations of our clients starting from attendance and leave management to generation of management reports, direct emailing to employees and meeting compliance requirements under various statutory obligations. It also generates MIS reports specific to client’s requirements including dashboard for top management providing bird’s eye view on payroll management.
Staff in Bespoke is well trained to process employee’s payroll from data received in various forms from the client. They are also competent enough to take care of all the regulatory changes occurring during intermittent period by incorporating such changes in the payroll processing before formal submission of reports to the clients.
Our specific payroll services are as follows:
- Salary Management (including arrears, bonus payment etc.)
- Salary Register (Specific to Location / Department / Unit / Branch)
- Multiple Allowances, Deductions and Variables in the system
- Direct Email Services for Payslip, Tax Computation, Form 16 etc.
- Full and Final settlement including tax workings, journal entries etc.
- Attendance Management with overtime concepts
- Grade / Branch / Department / Employee wise
- Different weekly off for different set of employees
- Holiday configuration
- Monthly summaries upload in the system
- Alteration in salary structure based on promotion, increments etc.
- Arrear Computation (incl. index based arrear computation)
- Bonus and performance related pay disbursement plan
- Intermittent period salary revisions for payroll processing
- Projected annual salary disbursement after appraisal events
- Application of leaves as per Company’s policy
- Integration with attendance register
- Carry forward / encashment / full availment concepts
- Balance leave information as part of salary slip
- Leave records through Mobile Apps
- Different type of loans to employees
- Monthly EMI Calculator
- Rule based deduction from salary
- Computation of perk value of subsidized loans
- Detailed report on loan / employee wise
- Real time salary report based on specific requirements
- Routine regulatory reports related to PF, ESI, Income Tax and Prof Tax
- Reports on payment for bonus, gratuity etc.
- Reports specific to department, company, group etc.
- CEO Payroll Dashboard on projections, variations graph etc.