You should approach a payroll company like greytHR because they’re India’s first HR and payroll software to migrate to the cloud. Since 20 years, they’ve been thought leaders and pioneers in the industry; in fact, many payroll outsourcing companies and CAs in Bangalore, Chennai, Pune, Mumbai, Hyderabad and Delhi uses greytHR to process payroll for their clients!
One of the best payroll companies
With greytHR, you can get salaries out in just minutes instead of days! greytHR payroll software covers all aspects of payroll outsourcing services leading to less work and more peace of mind. You can now ensure 100% accuracy, huge time savings, and highly satisfied employees.
greytHR’s payroll outsourcing service offerings provide:
Comprehensive coverage of every single aspect of payroll management including statutory compliance
Accurate and super fast payroll processing
Powerful reconciliation tools and reports to audit and review before payroll release
Ready to print payslips, reports, statements, etc.
A click is all it takes to process employee salaries. With that click, greytHR accurately computes salary for all employees including statutory deductions (PF, PT, ESI and TDS), loan deductions, stop payments, revisions, loss of pay, pro-rata salary, income tax computation, etc.
The biggest strength of being one of the best payroll companies, is greytHR’s flexibility and power to handle any type of salary structure. They guarantee that your requirements will be perfectly addressed.
Some of their clients also include payroll outsourcing companies. They acknowledge that all statutory deductions for PF, ESI, Professional tax, TDS, etc., are automatically handled by the payroll software as per law. You can also generate all the required reports, such as PF ECR file, ESI returns, PT reports of all states and TDS returns without having to do any additional work.
Income Tax (TDS) Management
Indian income tax rules are one of the most complex in the entire world. Accurate TDS calculations becomes a daunting task as a large number of clauses and subclauses need to be considered. greytHR expertly masters all this complexity and you have very little work to do each month.
Not only is the TDS automatically deducted but various related reports are ready to use including Monthly Tax Statement, Form 16 and 12BA, eTDS Returns, Form 24Q, etc.
Also, ensure accuracy with a variety of payroll reconciliation tools. The Payroll Differences Report not only tells you which components have changed compared to last month but also the reason for the change. There are other reports, such as employee headcount reconciliation and payroll transfer type reconciliation (cash/bank) that are very useful.
Accurate and customizable payslips
Your business loses every time an employee gets an incorrect salary slip. As one of the best payroll companies out there, with greytHR, you have a permanent solution. Get 100% accurate and professional looking payslips, instantly, and without any effort! Now also access your payslip on greytHR mobile app anywhere, anytime
You can customize the appearance and content of your payslips. Generate the payslips and download them for printing. Or, email the payslips directly to employees as PDF attachments (with password protection). Even better, publish payslips online and employees can view / download the payslips at their convenience in employee self -service portal.