Top 10 Payroll Outsourcing Companies in India
Top 10 Payroll Outsourcing Companies in India- Payroll outsourcing and compliance management play a vital role in managing the finances of a business. Companies that do not follow the system of payroll outsourcing and compliance management have the chance to fall into legal issues, employee dissatisfaction, fines and other problems that can affect the reputation, growth, and productivity of the company. The Top 10 Payroll Outsourcing Companies in India is a complex task to rum, but they have their payroll in-house and potentially charge higher costs which may not be suitable for small companies.
The payroll outsourcing system helps in reducing the change of errors and provides accurate and compliant results. This helps to keep the business safe and away from legal issues, fines, or miscalculations in the salaries of the employees. Hiring the Top 10 Payroll Outsourcing Companies in India helps to save time and also reduces the cost efficiency of the organization, which helps HR to concentrate on other core activities of the company and results in increasing the overall productivity.
Top 10 Payroll Outsourcing Companies in India
Payroll outsourcing is done when a company recruits an independent processor to complete payroll processes on behalf of the profession. The role of the payroll provider is to manage the taxes, deposits, salary adjustments, and calculating weekly payroll. By using a payroll outsourcing system it helps to save a lot of time and also helps in reducing documentation work. The choice for opting payroll outsourcing depends on the size of the company and the number of employees it has. Here is the list of the Top 10 Payroll Outsourcing companies in India that can help you leverage the hiring of valuable candidates.
Teamplus India
Teamplus India is the fastest growing and is known to be the number one organization for Top 10 Payroll Outsourcing Companies in India company in India. This company was founded by Priam Banbrao Dumbre and was established in 2015. In a very short period of time they gained a lot of reputation and name in the market. Their company provides Payroll outsourcing and compliance management along with full fledged HRMS solutions. They have more than 600+ clients who trust Teamplus India with the quality of their works. T know more about Teamplus Inndia, contact at the information provided below:-
Company Name:- Teamplus Indi
Contact Number:-+91 80 87606363
Email ID:-hr@teamplusindia.in
Location:-Office No 408, 4th Floor (Office Lobby, Vision One Mall, Bhumkar Chowk Rd, near Hotel Ginger, Wakad, Pune, Pimpri-Chinchwad, Maharashtra 411033.
Quickchex
Quickcchex is a company designed to abide by the Indian payroll System. This company is known to be the best Top 10 Payroll Outsourcing Companies in India with the experience of 40+ years in the market and has gained a lot of reputation by providing quality work to their clients. In today’s date their company has more than 1500+ clients from all over India ranging from large multinational companies to even the small scale industries, who trust Quikchex with their payroll outsourcing system
ADP
ADP also known as Automatic Data Processing company known for the Top 10 Payroll Outsourcing Companies in India, have their headquarters in the United States of America. This company is a highly priced company as compared to other payroll outsourcing companies and may not be suitable for the small or midsize companies. ADP is suitable for those companies who are glaring global payroll outsourcing solutions Also this company is not suitable for the firms who are looking for speciality in HRMS modules. Some of the features of ADP are:-
- Peace of mind and less risk
- Availabilitu of employesss service including call centers and chat process
- Strategic insights ans support
Ramco
Ramco is one of the most renowned Top 10 Payroll Outsourcing Companies in India. This company holds over 25 years of experience in more than 100+ countries of the world. Also, this company uses the latest AI technology for payroll automation. Ramco organization has the ability to run the payroll outsourcing system globally including the Asia-Pacific region.
Hinduja Global Solutions
HGS also named as Hinduja Global Solutions is a top-notch company that provides payroll outsourcing to all the companies including large scale, small scale and midsize companies at an affordable price. They also provide various kinds of payroll systems like compliance management, end-to-end payroll outsourcing, structured staffing services, accounting, finances, HR services and many more. Here are some of the specialities og HGS outsourcing company:-
- They have more than 750+ ddigital transformation consultants.
- Client relationships contribute tp 40% of the revenue.
- They share the experience of more than 10 years in this field.
Easy Source
Easy Source is a company that pers payroll outsourcing, PEO and other services. They have been serving their clients for the last 15 years. Their company is not end-to-end and therefore does not provide any software solutions to the company along with outsourcing payroll services.
PaySquare
From the time PaySquare was established, this company has been in the list for Top 10 Payroll Outsourcing Companies in India. This company provides end-to-end payroll along with accounting outsourcing. PaySquare does not offer its own solutions for HRMS, which may not suit the companies who are looking for one-stop integrated solutions. The key features of PaySquare are:-
- Attendance and time management.
- Reporing and Statistics
- document management
- MIS reports
Zing HR
Zing HR provides many services like payroll, HR, human capital management (HCM). end-to-end HRMS solution, talent management solutions, workforce productivity and other services too. This company provides their facilities in various countries like Australia, India, Singapore and other locations also. Their company may not suit small companies as they look for simple HRMS and payroll outsourcing only.
Excelity Global
Excelity Global has established themselves worldwide Top 10 Payroll Outsourcing Companies in India and spread themselves in 17 other countries of Asia-pacific region. Their company provides Payroll outsourcing, employee self-service portals and basic payroll solutions. The benefit of hiring this company is that they provide payroll outsourcing and compliance management along with HRMS solutions. But it is not suitable for those who are seeking for full fledged HRMS solutions along with payroll outsourcing. Some of the characteristics of Excelity global are listed below:-
- Payroll database adminnistration.
- Flexible compensation administration.
- Compliance reporting.
- Full and final pay processing.
Osource
This company was established in 20004. The reason why it is considered in the Top 10 Payroll Outsourcing Companies in India is because they provide HRO service that includes employee lifecycle management, payroll management, recruitment, staffing, compliance management, HR shared services and many more. As outsource is a service centric company therefore, they do not provide HRMS solutions and do not target SMEs.
Conclusion
If you are looking for the best companies that provide payroll outsourcing, compliance management and HRMs solutions, the list mentioned above can help you find the best and the most reliable company amongst the Top 10 Payroll Outsourcing Companies in India. With this list you can save your time in recuritin the right candidate.
