Best Payroll Software in India For Small and Midsized Businesses
“Which is the best payroll software for Indian businesses?” was widely searched in the last fiscal year, and we can clearly see why. Managing payroll is an uphill battle for many startups and thriving entrepreneurs. Be it staying updated with salary structure, tax filing, attendance data, or maintaining employee pay records, there’s a lot […]
Statutory Compliances in Payroll: How Finsmart Can Help
Most businesses in India have to comply with industry standards, laws, and regulations set by the government. Payroll statutory compliances are definitely one of the most important ones. For those who don’t know, they represent legal frameworks within which a company must comport itself not just to protect rights but also for better treatment of […]
Managing Payroll for Small and Mid-sized Business: 7 Tips to Consider
Managing the payroll correctly is really crucial for small and mid-sized businesses to keep the employees happy and productive. While benefits of self-managing payroll are galore, it’s a time-consuming function for business owners with a lot on their plate. Monthly payroll processing, calculation of payroll statutory dues, preparation and distribution of employee pay slips and […]
How better payroll management lead to happier employees? – Finsmart
Managing payroll information isn’t just about sending off cheques, releasing salaries, and keeping records. It is highly concerned with the organization’s relationship with its employees, handling their grievances, and standing answerable to their concerns and queries. If an organization aces its payroll management, employees are always going to be smiling… and working. How do you ensure […]
5 Simple Ways to Streamline your Payroll Management – Finsmart
Managing payroll systems isn’t an easy job. Whether your company is just starting or whether you have grown is a mid-sized company that’s humming with business; we could all use some help with payroll management. But the question is… where to start from? Considering that automating tools help considerably in streamlining your payroll management systems, how exactly […]
How to Maintain Confidentiality of Payroll Information in Business?
Your employees give you the most personal and important information, like their bank account number, PAN number, AADHAR number, and other information. If you can’t keep this information safe and secure, which is a critical task in a world that’s barraged with electronic information like that, then your company is going to lose quite a […]
How E-Payroll Management Boosts the Organization performance?
What is Payroll Management? The payroll management refers to the process of managing the administration of a company’s employee’s financial records. This would include details of the employee’s salaries, incentives, bonuses, allowance, deductions, gross pay and net pay. An employer must maintain and keep these records as dictated by the rules and regulations. Are you […]
Payroll Management Process, Payroll Methods & Solutions – Finsmart Blog
Payroll is one of the significant elements of whether you will join a company or not. But while negotiating your salary, we focus on increasing that CTC. While CTC is important for your salary structure, you also pay attention to how much your take-home salary increases. To know your salary in and out, read on. […]
Payroll Management: 6 Easy Ways to Manage Payroll Effectively
Managing payroll systems isn’t an easy job. Whether your company is just starting or whether you have grown is a mid-sized company that’s humming with business; we could all use some help with payroll management. But the question is… from where to start? Considering that automating tools help considerably in streamlining your payroll management systems, how exactly […]
Why payroll functions & procedures are important for organization?
Number crunching means activities or processes which are concerned with numbers or mathematical calculation; for example, calculations in finance, statistics, or computing. It is rightly said that payroll function is much more than the crunching of numbers, the value of the time which you invested in doing payroll is much greater than paying someone for […]