Monday, September 06, 2010
   
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Payroll Services

Mentoris provides Payroll processing services to its customers. By outsourcing this function customers save close to 40-50% of costs while reducing administrative and tedious work and allows your team to concentrate on other activities which will help grow your business without increasing direct headcount.

Our Team members are well experienced in US GAAP and UK GAAP has experience of working on various accounting software like QuickBooks Payroll.

Payroll is often regarded as a cog within the wheel of business. There are unique challenges any organization faces – whether they use an in-house or an outsourced solution.

At Mentoris, we listened to our customers, learned from our experience overcame these challenges and formed a robust system that dealt with these situations.

1. Ensuring compliance

Companies have pressure to adhere to Corporate Governance and the constant changes that happen in the “compliance body”, you need a watchdog which monitors changes in legislation on all levels and adjustments made to the payroll system. Mentoris payroll system has a robust rule based engine that caters to the changes that happen.

2. Getting accurate, real-time reporting

Although Payroll Process is a batch process, the level of accuracy can be compared to Clockwork.  Our Payroll provides that mark of accuracy with being able to mine historical data which can help represent future scenarios.  Our reports are geared to make the employer do “what if scenarios” reporting thus behind ahead of the curve in their planning process

3. Keeping technology and maintenance costs down

There is no upfront cost for you to acquire and implement our Payroll System. We have a flat fee structure making it simple and easy to use. We constantly invest and upgrade our technology which in turn helps customers increased value.

4. Ensuring confidentiality

We maintain high level of security with privilege access, password protection, and 128 bit encryption over a secure socket layer and we also use CVS version control to maintain confidentiality.  All email pay slips are password protected with encrypted hard drives including backups.

5. Integration

Mentoris payroll software is designed using “open architecture” and thin client for easy integration. Its build on the latest version ASP.Net 3.0 which has the ease of integration with other HR applications  such as time and attendance, accounting packages, excel or any ERP. Customization and Integration is possible using our Payroll system to suit individual client needs.

6. Tax accuracy

Indian Tax laws are dynamic and changes occur. Our knowledge base ensures employees are taxed correctly.   Mentoris Payroll services also advices their customer on the important tax updates and the implementation plan.

7. Flexibility

Mentoris Payroll service has a rule-based engine that provides flexibility and allowing the creation of as many payroll scenarios as required.

8. Resources

Mentoris has payroll specialist who are up to date trained on the changes in the tax laws and the depth of experience using our system entails them to perform their work with speed and accuracy.

Our Engagement Model:-

Mentoris will assign to you dedicated personnel who will be responsible for your company's payroll and will provide you with personalized service including regular reports and exceptions handling if any.

  • Cost savings of 40-50%.
  • Reduce tedious administrative and routine responsibilities associated with pay roll preparation and processing.
  • Enjoy greater focus of time and resources on your core business and on your customers.
  • Greater flexibility in staffing and resource maximization.
  • Staff frees to take on additional responsibility and increase efficiency and implement growth strategies.
  • Payroll taken care completely by experts.

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