Payroll Management :
Discover our efficient methods
Payroll management is a set of procedures and programs that organise payment, taxes, and wages.
It is a business functional operation that involves developing a flexible pay policy, leave encashment policy etc…
Companies of all sizes need an efficient payroll management provider.
It is a tool to help business owners define payslip models like basic, variable pay, HRA, and LTA.
Payroll management provides a verity of tools to create safe and organised payment procedures.
A payroll management provider can help you gather and arrange other payroll inputs.
Today’s technology allows us to function rapidly and efficiently.
With payroll management software, you can calculate gross salary, statutory as well as non-statutory deductions.
It can assist you in concluding the net pay.
Earn time and benefit from the latest technology in payroll management.
Automate your tasks, even the smallest ones, such as Depositing dues like TDS, PF, etc., using intelligent tools to filing returns.
DigitalCook is your payroll software provider.
We have assigned a team of experts to tackle such a sensitive task.
We understand that payroll is one of the most important business elements since it reflects the company’s professionalism and accuracy.
Therefore, we have trained our teams on the latest technology and soft communication skills and dealing with clients.
Payroll Management :
Discover our efficient methods
Payroll management is a set of procedures and programs that organise payment, taxes, and wages.
It is a business functional operation that involves developing a flexible pay policy, leave encashment policy etc…
Companies of all sizes need an efficient payroll management provider.
It is a tool to help business owners define payslip models like basic, variable pay, HRA, and LTA.
Payroll management provides a verity of tools to create safe and organised payment procedures.
A payroll management provider can help you gather and arrange other payroll inputs.
Today’s technology allows us to function rapidly and efficiently.
With payroll management software, you can calculate gross salary, statutory as well as non-statutory deductions.
It can assist you in concluding the net pay.
Earn time and benefit from the latest technology in payroll management.
Automate your tasks, even the smallest ones, such as Depositing dues like TDS, PF, etc., using intelligent tools to filing returns.
DigitalCook is your payroll software provider.
We have assigned a team of experts to tackle such a sensitive task.
We understand that payroll is one of the most important business elements since it reflects the company’s professionalism and accuracy.
Therefore, we have trained our teams on the latest technology and soft communication skills and dealing with clients.
Stages to Processing Payroll Management
Payroll processing is a delicate operation that goes through different stages.
It is not a one-based operation that can be done without accuracy or revision.
Payroll services rely on employees data, business operations, and detailed input concerning your company.
Therefore, you need specific and reliable technology for this task.
There are three main stages to reach a complete payroll process.
In the following, DigitalCook explains the main stages payroll management goes through :
Stages to Processing Payroll Management
Payroll processing is a delicate operation that goes through different stages.
It is not a one-based operation that can be done without accuracy or revision.
Payroll services rely on employees data, business operations, and detailed input concerning your company.
Therefore, you need specific and reliable technology for this task.
There are three main stages to reach a complete payroll process.
In the following, DigitalCook explains the main stages payroll management goes through :
Pre-Payroll Activities
It is the basic step where you define your payroll policy.
Several elements affect the net amount to be paid, such as pay policy, leave and benefits policy, attendance policy, etc.
Therefore, a payroll management provider must gather all relevant information to customise your service and assure an input validation according to your policies.
Pre-Payroll Activities
It is the basic step where you define your payroll policy.
Several elements affect the net amount to be paid, such as pay policy, leave and benefits policy, attendance policy, etc.
Therefore, a payroll management provider must gather all relevant information to customise your service and assure an input validation according to your policies.
Actual Payroll Process
This step includes payroll calculation. After the system validates your inputs, a series of calculations will result in the net pay after arranging mandatory taxes and other discounts.
Actual Payroll Process
This step includes payroll calculation. After the system validates your inputs, a series of calculations will result in the net pay after arranging mandatory taxes and other discounts.
Post-Payroll Process
After calculating the net pay and assigning the amounts, your payroll management must follow statutory compliance such as EPF, TDS, ESI.
The frequency differs on the type of the dues. Hence, every company has its specific needs and requirements.
After keeping a record of your financial transaction, you can finally pay your employees.
You can pay your staff salary by cash, cheque or bank transfer according to your staff preference.
Usually, companies pay their employees through bank transfer operations that require more procedures to assure your staff’s safety personal data like banking information.
Payroll is a complex operation, and it requires accuracy.
There will always be ongoing changes, challenges and adaptation.
Therefore, your payroll system requires constant attention and a regular monitor.
DigitalCook provides you with upgraded IT solutions and payroll management tools.
Post-Payroll Process
After calculating the net pay and assigning the amounts, your payroll management must follow statutory compliance such as EPF, TDS, ESI.
The frequency differs on the type of the dues. Hence, every company has its specific needs and requirements.
After keeping a record of your financial transaction, you can finally pay your employees.
You can pay your staff salary by cash, cheque or bank transfer according to your staff preference.
Usually, companies pay their employees through bank transfer operations that require more procedures to assure your staff’s safety personal data like banking information.
Payroll is a complex operation, and it requires accuracy.
There will always be ongoing changes, challenges and adaptation.
Therefore, your payroll system requires constant attention and a regular monitor.
DigitalCook provides you with upgraded IT solutions and payroll management tools.
Why does Payroll management Matter?
Your teams are the most important asset to your business.
A satisfied employee results in good quality service and helps your business thrive.
Companies dedicate a tremendous time, effort and money to recruit, train, and maintain sufficient employment for their business.
Therefore payroll management is one of the essential tasks to be monitored. Employees shouldn't worry about payment delays or lack of accuracy.
Why does Payroll management Matter?
Your teams are the most important asset to your business.
A satisfied employee results in good quality service and helps your business thrive.
Companies dedicate a tremendous time, effort and money to recruit, train, and maintain sufficient employment for their business.
Therefore payroll management is one of the essential tasks to be monitored. Employees shouldn't worry about payment delays or lack of accuracy.
DigitalCook customised services allow you to benefit from exclusive payroll management.
With personalised service, you will :
● Determine compensation :
Your staff needs to know their net worth within the company.
Payroll helps identify every individual’s total compensation.
DigitalCook payroll management solutions allow you to organise salary, benefits to bonuses, or increments efficiently.
Annual performance evaluations will be easier and rapid.
● Increase morale :
Efficient payroll management reflects your company integrity and transparency. Late payment will compromise your staff performance.
They will be less interested in their job if they feel it is not secured.
Protect your company reputation and keep your employees' morale high with our payroll management.
● Re-allocation of Resources :
A manual job hinders your business performance.
Therefore automation is the first resort to finalise your tasks rapidly and efficiently.
Using technology in payroll is essential since it minimises mistakes and can be performed regularly.
DigitalCook understands that a company has additional resources on a regular base.
These resources need to be saved to maintain payroll accuracy and precision.
DigitalCook customised services allow you to benefit from exclusive payroll management.
With personalised service, you will :
● Determine compensation :
Your staff needs to know their net worth within the company.
Payroll helps identify every individual’s total compensation.
DigitalCook payroll management solutions allow you to organise salary, benefits to bonuses, or increments efficiently.
Annual performance evaluations will be easier and rapid.
● Increase morale :
Efficient payroll management reflects your company integrity and transparency. Late payment will compromise your staff performance.
They will be less interested in their job if they feel it is not secured.
Protect your company reputation and keep your employees' morale high with our payroll management.
● Re-allocation of Resources :
A manual job hinders your business performance.
Therefore automation is the first resort to finalise your tasks rapidly and efficiently.
Using technology in payroll is essential since it minimises mistakes and can be performed regularly.
DigitalCook understands that a company has additional resources on a regular base.
These resources need to be saved to maintain payroll accuracy and precision.
Outsource your payroll processing
Outsourcing services are today's trend. You no longer need to require an employee for a specific task.
Hire the best experts from all over the world and allow them to finalise your tasks per your requests.
Payroll management can be outsourced, as well. It allows experts to manage your payroll.
A payroll service provider works with transparency since it deals with sensitive data, such as employee salary attendance, leaves, reimbursement details, etc.
They earn time and cot off expenses with outsourced services that will compute payroll and take care of statutory compliance.
Outsource your payroll processing
Outsourcing services are today's trend. You no longer need to require an employee for a specific task.
Hire the best experts from all over the world and allow them to finalise your tasks per your requests.
Payroll management can be outsourced, as well. It allows experts to manage your payroll.
A payroll service provider works with transparency since it deals with sensitive data, such as employee salary attendance, leaves, reimbursement details, etc.
They earn time and cot off expenses with outsourced services that will compute payroll and take care of statutory compliance.
Benefit from international expertise and handover the laborious process to expert people.
Such responsibility may include additional calculations that have to be performed, such as retirement plan contributions or child support.
Therefore, payroll management has never been a fixed task that can be done easily.
Apply accuracy with outsourced workforces.
Payroll errors are a costly affair, It affects both employees and employers.
On the one hand, incorrect pay rates lead to staff's resentment and frustration.
On the other hand, a mistake in the state tax deductions will harm the employee’s final paycheck of the year due to a sizeable tax deduction.
Therefore, some companies result in professional payroll management providers.
Benefit from international expertise and handover the laborious process to expert people.
Such responsibility may include additional calculations that have to be performed, such as retirement plan contributions or child support.
Therefore, payroll management has never been a fixed task that can be done easily.
Apply accuracy with outsourced workforces.
Payroll errors are a costly affair, It affects both employees and employers.
On the one hand, incorrect pay rates lead to staff's resentment and frustration.
On the other hand, a mistake in the state tax deductions will harm the employee’s final paycheck of the year due to a sizeable tax deduction.
Therefore, some companies result in professional payroll management providers.
DigitalCook Payroll Services
Chose the right payroll management
Some business owners are aware of their companies needs.
However, it is not always the case for everyone.
If you want to boost your payroll management and you don't know how to start, DigitalCook team will provide you with essential questions that you must answer to identify what kind of payroll service you need.
1 - Are you looking for specific features?
This can include specific characteristics like multiple payment options, garnishment payments, paid-time-off management, workers' compensation administration, unemployment insurance and detailed payroll reports.
DigitalCook Payroll Services
Chose the right payroll management
Some business owners are aware of their companies needs.
However, it is not always the case for everyone.
If you want to boost your payroll management and you don't know how to start, DigitalCook team will provide you with essential questions that you must answer to identify what kind of payroll service you need.
1 - Are you looking for specific features?
This can include specific characteristics like multiple payment options, garnishment payments, paid-time-off management, workers' compensation administration, unemployment insurance and detailed payroll reports.
2 - What is your business' cost-structure?
Define your business needs by understanding your cost structure.
If you tackle payroll on a semimonthly basis, paying per payroll run may be more cost-effective.
However, running payroll services multiple times per month requires a different type of management.
Communicate bets with your provider to reach a better result.
3 - Do you want payroll self-service management?
Some companies seek more personalised services.
If you want your staff to have a self-service payroll where they can log in and view pay stubs, end-of-year tax forms and some payroll reporting features, you need to communicate this to your payroll providers.
There is no doubt that payroll management software and services include more features than we have provided here.
All you have to do is to communicate with your provider for a better result.
2 - What is your business' cost-structure?
Define your business needs by understanding your cost structure.
If you tackle payroll on a semimonthly basis, paying per payroll run may be more cost-effective.
However, running payroll services multiple times per month requires a different type of management.
Communicate bets with your provider to reach a better result.
3 - Do you want payroll self-service management?
Some companies seek more personalised services.
If you want your staff to have a self-service payroll where they can log in and view pay stubs, end-of-year tax forms and some payroll reporting features, you need to communicate this to your payroll providers.
There is no doubt that payroll management software and services include more features than we have provided here.
All you have to do is to communicate with your provider for a better result.
Our Project Approach
DigitalCook is thrilled to assist you with the following services :
Upgrading and improving software :
Optimise your payroll software and overcome any challenge.
Electronic payroll records :
We believe in the force of technology.
Therefore our services allow you to distribute electronic payroll records to all stakeholders for accuracy and integrity.
Customisation :
Every business is unique. Therefore we have created a team of specialist to communicate with you and understand your specific needs. We provide personalised payroll management.
Our Project Approach
DigitalCook is thrilled to assist you with the following services :
Upgrading and improving software :
Optimise your payroll software and overcome any challenge.
Electronic payroll records :
We believe in the force of technology.
Therefore our services allow you to distribute electronic payroll records to all stakeholders for accuracy and integrity.
Customisation :
Every business is unique. Therefore we have created a team of specialist to communicate with you and understand your specific needs. We provide personalised payroll management.
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