Paysquare_International_Corporate_Profile_2022_DeliziaHR


Paysquare

Uploaded on Nov 26, 2022

Category Business

Global payroll refers to consolidating all the payroll data streams worldwide into a single place. A unified global payroll system helps standardize data and calculate and process payments in the country's local currency while ensuring compliance with the country's payroll laws. visit us - https://paysquare.com/

Category Business

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Paysquare_International_Corporate_Profile_2022_DeliziaHR

A leader in Payroll Outsourcing Corporate Presentation – CVS Health Paysquare Story Incorporated in Processing 350,000 Data Center and Own Technology Certified for ISAE 3402 (SOC 1 2000. monthly Employee Disaster Recovery platform (IPR & Type 2 (KPMG), ISO 27001 (BSI) HQ – Pune Records across 1200+ Center in India Source Code) GDPR Compliant. Robust ISMS. (MH-India) Clients Globally Few Facts • Exclusive domain of payroll & related activities. Services in 18+ countries. India, UAE, Saudi Arabia, Oman, Qatar, Bahrain, Kenya, Nigeria, South Africa, Congo, Zambia, Uganda, Singapore, Sri-Lanka, Bangladesh, Nepal, USA, UK • Serving several clients for 15+ years. • Robust IT infrastructure. Served all clients during Covid-19 through WFH with accuracy and maintained complete data & process sanctity. • Two processing centres from BCP & Disaster Recovery standpoint. • Launching cloud based, in-house developed “Delizia HR” with significant enhancement and new modules in October 2022. • Insurances for E&O, CGL, WC, Cyber Frauds in place. • Suitable solution for all types of payroll requirement and proven capability to handle complex requirements. • Team of 700+ professionals with 40+ in software & application development What We Offer Payroll End To End master records maintenance, Transaction updation and salary Money Movement processing Salary and Statutory remittance on behalf of client Statutory Compliance Social securities, Tax, Insurance etc. Ccontribution computations, Reporting, Online upload The Workflow HR HR & & FINANCE FINANCE Inputs Outputs Output ESS and CSS Payroll Engine EMP Employee Employee 3rd Party Delizia HR HRMS & Attendance systems Payroll Process Output – Client PAYROLL ENGINE Employer Inputs • Input data upload • • Salary Register • Single click payroll New Joinees engine for pay • Month-wise and YTD Salary Register • Attendance calculation using • Variance Reports – Previous month vs • Master Changes formula driven process current, first cut vs second cut • OneTime • Summary: PT, TDS, PF, ESIC, LWF Payments • Tax Register • Recoveries • Financial JV • F&F Settlements • Manpower Reconciliation • Net Pay Reconciliation • Bank upload file encrypted Employee Inputs Output- Employee • Reimbursement Balances • Loan Balances • • Income Tax • Payslip Location/ Cost center wise summaries • •Tax Computation Sheet Annual proportionate CTCDeclaration • • Reimbursements • Reimbursement Bal eTDS, Form 16 • Year end proofs • CTC Summary • Employee Poll Features of ESS & CSS Portal • It is a 24*7 interactive communication channel for employees and client to access all relevant reports • Login Credentials: Employee can login using mobile number or email address. OTP: two factor authentications to improve data security • Mobile APP • Payments up-dation and tracking • Pre-configured compliance logics & computation (country-wise). • Query management with predefined TAT, FAQs & Polling • Central repository of HR-Employee policies and handbooks • Single sign on with Intranet • Running messages and Newsletter • Admin login (CSS) HR/Finance can access complete master records and 20+ reports for across employees through various filter options. Inbox & Outbox facility • Input and output of data & reports Smooth On-Boarding 1 2 3 4 Deeper Configure and Matching It-up Going Live understanding setup • Understand current • Create company • Concurrent • myPayroll portal processes & Configure in payroll rolled out for client • Gather applications processing admin as well as requirements • Master file set-up • Report matching employees • Create pay logic • Historical data • Training imparted document processing to process owners • SLA freeze 7 Working days 10-15 Working days 7 Working days 2 Working days Payroll Process – Post Migration Remittance and Stage of Payroll Process Pay-slip on the Generation of Portal all Payroll MIS Output including final Validation & output & Payroll Process confirmation Compliances Client in the system Depends on the Input Validation (including scope (Recurring) payroll Payroll Input from compliances ) Paysquare Client(Recurring Payroll Policy (Pay-logic) Client creation, (One- Paysquare time activity). Client Paysquare Paysquare System Integration capabilities • Paysquare has capabilities to write interfaces with client’s HRIS & ERPs in order to fetch the data of new join, increments, resignation etc. (two-way) • With the attendance systems to fetch the punch data • With the accounting system in order to push the financial JV • With where the client wish to hold the salary outputs • With internal Employee Self Services (ESS) systems of the client for transfer of the data such as investment declaration, reimbursements etc • Single sign on – with the intranet of the client so that the employee don’t have to update the URL, Login and passwords Governance Model • Fully Automated computation logics • Maker and Checker concept • Dedicated separate teams for payroll and compliances • SLA tracking & monitoring. Review call with the client on a monthly basis • Advance payroll calendar is generated based on client payroll- cycle & holidays • Backup resources to ensure continuity of services • Senior person in-charge for keeping a track of changes in the legislations. Implementation thereof in the same month in application • Formation of steering committee to control timelines and deviation during the migration and instate senior CRM and AM for continued process welfare Monthly Dashboard • Compliance with regard to the pre-agreed Time & Accuracy SLA. • Analysis of errors, if any. RCA and actions taken to stop the recurrence. • Action items to be planned for next/ future months • Details of the Team handling the account • Legislative changes impacting the client payroll process • Calendar of the next processing cycle • Efficiency report consisting of all queries raised vs feedback of employees Solution for Global Payroll • Paysquare proposes to map the payroll & compliance logic in its existing system for each of the country as per local laws & specifications • System to have capability for handling requirement of processing and reporting. • Take assistance of its partner network with local firms for local compliance, filing and consulting • If needed :- • >Enhance systems as per client specifications Value Propositions International Payroll :- • Time zone advantage. (Paysquare can support working hours as per the global time zones) • Improved TAT with multiple resource deployment • Common reporting formats and website across employees in different countries • Cost advantages compared to local and dispersed solutions. • Insurances to safeguard against errors/omission, frauds, cyber threats • Flexibility to adapt to new practise to suit client’s specific requirement • In house team of software development – can develop new/specific features for clients Others:- • Accuracy, consistency and control to increase payroll efficiency. • Increased data security & confidentiality and reduction in risk. • Knowledge back-up and payroll processing is not impacted by any event. • Centralization of payroll across countries/locations and consolidation of reports across various parameters i.e. processing in local currencies and global reporting in single currency Technology - Overview Complete automation of payroll with web based access to client employees & client admin – ‘My Payroll’ and reliable payroll processing application – ‘Precision’ (Homegrown, IPR and Source Code with Paysquare) Technologies used in New Software (Launch in Oct 2022) Front End - Angular JS l Back End - Java l Database - MS SQL l Mobile App – Flutter, Servers - AWS Compatible Browsers - IE, Mozilla, Chrome, Opera, Safari, including Mobile App on Android and iOS. Current web system is on dedicated server with 2048 bit encryption, portal on 128 bit encryption. Web Servers are hosted in Co-location manner at a Tier-3 Data Centre with Neutonics, IP Sec VPN technology & other robust tools. Integration with HRIS, ERP etc. (SAML & ADFS), SSO Login-creation Data Security, Confidentiality & BCP-DR 1 2 3 4 5 All our employees have Entry in the Only the assigned Complex Limited internet signed NDA. Paysquare processing area employee can access password policy connection, USB drives also signs NDA with only by authorized data of client in place and hard disks disabled clients before we start person using company on individual machines servicing them swipe cards 66 7 8 9 10 Data maintained only on Intrusion Detection Web system is on 500 desks office in Pune Power back up in the server. Individual System (IDS) and firewalls dedicated server and 300 desks in Mysore. terms of DG and terminals have no are installed on servers. with 2048 bit Both sites connected UPS storage capability VAPT performed annually. encryption through VPN They Have Loved Us - Manufacturing They Have Loved Us – Knowledge Industry THANK YOU ! [email protected] www.paysquare.com Regional Head – Sales & Strategic +91 7709086737 Alliances