Payroll Processing Outsourcing
Payroll Processing Services
The payroll process itself is basic but the labor laws affecting payroll are complex and vary by state, and, at times, by city and additional factors like reimbursements, loan advances, leave considerations, varied salary structures etc. needs a highly integrated payroll solution, which is robust as well as scalable. One of many employer responsibilities is to make state, federal, and local tax and other payments to agencies such as income, social security, and Medicare taxes on behalf of employees. It’s challenging to manage payroll records and keep track of labor laws without any help. Here’s when our experts come in picture to manage those complexities, ensure labor law compliance and avoid significant penalties. Save time and money, with simple, fast and hassle-free Payroll outsourcing from FuturePro Global. Combining reliability with accuracy, we promise to deliver a risk-free solution to your payroll outsourcing needs. We can manage your payroll at a lower cost per employee than your own in-house payroll department. When you use our payroll services, we act as your payroll department and scale to fit with your particular business needs. Our payroll services and payroll management suits small businesses too, that do not have an in-house facility. By outsourcing your payroll you can avoid costly specialist staff. Instead you have cost effective access to our experts and knowledge base only when you need it.
Our payroll services include:
- Processing payroll input
- Managing statutory compliance
- Payroll Sheet and Paycheck Creation
- Employee insurance deductions
- Federal and State Dues (Taxes) calculations and check creation
- Form 940 – Annually
- Form 941 – Quarterly
- Preparing W2 and W4
There is a considerable amount of cost reduction, and time savings by outsourced services. As an outsourced accounting & bookkeeping and tax services provider, we take off the major weight from your shoulders. Our outsourcing services not only save your cost but also enhance the accuracy of underlying financial records and provide valuable real time reporting. Our qualified accountant team helps you to save time so that you can focus more on growing your business.
While it all started as a cost-cutting initiative, India has emerged as a reliable and sustainable partner in working for a lot of accounting and bookkeeping firms in the US, UK and across the globe. Accountants and companies tend to outsource accounting and taxation services to India
- to gain operational efficiency
- to have access to the best technology and infrastructure
- to gain access to a huge, tech-driven talent pool that could turn around work in a short time span with utmost accuracy
Outsourcing is not a new concept. It is basically a long-term synergy, benefiting accountants and companies with additional professional expertise without substantially increasing the cost. We aim to make it a smooth ride for you with our 4 easy steps: Establish Contact with an enquiry form, our analyst will complete requirement analysis, pricing model will be discussed, contract formalities will be taken care of and project will initiate after SLA sign off. For project execution & management our team is available to you with 3 different secure modes best suitable to you, online process, remote process or offline process. You can always get in touch with us for any urgent assistance.
We are efficient with majorly all accounting, tax and payroll software applications. Our experience and adaptability allow us to explore new technologies as per business need within very short time frames. Some of the major software applications we use include: Sage, QuickBooks, IRIS, Odoo, CCH, MYOB, Drake, Fresh books, VT Software, Xero, Thomson Reuters, TaxCalc, FreeAgent, Wave and Moneysoft. However, we are always open to support the existing accounting software used by our clients.