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TEAM BVCORP HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

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Page 1: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

TEAM BVCORP

HR, Staffing and Payroll Solutions

Buenaventura Consulting Pvt. Ltd. 1

Where problem meets with its Solution

Page 2: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

Our Mission at Team BVCORP is to provide

“BEST SERVICE” Balanced Advice Effective Communication Secrecy Trust

Satisfaction to Esteemed Clients Enlightenment Relationship Value Based & Value Added Service Integrity Commitment Ethical and Conscientious interaction

2Buenaventura Consulting Pvt. Ltd.

Page 3: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

PAYROLL, A PROGRESSIVE OUTLOOK

payroll is a very demanding and exacting

duty that requires time and expertise

without any direct return on your

investment. Now thousands of business

owners are saving time and money, as well

as avoiding unnecessary hassle, by

outsourcing their payroll to BVCORP

Buenaventura Consulting Pvt. Ltd.

Page 4: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

SIGNIFICANCE OF PAYROLL

• Based pay compensation

• Compliance under Statutory laws

• Complete database of employees at one place and at one tab

• Reducing the expenditure and frees up the valuable resources

• Lower the tax bills

• Data standardization and accuracy across the enterprise

Buenaventura Consulting Pvt. Ltd. 4

Page 5: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

‘‘PAYROLL CONSULTANTS’’WHY?

Complete package for hassle free processing

5Buenaventura Consulting Pvt. Ltd.

Page 6: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

Payroll Solutions has been developed to provide organizations with a total

Payroll Administration Service, allowing them more time to concentrate

on more productive matters.

Payroll Solutions provide the reassurance that the payroll will be efficiently

administered and regularly updated to account for changes in tax and

employee legislation.

Buenaventura Consulting Pvt. Ltd. 6

Page 7: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

PAYROLL SOLUTIONSCHARACTERISTICS

No need to worry about DSS and Inland Revenue inspection visits

Full SSP/SMP entitlement claimed

All new legislation covered

We input from your external documentation

Company sick pay and absence recording

Production and Reconciliation of end of year tax returns

Payslips, management reports

BACS payment

Buenaventura Consulting Pvt. Ltd. 7

Page 8: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

The Company is established in 2009 and managed by the

professionals having expertise in the wide spectrum of areas of

Management & Organization.

We have a division, which focuses and provides Payroll

Solutions with a complete payroll processing system. From the

simple to the very complex, we provide you with

comprehensive solutions to help manage your business better

Buenaventura Consulting Pvt. Ltd. 8

EMERGENCE OF NEW PROFESSIONAL PLATFORM

Page 9: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

SOLUTIONS AT BVCORP

Payroll processing Reimbursement processing Query management/Help Desk Full & Final Settlement Processing Report generation Generation of Form 16 every year Record Retention Statutory reports generation and filing of necessary statutory

returns Preparation of Salary Journal Voucher report

Buenaventura Consulting Pvt. Ltd. 9

Page 10: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

SOLUTIONS, CONTD..

Attendance leave management

Investment proof verification

Back up mechanism DR

Transfer funds to banks

Centralized Emails

Query Management SystemBuenaventura Consulting Pvt. Ltd. 10

Page 11: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

USP OF OUR PAYROLL SERVICES

Complete control over

• salary payout• salary arrears and increments,• reimbursement processing,• claims processing,• income tax processing,• filing of annual and quarterly income tax returns,• filing of quarterly e-TDS,• attendance and leave management,• overtime payment,• investment proof verification,• investment declaration,• SAP and ERP uploads

Buenaventura Consulting Pvt. Ltd. 11

Page 12: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

Income Tax Withholding Records:

• Amount and date of each payment for compensation• Amount of wages subject to withholding in each payment• Amount of withholding tax collected from each payment• Market value and date of noncash compensation• Withholding exemption certificates• Agreements regarding the voluntary withholding of extra cash• Dates and payments to employees for non-business services• Requests for different computation of withholding taxes

Buenaventura Consulting Pvt. Ltd. 12

Page 13: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

USP, CONTD..

Flexible and customizable

The flexibility of the application guarantees multiple processes and currencies

Ably and amply supported by latest technology

Technology assets include exclusive Payroll servers, Process servers, Mail servers,

Web servers and Back up servers

Compatible with almost all ERPs – SAP, Baan, Oracle and even proprietary Tally

SSAE16 compliant, providing additional comfort on risk, systems and controls to

clients and business partner

Buenaventura Consulting Pvt. Ltd. 13

Page 14: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

VALUE ADDITION BY BVCORP

Accurate and consistent payroll processing

Flexibility and ease in the delivery and reporting process

Personalized Customer Engagement to handle all queries just-in-time

Data security offered by our in-house data recovery center that provide real time back

up of client data

The acumen of our payroll experts who are up-to-date with the latest regulations (such

as income tax laws) thus eliminating charges and penalties that arise from inaccurate

calculations.

Outsourcing Payroll Processing primarily helps companies file tax returns on time,

easing the pressure of work, reducing the load and help them get more efficient with

their core business.

Buenaventura Consulting Pvt. Ltd. 14

Page 15: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

15Buenaventura Consulting Pvt. Ltd.

Page 16: HR, Staffing and Payroll Solutions Buenaventura Consulting Pvt. Ltd. 1 Where problem meets with its Solution

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EMERGENCE OF NEW PROFESSIONAL PLATFORM

At

Buenaventura Consulting Pvt. Ltd.

We look forward To have Constructive and Conducive

Interaction & Relationship.

Buenaventura Consulting Pvt. Ltd.

THANK YOU