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Showing posts from December, 2020

Challenges in payroll processing and how to fix them?

  Payroll processing is an important business function that includes settling of net pay to workers after adjusting the appropriate taxes and other deductions.   It consists of the procedures are taken to pay workers for each period and includes monitoring of working hours, deductions on employees’ compensation, and the remittance of payroll taxes. Creating a sound payroll process can help employees avoid fines for violating the labor laws.   Some of the challenges faced in payroll processing are: 1. Statutory Compliances: Businesses in India have to abide by the legal structure when paying salaries to their staff. This structure consists of four components: ·        TDS (Tax Deducted at Source) - Employers deduct their employees’ taxes and remit them to the government. This tax is applicable when employees’ salary exceeds the basic limit. ·        PF (Provident Fund) - Contribution by employees and e...

Significance of visitor management software over manual paper log books!!!

For any organization, security is the topmost priority and the lobby is the first line of defense. It is essential to keep a bird’s eye view of anyone entering & exiting the premise at any given time. Conventional means of handling visitors are becoming outdated. Physical logbooks and manual processes are eventually being replaced by modern visitor management systems that automate all tedious and repetitive tasks. Let’s take a look at the various advantages of visitor management software over paper logbooks:     Accurate: Visitor's information is reported more appropriately and consistently. It also validates the details of visitors via OTP to make sure the information entered by the visitor is accurate     Pre- Register: This is one of the best advantages of VMS wherein the security need not maintain manual logbooks and re-enter visitor data every time they visit. Just pre-register your guests and send them an automated QR code-based SMS or e-mail invite. T...