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Combining timeliness with accuracy, SequelOne promises to deliver risk and error free professional services for your payroll outsourcing needs and help you to focus more on core activities and growing your business. Using integrated state-of-the-art technology, highly skilled team, best practices and focussed approach, SequelOne’s domain expertise and experience helps you stay in compliance and improve efficiency in business.

Choosing the right payroll service provider can make a big difference to your organisation. With the wrong provider, you might find yourself dealing with extra and unnecessary headaches. A payroll provider who isn't familiar with local tax laws and current payroll regulations can cause more problems than they're worth. However, a good payroll service provider can help your business run much more smoothly

As a business owner, payroll manager you need your employees to keep your business moving, and your employees need their pay to be accurate and on time. A payroll provider that can't be relied on can cause problems that will really hurt your business. Pays that are processed accurately and on time will keep your employees happy and your company on track, without the need for you to spend too much time worrying about it.

Finally, look for great customer service in your payroll provider. When you call your payroll provider to ask a question, you should be able to speak to a professional payroll expert that is familiar with the issues that you're calling about, and familiar with your organisation. They should be able to understand your requirements and talk to you in a language that you understand. That kind of personal customer service is essential service provider. Your payroll is an integral function of your organisation, and you need a payroll provider that treats it like the priority that it is.

WHY

SequelOne ?

SequelOne follows the best practises and continuously work towards innovation through technology and Processes. SequelOne is an ISO 9001:2008, ISO 27001:2013 certified and SSAE-16 Type11 compliant for the best data security and process quality standards. Some of the key features in our service delivery is as below:

  • Integrated and Tailored Made solution: Minimum manual intervention in data transfer/sharing thereby enhancing accuracy level and reducing overall processing time. Easily customisable solution considering the client specific requirements.

  • Flexibility: Each business is slightly different in the way it pays its staff. Whether it is in the allowances they offer, the contracts their staff work under or the way they manage overtime. For us this is just "business as normal". We have seen it all before and have a system flexible enough to take all the complexity you can create and turn it into a seamless, reliable payroll processing solution

  • Experienced Account Manager: Every client is assigned with an experienced account Manager who is available 24/7 to ensure the process are error free and timely delivery to all the stakeholders.

  • SOP: During the payroll implementation, discovery session of As-is process is carried out and SOP is well documented and duly signed off.

  • Effective Process Controls: Headcount recon, Variance Analysis with proper justification, Issue Tracker.

  • Quality Team: QC Team audit on periodic basis to identify any gap in terms of process and compliance. Any gaps found shall be investigated and RCA to be done which shall be submitted to the Management.

  • Periodic Review Mechanism: Performance measurement is done through monitoring of SLA in terms of Accuracy and Timelines on monthly basis and signed off.

Main Benefits of Payroll Outsourcing:

Payroll processing by hand is a time-consuming process. Outsourcing payroll allows employers to concentrate on their core business and frees up the business owner, human resources or accounting personnel to work more on strategic tasks that could ultimately affect your bottom line. Regardless of the number of people employed by your business, attending to payroll demands a great deal of time and attention to detail. Those repetitive tasks should not be hours taken away from a key management or owner’s daily productivity.  Outsourcing payroll immediately frees up precious time. Employers only need to make contact with their outsourced payroll specialist by approving time once each pay period.

The direct costs of processing payroll can be greatly reduced by working with a payroll provider as payroll provider works on shared resources and technology.

According to the research, 40 percent of small businesses pay an average penalty for late or incorrect filings and payments. Most payroll services provide a tax guarantee, ensuring that customers will incur no penalties because the providers take responsibility for penalties when they do occur. In many instances, this cost-saving immediately justifies outsourcing payroll.

Manual payroll is a headache in the best case and a nightmare in the worst case. Business owners who outsource payroll eliminate a tiresome source of personal pain.

A constant question for small business owners is whether they have the latest version of their payroll software and the most recent tax tables installed on their computer. Using the wrong tax tables can result in stiff penalties. Outsourcing payroll removes those headaches and keeps payroll running smoothly.

Most business owners and controllers don't have time to keep up with constantly changing regulations, withholding rates, and government forms. By outsourcing payroll, a small business can take advantage of expertise that was previously available only to big companies.

If your bookkeeper or controller gets a new job, they will walk out the door with their knowledge of the payroll process and how you do it. Using an outside service eliminates that business risk.

Payroll processing is a complex and potentially risky business operation. Even with long time trusted employees, there is always a risk of identity theft, embezzlement of funds, or tampering with company files for personal gain. There’s also an evident risk when using in-house payroll software: How safe and secure is payroll data on the company’s server or network? This very real question can consume a business owner’s energy and attention as well. Do you have the time and energy to closely supervise your business’s payroll for time and rate abuses and other unethical activities? Most payroll services have technologies that can spot and alert clients to various types of payroll fraud. Additionally, online payroll solutions offer a “safe haven” for your confidential payroll data. In addition to redundant backup and multiple server locations, a quality payroll provider invests in state-of-the-art systems for storing and protecting data, simply because it’s part of the service provided to clients.

ESS has become one of the most important tools for many businesses. Even the small, 20-person office needs to realize the benefits of using ESS to be more efficient. Many firms do not realize how much time and money they are wasting on manual human resource management tasks until they sit down and inventory their time.  It allows companies to cut costs and offer more information to employees in a faster and more efficient way. Using the right payroll company with an HRIS system allows small to medium sized business access to this platform without having the expense of buying and maintaining it, another large company benefit of outsourcing payroll. Below are some examples of how employees gain access to Payroll related information:

Employees gain access to:

  • Review Pay slips, Tax sheet, Reimbursement Slip
  • Online Bank Account and PAN nos submission
  • Declaration of Income from Previous Employer for mid year Joinees
  • Flexi Benefits Plan submission
  • Submission of Investment Declaration at the beginning of the year.
  • Submission of Online Investment proofs.

Submission of CTC Reimbursement Claims

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