Business Process Outsourcing

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Business Process Outsourcing

In today’s world, every business person needs to concentrate on business processes and the return on investment. In today’s scenario of globalisation and technology convergence, the way of doing business has been reconceptualised. Outsourcing of various operations of the business makes sense to most of the people.

 

Outsourcing enables the business to concentrate on core business areas and use the workforce for more critical functions. It reduces the cost of fixed asset investments for the concern, and at the same time, the expert services are made available on a real-time basis.

 

At Signior, we provide outsourcing services to support the client by setting up compliance and controls, equalising expenditure and growth, cutting down the cash cycle and increasing the return on their investment in the business. The size of the organisation doesn’t make a difference for us. We value every client, and they are equally crucial for us. We always endeavour to serve our clients most efficiently.

List of the outsourcing services provided by us goes as follows:

A) Accounting and Bookkeeping Services:

Book-keeping Services are our expertise here at Signior. As we know that for Small Business Entrepreneur, usually is involved in its business and does not get enough time to maintain daily records of finances, raising invoices, and pay taxes on a time-bound basis.

 

Our Small Business Accounting services come with personalised accounting, book-keeping, tax preparations, employees’ payroll and financial reporting services intended to fulfil their requirements.

 

Here at Signior, our prime intention is to provide hassle-free, simplified services through our qualified professional experts. We are a team of an experienced and energetic group of skilled and trained people who provide quality work and value the objective of our every small business dealer to preserve the resources, and scale down the tax obligations and keep their business running seamlessly.

 

We provide technical accounting support for our clients, helping them to be prepared for the audits. The accounting assignments are conducted as per the applicable legal framework. By outsourcing the services to us you can minimise your staff, consequently lowering payroll and it will be cost-effective too.

 

You don’t need to install the software and computer making files and setting one full-fledged separate department. Your business will be handled by the team of skilled professionals who can assure that your business is in safe hands.

 

Our Services for the Small Businessman are as below:
  • Accounting System Design & Implementation
  • Accounting Set up for Start-up’s
  • Income Statements / Profit and Loss Statements
  • Balance Sheets
  • Financial Reports
  • Employees Payroll
  • Preparing Closing Entries
  • Monthly, Quarterly, Yearly review
  • Financial Analysis
  • Bank Reconciliation
  • Inventory Management
  • Payables and Receivables Management
  • Revenue reconciliation with bank deposits
  • Expenses Classification
  • Sales and Tax Filing
  • Handling Legal Documents and Compliances
  • Audit Support
  • Fixed Asset Management
  • Cash Flow and Budgeting
  • Depreciation calculations and schedules

B) Payroll Processing Services

Every business has to process the monthly salary of its employees in an accurate and timely manner. Managing Complete Payroll processing, in addition to core business routine, can become a tedious job and often results in payroll issues and employee dissatisfaction.

 

Outsourcing Payroll Management services to Signior can assure our clients perfect and payroll processing with less time and more accuracy. We, in our Office, with the help of a trained and qualified team can handle various issues like leaves, reimbursements, loans and advances of employees, and statutory tax compliances of employees.

 

Signior has a specialisation in Payroll processing for small business associates. We have experience of several years in payroll processing through a well-structured manner according to the changing Indian Laws. We provide reliable and continuous services. We also can handle various tax authorities concerned with labour welfare.

 

Following is what we offer in Payroll Processing Services:
  • Paycheck and Payroll Sheet Creation
  • Online salary disbursements
  • Computation and deposit of TDS, PF, ESI and other taxes.
  • Employee wise Paymaster
  • Employee Joining and leaving Full and Final
  • Annual Quarterly and Monthly review
  • PF, ESIC, Gratuity, Leave Encashment, etc. related other compliance
  • Maintenance of Pay Register
  • Year-End Process of Collection and vetting of Investment proof
  • Deduction calculations as per applicable laws
  • Issuance of Form-16 to employees
  • Reconciliation of books of accounts vis-a-vis payments/deductions periodically

C) Other Outsourcings

  • Human Resource Outsourcing.
  • Offshoring business processes.
  • SOPs Preparation & Reviews.
  • Education & Learning solutions for up-to-date knowledge of clients.
  • Secretarial Compliances and other MCA related services.

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