| Outsourcing
Employee Remuneration Management Solutions
Payroll Processing
Acei will administer all elements of the payroll - the client provides
us with payroll related information of their employees.Ace updates
the database, processes the information and ensure that all deliverables
are dispatched by the due date every month.
The “Ace” Advantage:
- Monthly payroll updating and processing of pay slips Administer
comprehensive employee benefits
- Benefit tracking
- Pension processing
- Expat Employee Employment Exemption
- Prospecting
- Understanding client requirements with the use of templates
- Map the clients payroll process
- Send a proposal
- Sign the agreement
- Data Migration
- Two months parallel run
- Process pay slips
- Generate Reports
- File Returns
Disbursal Management:
Ace partners with Foreign and Indian Private banks for
disbursal of salary to employees. Ace will process all Bank related
documents for paying salaries to clients employees. All letters
to the bank will be processed byAce and sent to the client for signature,
by the authorized person.
The “Ace” Advantage:
- Process cheques for employees
- Ensure DDs / MOs reach on time
- Disbursement on National level
- Direct cheque deposit for salary and loans
- Direct payment to credit agencies
Statutory Compliance Support:
Ace will support clients in ensuring that all statutory requirements
for PF, ESIC, Profession Tax and Income Tax are duly complied with.
If required Ace will undertake to register with the respective Statutory
Authorities for this purpose. Ace will also undertake filing of
monthly, quarterly and annual returns and reports with the respective
Authorities.
The “Ace” Advantage:
PF Administering Trusts:
- Formation of Trust for P.F.
- Clearance from Authorities
- Reviewing and administering investment policies of the trust
- Collection of interest
- Monthly reports on the investments
- Administering Labour Welfare Trusts
Record Maintenance:
Ace has the capability to operate either on the client's software
or utilize sophisticated indigenous software.Ace leverages on technology
to offer a flexible methodology to suit client's requirements. Ace
offers to use the client's software, if it serves the requirements
of the company.
The “Ace” Advantage:
- Attendance Records through swipe machines
- Leave records - with monthly updates
- Leave encashment records
- Overtime records
- Loan records
Other additional services:
-Attendance Records through swipe machines
-Leave records - with monthly updates
-Leave encashment records
-Overtime records
-Loan records
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