A robust payroll management system that accommodates businesses of any size, anywhere
Technova Global offers end-to-end payroll processing solutions for employees. We manage employees’ salaries and compensation packages, ensuring timely compliance with various legislations following the respective laws and handling tax and statutory compliances.
We provide HR and payroll management solutions across all industry sectors. Be it BFSI, FMCG, Manufacturing, Telecom, Entertainment, or E-commerce. Our payroll system gives you numerous flexible options like computing variable pay, complex pay structures, multiple salary revisions, and support in most bank formats. We currently generate over 1 lakh payslips every month.
Our Payroll Services
Technova offers a wide range of payroll services that can help you save costs and increase your efficiency. Following are the service offerings that we provide, this can help you determine which is the right service for you.
Full-service payroll outsourcing
This is the most extensive category of payroll outsourcing. Under this service, payroll providers handle all parts of payroll from calculating and withholding taxes to processing employee deductions and issuing paychecks. This also includes compliance, payroll audits, and reporting (employment taxes, YOY forms, etc.).
Partial Payroll Outsourcing
Consider this service as a combination of full-service and self-service payroll outsourcing. Under this service, some aspects are taken care of by the payroll provider, and other aspects are handled by the client. This is a viable option for those companies who wish to avail of payroll processing but still want to have control over certain elements of the overall payroll process such as entering employee details and processing the payroll.
Virtual Payroll Outsourcing
As the name implies, this type of service is best suited for businesses that have employees working remotely or a decentralized workforce. This type of service is mainly cost-effective as businesses only pay for the particular service that they are availing for a specific number of people. With virtual payroll, the payroll provider handles all aspects of payroll administration, including compliance and tax-related tasks.
Self-Service Payroll Outsourcing
Using this service, businesses gain access to a suitable platform where they can enter employee details, process the payroll, and access reports. While compliance and reporting are handled by the payroll provider, businesses are given an open hand to input the requisite employee information and process the payroll.
International payroll outsourcing
Mainly designed for international companies with a presence in more than one country, under this payroll outsourcing, the payroll provider takes care of all the parts of payroll processing of full-time payroll outsourcing, the difference is that it also takes care of local as well as international compliance.
Payroll Reporting & Analytics
We provide businesses with detailed insights into payroll data, helping monitor labor costs, ensure tax compliance, and optimize compensation strategies. With custom reports, real-time data, and trend analysis, we empower organizations to make informed decisions, forecast expenses, and improve financial planning. Our solutions are designed to streamline payroll operations, minimize errors, and provide a clear view of workforce expenditures to drive business growth.
Why choose Technova Global?
Payroll Reporting and Analytics
Gain insights into payroll trends and workforce expenses. Our reporting tools provide comprehensive analytics to inform strategic decisions.
Compliance and Regulatory Management
Navigate complex labor laws and industry standards with confidence. We stay up-to-date with ever-changing regulations to keep your business compliant.
Employee Self-Service Portal
Offer employees easy access to pay stubs, tax forms, and benefit information through our secure, user-friendly portal. This enhances transparency and reduces administrative burden.
Robust Data Security
Our teams ensure robust security measures to safeguard sensitive employee data. Data security is critical in today’s modern and adverse times and we have the right security measures in place to protect employees from identity theft and other forms of fraud. This includes data encryption, access controls, and regular security audits.
Time and Attendance Integration
Integrate time-tracking systems seamlessly for enhanced accuracy in payroll processing. We leverage advanced tools to minimize errors and improve productivity.
Employee Benefits Administration
Simplify benefits management, including health insurance, retirement plans, and more. We streamline the enrollment process and manage employee contributions efficiently.
Tax Compliance and Reporting
Stay compliant with local, state, and federal tax laws. Our payroll experts handle tax calculations, filings, and year-end reporting, mitigating risks and penalties.
Accurate and Timely Payroll Processing
Ensure precise payroll calculations with our reliable, technology-driven systems. We manage everything from salary disbursements to bonuses, ensuring timely payments that comply with regulations.
Partnering with Technova Global for your payroll management needs ensures streamlined operations, compliance with complex regulations, and enhanced employee satisfaction. We take care of the intricacies of payroll so that you can focus on driving your core business forward. By leveraging advanced technology and our team of experts, we deliver efficiency, accuracy, and peace of mind. Let us handle the details, so your organization can operate smoothly and confidently.