Alt Payroll makes compensation and payroll management as simple as a flick on a mobile. Be it easy data access and verification, compliance readiness, single click processing or access to 500+ pre-formatted configured reports, the product has it all. Not just that, you can access it anytime, anywhere.
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Sustainable growth in the manufacturing sector will remain a challenge Even as the government’s focus on ‘Make in India’ is set to propel the manufacturing sector, corporates across industries are readying to shell out more to their employees. HR experts contend that manufacturing companies could be offering higher salary increases this year.
Every employee knows that payroll teams have the most monotonous or clerical jobs of spending most of their time manually updating all the payroll related details.
Now imagine, one system performing all these functions and is available anytime, anywhere, scalable and user friendly simultaneously. No matter how big or small a business organization is, it needs a customized payroll system on the cloud.
Compensation management is one of the trickiest processes to oversee for any enterprise, because any errors will impact the direct payout to the employee, and the last thing that companies want is – angry employees.
At PeopleStrong, we help you gain maximum traction from your compensation workflow by automating it and assimilating it with all related processes.
Once your organization has conducted an in-depth due diligence for identifying the perfect payroll solution to move to, the real work will actually begin now. Either prepare to be inundated with heaps of technical issues that almost always present themselves during software implementation, or stay ahead of challenges by using the following pointers before you even begin software implementation.
For those of us who are in business, the steady rise in mercury this year is not just because of Indian summer ?. While M&A activities are not new in the Indian Market the temperature rose as we witnessed scorcher of a monumental deal between “Flipkart – the virtuoso of E-commerce”, and Walmart- “”the world’s biggest retailer.
Is your payroll software like an unwieldy piece of furniture- not the most comfortable to use but too heavy to move? Or is it a huge liability to your business?
You cannot hope to run a business successfully if your payroll is riddled with holes. It is what keeps the employees working and the business humming along.
To raise or not to raise?
This is one question which haunts startups in the initial stages. How much equity should they dilute early on? Should they delay raising funding in wait for a better valuation? How should they decide who is the right investor and advisor? How early on should they set up a properly functioning board?
AadeshGoyal Director, Vice President & Global Head of Human Resources, Aricent
Take-off point: A meeting with PankajBansal, an ex-colleague and founder of PeopleStrong, (an HR management and consulting company), who wanted Goyal to join the board (of PeopleStrong).
Angel portfolio: Invested $50,000 (Rs 23 lakh then) in 2006 for a 6 per cent stake in PeopleStrong.