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TEAM BVCORP
HR, Staffing and Payroll Solutions
Buenaventura Consulting Pvt. Ltd. 1
Where problem meets with its Solution
Our Mission at Team BVCORP is to provide
“BEST SERVICE” Balanced Advice Effective Communication Secrecy Trust
Satisfaction to Esteemed Clients Enlightenment Relationship Value Based & Value Added Service Integrity Commitment Ethical and Conscientious interaction
2Buenaventura Consulting Pvt. Ltd.
PAYROLL, A PROGRESSIVE OUTLOOK
payroll is a very demanding and exacting
duty that requires time and expertise
without any direct return on your
investment. Now thousands of business
owners are saving time and money, as well
as avoiding unnecessary hassle, by
outsourcing their payroll to BVCORP
Buenaventura Consulting Pvt. Ltd.
SIGNIFICANCE OF PAYROLL
• Based pay compensation
• Compliance under Statutory laws
• Complete database of employees at one place and at one tab
• Reducing the expenditure and frees up the valuable resources
• Lower the tax bills
• Data standardization and accuracy across the enterprise
Buenaventura Consulting Pvt. Ltd. 4
‘‘PAYROLL CONSULTANTS’’WHY?
Complete package for hassle free processing
5Buenaventura Consulting Pvt. Ltd.
Payroll Solutions has been developed to provide organizations with a total
Payroll Administration Service, allowing them more time to concentrate
on more productive matters.
Payroll Solutions provide the reassurance that the payroll will be efficiently
administered and regularly updated to account for changes in tax and
employee legislation.
Buenaventura Consulting Pvt. Ltd. 6
PAYROLL SOLUTIONSCHARACTERISTICS
No need to worry about DSS and Inland Revenue inspection visits
Full SSP/SMP entitlement claimed
All new legislation covered
We input from your external documentation
Company sick pay and absence recording
Production and Reconciliation of end of year tax returns
Payslips, management reports
BACS payment
Buenaventura Consulting Pvt. Ltd. 7
The Company is established in 2009 and managed by the
professionals having expertise in the wide spectrum of areas of
Management & Organization.
We have a division, which focuses and provides Payroll
Solutions with a complete payroll processing system. From the
simple to the very complex, we provide you with
comprehensive solutions to help manage your business better
Buenaventura Consulting Pvt. Ltd. 8
EMERGENCE OF NEW PROFESSIONAL PLATFORM
SOLUTIONS AT BVCORP
Payroll processing Reimbursement processing Query management/Help Desk Full & Final Settlement Processing Report generation Generation of Form 16 every year Record Retention Statutory reports generation and filing of necessary statutory
returns Preparation of Salary Journal Voucher report
Buenaventura Consulting Pvt. Ltd. 9
SOLUTIONS, CONTD..
Attendance leave management
Investment proof verification
Back up mechanism DR
Transfer funds to banks
Centralized Emails
Query Management SystemBuenaventura Consulting Pvt. Ltd. 10
USP OF OUR PAYROLL SERVICES
Complete control over
• salary payout• salary arrears and increments,• reimbursement processing,• claims processing,• income tax processing,• filing of annual and quarterly income tax returns,• filing of quarterly e-TDS,• attendance and leave management,• overtime payment,• investment proof verification,• investment declaration,• SAP and ERP uploads
Buenaventura Consulting Pvt. Ltd. 11
Income Tax Withholding Records:
• Amount and date of each payment for compensation• Amount of wages subject to withholding in each payment• Amount of withholding tax collected from each payment• Market value and date of noncash compensation• Withholding exemption certificates• Agreements regarding the voluntary withholding of extra cash• Dates and payments to employees for non-business services• Requests for different computation of withholding taxes
Buenaventura Consulting Pvt. Ltd. 12
USP, CONTD..
Flexible and customizable
The flexibility of the application guarantees multiple processes and currencies
Ably and amply supported by latest technology
Technology assets include exclusive Payroll servers, Process servers, Mail servers,
Web servers and Back up servers
Compatible with almost all ERPs – SAP, Baan, Oracle and even proprietary Tally
SSAE16 compliant, providing additional comfort on risk, systems and controls to
clients and business partner
Buenaventura Consulting Pvt. Ltd. 13
VALUE ADDITION BY BVCORP
Accurate and consistent payroll processing
Flexibility and ease in the delivery and reporting process
Personalized Customer Engagement to handle all queries just-in-time
Data security offered by our in-house data recovery center that provide real time back
up of client data
The acumen of our payroll experts who are up-to-date with the latest regulations (such
as income tax laws) thus eliminating charges and penalties that arise from inaccurate
calculations.
Outsourcing Payroll Processing primarily helps companies file tax returns on time,
easing the pressure of work, reducing the load and help them get more efficient with
their core business.
Buenaventura Consulting Pvt. Ltd. 14
15Buenaventura Consulting Pvt. Ltd.
16
EMERGENCE OF NEW PROFESSIONAL PLATFORM
At
Buenaventura Consulting Pvt. Ltd.
We look forward To have Constructive and Conducive
Interaction & Relationship.
Buenaventura Consulting Pvt. Ltd.
THANK YOU