Category: Payroll
Getting the Right Solution to Your Business Needs
Maintaining accurate financial transactions in a streamlined and organized way is essential for the smooth and efficient functioning of the business. It reduces risk, optimizes utilization of the resource, as well as maximizes profit. Accounting plays a pivotal role in business, tracking income and expenditure, and complying with statutory regulations. It also provides crucial information […]
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The importance of Statutory Compliance in an organization
People form the basic foundation of any organization. No organization can function without people. The employees work with all their sincerity to fulfill their respective roles which collectively contribute to the growth of an organization. However, for the smooth functioning of a company, it also needs to have in place proper norms and regulations, and […]
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Effective Ways to Improve Your Month-end Closure
Month-end closure is essential for a business because it impacts the financial decision-making of a company. Closing the books efficiently not only saves time and money but also increases the productivity manifold. However, this can be a challenging task for the finance professionals unless you take steps to improve the month-end closure. Here are some […]
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How Well Equipped Are You To Avoid Payroll Frauds?
Payroll frauds are not exclusive to the big-sized industries; they can happen to your start-up company, as well. The processes of such fraudulent acts might be different. Yet, they can all lead to untold monetary losses for you and your company. And in case you find it hard to manage on your own, the Best accounting […]
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Government’s assistance to fight against COVID-19
Earlier this week, PM Narendra Modi announced a lockdown for 21 days as a measure to curb the spread of this disastrous pandemic, as the number of cases is continuous on a rise. The novel coronavirus has not only affected the health of the entire world but all the sectors of our life. To aid […]
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Evolution of Pay: Remember Pay Cheques?
When it comes to payment methods, we have witnessed many advances ranging from the barter system to digital payments. An explosion of new payment methods becoming available has reshaped how consumers pay for things and have coincided with economic and demographic changes in the global workforce. Since we’ve been digitizing pay and going to online […]
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Finance & Accounting: In-House vs. Outsource
Keeping its accounting function in-house or outsourcing it to a specialist is one of the hardest decisions to make for small business owners. Both these services offer different workflows when managing the finances and accounting for your company. In-house services and accounting might be perfect for some businesses, however, many businesses find outsourcing their financial needs easier […]
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