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About

Who we are

Paydox offer your business exceptional value by providing comprehensive and reliable HR administrative services that combine innovation and common sense.

What we do

Integrated & Automated Business Administrative Services : Payroll, Statutory Compliance, HRMS through an online ERP.

How it is done

Access our services through online that can help to enhance the productivity and effectiveness of your business.

Features

Payroll process

Payroll process
Leave account management
Muster roll management
Process bonus
Generate Reports
HRMS

Statutory compliance

EPF returns
ESI returns
Wage Protection Data processing
Generate Statutory Registers & Returns
All other regulatory Compliances

Legal assistance

Assistance under Labour laws
Compliance due info
Legal representations
HR advice
Statutory Audit
Other legal consultations


Tax process

Advance Tax deductions
Yearly tax settlements
Income Tax statements
Professional Tax statements

Prerequisite documentations

Completion of relevant documentation that are prerequisites for obtaining various sanctions

Data warehousing

Integrating data from multiple sources
Analytical reporting
Decision making
Periodical backups
Custom Reports

Advantage

Technology & Security

Receipts & process of inputs are done through an automated application environment ERP exclusively developed. Data will be stored in a secured server and provide periodical backups to their clients.

Accuracy

99.9% data accuracy will be attained by a fool proof validation system provided in the application.

Reliability

Paydox solutions is backed by technical & legal professionals with advanced office automation concepts.

Manual Process Analysis

Tax & Filings

40 % of businesses pay an avg. penalty of $1000 per year for late or incorrect statutory filings and payments and it can be reduced in automated processes.

Direct Deposit

Direct deposit is difficult if a company doesn't use an outside automated payroll service. Direct deposit is a must to implement Wage Protection System WPS introduced by the State.

Technology & Walk outs

Results in stiff penalties if you don’t have a latest ver. of your software to keep up with the changes in regulations & if your controller gets a new job, he will walkout the door with his knowledge.


pros and cons of manuel compliance

Technicals

Reduce business administrative overheads


Administrative overhead costs are the costs incurred for payroll expenses of employees, wages ......

Avoid statutory compliance headache


Eventhough your manager or controller is aware of statutory compliance under various legislation ......

Direct deposit & Wage Protection System hassle


Direct deposit plays a key role in wage protection system (WPS). Direct deposit is a deposit of money by a payer directly into ......

Reduce business administrative overheads


Before you start thinking of reducing administrative overheads in business, let us see what they are.

Administrative overheads are the costs which are not involved in the production of goods or service. Administrative overhead costs are the costs incurred for payroll expenses of employees, wages of casual workers, commissions, office equipments, legal and audit fees, research, development and statutory compliance.

Businesses having 20 or more employees usually spend an average salary of Rs. 4.50 lakhs or more per year for managing payroll and other statutory compliances according to the current minimum wages rates published by respective states of India. These costs can be reduced by outsourcing payroll and other compliances for an affordable price.

Avoid Statutory Compliance Headache


Eventhough your manager or controller is aware of statutory compliance under various legislation, it is very difficult to follow or aware of periodical changes in regulagions like minimum wages, shops and commercial establishment, factories, national and festival holidays, payment of wages etc made by Government in a timely manner.

It is also hard to overcome the situation when your controller leave your establishment for good with their knowledge and it is undestood that an average 40% of business establishments pay penalties for late or incorrect filing.

We can overcome these issues by outsourcing payroll process and other statutory compliance.

Direct deposit & Wage Protection System hassle


Direct deposit plays a key role in wage protection system. Direct deposit is a deposit of money by a payer directly into a payee’s bank account.

Wage Protection System (WPS) is a measure to safeguard the payment of wages of workers via direct deposit. In WPS, the payment of salary in private institutions will be made mandatory through bank accounts. WPS is an online monitoring system introduced by the State Labour Department, Kerala to ensure the payment of salary of workers in private sectors are not below the minimum wages prescribed. This will enhance the ability of Government to lessen labour disputes relating to wages and it will guard as a solution for employers against keeping large amount of cash at work places. Direct deposit is difficult if a company doesn't use an online payroll service. We can overcome these hassles by outsourcing payroll and other statutory compliance.

Download & View

Consumer Price Index


Cpi is originally published by Department of Economics & Statistics, Govt of Kerala.


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Consumer Price Index


Download State wide CPI     Updated 05/03/2020


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Clients

Some of our clients

const

construction

asset homes

chaithanya granites

elect

electronics

kalinga distributors

tony enterprises

hmapl

home appliances

pittapillil agencies

food

foods

meriiboy icecreams

hosp

hospitality

ginger hotels

paragon hotels

helt

health

maverick fitness

hospit

hospitals

super

supermarkets

Let’s Discuss

Feel free to contact us

Office location

Palarivattom, Behind Holiday Inn,

Kaniyapilly Road, NH47 Bypass, Cochin, Kerala, India.

(484) 2806212.

Say hello!