The Investment Declaration Process is a process for planning investments at the beginning of a financial year. An investment declaration form is to be filled which is a provisional statement that has details about one’s proposed investments and expenses that are income-tax deductible. The next step is to estimate the…

As the number of employees increases in an organization, managing human resources gets more and more complicated. Hiring more HRs to manage employees would just increase your operational costs. Thankfully, there’s a tool that can help streamline your HR related processes: HRMS. …

HRMS Software is a necessary evil for all the business owners. Its very important to know what it odes and how it can help you build your business. This blog will also point out the benefits of HRMS and how it can help improve efficiency and productivity in your workplace. …

Depending on how big or small your company is, managing a huge amount of information for multiple employees is a major responsibility for a Human Resources (HR) Manager. In today’s ever-changing digital world, automating your HR procedures can help you increase efficiency. You may now save up time and space…

Payroll Administration Payroll administration works on looking after the organization and planning of any tasks and to compensate employees for the hours they have worked. This also includes keeping a track on number of hours an employee has worked, rates of pay and managing the payment to the desired employees…

What is Core HR? Core HR is referred to as the umbrella under which all the basic functions of the HR are being summed up, such as the basic data captured about employees and the software used to manage basic HR processes. This software can be typically used in three distinct ways: · To…

In the past few years, Human Resource management industry has redefined in more than one way. From a flexible working model to a holistic approach to employee well being. The year 2022 has added a lot to the transformation in the HR industry. Hence forth here are the few key…

A shared service center is a place within a company where all the tasks related to accounting are carried out. For example: if you have 10 subsidiaries, one service center handles all of their payrolls, customer billings, accounts payable, and so on. …

We rightly know that businesses run because of the values it entails in themselves. Every business is unique and so are its values. Values speak a lot about a company and what kind of environment it provides to its customers as well as for the employees. Any organization’s success depends…