As the government of India focuses on revolutionary concepts such as Make in India, there is a remarkable increase in the number of startup companies. More and more people are coming forward with brilliant business ideas. It is needless to say that starting a new business is pretty challenging task today. Incredible cost pressures and cutthroat competition force the budding entrepreneurs to think about optimized methods of operation management. Mrs. Ranjana Vaidya, CEO of Remunance talks about the need of Leave and Attendance outsourcing for startup companies. She was addressing to the budding entrepreneurs in a seminar recently. Remunance is a leading company in the niche.
Mrs. Ranjana Vaidya emphasized that seeking assistance for payroll outsourcing is the upcoming trend across the globe. Nobody wants to take the unnecessary burden of managing routine work of payroll processing.
“When you run a business, the utmost priority is profitability. It becomes further critical for people like you who are young entrepreneurs who want to get established in the business by launching innovative startup companies. Since the competition is cutthroat and only outstanding performers have the chance to win, it is critically important to shed operational burdens.”
“When you outsource the operational responsibilities to a company such as Remunance, you get the best Attendance Management System. Right from managing employee details to leave management and statutory reports to compliance, everything is taken care of in a professional and perfect manner. When you are busy in exploring new opportunities to reach the top, we handle the things for you smoothly and accurately.” He adds.
Not only efficient attendance management, the whole list of benefits is there
“People expect the best value for money when they outsource an operational task to an outsourcing partner. When a seasoned service provider such as Remunance manages it, we work on the minute details of your operations. It results in a perfect system available at competitive rates. We make sure that it doesn’t put the unnecessary burden on the bottom line of your business which is already under tremendous stress.”
“Being a startup owner, you want to have a grip on the operations. For large companies, it is feasible to have a big in-house HR Team to take care of operational and developmental tasks. When you operate with thin profit margins, it is always better to outsource the things. Assign the task to an outsourcing partner and focus on your core business area.
Full-fledged outsourcing or handing over attendance management, the choice is yours
“We offer the whole spectrum of choices; from attendance management outsourcing to complete payroll process outsourcing. It depends on your choice and preference. At Remunance, we have all varieties of clients. A few clients want us to process their leave and attendance, and rest of the work is done by them in-house. Some offer turnkey projects for total payroll processing including statutory reporting and MIS generation. Obviously, investment differs in each case. Hence, you need to calculate the feasibility before making the decision.” He concludes.
Startup companies are small companies with minimal investment and human resource requirement. Since they operate on small profit margins, it is feasible to outsource mundane tasks instead of appointing in-house resources. Remunance offers cost-friendly attendance management software to a wide spectrum of clients. Their services are feasible, useful and versatile.