Wednesday 27 November 2013

Payroll | Payroll Management | Payroll Outsourcing | Payroll Services

This is the era for every Business of filtering between core services and non-core services. Though we all have the ability to undertake each and every aspect of our service line into core services, but it is best fulfilled and justified by the subject matter expert (SME). Payroll processing function is one function, which is not only monotonous and cumbersome; it is also highly error-prone and expects highest level of user satisfaction levels, unless handled by experts. Outsourcing payroll functions is the most affordable solution and adaptable to the needs of every business.

IRIS-Corp extends professional Payroll Management services which are reliable, secure, efficiently managed and crafted to suit the needs of every business. We understand the complexity of requirements and the demands that efficient payroll management calls for. Payroll outsourcing services have become an integral part of all medium and big businesses. IRIS-Corp deploys accredited payroll software since we understand the profundity of the function.

Our technology enabled i-HRCMS (a home grown proprietary HRMS) is a customized in-house software module with 24 X 7 access to a centralized Help desk services (Voice, email Chart based) and the payroll process to take care of the salary, reimbursements, salary slips, tax, loans, leave, medical, insurance and HR Compliances of the employees at the large scale.

Iris-Corp provides end-to-end managed payroll services like

. Consolidated Payroll inputs
. Payroll Process and
. Statutory HR compliances to its customers.
Iris-Corp’s Key deliverables in Payroll Outsourcing Services consists of 4 parts :
One time activities :
- salary and benefit structuring
- Data migration
- setting up rules and employee masters
- Dry and parallel runs
Recurring Activities :
- Payroll Processing
- Payslips
- Statutory/ HR Compliances Reports and Submissions
- Client and employee query management
Annual activities :
- IT computation
- Receipt and verification of declaration and proofs
- Form 16 and Form 25
Reports and MIS :
- Pay registers
- Leave Reports
- Bank advice reports
- IT reports etc.
IRIS-Corp assures you consistency, peace of mind and a full range of Payroll & HR Compliances Outsourcing Services.

HR Shared Services : The entire HR operations as a Service

The rapidly changing business dynamics continue to pose a challenge before organizations 
to transform themselves and adapt to the new realities. While HR transformation is also a 
consequence of such dynamics, the benefits of transforming the way talent is hired, 
managed and utilized, is emerging to be a strategic differentiator in itself. 

Now most of the organizations trying to focus on their core business sector and they intend 
to outsource their another important aspect i.e. HR issues. Organizations are looking for one 
stop solution partner for every kind of HR needs. The first one would be People supply 
chain management. Under this umbrella companies are looking apart from plain vanilla 
hiring services or staffing services, “Source, Train & Deploy” model. Companies looking for 
service providers who can provide pre-hire assessment which is scientifically proven test 
and helps reduce the number of interviews required per opening.

The next dependency is HR Shared Services. Under this umbrella a company can outsource 
the entire HR operations as a service. It includes right from the entry of an employee till his 
exit, every HR aspect can be outsourced. If the pre & post joining formalities, on boarding 
document management system, Helpdesk, Payroll Management, Compliance & Risk 
Management, Exit Management can be outsourced to a trusted partner then any company 
can focus on their core business only.

Now the HR is actively moving from delivery of routine services to strategic services. The 
elements impacting business and HR include, changing customer needs, new governance 
requirements, change in demographics and dynamics of talent, rapid evolution of 
technology and increasing importance of organizational culture for a sustainable business 
advantage. If a partner like Iris-Corp takes care of all these responsibilities then your 
business function will be smooth. Iris-Corp not only handle clients in all sectors but also 
provide customized HR Shared Services according to their need...Says Miti Sinha, Head 

Monday 25 November 2013

RPO services – Critical for businesses : make the right choice, fulfill your strategic needs & choose your RPO service provider judiciously ....a discussion by Archana

Having access to a full suite of talent management services gives businesses 
the extra leverage needed to be competitive and remain a step ahead of its 
competitors. Service providers possessing advanced sourcing and 
assessment techniques give the cutting edge businesses are looking for. RPO 
service providers are expected to bring about a discernible change in a 
company’s business outcome. Successful companies have devised innovative 
ways of sourcing and strategically managing human talent. Recruiting costs 
can be prohibitively high if companies saddle their HR section with the 
responsibility of going to the market, looking for human talent every time a 
vacancy arises. The pressure to optimize your talent supply chain is immense 
and is best handled by experts. 

Making the right choice
Recruitment processes transferred to external sources translates into lower 
costs, better choice of candidates and the comfort of having a best fit solution 
with minimal effort. Your business also gets the option of fulfilling its need for 
contingent or short term staffing requirements. Just make sure that you partner 
with a firm which has experience delivering solutions across the range of 
possibilities. Go for a company which has tomorrow’s technology, time-tested 
methodologies and consistent reporting in placeIt has been experienced that 
availing fully outsourced RPO services is always a wiser option as compared 
to dealing with all related issues piecemeal. Engaging an outsourced provider 
for a specific period of time to complete a start-to-finish recruitment project 
sounds good but having at your beck and call someone who can accomplish 
this and much more is what businesses really need. In the bargain you get 
complete talent sourcing and placement facilities, reference and background 
checking, technology selection, configuration and management. You also get 
the benefit of scalability and flexibility. Having the ability to hire suitable people 
faster and reducing down time can substantially help productivity and lead to 
better results.

Fulfilling strategic needs
Reputed RPO service providers have proprietary processes and strategic 
assessment tools that ensure the selection of the best fit candidate that fits 
into your organizational culture.  Transparency in recruitment lends comfort 
to any business which seeks to build a performing team which delivers results.  
While greater operational cost efficiency in an organization is imperative, it 
should not give way to uncoordinated multitude of practices. In other words, 
your HR cell and your recruiter should not pull in different directions. 

Choosing judiciously
Firms which are looking at fulfillment of their strategic recruitment and operational 
needs have to ensure that the recruiter with which they align their bandwagon 
has both the technical competency and culture fit required to recruit effectively for 
the organization. Make sure that your company adopts practices that lead to 
increased efficiency and satisfaction with the recruitment lifecycle, while reducing 
your hiring and training costs. Reputed RPO service provider like Iris-Corp 
has a pool of skilled professionals and sourcing channels that gives you a choice 
to form your own team. So make the right choice, fulfill your strategic needs & 
choose your RPO service provider judiciously to progress in your core areas....

Friday 15 November 2013

HR outsourcing services - contributing to your business success

Anything which eases the burden and allows the HR section of a company to 
focus on human capital is surely going to benefit the business outcome. Tasks 
which take up much of your time but do not add value to your marketability 
should be left to third parties. HR outsourcing agenciesprovide competent 
support while taking excess baggage off your back, allowing you to breathe 
more comfortably and devote your undivided attention to activities which fetch 
higher value for your business. 

Restructuring processes
HR outsourcing should be viewed as a roadmap to transformation.  It improves 
capabilities by integrating new technologies that could bring cost savings and 
business benefits. Comprehensive outsourcing solutions ensure access to the 
latest capabilities that will improve service and reduce costs. The company 
which leads in providing a full range of HR outsourcing solutions is Iris-Corp. 
Our tailor made seamless processes have given businesses more options and 
leverage in the human resources outsourcing market. Entering into a strategic 
partnership with us assures best-in-class services, reduction in the number of 
redundant processes, streamlining of HR operations and aggressive 
restructuring of the entire HR processes. 

Supportive service
IRIS-Corp simplifies the complexity of moving to a next-generation solution and 
delivers better service and more capabilities at lower costs. Our company works 
with you to plan, develop and then implement relevant and appropriate human 
resource capabilities within your organization. We are equipped with senior HR 
consultants with expertise in areas that your organization may not possess. Our 
range of services includes, but is not limited to leave management, learning and 
development of staff, performance of staff, payroll, recruiting, health and welfare, 
defined benefit plans, legal compliances and managing a staff interactive portal. 
Just imagine how much manpower you would have to deploy to take care of all 
these functions, and many more. 

Making a difference
IRIS-Corp provides you access to improved HR IT systems without capital outlay. 
Your company gets speedy and expert response to your HR problems resulting 
in improved people management and cost effective operations. HR management 
services help your company to reach greater levels of efficiency laying the 
foundation for successful working relationships with clients and employees. 
IRIS-Corp can be an important contributor to the success of your business....says 

Monday 11 November 2013

Talent Management Company- promising measurable outcomes

HR service providers having a developmental rather than an elitist approach are the ones who make the best Talent Management Companies. Crafting together a team and retaining the best talent are crucial to a company’s business outcome. Success comes from the ability of companies to maximize employee satisfaction and unleash their employees’ energy. Talent management processes must include a transparent culture in which knowledge is shared fast and easily and all parties are included in the HR process.

Strategic impact
Talent Management Solutions crafted by IRIS CORPORATE SOLUTIONS PRIVATE LIMITED are creating immense value at some of the most reputed companies. Being strategy driven, we seek to enhance the core competencies and strengths of our individual companies and brands. Our strategies have a real impact on organizational performance resulting in higher corporate profit and increased corporate attractiveness. Businesses which have reposed their trust in IRIS-CORP have experienced the dynamics and impact of our solutions. Our USP is our clarity of purpose and an equally clear understanding of the overall scope and goals of talent management.

Keeping pace with the times
The advantages of bonding with IRIS-CORP are manifold. Besides diminishing the time for new hiring and finding replacements, companies are able to satiate their quest for the right people with the right competencies at the point at time when they are most needed. The ever-changing business environment and cross-border alliances make it necessary to make strategic adjustments and have a relook at your team. Attracting the right talent is a difficult proposition. IRIS-CORP makes the needed changes in hiring processes which would draw the most suitable people to your company. We are experts in implementing the processes for analyzing and optimizing the talent management system.

Aligned with business goals
The relationship between effective talent management and organizational performance is now universally recognized. That is why it is worth your while to invest in a company like IRIS-CORP which outscores others in delivering and managing best-fit human talent. Not only do we create a lasting impact on employee engagement, we ensure a sustainable strong corporate culture. Our strategies are transparent and strongly focus on employees’ needs on optimizing organizational performance. We are explicitly aligned with your overall business goals. Investment in talent management is investing in the future of your business.