Payroll Outsourcing Services
in Bangalore

Payroll Outsourcing – Introduction

Your search for the best payroll consultants in Bangalore ends right here! SetMyCompany is a premium agency offering payroll services in Bangalore. One of the most important processes in any organisation is processing salary for employees. This process is more than just crediting salary in the employees’ accounts. The admin or the HR needs to calculate the leaves, incentive, overtime, bonus, increments, reimbursement, and more. On average, two to three executives may have to work for a week or ten days to process the salary each month. Payroll outsourcing is the process of using a third-party service provider to handle all the compliance and administrative tasks of payroll management.

The various functions of payroll processing that can be outsourced include:

  • Making employee pay after calculating deductions and incentives
  • Calculating tax on salary and withholding tax amount from salary for tax payment
  • Filing all the essential government reports
  • Managing employee benefits

Our payroll service providers in Bangalore can help streamline the payroll management process in your organisation.

How does a Payroll Outsourcing Service work?

You will need to have the following details to set up an effective payroll management system:

Company documents such as GST, TIN, certificate of registration, electronic challan cum return document.

Set up a payment schedule – you need to have a payment schedule to release the salary. The schedule can be weekly, fortnightly, monthly, or quarterly

Classify the employees – For effective payroll processing, you need to classify your employees are full time, part-time, freelance, consultants, or interns. The pay calculation will depend on the type of employee.

Compensation regulations – if you have any rules regarding leaves, loss of pay, overtime, office hours, and others that will determine deductions or additions in the salary, they need to be explained in advance.

SetMyCompany is one of the leading payroll outsourcing companies in Bangalore. We work with organisations of all types and sizes. Whether you have less than 10 employees or thousands of employees, we can take care of your payroll management. Our team includes experts in payroll compliance and labour laws. So, we help ensure that all the compliances are met. Our aim is to ensure that both the employee and the employer is happy. That’s why we have designed a self-service portal that the employees can access. This portal will allow employees to check their payslips, track deductions, reimbursements, taxations, bonuses, and other benefits. In case, they have any queries, they can raise tickets on the portal itself. The employers will also have a clear idea of payroll management. We can also customise the portal and the dashboard based on your organisational requirements.

Focus on building your business as we take care of the nitty-gritty details of payroll management. Contact us to know more about our payroll services in Bangalore.

Why should companies consider outsourcing payroll and what are the payroll outsourcing benefits?

A few of the reasons you should go for payroll service providers in India are:

You will work with professionals with plenty of experience in finance and accounting
You will have access to advanced technology for payroll processing
You can save up to 50% of the costs involved in payroll processing and related tasks
You can efficiently deal with employee queries regarding the salary calculation
You will have a database of all the salary, increment, incentive, leaves, and bonus details
You can be assured of the confidentiality of data

SetMyCompany is one of the top payroll service providers in India. You will enjoy many benefits by availing of our payroll management services. A few of the benefits are:

Effective resource management
Better use of your time and money
Record complete lifecycle of an employee from joining to exit
Hassle-free payroll management of each and every employee
Ensure regulatory compliance

How can SetMyCompany help you?

SetMyCompany offers a suite of payroll services in Bangalore. The services that we offer include:

  • Salary processing
  • Updating details such as attendance, new joiners, resignees, increments, salary advances, loans, bonus incentives, etc.
  • Calculate leaves, leave encashment, loss of pay
  • Calculate arrear salary
  • Provide monthly salary slips
  • Generate reports – employee-wise, team-wise, department-wise, company-wise
  • Reimbursement management
  • Prepare full and final settlement
  • Handle employee queries related to salary release

Why SetMyCompany for Payroll Services?

Payroll processing is one of the hectic tasks of the HR or accounts personnel. The task can eat into their productive hours every month. Outsource your payroll management to us. At Set My Company, we have a team of accountants who come from a strong financial background. We can take care of salary management and also ensure that the payroll is compliant with the local and national labour laws. During the salary calculation, we also calculate taxation, reimbursements, overtime, and other deductions and additions. For more details about our payroll services, contact us.


Businesses outsource their payroll management as it helps save time and effort. Payroll outsourcing also reduces the necessity of having a trained team in-house. Companies also get the services of professionals who have ample experience and expertise in payroll management.

There are many factors that will determine the cost of payroll outsourcing. We recommend you call or visit us for a consultation. Based on your requirements and employee count, we will give you a quote for payroll outsourcing.

No, there is no limit to the number of employees on the payroll. We work with organisations of all sizes.

Call us at +91 96111 89911 (IN) for more information about our payroll outsourcing services in Bangalore.

Yes, we also offer payslip generation services as a part of our payroll outsourcing services.

Our Services


The Government of India came up with the Start-up India scheme in the year 2016. The main aim of this scheme was to build a start-up environment in the country and encourage entrepreneurs to bring their innovative ideas to life.


India is tricky country when it comes to labour laws, numerous compliances can be burdensome. We help you concentrate on your business by managing complete employee services throughout their life cycle i.e from joining to exit.


As an entrepreneur, it is important to consider key factors while choosing the entity type. More than 90% of the companies incorporated in India follow the Private limited company business structure.


Every business entity needs to track financials on a periodic basis, to understand if the decisions made are yielding the desired result. Accounting services and bookkeeping services are an indispensable part of every business as they help in assessing the financial health of the organization.

GST Compliance

We help you understand India’s biggest tax reform, and reap maximum benefits out of it. We assist you not only in understanding and implementation of GST, but also provide comprehensive assistance in various periodical filings and compliances.

Investment Compliance

We help you throughout the funding process and assist you understand the term sheet, shareholders / subscription/ purchase agreement and various compliances involved and guide you on best industry practices. Gain from our experience

due Diligence

We help you make right decision or give you a valuable insight, by comprehensive appraisal and in-depth investigation of businesses undertaken. We help you make an informed decision.

Recent Posts



271, 1st floor, 14th Cross
Eshwara Layout, CMH Road,
Indiranagar, Benglauru,
Karnataka 560038

+91 96111 89911 (IN)




Your Message

We are working on building a better tomorrow,
and loving every bit of it!