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Home Financial Services Case Study: HR Support Services

HR Support Services for Professional Employer Organization (PEO)

Overview
The concept behind a Professional Employer Organization (PEO) is co-employment, where two employers, the business and the "PEO" co-employ the individuals who work for the business. The PEO typically handles the administration side of employment, providing paperwork, establishing and maintaining employee files, processing payroll, filing payroll taxes, developing employee handbooks, benefit administration, workers compensation management, compliance assistance and human resource support. A PEO serves as an offsite HR department.

Client
PEO firm - Idaho

Client's Challenges

  • Handling lot of paperwork
  • TAT
  • Managing peak load

Outsource2india’s Back-Office Services Provided
  • New hires - Going through all the paperwork including forms like I9, employee undertakings etc to determine if everything is in order or to locate missing information to be taken from the employee
  • Setting up new employees in Accountix (payroll and A/P software)
  • Help in payroll processing services during the pay days
  • Do benefit reconciliation
  • Enter invoices in the A/P module of Accountix and do the reconciliation

Impact on Client’s Business
  • Staff and related expenses cut significantly
  • Faster TAT
  • Seasonal load managed well

At Outsource2india, we have been providing accurate and high-quality Financial Services for our global customers, enabling them to save on time, effort, infrastructure and revenue. Read more Financial Services Case Studies on Equity Research, Accounts receivable, Bank Loan Production, Financial Research, Billing and Title Search.

Please contact us for further information about O2I's HR Support Services and Pricing details.

O2I’s Financial Services

Accounting and Finance Services: Outsource Write-Up, Bookkeeping Services , Accounts Payable, Accounts Receivable, Financial Reporting and Accounts Reconciliation services to O2I for proficient and cost-effective services.

Tax Preparation Services: Outsource Tax Return Processing and Tax Preparation services to O2I and benefit from maximized efficiency and profits. Give your business a competitive edge with our efficient services.

Financial Analysis Services: Outsource Financial Analysis services to O2I for accurate, reliable and competent services delivered within a fast turnaround time. Improve the financial health of your organization with our professional services.

Payroll Processing Services: Outsource Payroll Processing services to O2I to reduce your operational costs by 40-50%. Relieve your organization from mundane administrative tasks. Outsource to O2I and concentrate more on your core business.

Insurance Services: Outsource Life Insurance, Property and Casualty, Annuity Insurance, Insurance Policy Administration, Insurance Agency Management, Insurance Claims Administration and Insurance Data services for increased profits.

Outsourcing to India: Discover Why India is an ideal place to outsource to, Read more on Why Outsourcing has become necessary and find out more on What services can be outsourced to India.

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