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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.

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