Payroll refers to the financial records involving salaries, bonuses, taxes, appraisals, compensation etc. of an employee. It is a financial amount paid to employees in return for their services through an accounting perspective.

Payroll outsourcing for a business is involving an external party to manage all its payroll activities. It provides effectiveness in cost and time saving for financial tasks in an organization. Payroll processing includes providing services on handling of employee records, employee salary calculation, computation of bonus and compensation, payroll distribution and compliance with legal rules and regulations