Case Study: the largest life insurance provider achieves streamlined, accurate payroll processing with PeopleStrong

Manging swipe to salary with Payroll integrated solutions

The customer, a large life insurance provider based in Mumbai, faced a challenge in achieving consistency and accuracy in its payroll processes across its vast network of 400+ branches in India. The company engaged the vendor, PeopleStrong, to implement an integrated payroll solution. The primary goals were to automate payroll processing, standardize operations, minimize redundant tasks, and ultimately deliver a unified and positive experience for all employees.

PeopleStrong implemented a comprehensive, technology-driven payroll solution that automated outputs, integrated tax calculations, and streamlined input processes. This resulted in a highly efficient, 90% self-sufficient payroll model. The solution delivered significant measurable impact: payroll processing time was reduced from three days to two with 99.9% accuracy, and the time to submit management reports was cut from seven days to two. The vendor's system also enabled the customer to successfully redefine the role of its HR business partners and centralize its domain expertise.