Seamless Payroll Transformation for a Prominent Consumer Electricals Manufacturer
Company Overview:
Name: Leading Consumer Electricals Manufacturer
Industry: Manufacturing
Employees: 1814
Locations: Pan India
Client Since: 2006
About the Client:
A prominent Indian manufacturer of consumer electrical equipment, headquartered in Mumbai, Maharashtra, and part of a large diversified business group worth ₹380 billion. With a revenue of ₹4,727 crore, the company has diversified interests across lighting, luminaires, appliances, fans, LPG-based generators, and engineering and projects.
Why Did the Company Choose TSR Darashaw As Its Payroll Outsourcing Partner?
As part of the TeamLease HRtech portfolio, TSR Darashaw combines deep domain expertise with modern payroll technology to deliver reliable, compliant, and scalable solutions. With over 25 years of experience serving diverse segments like BFSI, Manufacturing, IT/ITES, BPO, and Retail, the platform ensures end-to-end payroll efficiency, from salary disbursement and tax management to statutory compliance and reporting.
- 50+ Years of Expertise
- 2.2+ Lakhs of Payroll processed every month
- Robust DR/BCP Infrastructure for business continuity
- ISO & SOC 2 Certified
The Solution Tailored for the Client
The company implemented our managed payroll services to bring in automation, consistency, and compliance across its operations. The transition was seamless, with expert support ensuring minimal disruption and a fast ramp-up.
Our solution included:
- Integration with their existing HRMS – SAP SuccessFactors
- Implementation of key modules to streamline employee services and payroll efficiency:
- Flexi Pay Module
- Reimbursement Module (CTC/Non-CTC)
- Leave Management Module
Key Outcomes of the Partnership
- Payroll Accuracy: Achieved 100% accuracy
- Payroll Error Rate: Dropped to 0%
- Processing Time: Reduced to just 1 hour per cycle for readiness and execution
- FTE Efficiency: 4 FTEs now manage the entire payroll function
- Employee Satisfaction: Improved through consistent, timely salary disbursements
