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Introduction:
At Prosperr.io, we are committed to making employee benefits and tax management easy and impactful. Our platform enables companies to implement and manage the Flexible Benefit Plan (FBP) seamlessly, giving employees access to tax-saving allowances within their CTC. This can lead to savings of up to 8-15% of their fixed salary.
Today, we’re thrilled to announce our partnership with Tartan HRMS Sync—a cutting-edge integration that empowers B2B companies using Prosperr for FBP management to sync employee data in real-time from over 70+ major HRMS and payroll systems, enhancing efficiency and reducing data ambiguity.
A Streamlined Workflow – Seamless HRMS Data Syncing:
Before this integration, rolling out the Prosperr Flexi Benefits Plan for companies relied on monthly Excel data exchanges to keep employee information up-to-date. This manual, repetitive process required ongoing coordination, especially during the onboarding of new hires or offboarding employees.
Now, with Tartan’s Unified API, Prosperr users benefit from automatic, real-time data syncing that eliminates the need for manual updates.
This integration streamlines Flexi Benefit Plan management, making tax-saving reimbursements and payroll processes faster, fully automated, and effortlessly accurate.
End-to-End Reimbursement Handling:
By integrating with Tartan, Prosperr automates employee data updates during both onboarding and offboarding processes, month after month.
This automation reduces manual errors and streamlines the management of Flexible Benefits, saving valuable time and improving accuracy for HR teams.
Optimized Data Security with Seamless Integration:
The integration ensures robust employee data security by minimizing access points and reducing manual handling. This automated sync removes data discrepancies, making each step in the employee lifecycle—from onboarding to full-and-final settlements—secure, efficient, and hassle-free. Both companies and employees benefit from this streamlined approach, with compliance seamlessly managed in the background.
How It Works:
The Tartan integration serves as a connector across major HRMS systems, allowing Prosperr to fetch employee data in real time. This includes salary breakdowns, benefit details, and tax regimes, ensuring zero data ambiguity. When a company onboards onto Prosperr, Tartan’s API/SDK pulls the data from the connected HRMS system, instantly updating employee information like salary and benefits without manual intervention. This real-time flow guarantees accurate and up-to-date information at all times.
Prosperr’s Benefits to Your Business:
- Increase in In-Hand Salary: With Prosperr-FBP, employees can benefit from an 8-15% increase in their in-hand salary by optimizing their tax deductions.
- Instant TDS Reporting: The integration allows businesses to generate and send instant TDS reports directly to the payroll team, ensuring timely compliance.
- Journey Standardization: Prosperr offers standardized processes across different employee levels, streamlining the workflow for HR and payroll teams.
- Best in Class TDS Compliance: With Prosperr-FBP, businesses benefit from best-in-class TDS compliance, reducing the risk of errors and ensuring smooth tax processes.
- Prioritize Product-Driven Processes: Prosperr enables businesses to shift from manual efforts to automated, product-driven processes, increasing operational efficiency.
- High Usability of Components: Prosperr’s dashboard and tools are designed to be intuitive and easy to use, ensuring high usability for both HR teams and employees.
Enhancing the Prosperr Experience with Tartan:
Through our partnership with Tartan, Prosperr.io now provides a more comprehensive and secure experience for businesses managing employee benefits. Companies can focus on growth while Tartan’s integration handles real-time data syncing, automated compliance, and seamless data transfer.