Rekha Jain: Fostering Exceptional HR and Payroll Solutions at Paysquare

Rekha jain
Rekha jain

The mark of a powerful business leader is that she uses that power to bring together a heterogeneous group of people, make them realize their true potential, and unite them in a single company propelling them on the path of holistic professional success and sustainable interpersonal development.

For the most powerful woman business leader, her people mean everything. It is never about anything else other than how to maximize the immense talents of human resources and match them with a precise value equation that is fair and square.

For Rekha Jain, the Vice President at Paysquare, the compassion was always about HR and payroll solutions that could value immensely talented professionals’ due worth. Rekha says, “Our inspiration for entering the business arena was recognizing the crucial role that payroll and HR functions play in organizations.”

Robust Ethics

Under Rekha’s caring, ethical, and compassionate guidance and leadership, the sales team has consistently achieved targets across regions. She has tremendous people management skills and is extremely target focused. One of her colleagues, Ankit Desai, the Business Head, says, “During my interaction with Rekha, I found her to be extremely hard working and has a strong work ethic. She also has very good interpersonal relations with all her colleagues. Working with her was an absolute pleasure, and I recommend her knowing that she will be an asset to any organization she decides to work with.”

An experienced Vice President with a demonstrated history of working in the financial services industry, Rekha has always been a Senior-level executive with 20+ years in sales, business development, and general management. Her forte is helping prospects and customers make strategic decisions that have a meaningful impact on their supply chain. Strong leadership skills in leading great sales teams. She is expertly skilled in Personnel Management, Business Development, Employee Engagement, and HR Policies.

A People Guiding Leader

Another colleague, Jaswant S, Human Resource Business Partner IR ER-Admin, says, “Respected Rekha Jain Mam, through your hard work, sincere efforts and extended support, leadership and guidance to Team has created a platform for many to develop their careers. Keep growing in heaps and bounds. 💐 Wishing You All the best👍 for future milestones.”

A powerful leader’s true trait is to stay humble, honest, transparent, and utterly grounded. After achieving all the milestones, Rekha says in her humblest gratitude, “I thank Paysquare Consultancy Ltd. for appreciating and recognizing my achievements throughout my remarkable journey. These 17 years have been filled with loyalty, growth, and the pursuit of becoming a better version of myself.

Paysquare., you have been more than just a workplace; you have been my second home. The trust and loyalty I have experienced within this organization have been extraordinary.

The milestones I have achieved would not have been possible without the unwavering support and encouragement of the entire Paysquare family.

Reflecting on this incredible journey, I feel honoured to be part of the Paysquare family. The support, mentorship, and camaraderie I have experienced have made this journey truly rewarding.

I look forward to continuing to contribute to the success and growth of our organization in the years to come.”

Benchmarking Brilliant Milestones

A student of Avila convent, Mysore and a post-graduate in MBA, Business Administration and General Management, Rekha began her professional career with ICICI Bank in 2005 as an NRI Relation Officer. Moving from there to Paysquare as Head of Sales in 2006, Rekha became the VP of Corporate Sales in 2014 and led the team since then.

Paysquare Consultancy Limited has had a remarkable journey since its inception. It started in 2000 with the vision of providing comprehensive and reliable payroll and HR solutions to businesses of all sizes. Over the years, the company has grown steadily and established itself as a trusted name in the industry. “Our commitment to delivering exceptional services, staying updated with industry trends, and building long-term relationships with our clients has been instrumental in our success,” says Rekha.

Her aspirations have always been the realization of the critical role payroll, and HR functions play in organizations. She made her Paysquare team recognize the need for accurate, efficient, and compliant payroll management and HR services, and they wanted to bridge the gap in the market. Their goal was to provide businesses with a reliable partner to handle their payroll and HR needs, allowing them to focus on their core operations and strategic goals.

And she ensured Paysquare reached the goal with her professional leadership acumen. Over these years, Rekha gained extensive experience in large-scale customer negotiations and relationship building, leadership development, operational execution and discipline and new market development. She built several high-performing teams, with expertise in recent customer acquisition, growing under-penetrated accounts and expanding relationships with key multi-national accounts. Rekha’s guidance helped Paysquare increase its revenues by over 40%. She worked with leading clients to determine and identify goals, objectives, and strategies to tailor campaigns that increase engagement and purchases.

Rekha also developed the company and global sales strategy and execution plan. It was all due to her efforts in coordinating with project management, programming, and implementation staff after new accounts were closed that ensured client satisfaction and identified opportunities to up-sell additional products and services. She developed proposals for complex, customized solutions for leading MNC enterprises globally.

With Great Power Comes Greater Responsibilities

Rekha took her powerful leadership position as responsible for managing field sales teams, inside sales and business development worldwide to grow sales. “I had been responsible for developing plans and strategies for developing business and achieving the company’s sales goals. I helped define sales processes that drive desired sales outcomes and identify improvements where and when required,” she adds. To do it, Rekha worked closely with the marketing function to establish market awareness and a steady stream of leads across chosen marketing channels.

Of course, there were umpteenth challenges. The initial challenges that Rekha had to surmount to ensure Paysquare’s success rate to reach greater heights were, •Building a reputation and gaining trust in the market, •Competing with established players in the industry, and •Adapting to changing regulations and technologies.

She overcame every challenge with her distinctive professional values and qualities like •Reliability, •Expertise, •Responsiveness, •Customization, and •Compliance.

Sharing the plethora of services, Paysquare provides, Rekha says they include,

*Payroll Outsourcing: Automate your payroll management and process accurate and on-time employee payments.

*Leave Management Service: Track and approve employee leaves and time off while complying with applicable laws.

*International Payroll: A centralized approach to multi-country payroll through our one unified payroll platform.

*EOR/PEO Services: Simplify your workforce management by outsourcing your administrative burden.

*Statutory Compliance: Stay compliant with present-day tax laws and regulations to avoid paying fines for late tax filings.

*Accounting Outsourcing: Automate your accounting for accurate financial reporting and ensure better financial visibility.

Always Fair and Square

Revealing USPs that highlight brand Paysquare’s uniqueness in the industry, Rekha says they include

  • Comprehensive Solutions:End-to-end payroll and HR services.
  • Technology-driven Approach:Leveraging advanced tools for efficiency.
  • Customization:Tailor-made solutions to meet specific needs.
  • Data Security:Robust measures to protect sensitive information.
  • Dedicated Customer Support:Prompt and personalized assistance.
  • Proactive Compliance Management:Ensuring regulatory adherence.
  • Reputation and Trust:Built on reliability and professionalism.
  • Long-term Relationships:Fostering partnerships for client success.

Adding the company’s achievement, she says they are the Fastest growing company in the Payroll domain. Paysquare has been a trusted payroll partner for leading companies for over two decades. Best place to work. Among the 20 most promising compliance companies in India. They were awarded for the best back-end payroll technology and innovation. And they are consistently delivering over 99.95% Accuracy.

Making a Long-Lasting Impact

Rekha furthers that they have a presence all over India and are also expanding rapidly in the international market. “Our vision is ‘To be one of the most trusted and recognized partners in the managed services business for HR and Finance domain, both in India and internationally. We aim to ‘Provide unmatched value to HR & finance teams while offering managed services and build strong and dependable long-lasting partnerships,” she says, adding, “We stand by our core values:

~ Teamwork: Our teams work closely with clients to ensure a smooth transition and a hassle-free experience.

~Customer Focus: Our focus is always to ensure customer success. We go the extra mile to ensure that customer requirements are met.

~Integrity and Transparency: We have managed confidential client data without escalations. Our operations are transparent, and relevant reports are available based on the hierarchy they define anytime.

~Trust: We have won customers’ trust based on our impeccable record and service.”

As an experienced professional, Rekha’s advice to the budding aspirants willing to enter the business world is pragmatic. She says, “•Follow your passion. •Focus on continuous learning. •Build a strong network. •Embrace failure and learn from it. •Be adaptable and open to change. •Prioritize customer satisfaction. •Take calculated risks. •Build a strong team. •Maintain a strong work ethic and perseverance. and •Never stop innovating.”

A Future of Leveraging Innovations 

On envisioning her company’s operations with the emerging technologies and automated tools that are revolutionizing the business world by enabling innovations, Rekha divulges that at Paysquare, they recognize the significance of emerging technologies and automated tools in revolutionizing the business world. She adds, “We envision our company’s operations to be at the forefront of these innovations, leveraging them to enhance the efficiency, accuracy, and effectiveness of our services.”

  • Adoption of Advanced Payroll and HR Systems.
  • Data Analytics for Insights.
  • Mobile and Self-Service Solutions.
  • Enhanced Security Measures.
  • Integration with Ecosystem Partners.
  • Continuous Innovation and Adaptability.

Rekha says they aim to provide their clients with cutting-edge solutions, enhanced efficiency, and a competitive advantage in the payroll and HR domain by embracing emerging technologies and automated tools. “Our vision is to be a leader in leveraging these innovations to deliver exceptional value and drive the success of our clients’ businesses,” she concludes.

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