Payroll Management Software System
Payroll Management System
Payroll Management System is a full-featured payroll software that allows managing of both contract and permanent employees payroll processing with varied pay periods. With the tight integration with the Time & Attendance module and minimized manual entries / calculations, the payroll processing is fully automated and completely error-free. The cafeteria management module integration ensures even the deduction of meal expenses is automated.
Payroll Management System – Key Features
- Configurable pay structure for each employee & employee type
- Configurable pay periods payment cycles
- Define Earnings / Deductions formulas and calculations
- Track Loan / Salary advances
- Employee emoluments, Salary Hold / Release
- Employee increments can be calculated while maintaining increment history
- Auto-mailing of payslips to employees & Salary Transfer Instructions to Bank
- Provision for uploading documents for TDS calculation with an approval mechanism
- Reports like Pay Book, Bank Advice, Pay Slip, Loan Ledger can be exported
- Integration with Time & Attendance Systems (TAS) & Cafeteria Management Systems (CMS)
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