PAYROLL MANAGEMENT
One of the integral parts of HR is Payroll. Business expects timely and accurate salary calculation coupled with Statutory Compliance. The task of payroll becomes complicated in today's industries due to multiple statutory requirements, MIS requirements, calculations based on slabs and formulaes and other HR policies.
We provides entire gamut of payroll solutions whether requiring multiple structures or customized reporting or online access. We have a variety of options for payroll management, whether your organization has 50 employees or 5,000. How complex is your payroll? Do you have multiple locations? What is your knowledge and comfort level with payroll? These are all questions to think about as you select the best option, and we can help you find the best fit. We build our success – and yours – on the power of working one to one. We tailor our payroll solutions to your business needs.
Based on the existing masters and monthly inputs, we process the payroll and calculate employees' net pay and provide the same to the client for approval. Once approved, we provide files for transfer of salary to employees’ respective bank accounts and also details of amount payable to others not enjoying the transfer facility for payment through cheques/DDs/Cash. Subsequent to release of payment we provide pay slips for distribution amongst employees. We also provide facility for e-payslip, whereby payslips are emailed to employees at their respective e-mail Ids provided. We also provide wide range of statutory and other reports.
In addition to managing monthly payroll, we provide facilities for loan and advance management, leave management and reimbursement management.
Under loan and advance management, we manage different type of the loans and advances granted to the employees and ensure deduction as per pre-defined schedule, enabling the client to manage its employee advances in a better manner.
Under leave management, our systems enable clients to manage leave records for their employees. It allows definition of various types of leaves with facility for automatic allotment, carry over and encashment.
Under Reimbursement management, we also provide facility to our clients for managing salary based reimbursements, like LTA, Medical, etc.
We also help our clients in managing employee database. Apart from general details of employees like DOB, Father’s Name, Mother’s name, Spouse name, etc., we can also help in maintaining HR data in respect of Blood group, nationality, languages, passport details, scanned signatures, scanned photograph, family details, special dates, educational details, training programs attended, accidents, disciplinary actions, etc.
Salient Features of our ‘Payroll Solutions’