Any company/organization is comprised of employees. If the company is small, manual processing and tracking of salary, benefits, and taxes is manageable. But as the company grows, manual bookkeeping may not be an option. Organizations may even run into legal troubles if the payroll management and bookkeeping is not properly managed. For these kinds of growing/established companies, we offer an ideal tool which provides quick and easy way of payroll management. This also saves your business from a lot of troubles like human errors in calculations and updating.
Even though wage management looks very simple on the outlook, there are many minute things which are involved in the process which makes things complicated. Hence it is very important that the company must be equipped with a premium management tool along with hands-on trained resources on it.
The following pointers provide salient features of Payroll Management tool which we offer:
Integrating of the wage management register with electronic devices like thumb scanner / face recognizer / biometric device
Employees’ login time and attendance monitoring
Streamlining of salary structure based on experience level and skill sets
Leave management and OT allotments
Payslip generator and crediting salary to bank accounts
Since a company’s reputation is of prime importance, all of our beloved Clients trust our Applications 100% on managing the payroll activities. Our products have forged a strong relationship with their employees by keeping payroll records in order and making sure everyone is paid the right amount on time.
There are many aspects to payroll and wage management of an organization. After analyzing and thorough brain-storming, we have formulated an umbrella of modules which works well among each other to create a working model.
The solution which we propose consists of the following modules:
Employee Module - This system allows the payroll manager perform the following activities:
o Register a new employee record
o Add employee details like designations, grades and organization level etc
o Initiating background verification, if needed
o Linking the salary details to bank accounts
o Creating email id, login id and so on
Shift Module - This system allows the payroll manager perform the following activities:
o Allotting employee shifts
o Shift rotation
o Providing backup employees in case of any employee is on leave
o Making a note of people who work double shifts
Attendance Module - This system allows the payroll manager perform the following activities:
o Monitoring the attendance data
o Managing the salary based on the attendance
o Automatic mail triggering to the manager when an employee is AWOL
o Making a note of people who work double shifts
Leave Module - This system allows the payroll manager perform the following activities:
o Integrated with Employee Self Service (ESS)
o Add and/or update leave requests
o View leave balance
o Automatic mail triggering to both employee and manager on applying a leave
o Tracking and reporting
Loan Module - This system allows the payroll manager perform the following activities:
o Maintaining employee loan balance with loan type, amount etc
o Automatic calculation of interest amount
o Deduction from salary
Salary Module - This system allows the payroll manager perform the following activities:
o process salary by taking in to account wage type, designation, etc
o Tax deductions
o Food coupons, if availed
o Miscellaneous deductions, as applicable
Apart from these, we have developed many other custom modules for our esteemed clients based on their requirements.
Since it is a herculean task to explain the system in words, we have included some of process flow diagrams which are self-explanatory.
Payroll Process Flow
Convenient tracking of employees with cloud based biometric network can be leveraged to manage attendance register. Click to view.
MIS Payroll Cycle
One module, many facets of payroll management can be handled effortlessly.
MIS Modules
This picture gives an overall idea of all modules present in payroll management system.
Registration Module
The logical flow of reporting section has been explained in this flowchart in detail.