HR and Payroll Management Software
You can turn to payroll automation to avoid inaccurate financial statements and penalties. It syncs and consolidates employee data and regulatory rules and automates calculations, leaving no room for an oversight.
Payroll management
Wages are automatically calculated based on your preset schedule: daily, weekly, bi-weekly or monthly. This, in fact, is one of the main advantages of payroll management software. The module consolidates wage-related items like attendance, salary grade, benefits, reimbursements, leaves, advances, withholding taxes, terms and policies, etc. to compute wages. Most solutions need only to be manually set up with your rules, then the system takes over the payroll process. It can be customized along multiple pay and benefits structures and further configured for specific employees or contractors.
Leaves management
The module allows employees to submit leave claims and monitor their leave balance, while managers can review such requests and notify employees of approved or declined claims. The module also calculates accrued leaves for wage calculation.
Income tax & deductions
This feature processes pre- and post-tax deductions. It helps you comply with various state and federal taxes and social security requirements. The system automatically does the calculations based on latest regulations. The more advanced payroll management solutions provide tools for income tax projections, TDS estimates and annual tax-saving investments.
Time and attendance tracking
Standalone payroll management software may include timesheets or a time-tracking feature to manage attendance. This module tracks absences, increments, leaves and attritions and sync these data with wage calculations. Some advanced features let you manage multiple shifts and transfers and biometric integration to show real-time clock-in/out.
Reports, payslips, forms
This is another key feature, which generates payroll reports like salary statements, benefits reports or leave summaries. Employees can also access this platform to check or print payslips. Likewise, payroll forms can be printed all. Regulatory forms such as Form 16, Form 12BA and Form 12C may also be downloaded and printed.
Record-keeping
Payroll management software also acts as a central repository of employee records and related documents. This feature usually include document management to handle files like offer letter, experience letter, employee profiles, organizational charts and applicable statutes for labor, tax and occupational safety.
Our Payroll Clients
Sadias Kitchen
Bangladesh Army EBRC