Whether an enterprise is small or large, or in a phase of expansion, lot of data pertaining to Human Resource and payroll is generated. It is a herculean task to manage such abundant information and databases. Hence, it is very important to get an ideal solution for handling your payroll management related needs and issues by introducing our payroll software. A boon to an enterprise, payroll management software magnifies processing efficiency by performing the minutest of its functions. http://www.prolawguide.com/
With payroll software, salary calculation inclusive of statutory requisites, complete financial information of an employee, legal requirements like PF, TDS, ESIC, PT, LWF, reports comprising MIS data and monthly payroll requirements are met with ease. This software should be able to get merged with ease to any biometric or any other time attendance system. Once added to the corporate intranet frame work, the payroll software seamlessly get enabled so as to access payroll data from any part of the globe through web. The payroll software should be able to access and manage payroll related data thereby subsidizing the overall managerial cost involved in payroll management.
The promising features of any good Software should be:
User friendly interface
Conformity with the statutory law
Unparallel salary management features
Entirely configurable PF, TDS, PT and ESI window
Complete power on user administration
Multi branch and multi operation support
Easy integration with corporate SMS and E-mails framework
Easily accessible through active directory
Data portability via import – export
Comprehensive Arrear Management Tool
Complete integrating with time attendance data with payroll management software
Defining business rules and overtime calculation.
The above topic is written by Vikas Sapra who is in the payroll process industry for the last 10 years. He has worked hand in hand with many payroll processing companies and many chartered accountants.His Expertise in Payroll Software and Payroll outsourcing