Payroll Management Software is a software that deals with all financials aspects of an employee working in the company. A payroll software generally deals with employee’s salary, allowances, deductions, gross pay, net pay, etc.
A payroll management software plays an essential role to HR’s of a company, making them free of manual calculations resulting error free payments. Automation of employee’s financial transactions lessens the burden of complex calculation, reducing time and labour.
Essential features of a Payroll Software:
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Loan, advances and bonus
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Pay Slip generation
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Ready Bank Statements
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Other allowances and benefits calculation
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Monthly Salary & CTC calculation
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Income tax & deduction calculation
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Provident Fund & ESIC calculation
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Professional Tax
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Salary report
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Leave encashment calculation
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LWP calculation
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Final Settlement
Team Fixfin is strongly experienced in delivering best quality Payroll Management Software solution covering all operational aspects of Payroll Management. Our solutions are 100% customizable based on company needs. We assure to deliver solutions satisfying all requirements of a company.
Benefits of a Payroll Management Software
A Payroll Management Software eases HR operations and has numerous added advantages that are given in the list below. It is the best way to get accurate calculations related to salary calculation and other benefits manipulation.
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User-friendly interface
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Saves time and lower error chances
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Faster than manual systems
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Easily integrable with other softwares
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Eliminates stress of huge record maintaining and processing
