PAYROLL ENTERPRISE
Payroll Enterprise is a complex payroll management solution which facilitates every aspect of payroll processing. The solution can be used to process payroll for any frequency with flexible transaction definition, handle increments, process multi-currency transactions, process payroll for multi companies, handle loans, reimbursements, bonus payments and many other payroll related functions.
The solution has been designed to integrate with any time & attendance system to process attendance related payments such as overtime. The module is customizable and can be adapted to specific needs of a company handling sophisticated and complex calculations, which can be defined by the user. The solution generates all statutory reports required in specific legally accepted formats and also any other payroll related report required by the organization thus making the payroll process a quick and easy task.
- Supports distributed multi-user client / server environment.
- Payroll processing for different pay frequencies
- Attendance system - integration & calculations
- Multi company payroll processing
- Multi-level security hierarchy system
- Links to 3rd party systems, through import and export facility.
- Formula builder for dynamic transactions
- Audit trails
- Leave encashment
- Loan processing
- Bonus calculation
- Management reports
- Pay-slip printing and all the payroll reports
- Salary to multiple bank accounts.
- Reconciliation reports
- Bonus module with GL - Lump sum tax / Reconciliation Reports
- Reconciliation report (Grand summery)
- Fault tolerance (in case of power failure)
- Pay process Rollback facility
- Support for directions / Non cash benefits
- Supports data encryption