When you think of an effective payroll system, what comes to mind? Workforce demographics, a well-maintained personnel database, integrated regulatory compliances such as PF, ESIC, TDS, and eChallans, as well as leave integration and pay structures. But wait, there's more—India's top payroll system offers even more benefits!
Dashlets
Demographics relevant to HR and financial management processes are displayed in flexible dashboards, presented in the appropriate formats.
HRIS
A complete employee information system with document attachment functionality.
Pay Structures
Create a compensation plan tailored to your company's policy or manage commission payments.
Leave Management
There are 10 standard and user-definable leave categories available.
Statutory Compliance
Generates eChallans and eFormats for PF, ESIC, TDS, bonus reports, Form C, slip registers, and gratuity reports.
Loan Management
Manages employee loans from construction projects and their impact on income tax computations.
Budgeting
Manages cost-centered manpower budgets with variance reporting and restrictions to prevent exceeding limits.
Maker & Checker
Double surety can be managed with separate roles for entry and two levels of approval for payroll authorization.
Reports
Access 400 ready-made reports, including statutory, MIS, and master reports. Utilize drag-and-drop functionality with a user-definable template generator.
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VVelocity Payroll software, both web-based and cloud-based, is ideal for businesses of all sizes. It offers a comprehensive solution for tracking employee attendance, productivity, and timekeeping requirements.