Payroll | Management
System

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Payroll Management System

All the payroll services including employee records tracking, end year bonuses, payroll taxes, tax returns, remaining payment, benefits management, handles with payroll management software. The main benefit of a payroll software is that is saves our time. There are many type of methods in payroll management like Excel-based, payment management software and outsourced but payroll management software provides best solution for any organisation. With payroll software, you can handle all payroll processes. Any business with staff should have a payroll software to handle all payroll processes.

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What is a Payroll Management Process

A payroll management software is a single platform that enables your business to hassle-free handle all your employees financial records automatically. All the financial records like employee’s salaries, net pay, deduction, payslips generation, bonuses etch for a specific period of time.

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Why do you need a payroll process for your business

As you would have already realised, your business activities are primarily divided into two broad categories: the macro and the micro.

Here the macro category refers as big and broader stuff. In this activities included the long term vision of your company. Your organisation development strategy, revenue, sales. Cash flow etc, involved in this category.

The micro category include the everyday the day-to-day operations of your business. These tasks seem ordinary and repetitive and just as important to maintain your business.

Important Features of Payroll Management Software


Below you can find the important features of the best payroll management software that essential for your organisation needs.

  • In Payroll software payrolls should be automatic generate.
  • Should be able to Creating correct and quick invoices and quotes.
  • It should be useful in tax forms filling.
  • It also has contain some important tax reporting tools.
  • It must contain contractor payments and vendor payments tools.
  • It should be able to keeping track of earning.
  • High level security feature must be available in payroll software.

Payroll Management System
Payroll Management System

What Is In Store For You


  • Integrated to HR Errands
  • Database | Employee Engagement
  • Tax | Statutory Compliances | Deductions
  • Salary | Overtime | Bonus | Incentive
  • What makes us stand out of the crowd
  • Havteq Payroll Linked Apps
  • Payroll Interface
  • Contact Details

Benefits of Using Payroll Management Software

Payroll management software has lots of benefits for an organisation( of all sizes).

Attendance system of employee

With payroll software, employee attendance system give you a very easy method to manage absences, overtime and leaves. Instead of all these, you can see what type of leave they are presently on, how much leave they are allowed to etc. it makes all these work a lot easier.

Cost Effective

With payroll management software you can handle all payroll yourself and not use any professional services. When once you can use this software very efficiently and easily, naturally you are not going with professional service. You can taking control of payroll yourself of your company.

Updates of taxes

Payroll management software help you to remembering all the tax updates if you might have missed the latest updates of taxes. Most of the payroll software automatically updated when any changes in tax laws.

Data security

With the payroll management software, the admin as well as employees, both can access the database of the system that can fetch the information. Like employee can fetch the information about their attendance, salary and other official credentials.

Less mistakes

Online payroll software minimizes the risks of mistakes. When you manage your payroll manually, it is common occurring human error but with the use of payroll software, it minimize the risk of human errors. It can stop you from entering the wrong and duplicate information. Payroll process is gives you more accurate data.

Record-keeping

With manually payroll, you have to require filling the payroll data that consume time and increase mistakes and you have to kept all the payroll record but with online payroll software, it can save all the records online and securely accessed by you, when you need to review them.

Capability of functioning multiple tasks

The payroll management system is a single platform that perform multiple functions of your company. The functions like CRM, HR, taxation, accounting, inventory, employee record etc. All these functions perform in one platform. The payroll management software provide important information from the database.

Increase Employee confidence

A payroll system can help you to managing all the tasks with no chance of errors. With this a positive effect leaving on employees because with the help of this software they can manage all the task efficiently.

Get In Touch With Us

For our weekly payroll software updates, insider perspectives and other solutions.

Integrated to HR Errands

Payroll Management System, payroll, Payroll Management software, payroll software india
ATTENDANCE
  • Manual Attendance
  • Automatic Attendance
  • Semi-Auto Attendance
SHIFT
  • Multiple Shift
  • Flexible Shift
LEAVES & HOLIDAY
  • Customized leave policies
  • Leave carry forward, Leave approval
  • Short Leave assignment
  • Classify Holiday

Database | Employee Engagement


Payroll Management System, payroll, Payroll Management software, payroll software india
EMPLOYEE MASTER
  • Employee personal/official information/Sleep Mode
  • E-documents
  • Salary details
  • Facilities
  • Roles & Access authorization
SHIFTSELF-SERVICE
  • Apply Leave & Short Leave
  • Apply official duty
  • Apply Expense Claims
  • Check/Verify Salary
KRA
  • Create Task
  • Engage Team Members
  • Track the task until completion

Salary | Overtime | Bonus | Incentive

Payroll Management System, payroll, Payroll Management software, payroll software india
SALARY
  • Monthly Salary
  • Advance Salary
  • Salary Approval
  • Bonus Accumulation
  • Pay slip Generation
OVERTIME
  • Overtime Rules/Criteria
  • Overtime Calculation
  • Overtime Approval
INECNTIVE
  • Incentive against attendance
  • Diverse incentive rules/criteria

Tax | Statutory Compliances | Deductions

Payroll Management System, payroll, Payroll Management software, payroll software india
STATUTORY COMPLIANCES
  • TDS
  • ESI, EPF
  • Gratuity
  • Chalans
DEDUCTIONS
  • Uniform allowance
  • Employee welfare fund
  • Loan deduction
  • Advance deduction
TDS
  • TDS as per government norms
  • Set TDS rate employee wise

How Havteq Payroll Makes Life Easy

Payroll Management System, payroll, Payroll Management software, payroll software india
  • Excel import to upload bulk data in one go.
  • Single spot to manage multiple location data.
  • Multiple shifts | Flexible Shift.
  • Three ways to upload attendance: Automatic, Semi-Auto, Manual
  • Automatic Attendance Upload
  • Employee Self-Service
  • Employee Sleep Facility
  • KRA
  • Short Leave
  • Overtime calculation
  • Incentive
  • Loan Facility
  • Payslip in English and Hindi
  • Dashboard

Havteq Payroll – Linked Apps


Payroll Management System, payroll, Payroll Management software, payroll software india, tds
TDS

Shows settings to set different TDS deduction criteria and automatic TDS application.

Payroll Management System, payroll, Payroll Management software, payroll software india
WEEK OFF ASSIGNMENT

Enables selecting and assigning desired week off day.

Payroll Management System, payroll, Payroll Management software, payroll software india
LOAN

Unlocks the tab for organized loan formalities and recovery.

Payroll Management System, payroll, Payroll Management software, payroll software india
SHORT LEAVE

Activates the option via which emps can apply for short leave.

Payroll Management System, payroll, Payroll Management software, payroll software india
ACCESS

CONTROL/AUTRORIZATION Authorizes primary user to limit access rights for sub-user.

Payroll Management System, payroll, Payroll Management software, payroll software india
LEAVE

Shows settings to enable the desired leave types.

Payroll Management System, payroll, Payroll Management software, payroll software india
KRA

Keeps task status updated to assure on time task completion.

Payroll Management System, payroll, Payroll Management software, payroll software india
ADD TEMPLATE

Setting essential HR document format to use frequently.

Frequently Asked Questions

More know about Payroll management system

  • Payroll management software is a platform where you can handle all the payroll services including, employee records tracking, end year bonuses, payroll taxes, tax returns, remaining payment, benefits management etc. Payroll is one of the most important and time-consuming process for any business or industry.

  • Payroll management system do everything with the process of filing texes of employment and paying employees. Employees need to enter their worked hours, wages and then payroll software automatically make calculations with the uses of their information. Most of the payroll software automatically updated when any changes in tax laws.

  • The best payroll management software that essential for your organisation needs, it requires some considerations. It should be automatic generate payrolls and gives you extra features in accounting system, ERP, HRM. Payroll management software come in many different packages. The payroll management system is a single platform that perform multiple functions of your company.

  • Online payroll software minimizes the risks of mistakes. It can stop you from entering the wrong and duplicate information. Payroll process is gives you more accurate data. You can taking control of payroll yourself of your company. It saves your important time.

  • In HR, Payroll management system can manage the employees salaries. It includes salary, deductions, net payable, allowances etc. it also generate the payslips of employees.

  • Payroll and HR are two different parts of you business. HR mainly deals with employees relations, while payroll deals the employees compensation.

  • Contact Us or mail us at info@havteq.com

Get started with our payroll software today and change the way of your business solution