Payroll Management System

Efficient and effective management of the human resource has become increasing complex activity in any professional organization, because of varying factor involved.

PAYMANSYS system consists of various HR functions including administrative activities with respect to personals of different departments. PAYMANSYS payroll defines different critical aspects of salary calculations in a much user friendly manner. Administrative user can define complex salary schema for different employee groups in a most efficient and scientific manner. This schema is interlaced with leave management and overtime management directly related to overheads under different heads of company accounts. TDS (Tax Deducted at Source) is automatically calculated and as well debited to respective head of company account considering all possible investments entitled to the employees.

Our HR functional includes

The Payroll Management automates the pay process by gathering data on employee time and attendance, calculating various deductions and taxes, and generating periodic paycheques and employee tax reports.

The Time and Labor Management module applies electronic device for recording IN and OUT time of every personal which in effect develops the productivity of work in a most efficient manner. This module is a key ingredient to establish organizational cost accounting capabilities.

The HR Management module is a component covering all other HR aspects from application to retirement. The system records basic demographic and address data, selection, training and development, capabilities and skills management, compensation planning records and other related activities. Leading edge systems provide the ability to read applications and enter relevant data to applicable database fields, notify employers and provide position management and position control.