Free Software
Crucial Features To Look For In An HR Payroll Management System
by erpsolutions oodles erp solutions provider
erpsolutions oodles 
erp solutions provider
HR Payroll Management System is highly beneficial for any type of organization or educational institutions. Accounts department perform various activities such as payroll processing, maintaining salary details of every employee, keeping track of deductions and installment details, etc.
http://erpsolutions.oodles.io/hr-payroll-management-system/
Sep 11th 2018 06:55
erp solutions providerHR Payroll Management System is highly beneficial for any type of organization or educational institutions. Accounts department perform various activities such as payroll processing, maintaining salary details of every employee, keeping track of deductions and installment details, etc.
http://erpsolutions.oodles.io/hr-payroll-management-system/Sep 11th 2018 06:55
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To pick the right tool, it depends on the following factors
Employee count
Salary compensation structure
Attrition Rate (For frequent terminations proration is tough to calculate manually)
Bonus and hikes - Retro calculations
Reports
Pushing the data to General Ledger to mark salaries as expenditure
Form 16, Form 12BB to be provided to employees
ESI,PF challan generation
In case if the need is as simple as payroll calculation for a fixed or variable salary where in there is no dependency on any other factors a simple macro spreadsheet would do.
If you would like to outsource and looking for a cloud erp. I would suggest to get in touch with Cogxim Technologies Pvt Ltd. They can help you find the right product fit based on requirement and pricing.
Sep 13th 2018 04:00