Articles

What is Payroll Management System?

by Aarushi Sharma Human Resource Executive

Payroll management system is a collective process consisting of several other modules of HRMS and can be used by organizations of all sizes to manage payroll processing. A software which manages salaries, TDS, PF, EMIs, bonuses, etc. as a cohesive mix is payroll management system, and automation enables a clear-cut and seamless functioning. A modern payroll management system entails of the following components to ease the HR team functioning:

  • Payroll Compliance in association with ESI, PF, professional taxes, labour welfare fund, loans, EMIs, etc.
  • Automated Payslips
  • Slab allocation as per the CTC
  • Preview payroll before final run
  • Paperless and hassle-free functioning
  • Seamless integration with other HRMS modules like attendance and leaves, etc.
  • Fully automated HRMS solution with availability on-cloud.
  • Organizational size adjustable
  • Zero ambiguity
  • Dedicated managed services

SHRMpro is designed to stay relevant to the organizational needs of running an impeccable, error-free payroll for companies of all pursuits and sizes. HR teams are sure to have comfortable time with handling most critical to the easiest of issues with an all-inclusive HRMS solution known for its Payroll Management solutions par excellence. You need to use it to believe it. Call for free demo today!

SOURCE: What is Payroll Management System?


About Aarushi Sharma Senior     Human Resource Executive

210 connections, 10 recommendations, 637 honor points.
Joined APSense since, June 6th, 2019, From New Delhi, India.

Created on Aug 1st 2019 07:33. Viewed 74 times.

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