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?

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About Aarushi Sharma Senior     Human Resource Executive

212 connections, 11 recommendations, 640 honor points.
Joined APSense since, June 6th, 2019, From New Delhi, India.

Created on Aug 1st 2019 06:33. Viewed 458 times.


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