Employee Records & History
Employee Records
Our Payroll Management Solution allows easy entry and bulk import of Employee Records. Each employee record has a wealth of information on Personal, Organizational, Professional, Statutory and banking information. Change log of critical data like transfers, promotions etc. is maintained as events.
Employee History
Events can be used to build up the employee history. Data input on a monthly basis is easy as our payroll solution can bulk import all the data needed to run Payroll from excel reducing time necessary to run, verify and finalize payroll for that month.
Salary Administration
PayMan has comprehensive functionality to support equitable and systematic Salary Administration.
PayMan can be parameterized to assign Salary components based on grade, Location and Employment type. Salary can be administered based on a CTC structure or on a Basic structure based on the company's preference.
The Statutory settings for PF, ESI, PT and IT can be made at the company level. Individual preferences can be set to override the global settings.
Salaries can be entered from a screen or bulk imported from excel. Salary change log is maintained and the salary history of an employee is built up over time.
Attendance
Our Payroll solution has comprehensive functionality to support attendance capture. Organizations can choose to enter or upload monthly attendance summary or input time recorder data. PayMan will generate daily and monthly attendance by analysing the recorder data.
Time based rules like late coming, early going, overtime, weekend & holiday bonus etc. can be detected and applied automatically. Overtime can be calculated accurately. Approvals for Overtime, condoning of late coming or early going are supported. The time module produces the monthly attendance which is used by the Payroll module.
Our payroll management solution provides comprehensive support for statutory deductions and returns. Provident fund calculations allow selection of salary components, standard contribution rates, custom rates, VPF and various computation practices. Files to be uploaded to the PF department's portal are generated in the PF ECR format in addition to various returns that are to be submitted in hardcopy.
ESI calculations allow selection of salary components & standard contribution rates. Files to be uploaded to the ESI department's portal are generated in addition to various returns that are to be submitted in hardcopy.
PT calculations allow selection of salary components. Contribution rates for various states can be set up. Returns that are to be submitted in hardcopy are generated.
Leave Management
Our Compensation Management Solution has powerful leave management tools to support unlimited leave types with varying accrual rules, automatic accrual calculations, attendance, authorized online access to status on leave applications reject, refer & approvals.
Import
PayMan allows bulk import of all data that you need for a payroll run. New employee data, updated data for existing employees, resignations, new salaries, salary changes, non-regular allowance & deductions, attendance, leave data, data from time recorders and more can be imported easily making payroll cycle fast.
Loans & Stop Salary
Loans
Our Payroll Management Solution has comprehensive functionality to support Loans & Advances. Multiple Loan types can be defined and Loan limits can be set by grade. Loan applications can be entered into the system and send them through the approval process using HRFlow.
Our Payroll Management Solution is fully integrated with our Employee Self Service portal and approvals can be done either within Payroll or in the ESS. Once approved automatic EMI deductions are made from Payroll. Loan status can be displayed in Payslip. If external creditor agencies have provided loans to the employees, EMI reports can be provided to the creditor.
Stop Salary
PayMan supports stopping salary payments to any employee. This is normally done if an employee is absconding. The payroll module does not consider the employees in the stop salary list during a payroll run. However they show up in some MIS reports so that the salary bill for the month is accurate.
Comprehensive Reports
The module presents feature that provides a convenient way for the employees to interact with their managers and access database with necessary authorization.
Payroll generation is time bound with most companies allocating 5 days for processing it. Within that time it has to be accurately generated, verified, approved and sent to the bank. 247HRM allows you to do this and more at the click of a button so that you can focus on revenue generating activities
ABOUT 24 7 PayMan
24 7 PayMan is a comprehensive Payroll management solution that maintains salary information and settings, taking inputs from various sources and produces 100% accurate Payroll. It helps build Employee morale & satisfaction & enhances the Company’s Image and brand. Our Payroll system produces extensive reports that satisfy internal and external requirements
1 Lakh Employees
Over a lakh employees experienced the ease of using our user-friendly HR system.
REQUEST DEMOOUR PRICES
247HRM PAYMAN
₹999*per Month
> DATA EXPORT TO EXCEL
> LEAVE & LOAN MANAGEMENT
> ATTENDANCE MANAGEMENT
> MIS REPORTS
OUR CLIENTS
TESTIMONIALS
REQUEST FREE DEMO
CALL US TODAY63018 54192
CORPORATE OFFICEBANJARA HILLS, HYDERABAD
EMAILINFO@BESTPAYROLLSOFTWARE.IN
Corporate Office (Hyderabad)
Indra Dhanush Complex, Road No. 2, Banjara Hills, Hyderabad – 500034 India
+91-40-64547447
Toll Free: 1800 3000 6279
info@bestpayrollsoftware.in
Mumbai Office
B03, Swami Charan, Plot No. 29A,Sector-6, Airoli, Navi Mumbai- 400708
mumbai@bestpayrollsoftware.in
Pune Office
Office No. 112, D Wing , Siddhi -Nisarg, Hinjewadi Ph-1 Road, Wakad, Pune, Pin: 411057
pune@bestpayrollsoftware.in
Bengaluru Office
#581, 30th Main, Survey No 17, Kathriguppe, Banashankari 3rd Stage Bangalore – 560085, India
bengaluru@bestpayrollsoftware.in
Vizag Office
47-3-22 Dwarakanagar, Visakhapatanam, Andhra Pradesh- 530016
vizag@bestpayrollsoftware.in