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Payroll Management Software

Easy To Use Payroll Management Software

Payroll management can be a complex function, as labor laws around payroll can be elaborate and vary from state to state. Overseeing the process can be a time-consuming, tedious task, primarily if you’re relying on outdated tools like Excel to do all the work. Among all HR apps and frameworks, using HR Payroll Software in India will explicitly cater to your expectations and increase your company’s productivity to a high level. Automating the entire set of processes around Payroll is the first step towards streamlining your HR operations and ensuring better statutory compliance.

PeopleWorks Payroll Management Software is intended to help you keep track of all of your employee payments and tax filings. These responsibilities include keeping track of hours, calculating wages, tracking attendance, withholding taxes and deductions, printing and delivering checks, completing direct deposits, paying insurance premiums, and/or paying employment taxes to the government.

PeopleWorks HR Payroll Software is very easy to use, affordable, and can reduce the time spent calculating employee hours, wages, and tax withholdings in the payroll process, especially for small and medium-sized businesses in India.

Payroll Management – Advantages

1

Since the payroll process is automated, the Finance or payroll Team can concentrate on more critical tasks instead of squandering time with the payroll calculation. With a payroll system, it will take a few clicks to get the payslips sorted out for all your employees.
2

As the payroll information of each organization is sensitive, automated HR payroll software provides you with added security to your data by preventing any unauthorized access.
3

With the best Payroll Management Software, you can easily calculate the Loss Of Pay and Take Home Salary or Net Salary with accurate PF, ESI, PT calculation.
4

PeopleWorks Payroll Management Software in India can automatically calculate the Income Tax of every employee. Its automated salary calculator calculates the income tax deductible by considering the Income Tax Declaration provided by employees and deduct Tax Deducted At Source accordingly.
5

Provides your employees access to their payslip records and other details comfortably from anywhere, which brings transparency and high morale. PeopleWorks payroll management software facilitates seamless access to pays and benefits information, fostering a positive and informed employee experience
6

When tax and compliance laws change, cloud-based HR payroll software in India automatically updates the changes, whereas on-premise software must be manually updated. This saves time on research and technical updates while also ensuring that managers and employers have access to critical data.

Features

 

Payroll Module defines, captures and structures various payroll components like fixed, variable, flexi-benefits and deductions during monthly payroll activity.

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Payroll Processing

Quick, flexible & error-free processing. Effortlessly manages all payroll functions from setup to payslip design to earning-deduction formula with maximum flexibility. Streamline your payroll processes for efficient and accurate payroll management.

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Benefits Administration

Level based benefits administered and changes updated as per employee promotion and job role change with PeopleWorks payroll software in India

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Pay Structures

Create a pay structure in alignment with company policies, incorporating level and location-based benefits with PeopleWorks human resources payroll solution.

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Full & Final Settlement

Online approvals from respective departments for quick settlements and information sent to payroll.

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Compliance Management

Manage all statutory filings and payments in accordance with the latest rules and regulations. Stay compliant with updates on PF, ESI, PT, and TDS compliances seamlessly using PeopleWorks payroll management software

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Flexible Benefits Plan

Role and location based benefits plan can be created and updated during annual increments and promotions.

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Income Tax Calculator

Employees can view their income tax calculations online and plan annual investment accordingly. Our payroll services provide a user-friendly platform for employees to access and understand their income tax details, facilitating informed financial decisions.

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Payroll Stimulation

Peopleworks payroll management software has payroll stimulation which will help you to have control check on all calculations and ensures that you process and distribute error-free salary.

FAQ’s

What is Payroll Software?

Payroll software, also known as HR payroll management software automates payroll processes. It simplifies wage calculation, attendance tracking, and tax withholding, enhancing HR operations’ efficiency.

Which is the best payroll management software?

The market offers a number of top-notch payroll management software options, each with unique advantages and features. The best platform is called Peopleworks. The best option will depend on your particular business requirements, your budget, and your ideal set of features.

What kind of reporting and analytics features are available in Payroll Management Software?

Software for managing payroll typically provides various reporting and analytics features to simplify payroll procedures. Among them are adaptable reports that can be used to calculate taxes, calculate employee earnings, and summarise payroll. Furthermore, advanced analytics capabilities allow for trend analysis and compliance monitoring, empowering organisations to make data-driven decisions.

Why choose payroll software?

Because it automates and streamlines payroll procedures, payroll management software is useful for businesses because it reduces errors and saves time. The accurate and effective management of employee compensation is ensured by features like tax calculations, direct deposit, and reporting, making it a great option for companies of all sizes.

Which payroll software is used in India?

Peopleworks is a well-known application for payroll software used by companies in India. These software programmes offer thorough payroll management by automating processes like salary calculation, tax deductions, attendance monitoring, and producing precise payslips for workers.

What security measures are in place to protect sensitive payroll data in the software?

The software uses strong security controls like access, encryption, and authentication protocols to safeguard sensitive payroll data. It implements firewalls and intrusion detection systems to prevent unauthorised access, ensures data integrity through routine backups, and ensures data security. The security framework is strengthened even more by routine audits.

How much does HR Payroll Software like PeopleWorks Payroll cost?

The cost of HR payroll software, such as PeopleWorks Payroll, varies based on specific organizational requirements. For accurate pricing information, please contact PeopleWorks directly for a personalized quote.

What is the main purpose of Payroll Management Software?

Payroll management software, including HR payroll software, is primarily designed to automate payroll tasks. It ensures precise wage calculations, tracks attendance, manages tax deductions, and streamlines payroll operations effectively.

What are the types of Payroll Software?

Payroll software can be categorized into various types, including HR payroll software, cloud-based payroll software, and outsourced payroll services. Each type offers unique benefits and is suitable for different organizational needs.

How is PeopleWorks Payroll different from other Payroll Management Software?

PeopleWorks Payroll sets itself apart by offering user-friendly features, comprehensive payroll processing, and adaptability for small and medium-sized businesses in India. It provides flexible benefits planning, compliance management, and an income tax calculator for a seamless payroll experience.