Payroll Management Software

What is Payroll Software?

Payroll Software is the unique software developed for HRs and payroll professionals to manage the salary of employees. Managing payroll in Indian businesses is a complex and multifaceted process. It involves the intricate calculations of gross compensation, net salary, provident fund (PF) disbursements, professional tax payments, tax deduction at source (TDS), and various other components integral to an employee’s paycheck.

Often, a substantial amount of manual labour is invested in these tasks, which not only increases the potential for errors but also places a considerable burden on labor resources.

This reduces the human effort and almost every process is done in a single click. Only the need is to enter a few basic details of the employee.

How Does a Payroll Software work?

A Payroll Software (PMS) automates the process of paying employees. It collects employee data, calculates salaries, other deductions, generates paychecks, and ensures compliance with labor laws and tax regulations.

There are also some unique features that make it more valuable and worthy to be used in any setup. This software for payroll can calculate the salary in the manufacturing units or production units where salary is calculated on the basis of no. of products made by an employee or where there is a policy of salary on Piece-rate.

Streamline Processes With The Best Payroll  Software in India

Our automated Best Payroll Software in India simplifies your payroll procedures, minimizes errors, and enhances the overall employee experience. It significantly reduces processing time, guarantees compliance, and delivers accurate paychecks by efficiently managing time, taxes, and compensation within a single, integrated solution. Gain real-time visibility and comprehensive insights into your payroll data to make informed strategic business decisions. Our payroll management software solution is comprehensive, user-friendly, and cost-effective. It eliminates the complexities of manual payroll calculations and centralizes payroll generation for multiple branches or locations within your organization.

The Star Link payroll management system can also calculate the salary on a daily-wages basis & linked the database with biometric attendance software.

However, the settings of Payroll Software can be changed according to the requirement. There is the option of Dynamic Date setting, which defines the date from which the report is generated. (For ex: 1-30 of a month or 25-24 or whatever date the user wants to fix).

Furthermore, another feature is the Policy of Formula Setting for salary, which allows the user to add or deduct some additional amount by simply changing the formula depending. The formulas can be implemented as a whole for a department or section or a team or even between employees (based on your Policies).

Key Benefits of Payroll Software:

1. Cost-Effective: Taking control of your payroll management with our software offers the potential for substantial cost savings compared to professional payroll services.

2. Time Savings: While managing payroll in-house requires additional time and resources compared to outsourcing, our payroll software streamlines every aspect of the payroll process through a range of automated features.

3. Error Prevention: Manual payroll management is susceptible to errors, but with our payroll software, the likelihood of such mistakes is greatly reduced.

4. Enhanced Security: Managing payroll in-house with our software eliminates the uncertainty associated with sending sensitive employee information to a third party.

Request A Demo

Web Payroll SystemDownload A PDF
Window Payroll SystemDownload A PDF

Web Payroll SystemDownload Report Set
Window Payroll SystemDownload Report Set

View Online Demo at:-

• Payroll Management System for the policy set up – Online Demo
• Payroll Management System for multiple operations – Online Demo
• Payroll Management Software for Salary Reports – Online Demo
• Window Payroll Software | Setup | Part 1
• Window Payroll Software | MULTIPLE OPERATION | Part 2
• Window Payroll Software | REPORTS | Part 3

Key Features of Payroll Management Software Include:

• Monthly payroll processing, pay slips, salary advice, EOBI statements, and provident fund management
• Loan transaction management, loan deductions, gratuity calculations, and expense claim reimbursement
• Reports generated like – PF, Salary slip, Salary register, ESI, Loan Advance, Arrear, Full& Final,
• Configurable allowances and deductions with various payment frequencies
• Comprehensive tracking of quarterly, half-yearly, and yearly allowances
• Salary structure configurations, allowances, and deduction setups
• No- requirement for an additional entry for employee master
• Expense claim settlements integrated with monthly payroll
• Support for multi-currency and multi-branch operations
• Currency-specific payroll splits for individual employees
• Fully automated with a time attendance machine
• Fully linked database with time office software
• In-built compliance-related reports & data
• Employee-specific master payroll records
• Group and user-based payroll generation
• Graphical and tabular reporting options
• Online PF & Esi challan submission
• Salary head as per requirement
• Formula set-up for salary heads
• Single click salary processing
• Robust security features

Reimbursement Reports:-

• Loan & Advance
• Arrear and Bonus Reports
• Master Reports
• Piece Information

Statement:-

• Over Time Statement
• Gratuity
• Leave Encashment Statement

Payroll Software Requirement:-

• Processor – P4 & above
• RAM – 2GB min
• Hard disk – 20GB
• Operating System – WindowsXP and above