We know that life can be pretty hectic, especially in the HR department with confusing deductions/allowances, and workdays, and leaves it gets messier to generate salary slips at the end of the month.
Don’t you wish payroll processing become effortless in overall HR chores?
Payroll computations are one of the most complicated HR tasks, according to HR managers. Payroll is time-consuming, and the complex computations lead to a lot of errors, making the process a mess.
An automated payroll management system eliminates human errors, saves time, and allows your company to stay compliant. By automating payroll, you can rest assured that your calculations are accurate and your employees are paid on time. Additionally, you’ll be able to comply with all relevant regulations.
EZHRM software is one such software that is versatile in managing and automating core payroll tasks like calculating salaries with correct allowances and deductions, leaving no space for errors, and ensuring that your employees are always paid on time and in the correct amount. Additionally, EZHRM software can help you manage and automate other important payroll tasks, such as expenses and reimbursements, loans and advances, and TDS deductions. This way, you can free up your time to focus on more important things.
Benefits of using EZHRM’s Payroll Management System
Automatic Payroll Calculations
Automating Payroll calculations with EZHRM will bring down the processing time and errors in the calculations.
- You can create multiple salary structures
- Manage salary revisions and incentives
- Pay the salary directly from the Software to the employee’s bank account
- Manage TDS deductions
- Generate Salaries with a single click
- Manage overtime and other salary adjustments
Expense and Reimbursement Management
Using EZHRM’s expense and reimbursement system, you can avoid surplus expenses and create an expense approval chain.
- Reimburse the travel expenses based on kilometers traveled
- Set a max limit for each employee for approving reimbursement
- Set hierarchical approval procedures
- Validate expenses through bills and receipts uploaded by the employee
Loans and Advances Management
Using EZHRM’s loans and advances management system, you can enable your employees to apply for loans and enjoy concessional or interest-free loans and advances.
- Manage EMIs
- Track Loans
- Automatic EMI deductions
- Transparency to employees about outstanding loans
Statutory Compliances
Using EZHRM software, create multiple Salary structures and ensure that you stay out of trouble maintaining different statutory compliances.
- Create Multiple Salary Structures
- Statutory Compliances adhere to Govt. Norms
- Allowances and deductions according to your company policies
- Calculate PF, ESIC, LWF, HRA, etc.
Automating payroll is a wise investment for any company. It will not only save your time and money, but it will also give you peace of mind. So, Contact us today at 7056321321 and automate your Payroll Management with EZHRM. Sign up here and use a 30 Days free trial Account.