Payroll Management
System It manages employees payroll connected
tasks that had been a huge job within the
manual time unit management era.
 With mistreatment this module, machine-
controlled process of worker pay has become
attainable.
 The code processes the pay by aggregation
knowledge of employee’s time and attending,
performance, withholding, taxes and
deductions.
 For generating pay cheques of staff, users of
this code area unit solely to transfer employee
data into the information of the applying.

 Then, the remainder is managed by the
code itself, thereby lowering the time-
consumption.
 For generating pay cheques of staff,
users of this code area unit solely to
transfer employee data into the
information of the applying.
 Then, the remainder is managed by the
code itself, thereby lowering the time-
consumption.

Time-sheet Module
 This module is popularly called time
period Module.
 This helps manage project-wise time
accounting for workers.
 In a word, recording potency metrics
and doing analysis area unit the most
functions of this module.

Appraisal Module
 The most perform of this module is to
trace and record the contributions of
staff to their organizations in a much
outlined amount.

Recruitment & Resume
Manager Module
 This module is additionally invariably
called Talent Management Module.
 This module identifies potential
candidates, conducts interviews on-line,
selects and recruits candidates through
company defined accomplishment
principles.

Self-Service Module
 This module permits staff to access
information wherever they'll advocate
their queries to the time unit department
concerning any issue, like leave
application, loan request standing, etc.

HRMS Module
 Managing employee-wise information
comes below the scope of this module.
 It manages the information of
employees' profiles, their salary,
retirement information and everyone
those information that area unit vital for
a company.

Automated Human Resource
Management
 Automated service of this human resource
management code has eased the
workloads of all time unit departments.
 Totally different modules of this code work
otherwise.
 Users can have a feel of operating
alongside Associate in nursing time unit
govt. World Health Organization can guide
all the means through.
 Corporations will customize the options of
the code in accordance with their desires
additionally.

Payroll Important Aspect
 Payroll is a fundamental and important
aspect of human resource for most
companies, the process whereby the all the
financial records of every employee is
complied and processed, their salaries
distributed accordingly to them for the work
they have completed.
 Workers need to be paid both on time and
accurately for their services provided and
as such, it is crucial to use the right and
most suitable payroll management
platform.

Small and Medium Enterprises
(SMEs)
 For small and medium enterprises (SMEs), this
may seem like a simple task to undertake, since
the headcount is usually fewer than 50 and
thus, relatively manageable.
 However, more often than not these small
businesses only have several employees under
the dedicated HR department, and with other
administrative duties at hand, the staff members
may not have the time or capabilities to handle
payroll functions.
 As most SMEs have to deal with rising business
costs and the tight labor market (i.e. lack of
deployable manpower and other manpower
constraints), business owners are not in the
position to hire new staff to focus solely on
ensuring wages are paid punctually.

What is a payroll management
system and how does it work?
 Payroll management system is a
platform that helps to consolidate daily
payroll tasks on a simple user interface,
with minimal manual keying in of payroll
information.
 This includes the tracking of working
hours, salary calculations, distribution of
wages to staff members, filing of
employee taxes, deductions, payment of
employment taxes to the government,
etc.

 The platform / software will automatically
compute the data and present the
results in complete reports for
companies’ year-on-year reviews and
repository for future reference.
 As for taxes, the system usually informs
the business owner of taxes due and
compliance of regulations through timely
reminders – an effective and efficient
manner of supervising payroll matters.

What is cloud-based
SaaS? Many enterprises are opting for SaaS
(Software as a service) cloud-based payroll
management platforms. While there are other
options such as installing software in company
servers, and outsourcing to external parties to
manage the payroll duties, companies are
increasingly using SaaS platforms that are
hosted centrally as they are able to harness
the capabilities of cloud to provide SMEs
scalable opportunities to carry out major HR
operations for their businesses. Cloud-based
SaaS also allows business owners the
freedom to process payroll according to their
companies’ needs and practices.

Factors for choose SaaS
 Compatibility – Check if the online payroll
systems are compatible with existing software
on company servers as well as the overall
business structure – most cloud-based payroll
avenues allow clients to test trial the products
before purchase, to better understand the
systems.
 Credibility – Do substantial research
beforehand, learn about the various platforms
available in the market, before conducting an
in-depth comparison across the different brands
and making an informed decision.

 Customization – With direct access and control of
the payroll, it is important to select a platform that
allows for customizable cloud computing ensuring
flexibility and system growth.
 Cover – The payroll management platforms
should cover basic standard security measures
such as password protection, disruption
prevention, regular data backup procedures –
these ensure that company and employee
information is always kept confidential.
 Cost – Refers to the business size (in terms of
operations, company employment strength, HR
department staff numbers) and the various payroll
duties that need to be handled manually and those
that can be completed digitally – these will
determine the type of system necessary to
manage all the payroll tasks smoothly.

Conclusion
 While outsourcing is an option readily available
to the SMEs, it would only add on to the already
substantial costs that SMEs have to deal with.
 To keep costs low, a growing number of
business owners prefer to manage the payroll
tasks themselves – and with good reason.
 Payroll management platforms are increasingly
sophisticated and comprehensive, having all
the necessary features and little-to-none
maintenance and updates to be settled by the
user.
 Simply key in the necessary information as
provided by the employee and allow it to collate
the data and deliver meaningful and xyz reports
for viewing and storage.