Payroll

A complete solution for Payroll with Dynamics 365 Business Central

People being the most important part of any organization and managing them is crucial part as it not only requires huge database but also an accurate processing of that database. The payroll run is a critical element in bringing together different aspects of HR practices, including appraisal outcomes, benefits, compensation and incentives.

This in turn helps drive employee motivation and retaining talent, which undoubtedly plays a central role in every organization's growth.

BENEFITS:

* One Stop HR solution:

* Data Analysis & Decision making Insights:

* Be on top with latest Technology:

* Caters to changing business needs:

FEATURES:

* Manage Employee Data and store complete records as per organizational requirements.

* Manage Documentation

* Ensures all compliances related tasks are accurately conducted from system as per Gvt laws.

* Easy integration with biometric system for efficient attendance management.

* Employee Leave & Absence Management via system.

* Attendance Regularization provision for employees with approval cycles.

* Create different leave plans and assign to employees as per leave policy.

* Setup Holiday calendar location wise.

* Leave Encashment calculation done by system and settled in Salary or F&F.

* Manage loans for employees with or without interest calculation.

* Dimension wise salary analysis. (e.g.-cost center & profit center wise salary)

* Manage Employee Grades by creating separate salary structures based on Gross input as per company policy.

* Reward employees to attract them and retain top talent in form of extra component.

* Run payroll in minimalistic number of steps.

* Calculation & pay out of Arrears within Payroll

* Calculation & deduction of TDS as per the declarations entered for each employee based on the regime selection.

* Generate payslips online with a thorough breakdown of taxes, allowances, and deductions.

* Systematic employee exit management.

* Full & Final settlement can be processed from system in the form of unpaid salary for number of days worked by employee since his resignation date and his last working day.

* Performance Management System to ensure the KRA/KPI of employees are evaluated and reviewed.

* Ease of recruitment process covering the lifecycle of finding and hiring new employees.

* Raise Manpower Requisition Forms from the system with all details for the HR Team.

* Ability to add attachments to candidates for recording personal & academic documents.

* F&F Processing takes care of the Asset Return/Settlement by Employee.

* Setup helpdesk portal where employees raise their queries resolved by the responsible persons in the organization.

* Training Session Management of the employees comprises of training and event management followed by training assessment / feedback.

* Generates all statutory and MIS Reports.

* Empowers employees with ESS (Employee Self Service Portal).

* Bonus can be auto calculated based on Minimum Wages of each employee’s skill.

* Manage Employee Expenses by setting up the Expense Policy as per the organization’s grade policy.

* Over Time calculation based on Payout or Comp Off accrual based on the company policy.

* Pay Advances to employees and have them adjusted in the same month’s salary.