Payroll software is a crucial function of any successful organization. Due to a large number of calculations and statutory compliance requirements, payroll needs to be managed efficiently to keep the employee satisfaction high as well as senior management stress free. Payroll indeed it is a office 365 payroll management system, part of HR365 cloud-based hr application suite which is hosted on Office 365 infrastructure.
With Office 365 payroll management you can generate form 16, TDS and PF, pay slips and much more. Choosing the right payroll software can save your time, efforts and increase productivity becoming organization’s unique asset and your best friend. Get accurate salaries out in few clicks, with all the data centrally linked from employee hiring, salary approvals, loans / advances, leave management, expense reimbursement, attendance, tax deductions, declarations, etc..
Office 365 Payroll Management’s Features
- Configurable salary structures with multiple templates
- Virtually unlimited salary components
- Automated payroll inputs
- Automated salary slips
- Automate loans and advances
- Statutory Compliance
- Statutory deductions for Professional tax, PF, ESI and Income tax
- Form 16 generation
- Customizable payroll statement