payroll management software solution
TRANSCRIPT
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An Ultimate Payroll SolutionPayroll Insights
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Introduction① Payroll Insights in developed using latest
Microsoft .Net Technology② End to End solution for automating Payroll Process③ Live at 200+ Big organizations (BPOs, MNCs,
Manufacturing Units, Outsourcing Companies etc.)④ More than 2.5 Lakh employees processed on
monthly basis⑤ Integrated with all major ERP solutions⑥ Support data import & export from MS-Excel⑦ Help you in maintaining 100% statutory
compliances⑧ Provide you real time access to Payroll Analytics
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HighlightsPayroll Insights
Multiple financial
years2011-20122010-20112009-20102008-20092007-20082006-2005
….
empowering users
unlimited number of users
Unlimited number of EmployeesH.O
Plant Branches
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Integration
IntegrationWith 3rd Party HRMS Solution
IntegrationWith 3rd Party ERP Solution
Interfacing with3rd Party
Return Utilities (Webtel/NSDL etc.)
Attendance DATA
Rules & Policies
Enterprise ESS1. Profile Viewer, Update
my info,2. Investment
Declarations, Payslips, Tax Sheets and other reports,
3. Policy Documents, 4. Leave Application &
Approval, eMail Notifications,
5. Reimbursements Claims,
6. Loan Application & Approval
7. Attendance Marking from Web
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Inputs
Complete Employee Database Managementat a single point
Import DataFrom Excel
Integration with Attendance Machine
Integration With 3rd Party Solution
Online Inputs from Employee Self Service Portal
User friendly transaction forms
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ProcessingAutomatic Arrear Calculation
Salary
ESI, PF,
PTax etc.
Salary,
Income Tax etc.
Overtime,
Leave &
Attendance
Adhoc Payments Bonus, Refferal, Exgratia etc.
Loan Disbursement & Recovery
Reimbursement Processing
Full & Final Settlements
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Statutory
Professional Tax
Statutory Compliances
Muster Roll
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Reports
“N” number of well formatted excel reports: Bank Transfer Sheets, Salary Statements, Summary Reports, Data Export according to WEBTEL/NSDL format for TDS quarterly returnsData Export for integration with 3rd Party Solutions (Accounting Vouchers)And many more…
Monthly Head Count ReportVariance Report (Previous, Current and Variance)
Employee Movement Report.Yearly Salary & Reimbursement Details
Monthly Summary Report(Department Wise, Location Wise, Designation wise etc.)
Pay Reports: Pay Slip(YTD), Salary Statement, Variance, Bank Transfer etc.
TAX Reports: Tax Calculation Sheet, TDS Summary, Form-16 etc.
Statutory Reports: Complete set of ESI, P.F., P. Tax, L.W.F.,TDS reports
100+ Standard Payroll Reports
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Sample Reports
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Pay Slip (with leave details)Company Logo
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Pay Slip (with YTD figures)Company Logo
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Tax Sheet
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Employee Self Service Pay-SlipsTax Sheets
Form 16Reimbursement
SlipsLeave Details
eLeave
Employee Submits Leave
Application
Manager Reviews the Application Manager can
reject the Application
Manager Approves the Application
InvestmentDeclarations
& Rent Receipts
Online Reimbursement
Claims
Online Loan Applications &
Approvals
Online WebPortal
For Employees
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ConfigurationsUser Defined Salary Structure
CustomizableReports
Formula definition as simple as in Microsoft Excel
Reimbursement Policy (medical, LTA, Telephone etc.)
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Security Configurations
Users • Admin Users• Payroll Users• End Users
(Employee Self Service)
Input Rights• Entry Level
Rights (i.e. Employee addition, deletion, view etc.)
• Import Data Rights
Report Rights• Report
Access Right (i.e. which user can view which report)
• Export Data Rights
Data Access Rights• (i.e. A user
can access only worker’s data or unit-1 data, whereas B can access complete data)
✔ ✗
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Implementation Process
Existing Process Study
Data Collection
for Migration
Proposed Requirement
Gathering
System Study
Data Migration in
Payroll Insights
Installation
Customizations &
Configurations
User Training
Deployment
1st Month Payroll
Processing by Farsight
Training on Live Data
Final Configuration
s
Excel Export Configuration
s
Parallel Run
2nd Month Payroll
Processing by Client with
onsite support from Farsight
UAT Go Live
Telephonic
Support
Remote Support
Onsite support
Product Upgrade
s&
Patches