Payroll Outsourcing

Published on June 2016 | Categories: Documents | Downloads: 45 | Comments: 0 | Views: 238
of 27
Download PDF   Embed   Report

Comments

Content

Intersoft International Private Limited

ABOUT US


For over 12+ years Intersoft has been delivering Human Resources software solutions for organizations of every size & type. myHRSuite is all we do and we know how to do it right.

ABOUT US


Feature-rich and easy to use, myHRSuite offers the same comprehensive and robust features, for a fraction of the cost, of more expensive HR software systems.

ABOUT US


myHRSuite has grown along with the requirements of Indian HR. As Indian HR has grown from being an after thought to being the soul of most companies, myHRSuite has kept up to meet the ever expanding HR Software requirements of our fast growing nation.

Product and Services

     

HrSuite
Pay Roll Income Tax Bio-Metric Integration HrMan Employee Self Service Portal Appraisal




Services
Pay Roll Outsourcing

Clients- Years

• • • •

Hospitals
Global Hospitals (7) RainBow (5) Indo US (1) Aware Global (7)


• • • • •

Retail
Neerus (2) Benfranklin(3) Kalanikethan (1) Celkon (1) Centro (1)


• • • • •

Infra & Construction
Aparna Constructions (6) GKC (4) Totem (5) Jana Priya (1) GVK (12)


• • • •

Manufacturing
Tm Tyres (3) Thermo cable (6) TKH (5) Andhra Polymers (10)




Century Fibre Plates Pvt. Ltd. (6)
Normak (2)


• • • • • •

IT
Silicon (10) Locuz (12) Solix (1) Zolon (9) Polaris Associates (3) Business Integrated Solution (2)


• • •

Automobile Industry
Harsha Toyota (2) Mithra Agencies (6) Hyundai R&D


• • •

Media
Maa TV (8) N TV (4) I News (3)

HrSuite Advantage
Proven Product with 12+ years of research  Domain knowledge gathered from leading industry experts  Successfully running at multiple locations all over India  100 % Success rate in Implementations  200+ Clients in all over India


Features
        

Employee Record Salary Administration Leave Management Loan Management Attendance Bio Metric Integration Insurance Mediclaim PF and ESIC Reporting Module

      

Document Management Skill Management Letters Generation IT Planning Online Leave Management Appraisal Salary Budgeting

MyPayMan



Payroll is an important activity in any organization. With Intersoft Payroll it is possible to maximize the potential of HR and Accounts through timely and accurate Salary Processing, efficient handling of Loans & Advances, Leaves and statutory requirements including all PF and ESIC challans and TDS.

Employee Records


At the heart of your personnel system is the employee record. Simply Personnel centralizes on employee records within one easy to use window, so it's quick to locate, update and view key employee details. Within Simply Personnel the employee record provides you with quick access to key information.



Employee Professional Details • Employee Personal Details • Employee Payment Details


Salary Administration
Defined as a method of administrating employees’ salaries in the organizations. The process consists of calculation of salaries and tax deductions of the employees, administrating the retirement benefits and disbursements of salaries to employees. It can also be called as an accounts activity which undertakes the salary administration of employees in the organization.  A large measure of the Compensation team’s expertise surrounds salary administration, or the review of salaries across the organization. (Actual compensation issues such as pay cheque enquiries, deductions, or changes to personal or employment information are handled by Company Finance’s Payroll unit.  The goal of salary administrations to provide an equitable and systematic means of compensating its various categories of employees in relation to their assigned duties and responsibilities and, as much as possible, recognize differences in individual performance levels. Further salary administration practices and compensation levels be competitive with those in like organizations for comparable job categories.


Salary Administration
 Methods
• • •

CTC Gross Component wise

 Salary
• • •

Employeement Type Grade Location

Components Define based on below

Leave Management


Leave management is one of the most important of all HR processes. Monitoring and approving leaves of employees manually, is not only time consuming but also requires manpower. With a high demand on resources, these processes required automation that will result in improved efficiency and one that will enforce leave policies specific to the organization. Define Leave Types Leave Accrual Monthly or Yearly Leave Accrual Formula Based Leave Encashment Bifurcate Employment and Grade wise

• • • • •

Loan Management


If your organization provides employee loans, manage employee loan policies and their entitlement based on different parameters. Employees can request loans, which are then reviewed and approved, and converted to loan agreement which include terms of payment and the life of the loan. Loan payments are processed automatically through the payroll at the end of each pay period. It can manage advance through the same process.

Define Loan Types • Bifurcate Grade wise • Maxi Mize Loan Amount and No of Installments • Auto Deduct EMI from Salary


Attendance Management


Attendance Management is a critical process as it ensures that its human resources arrive to work on-time, put in the expected amount of productive working hours and only leave work at the duly stipulated timing. This process can come in various forms, from simple manual data-entry in Excel files to time clocking and calculations automation. A good Attendance Management system would be one which is able to automate the tabulations of staff time clocking, calculate working hours and interface with payroll, requiring minimal human resources to achieve this objective. It will generates reports when required, allowing assessments and information to be readily available.



Attendance Integration Bio Metric






Manage your companies time and attendance and improve productivity with Time & Attendance from Simply Personnel. Owned by Simply Personnel, Time & Attendance allows you to free yourself from the administration and focus on running your business. Time & Attendance will save you money every month.

Statutory
PF  ESI  Professional Tax  Bonus  Exgratia  Gratuity


Provident Fund


A fund into which the employer and the employee both pay money regularly, so that when the employee retires or leaves the company, he or she receives a sum of money Salary Component wise PF define Define PF calculate on 6500 cut off or Actual Employee Contribution Employer Contribution Customize PF

    

ESI


The promulgation of Employees' State Insurance Act, an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of wages or earning capacity. the Act also guarantees reasonably good medical care to workers and their immediate dependants
Salary Component wise ESI define Employee Contribution Employer Contribution

  

Professional Tax
 

Profession Tax is a State level Tax in India on Professions,Trades, Callings and Employments. This tax is paid by every employee working in Private organizations.The tax is deducted by the Employer every month and remitted to the Municipal Corporation Salary Component wise PT define Auto Deduct from Earned Salary State wise slabs define

  

Bonus
Additional compensation given to an employee above his/her normal wage. A bonus can be used as a reward for achieving specific goals set by the company, or for dedication to the company.  A subsidy from a government to an industry.


Gratuity


 

Gratuity is a part of salary that is received by an employee from his/her employer in gratitude for the services offered by the employee in the company. Gratuity is a defined benefit plan and is one of the many retirement benefits offered by the employer to the employee upon leaving his job. An employee may leave his job for various reasons, such as retirement/superannuation, for a better job elsewhere, on being retrenched or by way of voluntary retirement. Monthly Basis generate report for Liability Provision Auto Calculate at the time of Final Settlement


• • • • •

Leave Management
Define Leave Types Leave Accrual Monthly or Yearly Leave Accrual Formula Based Leave Encashment Bifurcate Employment and Grade wise


• • • •

Loan Management
Define Loan Types Bifurcate Grade wise Maxi Mize Loan Amount Maxi Mize No Of Installments


• • • • •

Reports


• •

Reports

Yearly Balance Leave Accrual Yearly Availed Leave By Date Monthly Availed

Pending Loans Closed Loans


• • •

Employee Record
Employee Professional Details Employee Personal Details Employee Payment Details



• •

Salary Administration
Methods
CTC Gross Component wise

Reports: Employee Master Data New Joinees Report




• • •

Salary Components based on below
Employeement Type Grade Location

THANK YOU

Sponsor Documents

Or use your account on DocShare.tips

Hide

Forgot your password?

Or register your new account on DocShare.tips

Hide

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close