payroll processing
Payroll software is available to make your life as a Payroll Manager as simple as possible. You need to be confident that your Payroll system will include all of the tools you need to ensure that your company pays your staff accurately and that your organization remains compliant with current payroll legislation
Content
Remunance Systems
PAYROLL SOFTWARE
What Is Payroll System?
•
An automatic Payroll process helps you comply with
legal and tax requirements and simplifies the process
of paying your employees
•
Payroll software is available to make your life as a
Payroll Manager as simple as possible. You need to be
confident that your Payroll system will include all of
the tools you need to ensure that your company pays
your staff accurately and that your organization
remains compliant with current payroll legislation
•
Many employers outsource the payroll function to an
outside vendor or use payroll system software instead
of relying on manual processes.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
About us
We provides bespoke solutions and consulting services ranging from End to End Payroll administration,
Attendance & Leave management to setting up offices in India for businesses abroad.
"Our global clients select us for our domain expertise & knowledge base in our service areas, combined
with a solid technology foundation. Our organization is build around the thought that we are an
extension of our client's facility. Thats is why "We Extend beyond expectation to Excel together".
The mission of Remunance Systems is to provide high quality, reliable, consistent service to its clients
enabling them to dedicate focus and attention on their core activities and at the same time harness the
benefits of availing the expertise in specific business domain."
Automated Versus Manual Payroll System
AUTOMATED PAYROLL
SERVICE
•
•
An automated payroll
Service enables the
employer to process its
payroll through a
computerized system.
Makes payroll processing
simpler, and reduces errors
MANUAL PAYROLL SYSTEM
•
A manual payroll system requires
that the payroll be processed by
hand and is therefore a
considerably slower procedure
than an automated system.
•
Payroll processing is a Complex
task and most likely to cause
errors.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Payroll Software Pros
•
Payroll calculations can be completed in a fraction of
the time
•
Year-end reporting is also usually automated, and
both pay slips and annual reports are archived in
case copies are needed later
•
Using basic payroll data, together with data on
attendance and hours worked, payroll systems can
provide a wealth of reports.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Landscapes Of Payroll Software
•Time-keeping
•Payment
Transportation
Calculation
•Deduction
Calculation
•Record-keeping
Time-keeping Transportation
•
Allows the employer to import time
clock data into payroll software.
Specifically, the employee uses a
swipe card or badge, or the hand print
or fingerprint method, to clock in and
out. Once the entries are transported
into the payroll software, the software
computes the time worked.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Payment Calculation
•
The automated system performs all types of
payments: hourly, overtime, double-time, salaries,
commissions, bonuses, pay raises, retroactive pay,
wage deductions, auto payments and tuition
reimbursements
•
Notably, the automated system eliminates manual
paycheck writing. The system automatically generates
paychecks and stubs and enables direct deposit
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Deduction Calculation
•
Salary and wage deductions are a necessary part of
payroll processing
•
With an automated payroll system, the software
has the tax rates hard-coded in the system. It
calculates the withholding tax for each employee
based on the withholding conditions data input.
This reduces the likelihood of payroll tax errors,
which can result in fees from the Internal Reporting
System and the state taxation agency.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Record-keeping
•
The Internal Reporting System requires employers
to keep employment tax records for a minimum of
four years
•
The manual system requires filing the necessary
payroll data by hand, which consumes time and
increases clutter. Payroll software generates and
stores payroll and employment tax data.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Supremacy Of Payroll Management System
•
Manage Employee Information Efficiently.
•
Define the emoluments, deductions, leave etc.
•
Generate Pay-Slip at the convenience of a mouse
click.
•
Generate and Manage the Payroll Processes
according to the Salary Structure assigned to the
employee.
•
Generate all the Reports related to employee,
attendance/leave, payroll etc.
This •Presentation
is Brought
to You By REMUNANCE : PAYROLL SERVICE PROVID
Manage your
own Security
Need A Demo?
Contact Us
11 - Erandawane Phatak Park,
Off Karve Road Pune - 411004, India
Talk to us:
• Pune : + 91 99229 37385
• New Delhi : + 91 78383 15525
• Ahmedabad : + 91 95525 87175
•Mumbai : + 91 95525 80072
•Bengaluru : + 91 90008 77568
•Hyderabad : + 91 90008 77568
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
You Can Reach Us Through…
Want To Part Of Our Organization Then Visit Our Career Page…
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
THANKING YOU
s Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PRO
PAYROLL SOFTWARE
What Is Payroll System?
•
An automatic Payroll process helps you comply with
legal and tax requirements and simplifies the process
of paying your employees
•
Payroll software is available to make your life as a
Payroll Manager as simple as possible. You need to be
confident that your Payroll system will include all of
the tools you need to ensure that your company pays
your staff accurately and that your organization
remains compliant with current payroll legislation
•
Many employers outsource the payroll function to an
outside vendor or use payroll system software instead
of relying on manual processes.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
About us
We provides bespoke solutions and consulting services ranging from End to End Payroll administration,
Attendance & Leave management to setting up offices in India for businesses abroad.
"Our global clients select us for our domain expertise & knowledge base in our service areas, combined
with a solid technology foundation. Our organization is build around the thought that we are an
extension of our client's facility. Thats is why "We Extend beyond expectation to Excel together".
The mission of Remunance Systems is to provide high quality, reliable, consistent service to its clients
enabling them to dedicate focus and attention on their core activities and at the same time harness the
benefits of availing the expertise in specific business domain."
Automated Versus Manual Payroll System
AUTOMATED PAYROLL
SERVICE
•
•
An automated payroll
Service enables the
employer to process its
payroll through a
computerized system.
Makes payroll processing
simpler, and reduces errors
MANUAL PAYROLL SYSTEM
•
A manual payroll system requires
that the payroll be processed by
hand and is therefore a
considerably slower procedure
than an automated system.
•
Payroll processing is a Complex
task and most likely to cause
errors.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Payroll Software Pros
•
Payroll calculations can be completed in a fraction of
the time
•
Year-end reporting is also usually automated, and
both pay slips and annual reports are archived in
case copies are needed later
•
Using basic payroll data, together with data on
attendance and hours worked, payroll systems can
provide a wealth of reports.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Landscapes Of Payroll Software
•Time-keeping
•Payment
Transportation
Calculation
•Deduction
Calculation
•Record-keeping
Time-keeping Transportation
•
Allows the employer to import time
clock data into payroll software.
Specifically, the employee uses a
swipe card or badge, or the hand print
or fingerprint method, to clock in and
out. Once the entries are transported
into the payroll software, the software
computes the time worked.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Payment Calculation
•
The automated system performs all types of
payments: hourly, overtime, double-time, salaries,
commissions, bonuses, pay raises, retroactive pay,
wage deductions, auto payments and tuition
reimbursements
•
Notably, the automated system eliminates manual
paycheck writing. The system automatically generates
paychecks and stubs and enables direct deposit
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Deduction Calculation
•
Salary and wage deductions are a necessary part of
payroll processing
•
With an automated payroll system, the software
has the tax rates hard-coded in the system. It
calculates the withholding tax for each employee
based on the withholding conditions data input.
This reduces the likelihood of payroll tax errors,
which can result in fees from the Internal Reporting
System and the state taxation agency.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Record-keeping
•
The Internal Reporting System requires employers
to keep employment tax records for a minimum of
four years
•
The manual system requires filing the necessary
payroll data by hand, which consumes time and
increases clutter. Payroll software generates and
stores payroll and employment tax data.
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
Supremacy Of Payroll Management System
•
Manage Employee Information Efficiently.
•
Define the emoluments, deductions, leave etc.
•
Generate Pay-Slip at the convenience of a mouse
click.
•
Generate and Manage the Payroll Processes
according to the Salary Structure assigned to the
employee.
•
Generate all the Reports related to employee,
attendance/leave, payroll etc.
This •Presentation
is Brought
to You By REMUNANCE : PAYROLL SERVICE PROVID
Manage your
own Security
Need A Demo?
Contact Us
11 - Erandawane Phatak Park,
Off Karve Road Pune - 411004, India
Talk to us:
• Pune : + 91 99229 37385
• New Delhi : + 91 78383 15525
• Ahmedabad : + 91 95525 87175
•Mumbai : + 91 95525 80072
•Bengaluru : + 91 90008 77568
•Hyderabad : + 91 90008 77568
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
You Can Reach Us Through…
Want To Part Of Our Organization Then Visit Our Career Page…
This Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PROVID
THANKING YOU
s Presentation is Brought to You By REMUNANCE : PAYROLL SERVICE PRO
