Ascertaining the compensation for the workforce, calculating various factors and components included in the pay scale, dealing with the statutory compliances and issuing the pay electronically consumes most of the time of the and HR department and continual and repetitive process.

Once the pay components are defined in the process, Exenta HRMS simplifies this job using inputs from attendance module and approved overtime. Exenta HRMS Payroll completely eliminates month end drudgery on pay processing and makes it totally process oriented and error free, and can be managed from corporate office for all its offices distributed geographically.

payroll

Configuration and Processing the Payroll

Exenta HRMS Payroll is integrated with Exenta HRMS Attendance and Leave Module providing the convenience and comfort of automated monthly compensation calculation eliminating human error. The components of pay structure and formula can be defined based on grades or for each individual separately. The deductions to meet statutory compliance (various taxes governed by federal and central governments or local self governing units), adjusting advances and loans are also defined in the process.

Reimbursements of approved expenses, allowances, arrears after pay revisions, medical and other insurances, additional benefits can be configured in the pay process. Exenta HRMS Payroll is made for global payroll processing and therefore payroll components are configurable to adopt regional rules.

Centralized Pay Calculation and Disbursement

On defining the pay rules for each employee belonging to various offices, pay calculation and day disbursement can be centralized from the corporate office with exclusive control over financial and budgetary utilization.

Automated and Error Free Pay Calculation

Automation of pay calculation eliminates human errors and inadequacy in human interpretation of corporate rules in fixation of pay, as pay calculation can be centralized from the corporate office.

Build Your Own Tax Tables

The tax tables can be built for each regional branch and applied for pay calculation which will not apply globally; office specific or global tax rules can be defined, while executing pay calculation, tax tables mapped of each unit of operation would be considered, expunging worries away.

Pay and Statutory Compliances

Each regional office may have variable statutory compliances governed by the physical location of the office. Electronic or physical submission reports adhering to the agency rules of the location is available with Exenta HRMS Payroll.

Key Features

Managing exit settlements and gratuity is part of the payroll system. The system uses comprehensive rule based pay calculation and it is ideal for organizations having multi country operations. Unlimited pay components are completely configurable to meet custom pay setup meeting the need of organizations.

Period of pay calculation is configurable allowing complete flexibility to meet the variable nature of employees in the organization.

Bulk upload of salary components is possible, which will log inconsistent records for manual processing.

Cumulative salary reports and Income Tax forms can be generated and mailed to respective employees automatically.