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
Title LayoutJBGJGJ
Remunance Systems
Payroll Software
1
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 PROVIDER
2
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 Systemautomated payroll
serviceAn automated payroll Service enables the employer to process
its payroll through a computerized system.
Makes payroll processing simpler, and reduces errorsmanual
payroll systemA 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 PROVIDER
4
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 ofreports.
This Presentation is Brought to You By REMUNANCE : PAYROLL
SERVICE PROVIDER
5
Landscapes Of Payroll Software
Time-keeping Transportation
Payment 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 PROVIDER
7
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 PROVIDER
8
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 PROVIDER
9
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 PROVIDER
10
Supremacy Of Payroll Management SystemManageEmployee
InformationEfficiently.Define theemoluments, deductions,
leaveetc.GeneratePay-Slipat the convenience of a mouse
click.Generate and Manage thePayroll Processesaccording to
theSalary Structureassigned to the employee.Generate all
theReportsrelated to employee, attendance/leave, payroll etc.Manage
your ownSecurity
This Presentation is Brought to You By REMUNANCE : PAYROLL
SERVICE PROVIDER
11
Need A Demo?This Presentation is Brought to You By REMUNANCE :
PAYROLL SERVICE PROVIDER Contact Us
11 - Erandawane Phatak Park, Off Karve Road Pune - 411004,
India
Talk to us:Pune : + 91 99229 37385New Delhi : + 91 78383 15525
Ahmedabad : + 91 95525 87175Mumbai : + 91 95525 80072Bengaluru : +
91 90008 77568Hyderabad : + 91 90008 77568
12
You Can Reach Us ThroughThis Presentation is Brought to You By
REMUNANCE : PAYROLL SERVICE PROVIDER
Want To Part Of Our Organization Then Visit Our Career Page
13
THANKING YOUThis Presentation is Brought to You By REMUNANCE :
PAYROLL SERVICE PROVIDER
