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Process of work
Simplifying Payroll with GetifyHR
Payroll processing is one of most critical operations in any company as it involves the most important entity in that organization, the employee. Manual processing of the payroll has its own disadvantages. One, it requires trained manpower to handle and two; it is prone to inaccuracies and lack of updation of Government policies. This may result in dissatisfaction among the employees and lead to lower employee retention. Overall, it leads to lower productivity.
GetifyHR fully understands the complexity of Payroll processing. With our years of expertise and the pool of professional talent available, we have developed an outsourcing module that not only simplifies these operations but also brings high level of accuracy.
Simplifying a Complex Process
GetifyHR’s Payroll and HR management System is a sophisticated technology driven software that has greatly simplified a highly complex Payroll generation and HR Management module. No wonder that GetifyHR is considered among the top outsourced payroll providersin Coimbatore/India. These modules are highly cumbersome when attempted manually and are prone to inaccuracies. When inaccuracies creep in, you can predict the problems that it creates. You have an upset employee on one side and an awkward employer on the other. This situation only worsens the relationship between the employee and the employer and would ultimately pull down productivity. GetifyHR is ranked highly among the Salary processing companies in Coimbatore/India and is known for its high capabilities to deliver the desired results.
Post payment process
Once the salary dues and statutory requirements are calculated and settled, the month end reports are generated for use by the accounts department to finalise the accounts. The package also provides up-to-date information about each employee and these will be useful to the HR department for planning further action. An important feature of these records is that they are easily retrievable at any point of time and from any location. You get nothing but the best from one of the top outsourced payroll providers in the region.
The Payroll Process
Once the Employee Master data has been entered into the system, it is only a question of generating the payslips. All the other reports are then automatically generated. From these reports, the amount to be paid to government agencies towards EPF and ESI are processed. Likewise, the payment details of TDS from each employee are also generated. These dues are then remitted to the concerned government agencies. Salary processing companies may not look into all these aspects as they are confined only to generating the payroll.
For the employee, every penny is valuable and, therefore, these calculations should be accurate in every respect. The payslip reveals the exact amount of take home salary for the employee and gives an accurate breakup of the benefits and deductions. For the employer, it gives the total amount towards salaries and the dues to be paid to the government. It is from this vital document that all the other reports are generated. GetifyHR ranks among the best salary processing companies in Coimbatore due to the simplicity and efficiency of its system.
Empowering the Employee
The specialized ESS Portal empowers the employee by enabling access to vital HR related information like attendance, payslips, PF details, leave balance and applications. The employee can view personal information and also print and download any relevant documents. Similarly, they can view, download and print company policy and other relevant information.
The portal also enables the employee to leverage the power of social networking and also search the employee directory for employee related information.
As one of the top Payroll processing companies in the region, GetifyHR offers a perfect solution that maintains very vital records of the employees at every stage of their employment. The Payroll portal generates the payslips and details of salary dues for all employees, the HR portal manages the data pertaining to each employee and these include the EPF and ESI records, attendance details, and designation & promotion details. The year-end or seasonal payment dues like Bonus or incentives are also maintained. Your search for the best outsourced payroll providers will lead to our doorsteps.
In addition, an Employee Self Service portal (ESS) provides the employee the facility to access all HR related details like attendance, payslips, PF details, leave balance and applications. As one of the Top payroll processing companies in Coimbatore, we are known to provide highly accurate reports that are useful for both the company and their employees. From the company’s side this enables a greater association with the employees and brings about higher productivity. From the employee’s side it is highly satisfying that he or she is under an employer who maintains a perfect system to pay salaries and other dues.The best payroll processing companies provide all these facilities.
Simplify your HR process with GetifyHR
Carryout the complex task of HR Operations to maintain legitimacy and increase productivity in every possible business aspect.