Automated Employee Payroll Management Software by Qandle
What exactly are payroll and payroll management services?
“Money debited to your account!” - notifications like such are one of a kind! The happy hormones injected in our brain are immense, as it never fails to bring a big fat smile to our faces every time, even in the darkest of hours!
But do you know how timely does this process undertakes every month without any error? Let’s answer that!
Payroll management is the process of efficient compensation handling, including wages, pay, rewards, total compensation, and reductions. Payroll management and handling is a cumbersome job to perform, especially for a growing company that has just expanded its boundaries.
Payroll errors can occur more quickly than you would imagine. Consider for a minute the employees whose sole source of revenue is their monthly wage. Consider the consequences if the payment is not paid correctly or is released later than expected. Such inconsistencies may negatively impact employees' morale and, as a result, the productivity of the company.
Thus manual payroll processing is a big NO today! That’s why companies use payroll software in India or any part of the world for hassle-free, error-free payments.
Qandle’s payroll software is regarded as one of the best payroll software in India. Let’s see how!
Qandle’s HR payroll software
You should have been well aware of the need for automated payroll software in companies. So among all the software in the market, what’s big about Qandle’s?
Qandle’s automated payroll software is just not called one of the best payroll software for nothing. It's stacked with a bunch of advanced and market-fit features to create a revolution in bill and wage payments.
● Payroll processing
● Employee compensation
● Statutory Compliances
● Claims and Advances
● Payroll and Compliance Advisory
● Expense Management
The basic features of any payroll management software in India facilitate the multi-dimensional structuring of compensation to all kinds of employees. The services include incentive payments, salary updates, automatic creation of payment and tax slips, and many other features.
The entire and final sums are calculated automatically by Qandle's payroll management software with FnF slip declarations, leave encashment, investment-dependent tax reductions, etc.
Now, what extra does Qandle’s Software brings to the table?
This HR and Payroll software provides efficient statutory compliances, which involves
● Auto updation of ever-changing regulation
● An all-in-one place with files required to prompt a fast TDS return.
● Setting up PF rules based on employee groups and managing provident funds seamlessly.
● Accessing statutory reports from anywhere in the world.
● Smooth handling of state-specific PT regulations.
● Automatic ESI computation.
On the other hand, the system helps in the easy management of payroll-related claims and advances. It not only manages perks given to employees as part of their pay or apart from their pay, but also sets configurable rules for advance payments as per company policies.
Auto calculation of EMIs, interest rates, repayment schedule, and impact on income tax is a way lot easier on this platform.
All-in-all, this is arguably one of the best payroll software in India
Conclusion
Qandle’s payroll management software is immense and moreover, the user doesn’t need to worry about the security policies as they are bank-graded. So go and switch to Qandle!