Simplified payroll
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Simplifying Salary Processing and Statutory Compliance
Savvy HRMS - Modules
Savvy HRMS is an integrated HR management software that automates and simplifies your key HR operations.
Salary Components & Structure
Salary Processing & Verification
Loan & Advances
Cost Center
Variable Salary
Increment & Promotions
Statutory Compliances
Payroll Integrations
Analytical Views
Salary Components & Structure
Multiple Payroll Structures, One Solution
- Configure multiple salary components
- Multiple salary structure with component wise mapping.
- Assign salary structure one by one or in bulk.
- Automatic salary breakup.
- Formula or Non-Formula wise salary calculations.
- Statutory (PF, ESIC, PT, Gratuity, Bonus) eligibility component wise
- Manage your tax exempted components on actual or fixed value.
- Configure component - wise eligibility to carry forward tax.
- AI based formula checker for salary breakup.
Salary processing and verification
Go! Error Free
- Paydays and salary verification.
- Excel export of data for multiple verification.
- Salary processing with or without TDS.
- Provision to lock or hold monthly salary based on approvals.
- Bulk salary slips generation and email with a click.
Loans and Advances
Empowering Employee Finances
- Manage loans of your employees.
- Auto calculation of Interest or compound interest.
- Fixed or variable EMI deductions.
- Configure multiple conditions for employees deductions.
- Loan NOC letter generation.
- Generate Loan ledgers, Employee loan statement reports.
Cost Center
Payroll Insights of Actual Cost
- Configuration of multiple cost centers.
- Employee mapping on more than one cost center.
- Provision to integrate cost center with SAP.
- Analytical views for better insights.
Variable Salary
From Efforts to Payroll Rewards
- Performance based Incentives.
- Configure allowances and rewards.
- Configure multiple perquisites like car, house allowances etc.
- Fixed or variable reimbursements.
- Reimbursements to pay with or without salary.
Increment & promotions
Empowering workforce
- Midyear or yearend promotions.
- Provision for bulk increments.
- Configure mid-month salary changes.
- Auto arrears calculations for increments.
- Promotion and transfer configurations.
- Managed history for all promotion and increments
Statutory compliances
Payroll Compatibility and Performance
- Provision for PF, ESI, PT or LWF calculations.
- Generate multiple challans against all statutory.
- Investment declaration uploads and approvals.
- Generate tax computation sheets.
- Download multiple statutory reports like muster roll, leave with wages etc.
- Auto calculated TDS or TDS upload.
Payroll Integrations
Compatibility and performance
- Integration with 20+ software.
- API integrations and Data upload.
- Smooth data processing with zero errors.
- Integrate with systems like SAP, Oracle, Tally etc.
Analytical views
Salary Reports and views
- 100+ analytical reports.
- Advance search option for categorized salary registers.
- Detailed salary registers with component wise views.
- Separate reports for reimbursements, incentives, allowances etc.
- Separate reports for salary register and overtime register
- Multiple dashboards for better decision making.
Frequently Asked Question
How is Payroll System suitable for small businesses?
A Payroll System for Small Businesses helps startups and small-scale industries. Through automate salaries from paychecks, tax deductions, and compliance management issues.
What are the benefits of Cloud-Based Payroll Solutions for companies?
Cloud-Based Payroll Solutions facilitates payroll processing anytime, anywhere. For businesses with secure data storage and easy integrations.
Can Payroll Outsourcing lessen the burden on businesses?
Yes, Payroll Outsourcing manages salary processing & payroll tax filing. And compliance for businesses hence reducing administrative burdens.
Can we say that payroll software supports Direct Deposit?
Yes, our software automates salary payments into the employees’ bank accounts. And enables them to perform fast and secure transactions.
What is Biometric Payroll Systems?
Biometric Payroll Systems track employee attendance using fingerprints or facial recognition. And, it also calculates the payroll on its own.
Is Payroll Software useful for Remote Workers?
Absolutely! Payroll Software for Remote Workers guarantees many things. Such as correct salary processing, compliance, and tax management for away-from-the-meter employees.
How the Payroll Data Security Solutions help businesses?
Payroll Data Security Solutions will protect the sensitive information about employee payroll. By using encryption to multi-factor authentication and access controls.
#Be Smart, Be Savvy
Savvy HRMS Mobile App - From Desk To Your Pocket
Savvy Mobile application empowers user, managers and HRs. so that they can perform their daily tasks in simpler ways.
