Get Payroll Services Online
Upgrade yourself to the amazing online payroll management system with Easebis, Say goodbye to the hassle of manual payroll management!
Why should I Use Easebis for Payroll Services?
Payroll Management System - An Overview
A payroll management system is a software program or tool that helps businesses manage employee payroll and related tasks. It automates and streamlines payroll processes, such as calculating employee salaries and wages, taxes, and deductions, and generating paychecks and other payment types. It involves a lot of legal aspects and has to adhere to multiple regulations from the government. So it is highly advisable to get expert assistance while maintaining payroll for a company.
Payroll management system consists of creating a payroll policy for the organization that includes all the flexible benefits and leave policies of the employee. It should contain all the leave and cashment policies for the employee.
What Is Payroll Management System?
Payroll management system simplifies the process of payroll processing, you can track all the live details anywhere anytime using an application. Easebis payroll management package comprises of
- Structuring the CTC
- Maintaining all employee records like daily attendance, bonus and much more
- Generating salary slips on a monthly basis
- Preparing all the employment agreement
- Filing income tax for employees if required
The payroll process is the process of calculating and distributing payment to employees for the work they have completed during a specific pay period. It involves calculating gross wages, deductions, and net pay for each employee based on their salary, hours worked, and any applicable taxes or benefits. The payroll process also involves keeping accurate records of employee pay, taxes, and deductions for legal and financial purposes.
Additionally, filing IT returns, depositing TDS, PF, and other dues with the authorised authorities, as well as paying employee salaries, are all included in our HR and Payroll management system.
HR and Payroll management services including processing payroll, managing staff salaries, tracking deductions and payment information. We help you to keep a record of each employee’s fundamental information, including contact information (name, address, birth date, etc.), employment dates (joining date, promotion date, etc.), banking information, pay scale, basic and grade pay, etc.
Stages Of Payroll Process
The following are some of the primary duties of the payroll and HR management system:
- Structured compensation
- Determining deductions and leaves
- Calculating and processing salaries
- Control of payroll taxes
- Submitting returns
- Reports and pay slips are generated.
Features of Payroll Management System
1. Easy to install
Easebis payroll management system can be easily incorporated into your business form with less time. All you have to do is reach out to our experts and provide the required information. Our team will take care of HR and payroll management systems.
2. Timely tax filings and deposits
Out of all the functions the most challenging part is to deal with the payroll tax withholdings. It is mandatory to file these taxes on regular intervals within the provided time window. Easebis provides the best payroll and HR management system. We make sure that all the compliances are met without any delay.
3. Direct deposit for the payment
The days of paper cheques are over. Now everyone receives their payment through a direct bank transfer. We will assure that the payment will be made on time.
4. Payroll records
Your optimal wish list should include robust, accurate, and easily accessible payroll reports. Finding payroll information requires a lot of paperwork and calculation , trust us this is the last thing you want to do. Our software offers a choice of reports that you can obtain with a few clicks rather than hurriedly compiling reports and gathering information.
The payroll cycle of a business is divided into 3 stages.
- Payroll preparations
- The payroll procedure
- Post-payroll operations
The following equations can be used for calculating the payroll:
- Gross salary – Gross deductions = Net salary
- Gross salary = Base salary + HRA + Allowances + Reimbursements + Arrears + Bonus
- Professional Tax + Public provident fund + Income Tax + Insurance + Leave adjustments + Loan repayments = Gross deductions (if any)
Advantages of Payroll Management System
Thanks to Easebis HR and payroll management system, the HR department can keep track of the qualifications, credentials, and other details of each faculty member. The labour and time-consuming paper records are not necessary!
Processing of Payroll from Start to Finish:
The payroll management system automates the entire payroll process and reduces the workload of employees.
Faster Salary Calculation and Payments:
Because it syncs with the administration system, the salary calculation procedure can be done automatically, rapidly, in a simple way.
Indian Payroll Laws:
The Indian government has established laws that the payroll system must abide by. It is tough for a layman to know all of these rules and regulations, so Our expert attorney at Easebis can help in payroll and HR Management is the best way to always comply with the recent amendments in the law.
Enhanced Data Security:
This feature allows businesses to define user roles and offer employees access to payroll systems in accordance with those roles, boosting data security.
Reports about payroll and employees that are insightful:
With only a few clicks, numerous types of analytical payroll and faculty performance-related reports can be generated.
Why Choose Easebis
Frequently Asked Questions (FAQs)
We take the security of your employee data seriously. We use industry-standard security measures and protocols to protect your data from unauthorized access, ensuring confidentiality and privacy.
Yes, our payroll service can handle various complexities in payroll calculations, including multiple pay rates, overtime, bonuses, and other special scenarios. We customize the payroll processing based on your specific requirements.
Our payroll service stays up to date with the latest tax regulations and deductions. We accurately calculate and withhold taxes, including income tax, Social Security, Medicare, and any other applicable deductions, ensuring compliance with tax laws.
Our payroll service provides comprehensive reports, including employee payroll summaries, tax reports, deduction summaries, and any other customized reports you may require. These reports can help you with financial planning, budgeting, and compliance needs.
You can securely provide employee information to our payroll service through various methods, such as online portals, email, or dedicated HR software. We ensure confidentiality and privacy during the data transfer process.
Yes, our payroll service can handle payroll for businesses with employees in multiple states or even different countries. We stay updated on state and international payroll regulations and can accurately process payroll accordingly.
In the rare event of errors in the payroll processing, we have a dedicated team to address and rectify any issues promptly. We work closely with you to ensure accurate and timely resolution of any payroll errors.
The costs associated with using our payroll service depend on various factors, such as the number of employees, the complexity of payroll requirements, and any additional services you may require. We provide transparent pricing based on your specific needs.
Team EaseBis came to the rescue in crunch time. They were prompt, courteous and professional. Superlative service at super competitive price. Couldn't be more satisfied.
I was very lucky to be connected with Rashmita C, one of the consultants with this company. She is a great asset to the company, she is knowledgeable and helped me with my questions in a very professional manner and very little time considering the fact that there is rush in March
Highly impressed by the Turn around time of EaseBis. Got my company registered & filed the trademark. It was a seamless experience & amazed - had to not visit them even once. These guys are super reliable!
Excellent customer service from EaseBis team. Right from the time, the business engagement starts to the completion of e-filing and tax refund (if applicable), the team at EaseBis constantly assists the customer and is proactive to resolve queries in the shortest possible time.