Employee Master data Management, Leave administration, Multiple Pay structures & Pay Heads, Generation of Pay sheet, Pay slips, MIS reports and Multi User Management with user level security.
Organisation who are looking at bigger successive growth has multiple challenges to take care along with mandatory process such as payroll management.
Payroll is not just about paying your people but manage paper work and keep track of payroll legislations.
Vizolt wants you to focus your time on core business activities instead of handling operational challenges to run a consistent and error free payroll for your process.
Vizolt support your entire payroll life cycle from their date of joining to exit and speedy resolution of employee queries.
Through our highly back-end support facility, we offer complete automation while offering managed payroll services to our clients.
- Maintain the Master Data of all employees containing personal and salary details
- Update onetime payment of incentives, bonuses, overtime, night shift etc.. as per input received
- Update one time deductions such as canteen, transport etc.. as per input received
- Update third party deductions such as Life Insurance Premiums, Bank Loans, co-operative society deductions etc.. as per input received
- Update the loans, instalments, interests etc.. and maintain the loan ledger
- Calculate the value of perquisites on account of accommodation, furniture, concessional loans etc..
- Handle complete transactions of manufacturing, company payrolls like daily/monthly/apprentices/trainees payroll, DA index wage agreement related arears, Bonus calculation, Third party payments, Minimum wages, different pay-out dates, interior payments etc..
- Journal voucher in required format for cost booking
- Accurate computation of payroll related compliances
- Salary and re-imbursement budgeting
- Processing your payroll based on latest legislative updates… preparation of Provisional journal voucher/Tax computations
- Providing you with consolidated reports