Payroll

The Payroll Management module provides organizations with a fully integrated and customizable solution to streamline every aspect of employee compensation. It enables the configuration of salary rules, pay grade structures, and salary calculation parameters to support a smooth and accurate payroll process. The system supports the full customization of payroll structures, including the definition of payment methods, payroll batch statuses, and pay cycle types. This flexibility allows companies to enforce organizational policies while maintaining full compliance with tax regulations and labor laws. Automated workflows further reduce administrative workload by ensuring accurate and timely payroll processing. By eliminating manual errors and improving efficiency, the module guarantees that employees are compensated correctly and on schedule—enhancing both employee satisfaction and operational reliability.

Key Features

• Element Classifications: Define and categorize element types (earnings, deductions, benefits, etc.) for efficient payroll configuration and reporting.
• Element Definition: Create and manage payroll elements such as salary components, bonuses, and allowances.
• Earnings & Deductions Design: Design custom elements for earnings and deductions based on organizational rules and statutory requirements.
• Benefits Management: Configure employee benefits, including health insurance, vacation pay, and sick leave entitlements.
• Eligibility & Costing Control: Set up eligibility rules and cost allocation methods for payroll elements to ensure accurate payroll distribution and budgeting.
• Formula Writing: Build flexible payroll formulas using predefined logic to automate complex calculations and conditions.
• Payroll Methods Configuration: Define payroll processing methods and schedule cycles tailored to organizational needs.
• Employee Assignment: Assign specific payroll elements and benefit plans to employees or employee groups.
• Quick Pay: Run immediate payroll calculations for specific employees outside the regular pay cycle (e.g., new hires, resignations).

Absence Management: Track and manage employee absences, leaves, and their integration with payroll deductions or entitlements.