Main Modules In Payroll Software
The organization and structure of every business are unique. Therefore, the needs of a payroll software for each business would be unique as well. There are many ready-made payroll software that are available in the market, but buying them may not be the best option for your company. What you need is a customized payroll management software, which would take into account all the specific requirements of your organization and at the same time would be a 100% compatible with the systems already in place in your organization.
Every good payroll software covers certain specific and main modules, and it is within these modules that the companies make changes to suit their individual needs. Some of the main modules that are a part of every online payroll software are as follows:
- Employee Profile
Under this module, details like the name and other information about the profile of every employee is stored. The date of joining of the employee, his or her family background, emergency contact details for the employees, awards and important memberships that the employee may hold in his name or in the name of his children or other family members, hobbies and other talents that the employee may possess, etc. The work profile of the employees like their position and job description in the company, qualification, experience and training details of the employees copy of documents submitted by the employees, etc.
- Leave Management
Under this module, the various types of leaves granted to employees are defined, records of leave applications, rules for granting leaves, balance leaves remaining in the account of each employee, copy of leave approvals, carry forwards of remaining leaves and complete MIS reports, are all maintained.
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