Payroll Management System

WHY Payroll Management System

So, Why do we need a PMS?
If hiring the right team is one of the key pillars of your business, then having a good system in place that helps you manage the team efficiently is another. At SMAB Consultants, we have a system that will ease off pressures from Employee as well as Employers. A payroll management system is a tool – predominantly a software program – that enables your business to handle all your employee’s financial records in a hassle-free, automated fashion. This includes employee’s salaries, bonuses, deductions, net pay, and generation of pay-slips for a specific period. 

Benefits of PMS

  • Tax Management
  • Employee Management
  • Save Time, Avoid Errors
  • Customized Reports
  • Added Security
  • Bonus Management
  • Income Tax and Deductions
  • Invoice Management
  • Compliance Management
  • Cloud Compatibility
  • Pre-formatted Tax Reports
  • Statutory Reports
  • Reports, Payslips and Forms
  • eTDS Submission
  • Calculation Accuracy
  • Auto Reporting
  • Exemptions and Compensations
  • Record Keeping
  • Bundled with ERP
  • Time and Attendance Tracking
  • Scalability
  • Tracking Expenses
  • Employee On Boarding
  • Online Salary Management
  • Leave Management
    • Integration with apps
    • Increased Productivity
    • Over Time Management
    • Allowance, TA,DA Management
    • User Friendly and Easy Accessibility

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