PeopleSol Payroll
Payroll is a critical function that ensures timely and accurate salary payments to employees.The PeopleSol payroll module automates the process, eliminates errors, reduces manual effort, and increases compliance. It also enables easy access to payment and tax-related data and offers multiple payment options to employers.
Challenges Companies Face in Payroll Process?
Compliance
issue
Keeping up with local, state, and central regulations can be complex and time-consuming.
Less
accuracy
Ensuring all payroll calculations are accurate, including taxes, benefits, and overtime pay.
Stiff
timeliness
Making sure that payroll is processed on time and employees are paid accurately and on time.
Cross
integration
Coordinating with other systems and departments, such as tax, benefits, and time and attendance, to ensure all data is accurate and up to date.
Information
security
Keeping sensitive employee data and financial information secure and protected.
Record
keeping
Maintaining accurate and complete payroll records to ensure compliance and easy access to information.
PeopleSol Payroll Features?
Statutory
Compliance
The ability to post job openings on various job boards and company websites.
Pay
Components
The ability to extract relevant information from candidate resumes and store it in a centralized database.
Pay
Templates
The ability to track and manage the entire recruitment process, including the status of each candidate, interview schedules, and feedback.
Pay
Schedule
The ability to search and filter candidates based on specific criteria such as experience, education, and skills.
Salary
Templates
The ability to manage and track communication with candidates, such as email and SMS, in one central location.
Salary
Slips
The ability to generate reports and analyze recruitment data to gain insights into the effectiveness of the recruitment process.
PeopleSol
Payroll
Automate payroll processes to free up HR staff for more important tasks. Payroll data provides insights into labor costs, helping employers better plan and manage finances. Payroll systems help avoid costly errors and potential penalties for non-compliance with payroll laws. Accurate and timely pay, benefits administration, and compliance with laws can improve employee satisfaction and retention.
Accurate and
Timely Pay
By using the PeopleSol payroll system, employers can ensure that their employees are paid accurately and on time, which can help improve employee satisfaction and retention
Compliance with
Laws and Regulations
PeopleSol Payroll helps employers stay compliant with payroll laws and regulations, including tax and labor laws.
Improved
Efficiency
Automated payroll processes save time and reduce errors, freeing up HR and payroll staff to focus on other important tasks.
Better Financial
Planning
Payroll data provide valuable insights into labor costs, which can help employers better plan and manage their finances.
Enhanced
Security
Payroll systems help protect sensitive employee data, such as social security numbers and banking information, from unauthorized access.
Benefits
Administration
Some payroll systems also include benefits administration features, which can help employers manage employee benefits such as health insurance and retirement plans.
Core HR
Payroll
ATS
TAX
PMS
L&D
ITSM
Office
Travel
Social
R & A
