Payroll Software for India - Features of Emptrack Payroll Software

If you are an HR or Finance Professional, you always wanted to know about functions and features of Payroll Software. Here are important features and functions of leading Payroll Software - EmpXtrack.

Revolutionary 5 Step Quick Payroll Processing Software

* Setup: Download a “monthly variables” excel sheet, make changes and upload it in EmpXtrack.
* Run: Run Payroll Calculations (Just one click to calculate complete payroll for all employees).
* Review: Review the calculated salaries, make adjustments if needed and finalize salaries.
* Transfer: Transfer Salaries to employees by printing and submitting salary transfer details to your bank. EmpXtrack can handle multiple banks and will give you transfer letters for each bank.
* Disburse: Once bank transfer has been done, disburse salaries to employee. Print or show salary slips to employee. Employees can view the salary slips themselves

Features of Empxtrack Payroll Software

* Our Payroll Software considers all taxation rules according to your country. Option to customize taxation and salary rules also available on request.
* Supports 100s of salary heads & variables like CTC, Basic, HRA, Incentive, Medical Allowance, Transport Allowance, Travel Allowance and so on. Calculations can be done according to standard formula/ your formula.
* Supports multiple salary structures for different salary grades. Allows flexibility to vary the salary head amounts for employees in same grade.
* Maintains promotions and salary increment history of employees.
* EmpXtrack Payroll Software fully aligns with leaves and attendance system.
* Pays by hourly, weekly & monthly schedules, as applicable.
* Can manage employees engaged on salary or commission basis and also non-employee contract workers.
* Maintains a Checks issue register. Generates Cost Accounting Reports, Wage reports (monthly, quarterly & annual) and Management dashboards.
* Integrates with time sheet for salary calculation of contract labor, part time employee, hourly employee or piece-rate employees.
* Manages Overtime Pay to employees using monthly variable sheet.

Click here to read other features (or Demo) of EmpXtrack...