Payroll Processing Salary Configuration ►Statutory Requirements ►Payroll Processing ►Security

Month-end payroll processing is a critical activity. It is important to have a dependable solution tailored to your needs to perform this task month-after-month, accurately. iFocus360 HCMS is designed to address these needs effectively.


Key Features

[--Configurable Salary Heads and TemplatesClick Here to Hide Details

With iFocus360 HCMS, you can easily setup the salary structure as per your company norms without any compromises or trade-offs.

Payroll Benefits
  • Accurate payroll processing, month after month.
  • Increase productivity by eliminating routine, time-consuming tasks.
  • Reduce transaction costs.
  • Higher payroll quality leading to motivated employees & fewer complaints.
  • Comply with all statutory requirements like PF, ESI, Professional tax.
  • Eliminate late night work-outs for year-end processing.
  • Get business intelligence with MIS reports.
You can:
  • Create unlimited number of salary components
  • Define attributes for each components like show in payslip, taxable, tax category etc.
  • Various components can be setup that are relevant for your business but that need not appear in payslips.
  • The values for the salary components can be:
    • Manually Entered by you
    • computed using a formula
    • slab based lookups
    • value lookups based on location, grade, department, employee type, etc.
  • Create as many salary templates as required and associate them with employee categories.
[--PF, ESI & Professional TaxClick Here to Hide Details

iFocus360 HCMS lets you meet all statutory compliance requirements of employee payroll including PF, ESI and professional tax. You can configure how the computation of each of these components is done. Various statutory reports are generated that can directly be submitted to the concerned departments.

[--Payroll Processing and GenerationClick Here to Hide Details
  • With,iFocus360 HCMS process your payroll with few easy steps at the end of every month.
  • It also lets you process provisional payroll, at any time of the month.
  • You can configure the format of the payslip and print payslips in the order of your choice - by Department, by Location etc.
[--SecurityClick Here to Hide Details

Payroll information is regarded as highly confidential by most organizations. iFocus360 HCMS provides various features to prevent unauthorized access to payroll information as well as the application functionality.

  • Fine grained access control for each page and feature through user roles. A role is a set of privileges, i.e., what the user who is given this role can do in the application.
  • Any number of users can be created and assigned specific roles.
  • Comprehensive audit log of all categories of data modified on any given date and any time, is maintained for every user.
Top
Home | About Us | Contact | Site Map Copyright © 2009 Adi Innovative Solutions Pvt. Ltd