Title: payroll processing
1Remunance Systems
2What Is Payroll System?
- An automatic Payroll process helps you comply
with legal and tax requirements and simplifies
the process of paying your employees - Payroll software is available to make your life
as a Payroll Manager as simple as possible. You
need to be confident that your Payroll system
will include all of the tools you need to ensure
that your company pays your staff accurately and
that your organization remains compliant with
current payroll legislation - Many employers outsource the payroll function to
an outside vendor or use payroll system software
instead of relying on manual processes.
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
3About us
We provides bespoke solutions and consulting
services ranging from End to End Payroll
administration, Attendance Leave management to
setting up offices in India for businesses
abroad."Our global clients select us for our
domain expertise knowledge base in our service
areas, combined with a solid technology
foundation. Our organization is build around the
thought that we are an extension of our client's
facility. Thats is why "We Extend beyond
expectation to Excel together".The mission of
Remunance Systems is to provide high quality,
reliable, consistent service to its clients
enabling them to dedicate focus and attention on
their core activities and at the same time
harness the benefits of availing the expertise in
specific business domain." Â
4Automated Versus Manual Payroll System
- automated payroll service
- A manual payroll system requires that the payroll
be processed by hand and is therefore a
considerably slower procedure than an automated
system. - Payroll processing is a Complex task and most
likely to cause errors.
- An automated payroll Service enables the employer
to process its payroll through a computerized
system. - Makes payroll processing simpler, and reduces
errors
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
5Payroll Software Pros
- Payroll calculations can be completed in a
fraction of the time - Year-end reporting is also usually automated, and
both pay slips and annual reports are archived in
case copies are needed later - Using basic payroll data, together with data on
attendance and hours worked, payroll systems can
provide a wealth of reports.
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
6Landscapes Of Payroll Software
- Time-keeping Transportation
- Payment Calculation
- Deduction Calculation
- Record-keeping
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7Time-keeping Transportation
- Allows the employer to import time clock data
into payroll software. Specifically, the employee
uses a swipe card or badge, or the hand print or
fingerprint method, to clock in and out. Once the
entries are transported into the payroll
software, the software computes the time worked.
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
8Payment Calculation
- The automated system performs all types of
payments hourly, overtime, double-time,
salaries, commissions, bonuses, pay raises,
retroactive pay, wage deductions, auto payments
and tuition reimbursements - Notably, the automated system eliminates manual
paycheck writing. The system automatically
generates paychecks and stubs and enables direct
deposit
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
9Deduction Calculation
- Salary and wage deductions are a necessary part
of payroll processing - With an automated payroll system, the software
has the tax rates hard-coded in the system. It
calculates the withholding tax for each employee
based on the withholding conditions data input.
This reduces the likelihood of payroll tax
errors, which can result in fees from the
Internal Reporting System and the state taxation
agency.
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
10Record-keeping
- The Internal Reporting System requires employers
to keep employment tax records for a minimum of
four years - The manual system requires filing the necessary
payroll data by hand, which consumes time and
increases clutter. Payroll software generates and
stores payroll and employment tax data.
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
11Supremacy Of Payroll Management System
- Manage Employee Information Efficiently.
- Define the emoluments, deductions, leave etc.
- Generate Pay-Slip at the convenience of a mouse
click. - Generate and Manage the Payroll
Processes according to the Salary
Structure assigned to the employee. - Generate all the Reports related to employee,
attendance/leave, payroll etc. - Manage your own Security
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
12Need A Demo?
- Contact Us
- 11 - Erandawane Phatak Park,
- Off Karve Road Pune - 411004, India
- Talk to us
- Pune 91 99229 37385
- New Delhi 91 78383 15525
- Ahmedabad 91 95525 87175
- Mumbai 91 95525 80072
- Bengaluru 91 90008 77568
- Hyderabad 91 90008 77568
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
13You Can Reach Us Through
Want To Part Of Our Organization Then Visit Our
Career Page
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER
14THANKING YOU
This Presentation is Brought to You By REMUNANCE
PAYROLL SERVICE PROVIDER