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Reason Why Use Gen Payroll Software for Your Business

Payroll Software for Business Management
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Payroll Software today is an indispensable need for any company with a huge employee accumulation. The utility is a pioneer in managing the employee database, calculation of salaries based on employee attendance, bonuses, deductions, medical leaves, and what not could be managed by an effective Payroll Software. Some truly efficient Payroll Softwares also cater to the calculation and deduction of TDS on salaries making it far convenient for the company to make TDS compliances with the government without any faults or penalties.

As mentioned above an efficient Payroll Software caters to all the requirements of a company related to Payroll or Employee Data Management. Finding an efficient yet cost-effective Payroll Software is a concern for many companies. So here is a deal from SAG Infotech (a renowned tax software development company) on its Gen Payroll Software (HR & Business Management) that caters to the entire list of company requirements mentioned above.

Why Choose Gen Payroll Software Over Others in Market?

Gen Payroll Software for HR solution is a tried and tested professional-level utility known to deliver accurate results in terms of employee database and salary management. The software is loaded with the latest features and also adheres to the latest norms of payroll management. Above all, it has a user-friendly interface that lets one grab its functioning within no time.

Gen Payroll is a kit and companion for the HR department of any company as it considerably reduces the load of maintaining the employee database, salary calculations, bonus grant, attendance, PF and ESI deductions, TDS deduction, and much more.

Gen Payroll is Preferred Over Others Because

  1. Ultimate Employee Data Management – Maintaining details of the employees and updating them from time to time could be a cumbersome task if done without the help of an expert. Payroll Software lets you preserve the data of hundreds of employees, their contact information, residential address, and other relevant information. Moreover, the software allows you to easily make changes (if any) in the prevalent data
  2. Management of Employee Attendance – No more manual attendance entries. Gen Payroll offers automated attendance marking functionality that automatically records the thumb punches and synchronizes the data in-line with the biometric machine
  3. Auto Salary calculation & Project-wise Distribution – Accurate salary calculation keeping in mind the overtime, bonuses, or deductions (if any) is another surplus in the list of Gen Payroll’s advantages. The software lets you release just the right amount of salary to each and every employee’s bank account
  4. Auto Calculate PF, ESI as per statuary rule with e-filing – The Gen Payroll software lets you calculate the exact amount of PF, ESI, and TDS deductible from the employee’s salary. Such calculations are in-line with the legal tax compliances. Gen Desktop Payroll Software helps to prepare Forms 16, 16AA, 12BA, Return ITR-1
  5. Import/Export data – Gen Payroll offers a Complete Data Import/Export facility to the employees. From Employee’s master information to Salary data, Attendance sheet, reimbursement, investment declaration can be attained by the employees. Import/Export of employee’s bank details and transmission of other information (if needed) is possible via Gen Payroll
  6. Bulk SMS – Informing all the employees about any crucial event or a holiday or attendance or sharing any other data with the employees is now easy with Gen Payroll’s ‘Bulk SMS’ features. The feature lets you shoot an SMS to every employee’s Inbox thus conveying your message to hundreds in a few minutes
  7. Email Facility – Same as bulk SMS facility, bulk E-mail facility is also extended by the software. Any important declaration could be sent via email to hundreds of employees within minutes via Gen Online Payroll Software for small businesses
  8. Available in Both Online/Offline Mode – One can get benefitted from the features of this software even in offline mode. Gen Payroll serves the best in both Online and Offline modes

Conclusion

Gen Payroll is integrated software that can take care of the entire payroll management responsibilities and tasks in your organization. The advanced set of features embedded in the software will let you effortlessly manage the employee data, make accurate calculations of leave, salary, etc. and import/export the data as and when required. Moreover, the software is designed in two variants – desktop and online – allowing different organizations to opt for the best solution according to their specific needs. While the desktop software is perfect for managing day-to-day operations of HR & payroll from a single interface, the online platform enables you to oversee your HR management tasks on the go.

Above all, one gets to enjoy the advantages of this next-gen tool at cost-effective rates. Gen Payroll HR software is designed by industry leaders keeping in mind the needs & budget of small, medium & large businesses in a variety of industries. Besides offering the best features & functionalities in the market, it comes at a great price that will perfectly fit your budget. The software can be easily integrated into your existing systems.

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Tax Lovers
Hello guys, I am Tax Lovers a professional content writer and blogger with an interest in outreach content. I am presently associated with a SAG Infotech Private Limited software development company in India. You can read here all GST, Income Tax and Payroll software articles with the latest news written by me