Payroll management software can be used by companies to perform tasks such as calculating staff member’s salaries and deductions, generating pay stubs and tax forms, depositing the salary directly into employee’s bank accounts and more. The application helps to minimize manual errors and cycle times. It offers benefits such as efficient management of staff data, secure financial transactions, and detailed reports on employee payroll. If you are looking to invest in a good payroll software solution, we can help you.
Cryptic Payroll has been designed to eliminate the time and effort that is normally associated with payroll and to provide direct and seamless operation that enables the employer to handle all staff and payment processes in a simple and accurate manner.
STATE OF THE ART APPLICATION
Cryptic Payroll system is for maintaining employee’s payroll operations. This solution is specially designed to manage employee’s database, salaries, loans, income tax and other related activities.
PAYROLL TIME & ATTENDANCE
Reduce pay correction by automating time collection and enforcing rules and apply defined calculation rules for overtime.
USER FRIENDLY INTERFACE:
User friendly interface allows user to open multiple screens and perform multiple functions. Short cut keys and buttons are fast, easy access to commonly used screens and reports save valuable time.
PRE-CALCULATION AND IN-HOUSE POWER:
A built in group level security module to record and maintain user level security and gives complete audit trail to monitor the activities of authorized user. Users are classified into groups (Based on location, department, ranks etc.)
More powerful reports for analysis and future planning. More than 170 reports can be generated from the system. In addition, option is also available to generate standard letters.
- Employee’s Database
- Department’s detail
- Linking with attendance machine
- Pay sheets
- Summary based on location, dept, rank etc.
- Attendance and Leaves Policies
- Formula based allowance calculation
- Tax register
- Annual Salary Tax Certificate printing
- Advance Salary and Loan management
- Annual Loan Summary
- Encashment / Leave without pay
- List of individual loan
- Types of loan
- EOBI, Gratuity, Group Insurance etc.
- Pension and Provident Funds management