WHY PMS
So, Why do we need a PMS?
If hiring the right team is one of the key pillars of your business, then having a good system in place that helps you manage the team efficiently is another. At SMAB Consultants, we have a system that will ease off pressures from Employee as well as Employers. A payroll management system is a tool – predominantly a software program – that enables your business to handle all your employee’s financial records in a hassle-free, automated fashion. This includes employee’s salaries, bonuses, deductions, net pay, and generation of pay-slips for a specific period.
BENEFITS OF PAYROLL MANAGEMENT SYSTEM
- Tax Management
- Employee Management
- Save Time, Avoid Errors
- Customized Reports
- Added Security
- Bonus Management
- Income Tax and Deductions
- Invoice Management
- Compliance Management
- Cloud Compatibility
- Pre-formatted Tax Reports
- Statutory Reports
- Reports, Payslips and Forms
- eTDS Submission
- Calculation Accuracy
- Auto Reporting
- Exemptions and Compensations
- Record Keeping
- Bundled with ERP
- Time and Attendance Tracking
- Scalability
- Tracking Expenses
- Employee On Boarding
- Online Salary Management
- Leave Management
- Integration with apps
- Increased Productivity
- Over Time Management
- Allowance, TA,DA Management
- User Friendly and Easy Accessibility