Payroll software developed
by Panoramic Universal Limited (Formerly known as IT Microsystems (India) Ltd.[ITMIL]) targets specifically the Indian/Foreign firms because it has captured in it all the Payroll processes that a typical HR/Accounts dept. of a small/medium/large sized company follows. Now no need to buy all stationery of the Government forms. The software has incorporated all the forms which the Government of India has made compulsory for the Indian firms to adopt with respect to their employees.
The person operating the Payroll software need not spend days in the hassles that come bundled with the Payroll process. He can bid farewell to the bulky registers and come out of the gloom that used to surround him during the payroll generation. With all the payroll processes categorized, the PUL Payroll software gives a very simple interface to the end user.
The Payroll software starts off from formation of a Company and the branch offices. Then it inputs the Employee related information and in which group company/department he is recruited. Just assign the employee a salary structure and you are ready to generate and manage payroll processes with respect to that employee. Also the end user has the flexibility to create his own salary structures and salary formulae.
The payslip is generated after the attendance is marked for that month. ESIC and PF challans are available at the convenience of a mouse click. The payroll software also manages the Company Holidays and the Bank holidays.
All the reports related to company, employee, attendance/leave, payroll, Government of India forms (Forms 1, 3, 5, 6, 10, 12, 19, etc) are generated. The MIS (Management Information Reports) are also generated by the software which gives the Management a clear picture about the Payroll and Attendance of the Employees.
The software can be configured by the user side to give restricted access to the front desk operator, and complete access to the main HR authorized person.
There is a hitch for taking this product. The HR/Accounts department will complain of boredom, since now they will be having plenty of free time in hand. But who wouldn’t like to hear such a complaint ???