Open Payroll

What is Open Payroll?

Open Payroll is a payroll management software that gives businesses the benefits of an integrated payroll system without hassle. Businesses can run payroll, disburse salaries directly and make TDS payments in a few clicks. It allows companies to focus on what matters while Open Money takes care of the entire payroll and compliance.

With Open Money payroll software, you can run your business payroll within minutes, thus increasing efficiency and saving time and money.

Why Use Open Payroll?

Open Payroll empowers your employees with a self-service portal to mark attendance, manage leaves, generate pay slips, and record their daily expenses. Moreover, salary is calculated automatically and transferred directly to employees’ bank accounts in just a few clicks.

In addition to that, this payroll management software ensures hassle-free filing of TDS, PF, ESI, PT, etc. It also enables the disbursement of employee salaries directly to your employees’ account from the Open Business account. Hence, with Open Payroll, you have all your bank account details in one place with a complete overview, thus saving you a lot of time.

How Does Open Payroll Work?

It is easy to get started with Open Payroll. Create an employee ID or upload a list of employees with employee details like name, email, etc. Add salary details in CTC. This will help calculate other components such as Basic salary, PF, tax & more. Finally, you can pay compensation directly into the employee’s bank account, approve pay slips, and more.

Benefits of Using Open Payroll

• Complete automation: Open Payroll is intuitive that requires fewer commands to deliver exceptional results. Everything can be done systematically and on time with Open Payroll, from employee onboarding to the final settlement on resignation. The system is automated with zero chances of errors.
• Gentle attendance monitoring: HR professionals can easily track employee attendance with built-in clock-in/clock-out features. Besides, it also automates the salary calculation as per the attendance data.
• Effortless leave management: With Open Payroll, you can effectively manage your employees' leave requests by configuring the system's holiday and leave calendar.
• Easy to use employee portal: The employee service portal saves your employees’ time in applying for leaves, declaring taxes, tracking pay slips, and declaring previous income. This is because it can be done by themselves on the system.
• Direct salary and TDS payment: Open Payroll enables the disbursement of employee salaries directly to employees' accounts from the Open Business account. Hence you don't have to process wages separately.
• One-click pay slip generation: It lets you generate statutory-compliant pay slips once you configure the system with salary details.
• Smooth report generation: With the Open Payroll system, you can generate HR reports for attendance, leave, and statutory compliance. It eliminates the need for year-end reconciliation reporting as you can generate the reports on the go.

Pricing of Open Payroll

Open Payroll price details are available on request at techjockey.com. Please request a call back for subscription-related information and to avail offers on premium packages.