Paybooks is a holistic payroll
software which help companies manage payroll effectively with various tools for HR team and employees like Admin module, Employee Self Service, etc. The software helps HRs in handling very delicate yet important task(s) like salary slip generation, Taxation, ESIC, Employee exit, leave & attendance, etc.
Paybooks is an easy to use solution for HR management in an organization which has encompasses almost all activities in Payroll management. Below are some of the features:
About The Company
- Guided Payroll run - The run payroll wizard ensures that users run payroll in few clicks and will always pay accurate salaries and taxes
- Auto sync with bio-metric devices - Paybooks auto syncs with attendance devices and captures attendance, overtime, and leaves in real time for payroll workings
- Preview reports - Quickly check the salary reports including pay slips and confirm the calculations before confirming the payroll
- Auto generate payslips - Once a user confirms payroll, Paybooks notifies and enables pay slip view and download options for all employees in their logins
- Ready bank statements - Pay salaries and expense reimbursements to employees using the ready to upload statements specified by user’s bank
- Employee exit management - Auto generated settlement reports helps quickly make final payments to employees when they leave
- Payroll Laws –
- PF - Make accurate PF payments with PF electronic challan cum return (ECR) auto generated from Paybooks
- Profession Tax - PT calculation is supported for all states in India and reports are auto generated for easy payment and filing
- ESIC - Ready to file reports help in ESI payments and compliance even for multiple ESI codes
- IT & TDS - Enable tax declarations by employees and make optimal tax deductions and payments. Helps comply with the filing requirements with ready to upload 24Q statements.
- Digitally signed Form 16 - Generate digitally signed Form 16 and enable download for employees in their self-service portal for easy personal income tax filing
- Other compliance reports - Configure relevant reports for Factories Act and Shops Establishments Act with custom report creator
- ESS –
- Pay Slips & Reports - Employees will love the anytime, anywhere access to pay slips, salary statements, flexi benefits reports, Form 16 and other useful reports. Data of past years too can be made available for viewing by the employees
- Better Income Tax Planning - The inbuilt tax planner lists all deductions available in neatly grouped lists to enable employees to be aware of all tax saving avenues and make their declarations. A report on how the tax is computed with various deductions considered helps employees to be in full control on their taxes
- Leave & Expense Management - The interactive app will help employees and managers to collaborate and manage leave and expense claims and approvals better. Employees can track and submit online leave and expense claims and managers get immediate notifications of the same for approvals
- Complete Employee data - Employees get to view details of their profile including information of their managers, salary hikes, PF and ESI nominations etc. and any information which the company maintains like assets given, offer letter, experience letters etc. based on the access rights set up by the HR
- MIS Reports – Helps make informed decisions with reports on attrition, increments, attendance, leaves, transfers, loans, birthdays, expenses, etc.
- High data security – Software is built on SSL, 128-bit data encryption and hosting on Amazon Web Services
- Role based user profiles – Allows to create role based logins for HR, auditor, managers, etc. and let them view only data that’s important for them
- Auto updates in laws- All changes in statutory laws are automatically updated in Paybooks
- Letters & forms - Create and print all letters like joining letters and relieving letters instantly with dynamic templates
- Flexible benefits plan - Enable employees to choose their benefits from their basket of allowances and submit claims and upload proofs for online approvals
- Prompt support & tutorials - With online help desk, live chat, phone & email support, video tutorials, and help manuals, the customer care team would get all queries solved quickly
- Document management - Store documents of employees such as experience letters and address proofs online and view them from anywhere, anytime
- Shift management - Create and manage multiple shifts and attendance policies. Employees and managers can even make online shift/time stamp change requests and approvals
Paybooks is a Payroll Software and Services firm founded by Chartered Accountants, Cost Accountants, and MBAs with more than 15 years of industry experience. Paybooks offers software as a service based online payroll software and payroll processing services to its clients. The clients can outsource / co-source their entire payroll or insource their payroll and use online payroll software on a SAAS model. A large number of companies from different industries rely on Paybooks for their payroll requirements.