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factoHR

factoHR is a cloud-based human resource management system. It is suitable for businesses of multiple sizes and contains features for executing HR tasks including recruitment and exit management. It offers Android and iOS mobile apps that link to the employee self-service portal and feature an income tax calculator.

factoHR employs a rule-based engine for learning and adapting to users’ processes. It offers workflows that can accommodate individual approaches to managing attendance, leave, travel, performance appraisals and claim applications.

Payroll software offers modules for tracking time and attendance, employee onboarding and delivering training through a learning management system. The attendance system allows employees to do a leave application or an attendance correction application from a mobile device. It integrates with biometric attendance devices to fetch and compute attendance data for salary process

Perpetual licenses and subscription pricing are available. Support is offered via email and phone.

Do you have Payroll software for your company?

One problem that any size of company faces is its payroll. This is because all the tasks are done either manually or in spreadsheets. Payroll is also an essential function in any business, which is why it critical that it gets executed with the least amount of error. It takes a lot of time for HR and payroll department to be able to process payroll every month.

Many companies still do it manually which makes it all the more time consuming and prone to errors. Payroll system can be a solution to manual HR activities for all size of companies. But as there are many Payroll software available in the market, choosing the right one can be critical. To avail the best Payroll software in the Indian market, it must have the following criteria:

Know the features
The first and foremost thing is to have the knowledge of how Payroll software will benefit your business. The response timing of the software should be quicker. Payroll software provides automated and integrated attendance management, leave management, one-click payroll processing, and expense management software.

User-Friendly
User Experience is one of the most critical elements to consider when purchasing any software. The payroll software should be user-friendly as it makes it easy for employees, HR and team leaders to use. A simple, but yet smooth flow that contributes to a positive user experience is what needs to be aimed at. Any payroll software that your employees do not find easy to use will end up being a failed experiment. This is common and happens most of the time with HR software.

Legal compliances
It is of prime importance that you do not hesitate on any of the legal and tax laws as you might have to end up paying a huge penalty for the same. You have to take care of minimum wages, TDS and PF deduction, gratuity etc. In order to address such complex issues of tax filing, a tax module in Payroll Software is recommended. You are saved from accumulating documents from each employee and filing them. However, this task is not as easy as it seems.

Cloud-based
The desktop-based software has limitations within themselves and they can never compete with the advantages that a cloud-based software can provide. A cloud-based payroll software comes with advantages such as anytime anywhere access, ease of use, higher efficiency and employee collaboration. The software that you choose should let your employees view, operate and function through any device and at their own convenience.

Integrated with other systems
Choose a payroll software that integrates with your time and attendance management data, performance management, travel expense management automatically so that payroll disbursement becomes an automated and quick process. Piles of documents comprising manual recording of employees are inefficient and frustrating to keep track of.

The Takeaway

Hiring the best payroll system is an important task as other business processes. Keeping the above tips in mind would ease your process of choosing the best payroll software. factoHR is one such Payroll software that helps in providing the above-mentioned tips. It can help your organization with managing the deadlines of your tasks at your workplace. This helps to increase the overall productivity of an organization.

To know more about factoHR – HR & Payroll software

Contact +91 7820003100 or visit www.factohr.com

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factoHR
19, Balaji Towers, Sector 30A, Vashi, Near Sanpada Railway Station Navi Mumbai, Mumbai (Bombay), Maharashtra, 400705, India
phone: 7820003100
http://www.factohr.com
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Our Products & Services

Expense Management Software
Expense Management Software (10 days ago)
factoHR automatizes and streamlines your travel expense management workflow and makes expense manag... Read More

Payroll Processing
Payroll Processing (10 days ago)
factoHR’s in-memory engine ensures payroll processing in hours, not in days. All the post salary ge... Read More

Leave Management System
Leave Management System (10 days ago)
factoHR’s leave management system is most elaborative and flexible leave management system in India... Read More

Attendance System
Attendance System (10 days ago)
factoHR’s system is most elaborated and flexible software attendance management in India. It can be... Read More

Mobile App for HRMS, Payroll & Retirement Trust
Mobile App for HRMS, Payroll & Retirement Trust (10 days ago)
factoHR mobile app enables your employees to access their information from their smart devices anyt... Read More

Performance Management Software
Performance Management Software (10 days ago)
factoHR’s Performance Management Software supports four level assessment including employees, manag... Read More

HRIS (Human Resource Information System)
HRIS (Human Resource Information System) (10 days ago)
factoHR HRIS System platform helps you to track the complete life cycle of your employee which bene... Read More

Onboarding
Onboarding (22 days ago)
Employees are an asset to an organization. When you do right onboarding for the employees with help... Read More

Payroll Software
Payroll Software (22 days ago)
factoHR is a cloud-based human resource management system. It is suitable for businesses of multipl... Read More

HRMS
HRMS (22 days ago)
factoHR is online Payroll Software and HRMS software solutions optimized for SMEs to help them stre... Read More

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Related Categories

Payroll Software - HR Software - HR and Payroll Software - Leave Management Software India - Payroll Process - Expense Management Software - HRIS Software - Performance Management Software - Onboarding Software - HRMS Software - Attendance System - Performance Management Software India - Leave Management System - Expense Management Software India