PulseHRM's Payroll Software is a comprehensive, cloud-based solution designed to streamline payroll processing for small to mid-sized organizations. By integrating seamlessly with attendance systems, it ensures accurate and timely compensation management, reducing administrative burdens and enhancing operational efficiency. Key Features and Functionality: - Synchronized Attendance and Payroll: Automatically syncs attendance data with payroll, ensuring precise calculations. - Automatic TDS Deductions: Calculates and deducts Tax Deducted at Source (TDS) during each payroll run. - Simple Tax Filing: Facilitates local and state-level payroll tax filings on behalf of the organization. - Self-Service Portal: Empowers employees to update personal details, regularize attendance, and access pay slips and Form 16. - Detailed Reporting: Offers prebuilt standard reports, including year-end documents like Form 16 and TDS. - Time Integration: Imports working hours to ensure accurate employee payments. - Compliance Management: Helps organizations stay compliant with labor and taxation laws. - Expense Management: Manages expense policies, approvals, reimbursements, and loans. Primary Value and Solutions Provided: PulseHRM's Payroll Software addresses the complexities of payroll processing by automating critical tasks such as attendance synchronization, tax deductions, and compliance management. This automation reduces manual errors, saves time, and ensures employees are paid accurately and on schedule. The self-service portal enhances employee engagement by providing easy access to personal and payroll information. Additionally, the software's robust reporting and analytics capabilities offer valuable insights into budgeting and compensation, aiding in informed decision-making. By consolidating various payroll functions into a single platform, PulseHRM simplifies payroll management, allowing organizations to focus on strategic initiatives and business growth.