In today’s world, business cannot be handled by individuals. It needs a number of employees to handle different segments of the complete business. Every employee of the company needs to be paid on periodic intervals. Hence you need a good Payroll System.
Payroll refers to the employees who are paid along with employee information. Payroll also refers to the amount employees are paid during each pay period. Employees may be paid on Monthly Salary basis or based on Daily Wages. Employee’s salary is a total of various breakup components of his pay package less the total of various deduction components.
Whether the employees are paid on monthly salary or daily wages basis, their attendance, Weekly Offs, Holidays, Leaves and Absenteeism is taken into account during the salary calculation.
In the above context, SAVIOR Payroll is an ideal match for SAVIOR Time Office application. SAVIOR payroll provides a seamless integration with SAVIOR Time Office application from where the Present, Absent, Leave, Weekly Off, Leave, Leave without pay etc. data is captured. Based on various salary components defined in SAVIOR Payroll, the monthly salary is calculated. Payroll processing starts right from SAVIOR Readers. Attendance is processed through SAVIOR Time Office application and this processed attendance data is used by SAVIOR Payroll software for Payroll Processing. It provides a single window solution for attendance recording and payroll processing.
