Salary
computation errors may worry any employee working on any position within an
organization. If the errors are quite frequent, then this may develop sense of
distrust among the employees towards the payroll departments of the
organization. This is because, if the disbursed salaries are wrongly
calculated, the process of rectification and clearing due amounts is quite a
tedious process for both the parties. The payroll administrators need to adjust
the amount in next month’s salary sheets that may be troublesome for them.
In
India, most of the organizations usually rely on manual payroll systems and
even the employees compute their expected salary for upcoming month well in
advance. But, in larger organizations with a relatively higher number of
employees, this cannot work and human errors are indispensable. It is because
the organizations have multiple offices with more employees and it is
practically impossible to monitor each employee’s monthly contribution.
It
is the time to change the traditional trends and get on track with new
technology. However, using HR software for tracking employee attendance has
been in trend for quite a while now, but incorporating a payroll system with it
is the need of the hour. TeamWise-Payroll Management System is integrated with
the HRMS that will automatically compute the individual salaries by taking out
necessary information regarding tax deductions, allowances, incentives, etc. It
will also free your payroll administrators from the tedious manual task, and
shift focus towards other necessary considerations. Now, you can pay our employees on time even if
your payroll administrator is on leave for long!
