Generates Analytical Reports For Easy Processing of Salary
Adept In Managing Complex Payroll Systems
Payroll Management System
Compensation is an integral aspect for any organization and we provide an enhanced payroll management Software module which encompasses all statutory compliances. The system consequentially links employees’ attendance and leave system for accurate and timely processing of the payroll. Besides, our authentication and authorization checks safeguards employees’ confidential information against any exploitation.
Benefits
Integrated Platform
Unified module comprising advanced features supported by latest versions of MS-Excel and ERP systems.
Statutory Compliant
Abiding statutory compliance absolutely, we manage employees’ ESI, PF, income and professional tax.
Customizable
Indigenously designed, the platform allows customization of module to harmonize with an organization’s needs.
Features
CTC Structuring
Based on the defined CTC, the system automatically creates the salary breakup according to configured policies.
Performance
With speedy computation, the system processes over 1000 employees’ salary per minutes, saving time of payroll users.
Import & Export
All data can easily be converted and imported from excel using predefined formats to new formats as defined according to requirement
Audit Trail
System retains the entire audit trails automatically, which enables seamless audit and allows amendments at any given point of time.
Month Lock
Feature freezes monthly salary after the predetermined date of processing the salary and statutory submissions; however, Admin User can reopen it in exceptional situations
Mobile Application
Allows complete access to employees via self-service option on the mobile app, giving the freedom to users to make investment declarations online and view pay slip.
What our customers have to say
What our customers have to say
“Payroll Insights Software enabled us in attaining better performance with less effort and compliance through automation – Farsight migrated our earlier payroll data in the solution and we are able to generate Form-16, Form-5 etc.directly from the system. Web based Employee Self Service portal (ESS) has also increased the productivity of HR as well as of all employees”
“We have been using Farsight HR Software Solution from 2014 onwards and find it very user friendly; the team is professional and have implemented the solution for our 7000+ Employees. Web based Employee Self Service portal (ESS) has also increased the productivity of HR as well as of all employees. On behalf of CP Aqua we wish them success in future…“
Vice President – CP Group