Meaning of HR and Payroll Software
• HR and Payroll software allows organization to generate pay slips and salary register, based on the attendance of the employees taking care of leaves, overtime, allowances, loans, advance, bonus, encashment and other standard deductions like PF, ESIC, Professional Tax and Income Tax etc.
• It is general type of software design to handle the generation of the periodic payroll for all short of business types and sizes.
• It is used to replace the tedious nature of manual payroll generation or the sometimes more costly outsourcing of your payroll.
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