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    The most complicated part in calculating salary of an individual is his attendance. Mostly HR spends the month end in arriving at the present days of an employee for calculating salary. The problem is compounded when there are many rules that needs to be applied in attendance while processing payroll. The rules may pertain to late coming, early going, permission, overtime, compensatory off, working on a weekoff/holiday, working continuous shift, break-shift, working night shift, leave rules, etc. If the organisation has multiple locations, the data synchronisation is normally a challenge and the attendance is manually pushed from locations to the Corporate office for payroll process. This results in inaccurate data since the data is prone for change in excel. Management is not aware of the attendance accurately when it really matters Different organisations follow different rules pertaining to a time office event making the logic complicated. Since all these events have some impact on the payroll, HR spends most of the time in manually arriving at the numbers of these events before processing payroll. Wallet HR, attendance module addresses all the above concern thereby ensuring free and perfect flow of attendance to payroll without any manual excel changes. The solution is offered with the right hardware that is suitable for the organisation. Various type of devices that can be integrated are bio metric, card reader, face recognition and SIM based devices where there is no need for local network connectivity.
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    Payroll on cloud » Wallet HR – comprehensive payroll software in India is on cloud now. No high investments on the hardware. No more installations and upgrades. Just log in and start working on the application. The data is well secured with complete encryption on the cloud. You just need the internet to log on. Crystal would setup one-time configuration co-ordinating with the end-users and upload the data. End-users will be provided training on the Wallet HR – best payroll software in India -- to effectively use the payroll software. Wallet HR – Payroll software on cloud – can be configured to any type of industry verticals irrespective of any size or complications. User friendly screens would enable the user to use the application at ease. Productivity of the people employed to work on the payroll software would be greatly enhanced. End-users will have an excellent functionality unseen in the current brand of products across India. Wallet HR – The payroll software – stands out on performance. Payroll will be processed on the fly for thousands of employees. A feature which is almost impossible in any other similar solution on the web. Reports of any kind and on any parameters that are defined in the payroll software can be generated and exported to excel in a fraction of seconds. Seeing is believing. With the right data on hand in excel, entire payroll process can be completed within 4 hours – Guaranteed. Employee Portal An employee through the web portal can access his personal information and the financial information such as pay slip, tax worksheet and can submit investment declaration online. An employee can also request leave and take the approval from the manager online. Approval/rejection notification would be mailed to an employee to his mail id.
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    Wallet HR is a comprehensive HR solution that handles the complete employee life cycle management of an employee in an organisation from hire to retire. People are the human asset of any organisation. Success of an organisation mostly depends on the success of the individuals in an organisation. Hence Human capital is treated as the most important part in an organisation’s growth. The challenge for an organisation starts from hiring a potential employee among thousands of candidates thus making the process of selection a cumbersome activity. The monotonous activity of screening thousands of resumes, filtering the preferred skill set for various position by a qualified HR resource in an organisation results in wasting the time of a well-paid resource that can be put to more productive use. Further the collating the employee personal data, documents and updating in the system for future ready use always becomes challenge. The problem gets compounded if the organisation has hundreds of employees. The next challenge for any organisation is to be cent percent compliant on various statutory matters related to labour. There are issues in connection with managing PF, ESI, Professional tax and income tax. Any non-compliance on any of these is seen as a serious offence and the maximum punishment may even lead to imprisonment of the CEO. Further payment of salaries on time is crucial in keeping the motivating levels of employees in an organisation. Wallet HR, recruitment and payroll modules helps in automating most functions that are critical thereby saving enormous time and money.
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