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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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