In a highly automated and competitive business environment, companies look towards ROI and quick turnaround while
implementing softwares. However unlike ERP, Accounting, logistics and other departments one area which is normally
not "completely automated" is the payroll and the employee benefits system. This is more so due to non-availability
of a standardized software product catering to this segment. Even today a lot of manual filing of statutory forms
and internal reporting is being followed in large organization with a good IT infrastructure. Addressing this wide
gap, PaySoft - The most comprehensive employees benefit package was introduced a decade back.
Today the product has a market lead in terms of time and comprehensiveness as it covers all the statutory reporting
requirements as per the income tax rules for employees TDS (Form -16/24), provident fund (for both Un-exempted & Exempted
Organizations) reports and State Insurance filings. With a strong presence in Mumbai, Nashik/Pune(Maharashtra), Delhi(North),
Lucknow, Ahmedabad, Bhopal, Indore and Chennai it reduces the payroll processing work and other allied statutory reporting
significantly by upto 75%.
Being highly parameterized software, it is flexible and also includes all the latest IT amendments. Having been implemented
in sites ranging from 50 employees to 3500 employees, the software is the choice MNC's and various other Government and Public Sector companies.....