Solucion Factible Payroll

Solucion Factible Payroll is a software solution offered by Solucion Factible Consultores that aims to efficiently manage payroll processes for businesses. According to the vendor, this solution automates and streamlines tasks related to employee payroll, such as calculating salaries, deductions, taxes, and generating payslips. It is designed to be suitable for businesses of all sizes, from small startups to large enterprises. Solucion Factible Payroll is said to cater to a wide range of professions and industries, including Human Resources, Accounting, Small Business Owners, Service-based Industries, and Manufacturing and Production companies.

Key Features

Payroll Processing: According to the vendor, Solucion Factible Payroll automates the calculation of employee salaries, deductions, and taxes. It is claimed to allow for easy customization of payroll components and supports multiple pay frequencies and payment methods.

Tax Compliance: The vendor states that the software ensures compliance with tax regulations by automatically calculating and deducting the correct amount of taxes from employee salaries. It is said to generate accurate tax reports for different regions and jurisdictions.

Employee Self-Service: Solucion Factible Payroll offers a self-service portal for employees to access their payroll information, including payslips, tax forms, and year-end statements. The vendor claims that employees can also update their personal information through the portal.

Leave Management: According to the vendor, the software includes leave management functionality to track and manage employee absences, automate leave balance calculations, and provide a centralized system for leave requests and approvals.

Reporting and Analytics: Solucion Factible Payroll offers pre-built reports and analytics, allowing businesses to gain insights into payroll data, such as payroll costs, labor expenses, and employee benefits. The vendor states that the software also allows for customizable reporting based on specific business requirements.

Integration with Accounting Systems: The vendor claims that Solucion Factible Payroll seamlessly integrates with popular accounting systems, such as QuickBooks and Xero. This integration is said to enable the automatic transfer of payroll data to the general ledger, saving time and reducing errors.

Compliance and Security: According to the vendor, Solucion Factible Payroll is designed to comply with local labor laws and regulations, ensuring accurate payroll processing and adherence to legal requirements. The software is said to follow industry-standard security protocols to protect sensitive employee data.