Name: Payroll Management
Price: 12 USD
Author: SPIKYARC

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Vertical-Specific

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The Payroll Management System by SPIKYARC is designed to accurately and transparently manage payroll for businesses of all sizes. This software solution caters to a wide range of industries, including manufacturing, construction, retail, hospitality, and healthcare.

According to the vendor, the Payroll Management System ensures accurate payroll calculation by taking into account factors such as attendance, leave, overtime, and statutory deductions. It generates detailed pay slips for each employee, providing a transparent breakdown of earnings, deductions, and net pay. The system also tracks employee attendance, allowing for easy monitoring of work hours, leaves, and late arrivals.

It handles statutory deductions, such as taxes and social security contributions, ensuring compliance with relevant laws and regulations. The system manages the process of disbursing employee salaries, including direct deposits, checks, or other payment methods. It provides a comprehensive leave management module, allowing employees to request leaves, managers to approve or reject requests, and automatic adjustment of leave balances.

An employee self-service portal is available, enabling employees to view and update their personal information, access pay slips, and submit leave requests. The system ensures tax compliance by automatically calculating and deducting the appropriate taxes from employee salaries. It also offers reporting and analytics features, providing insights into payroll trends, costs, and other relevant metrics.

According to the vendor, the Payroll Management System seamlessly integrates with time and attendance systems, enabling the automatic transfer of attendance data for accurate payroll calculation.

Basic

Gusto offers payroll, benefits and compliance capabilities. Gusto is scaled for small to mid-sized businesses, and emphasizes an easy to use interface.

Simple: A streamlined set of automatic payroll features and benefits integrations

Plus: Comprehensive payroll, benefits, and HR tools for employers building a great place to work

Premium: Scalable payroll and benefits, expert HR, and dedicated support for the complex needs of growing teams

Gusto

AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.

AccountEdge Pro

AccountEdge Network Edition

AccountEdge Hosted

AccountEdge

Payroll Management

Payroll software is a point solution that focuses on calculating and processing employee pay, generating tax forms, and benefits administration. However, payroll capabilities can also be rolled into larger human resources (HR) management software, ERP software, or accounting and budgeting software.

SPIKYARC

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Support for external payroll vendors

Support for external payroll vendors is the ability to integrate with 3rd-party payroll services.

Off-cycle/On-Demand payment

Provide employees access to wages accrued during the pay period before the end of the pay cycle.

Payroll history for each employee

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Payroll tracking and auditing

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

Reimbursement management

Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

Statutory form management

Generation and management of tax forms (state and federal).

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

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Payroll Management

Overview

What is Payroll Management?