"LuitBiz HRM" - Payroll Management
 
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Payroll Management:

LuitBiz HRM automates all you payroll processes and helps your HR and accounts departments to streamline the payroll process. You can configure your payroll rules, and leave the rest to LuitBiz HRM -- it saves you lots of time spend fixing your payroll issues.

Loans & Bonus:

You can configure your loans and bonus types and use LuitBiz HRM’s payroll process to adjust employee payments. This saves a lot of time spent in processing paper loan applications and managing payment records.

Reimbursement Management:

Your employees can claim reimbursement via LuitBiz and the payroll process will take care of adjusting the payment in the employee’s pay slip. This streamlines the reimbursement payment process and helps your organization save a lot of valuable time and money.

Payroll Management:

The user defined salary heads, salary structure and salary formulae of LuitBiz HRM make it very easy for you to pay your employees. Close integration among payroll, attendance, and leave management allows you to define your payroll formulae with ease and generate employee payslips.

Employee Taxes:

Employee taxes (PF, Professional Tax, 401K, TDS, etc.) are handled by the payroll module of LuitBiz HRM allowing you to centrally manage all the taxes and deductions.

  Business Benefits:

The business benefits of the payroll management module of LuitBiz HRM are:

  • Using basic payroll data, together with data on attendance and hours worked, LuitBiz HRM provides you with a wealth of reports for in-depth analysis of staff costs for your business as a whole, across departments and even individual jobs and contracts.
  • LuitBiz HRM’s payroll process increases your flexibility and gives you more control over your payroll information keeping track of it easily and maintaining a comprehensive, up-to-date perspective on your payroll expenses
  • Simplified data entry saves time and helps reduce errors
 

 

 

 

 

 
LUITBIZ FEATURES
 
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