You are on page 1of 4

PAYROLL BROCHURE

Paybooks
ONLINE PAYROLL SOFTWARE
OUTSOURCING CO-SOURCING INSOURCING

www.paybooks.in

Paybooks is web hosted, SAAS based payroll software with exhaustive modules to cover complete payroll related requirements of various companies from different industries. Paybooks is backed by payroll outsourcing, co-sourcing and insourcing services from an expert team comprising chartered accountants, cost accountants and MBAs with more than 15 years of industry experience. Our USP Includes:
Paybooks offers entire gamut of payroll services in minimum time at an unbeatable price. Listed below are some of our compelling value propositions:

3 different models of delivery - Payroll outsourcing, payroll co-sourcing and payroll insourcing services Just 24 hours of time taken to deliver complete processed payroll results for 1000 employees of payroll outsourcing clients Less than 15 minutes of payroll processing time for 1000 employees of clients using our online payroll software on a subscription basis

Less than 24 hours of implementation time. Seamless integration with any other ERP, financial or HR application, biometric applications, etc Automatic daily data backup downloadable in 10 minutes. Data hosting on ISO 27001 and BS 25999 certified datacenter Transparent Service Level Agreements at the time of signing contract and very strict adherence to SLAs

Our Clients:
A large number of companies from different industries rely on Paybooks for their payroll requirements. Mentioned below is a partial list of our clients.

With online employee self-service module, Paybooks empowers employees to submit their IT declaration online and apply for leaves, reimbursement, loans, etc. Paybooks has exhaustive features for attendance, statutory reports, MIS reports, compliances, PF, PT, ESI, E-TDS, gratuity, full & final settlement, flexible benefits plan, bonus & increments calculation, loans & advances, etc. Features:
Employee Self Service- Employees can view, print or mail their pay slips online. They can submit their IT declaration, leaves, and reimbursements online. They can view their personal and professional details, loans, holiday lists, company policies, etc. Easy processing across locations: Instantly process payroll for multiple companies having multiple branches in multiple locations.

Workflows- Workflow enabled leave, reimbursement and IT submission and approval process Configurable Salary Structure: Create unlimited salary templates and define easy formulas. Make different categories for salary by grade, level, CTC, etc. Automatic allocation to different components of salary once you enter the employees CTC. Full and Final Settlement- Prepare full and final settlement for resigned employees with option to consider adhoc adjustment amounts. Statutory Compliance- View, print or email all statutory returns like PF-5, PF-6A, PF-3A, PT-Form 5, PT Report, PF Challan, ESI Form 7, ETDS 24Q etc at the click of a button. Generate PF, PT, ESI forms that can be directly uploaded into respective departments websites. Easy compliance to TDS 24Q filing. Reports- View, print or email various reports like variance reports, branch wise reports, adhoc reports, annual salary statement, employee loan statement, etc. JV code report Mapping of JV code to individual pay components helps to generate a report to facilitate smooth data synchronization with financial application. User Based Access Controls- Define which user has access to which data and ensure that the information is shared only with the appropriate users. Give various levels of authorizations like view, edit, delete, etc. Overtime Manage over time of employees on both hour/day basis. Restrict maximum eligibility for overtime. PF Restriction options Restrict PF of your employees to either 780 rupees on a basic of Rs. 6500 or a flat 12% on actual basic.

Leave Management- Configurable leave rules with workflow for submission and approval. View leave details of employees like number of leaves accumulated, taken or remaining during the year. Attendance- Automatic import of attendance from any attendance management system directly into the software. Excel import option also available. Reimbursements: Workflow enabled payroll and non-payroll related reimbursements. Dashboards- Different departments view different customizable dashboards containing information in a nutshell like current head count, new joiners in current month/year, resignations in current month, Separate Login for Auditors Ask your auditor to login to the application with special login for him and save precious time of your finance department. Mass mailing to all employees Send bulk mail to all employees along with attachments at a click. Flexible Benefits Plans - Let employees plan their cash flows and tax by self-allocating from a basket of components.

Paybooks offers 3 different models of delivery to suit various payroll requirements of our clients. You can either outsource or co-source your payroll and get complete processed payroll results for 1000 employees delivered in just 24 hours. Alternatively, you can insource your payroll and use our online payroll software on a subscription basis at a very minimum price per employee per month. Payroll Outsourcing & Co-sourcing:
Outsource or Co-source your entire payroll related activities to Paybooks and save 20-30% of your top level management's time spent in managing entire payroll cycle. We provide following services to clients who outsource / co-source their payroll.

Process monthly payroll Prepare bank advise statement for crediting salary to employee bank account Preparation and filing of the Profession Tax, Provident Fund and TDS deductions. Prepare and file quarterly E-Tax Deducted at Source returns.

Prepare and issue tax deduction certificates (Form 16) at year end for employees with tax deduction and salary certificates for employees without tax deduction. Process full & final settlement of the resigned employees Provide consultancy to employees on all salary taxation matters.

Software as a Service Advantage:


With Paybooks, there is no requirement of any hardware, software or IT support and hence you save a lot of cost. All you need is just a browser and an internet connection.

Available throughout the world- Whichever part of the world you or your employees may be in, you can access the data anytime from anywhere. Automatic upgrades to latest version- All the new features get upgraded automatically and you always use the latest version of the software.

Low Cost- When you subscribe to SAAS application, you avoid cost of installing software and maintenance fees. You pay only for what you use. Low Risk- Faster implementations and outsourced expertise dramatically lower risk.

Paybooks
Corporate Headquarter
23, 1st Main Road, Ganganagar, Behind CBI Office on Bellary Road, Bangalore, India - 560032. Telephone: +91-80-4049 4545 Email: info@paybooks.in Website: www.paybooks.in

Sales
sales@paybooks.in

Public Relations
press@paybooks.in

You might also like