We have built a global payroll engine to eliminate the stress of payroll processing.
Run payroll with ease and build trust across your organization
Customize the Ideal Salary Structure for your Organization
Easily accommodate your requirement of compensation packages with various salary components. Offer your employees a tailored salary structure
Effortlessly Handle Various Pay Cycles Across Diverse Groups
Leverage the platform's capabilities to create multiple pay periods and cycles, efficiently managing payouts for distinct employee groups
Empower your Employees to Optimize Taxation with Flexi Benefit Options
With a robust and compliant flexi benefit policy, you can customize various components like LTA, Meal Coupons, Driver Salary, Children Education Allowance, etc. This empowers employees to effortlessly manage plans, claims, proof submissions, and tax savings
Declare Taxes and Generate
Form-16 Effortlessly
Enable your employees to declare and edit taxes and submit proofs seamlessly from the HR portal, facilitating easy tax management and tracking
Process Loan or Advance Salary requests with a Few Clicks
Empower your employees with financial flexibility through a simplified loan and advance request process
Effortlessly Integrate our Global Payroll Management with Internal Modules
Our global payroll management system syncs automatically with attendance, leave, performance, expense, arrears, and compensation data
Enable Employees to access their Payslips anywhere, anytime
Our chatbot will help you reduce employee inquiries and access payslips effortlessly through mobile and web apps
“Akrivia HCM has been ‘nothing short of transformative’. The user-friendly interface of Akrivia has significantly simplified our HR processes.”
A payroll management system is used to streamline the payroll processes of employees on time. The key objective of PMS is that it adheres to tax laws, reduces manual errors, and ensures accurate payments.
The payroll processing system is software that helps in processing an employee’s pay. This involves automating the process of calculating the wages of an individual after tax deductions and other financial transactions. It generates pay slips, files tax forms, ensures data privacy, and maintains regulatory compliance.
Compensation management software is a tool to manage various employee benefits such as incentives and leave encashment. HR managers utilize this software to make sure the compensation to each employee is fair, competitive, and effective. This helps in improved employee retention.
The benefits of using a payroll management system includes:
Payroll control describes a set of procedures to prevent errors and fraud at the time of payroll processes. These measures help in ensuring accuracy and security and improve the overall financial integrity of an organization.
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