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An Ultimate Payroll SolutionPayroll Insights
Introduction① Payroll Insights in developed using latest
Microsoft .Net Technology② End to End solution for automating Payroll Process③ Live at 200+ Big organizations (BPOs, MNCs,
Manufacturing Units, Outsourcing Companies etc.)④ More than 2.5 Lakh employees processed on
monthly basis⑤ Integrated with all major ERP solutions⑥ Support data import & export from MS-Excel⑦ Help you in maintaining 100% statutory
compliances⑧ Provide you real time access to Payroll Analytics
HighlightsPayroll Insights
Multiple financial
years2011-20122010-20112009-20102008-20092007-20082006-2005
….
empowering users
unlimited number of users
Unlimited number of EmployeesH.O
Plant Branches
Integration
IntegrationWith 3rd Party HRMS Solution
IntegrationWith 3rd Party ERP Solution
Interfacing with3rd Party
Return Utilities (Webtel/NSDL etc.)
Attendance DATA
Rules & Policies
Enterprise ESS1. Profile Viewer, Update
my info,2. Investment
Declarations, Payslips, Tax Sheets and other reports,
3. Policy Documents, 4. Leave Application &
Approval, eMail Notifications,
5. Reimbursements Claims,
6. Loan Application & Approval
7. Attendance Marking from Web
Inputs
Complete Employee Database Managementat a single point
Import DataFrom Excel
Integration with Attendance Machine
Integration With 3rd Party Solution
Online Inputs from Employee Self Service Portal
User friendly transaction forms
ProcessingAutomatic Arrear Calculation
Salary
ESI, PF,
PTax etc.
Salary,
Income Tax etc.
Overtime,
Leave &
Attendance
Adhoc Payments Bonus, Refferal, Exgratia etc.
Loan Disbursement & Recovery
Reimbursement Processing
Full & Final Settlements
Statutory
Professional Tax
Statutory Compliances
Muster Roll
Reports
“N” number of well formatted excel reports: Bank Transfer Sheets, Salary Statements, Summary Reports, Data Export according to WEBTEL/NSDL format for TDS quarterly returnsData Export for integration with 3rd Party Solutions (Accounting Vouchers)And many more…
Monthly Head Count ReportVariance Report (Previous, Current and Variance)
Employee Movement Report.Yearly Salary & Reimbursement Details
Monthly Summary Report(Department Wise, Location Wise, Designation wise etc.)
Pay Reports: Pay Slip(YTD), Salary Statement, Variance, Bank Transfer etc.
TAX Reports: Tax Calculation Sheet, TDS Summary, Form-16 etc.
Statutory Reports: Complete set of ESI, P.F., P. Tax, L.W.F.,TDS reports
100+ Standard Payroll Reports
Sample Reports
Pay Slip (with leave details)Company Logo
Pay Slip (with YTD figures)Company Logo
Tax Sheet
Employee Self Service Pay-SlipsTax Sheets
Form 16Reimbursement
SlipsLeave Details
eLeave
Employee Submits Leave
Application
Manager Reviews the Application Manager can
reject the Application
Manager Approves the Application
InvestmentDeclarations
& Rent Receipts
Online Reimbursement
Claims
Online Loan Applications &
Approvals
Online WebPortal
For Employees
ConfigurationsUser Defined Salary Structure
CustomizableReports
Formula definition as simple as in Microsoft Excel
Reimbursement Policy (medical, LTA, Telephone etc.)
Security Configurations
Users • Admin Users• Payroll Users• End Users
(Employee Self Service)
Input Rights• Entry Level
Rights (i.e. Employee addition, deletion, view etc.)
• Import Data Rights
Report Rights• Report
Access Right (i.e. which user can view which report)
• Export Data Rights
Data Access Rights• (i.e. A user
can access only worker’s data or unit-1 data, whereas B can access complete data)
✔ ✗
Implementation Process
Existing Process Study
Data Collection
for Migration
Proposed Requirement
Gathering
System Study
Data Migration in
Payroll Insights
Installation
Customizations &
Configurations
User Training
Deployment
1st Month Payroll
Processing by Farsight
Training on Live Data
Final Configuration
s
Excel Export Configuration
s
Parallel Run
2nd Month Payroll
Processing by Client with
onsite support from Farsight
UAT Go Live
Telephonic
Support
Remote Support
Onsite support
Product Upgrade
s&
Patches
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