Zoho has offered an automated cloud based software for payroll management in the organization. It manages all the operations of payroll like generating pay slips, deduction, allowance and breakdown of taxes. It works as a platform to differentiate the pay slabs of every employee, executives and managers as per their roles. It gives access over a number of banks operating in the area and enables direct transfer of salaries into the respective bank accounts of the employees without any delay.
Zoho Payroll app also facilitates seamless coordination and collaboration between payroll department and independent employee minimizing the time in payroll processing, employee requests and responses. It assigns and manages increments, ESI, PF, Insurance schemes running in employee salary accounts and reduces the burden of handling big paper files.
By designating user roles to the employees, it offers direct platform to employees to overview and analyze their payroll structures. It calculates all the gratuity enabled to the departing employee automatically and facilities the organization to acknowledge employee at the time of release from his services.
