Discover the concrete HCM with cloud

HCM in the cloud enables users to perform HR activities with the software at anytime from anywhere. Hence, why we say convenience is a key deliverable of cloud HCM software solutions! It provides the sufficient information to executives and managers to draw decision and provide maximum employee experience. The cloud can make current HR practices more flexible and responsive that will support businesses. With the unpredictability of the business landscape, organisations which can confront change in businesses will outperform the competition with the SaaS technology. Thus, the cloud will redefine HR, where all functions will be quick and graceful.

HCM applications in the SaaS can cater swiftness in many ways. For an instance, a vendor providing its HCM software solution on the cloud will update the software without much effort and at no cost compared to on-premise HCM solutions. A conventionally installed solution is upgraded every two to three years which might incur an additional cost. On the cloud, these upgrades can be done without deep planning and large costs.

With cloud HCM software, HR can make changes where new features can be added or unwanted features can be removed whenever it is necessary. That is a benefit of having a comprehensive set of HR facilities on the cloud. With time, HR cloud vendors will come up with further discovery with fluctuating technologies. Altogether these factors make it easy for HR to deal with technology to boost modernization and redefine business agility.

Visit hrmantra.com to explore HCM software on Cloud!

The reason why HR Management Software will Decrease Business Pressure

Each business has a multitude of segments which requires the attention of professionals for a strong solution. Not handling all of these business operations would certainly lessen down the growth of a company. However, tracking operations and handling employees is effortless now with HR management software. When you are managing business operations you need centralized control and access to all the information that is deriving from different sectors of the operation structure. HR managing software can give such facilities with ease.

How These Applications Help?

HR managing and payroll processing services of efficient applications can accumulate data from different sources and offer you the choice of executing it with precision. Precise management processes gained from these applications can help you to channel your resources towards success. These efficient systems can help your company to carry out HR functions with ease. Aside from offering management solutions, these systems come with time tracking, operation handling facility, HR process supervision, and many other facilities to simplify the business operations and maximize the capability of your workforce.

Key Features of these applications-

1. Task creation and scheduling
2. Managing projects
3. Discussion board creation
4. Report generation
5. Access to webmail platform
6. Operation and information security

Each of the features of these HR handling systems is designed to manage a specific work structure and simplify the whole business operation. These applications are designed to understand the importance of workforce in taking care of and shaping the business.

So, we can state that this new HR management system can focus on handling work processes of employees and automate business operations to increase productivity and gain success. This application also brings a chatting platform with instant messaging and voice chat facilities to add sophistication and precision to the business operations.

Utilizing your workforce or employees for a better business future is in your hand now. With such systems and solutions, you can manage your workforce while gaining reputation and revenue both.

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Payroll without papers : Pipeline processes and reducing Payroll Cost.

Setup Payroll- Based on how simple or complex your payroll processes are, you can use HRMantra to setup various options/parameters that the online application uses to automate the processes. For example, you can list your employees by generating unique employee numbers, group them based on their employees status (on probation, confirmed) or position attribute types. You can even employee categories such as Grade, location, Cost Center, Department etc to group them based on common attributes.

Inputs for Payroll: Managing employee information, arrive at payable days, leaves one time payments etc. are some of the monthly transactional HR Tasks. Having a clear overview of this information is a crucial payroll task. With HRMantra, you need to worry about manually preparing these inputs and passing to the payroll processor. HR to payroll end to end automation can be achieved.

1. Employees can contribute extra voluntarily to their PF account and give details of the family members who are going to be nominated for various schemes.
2. Any kind of loans or salary advances can be defined and calculated on flat, reducing, PMT and average value method.
3. Once a loan is granted the loan EMI calculations can be automatically done in the HRMantra payroll hr software.
4. The personal or housing loan comes as a deduction in the pay slip or as a separate loan slip. Get a report at any point of time to figure out how many employees have taken the loan and how much of the loan money is outstanding.
5. Any number of perks earning can be defined as also the number of pay earning, perk recovery and deductions.
6. You can define the IT exemption limits.
7. In Pay heads like HRA, standard salary entitlement can be based on fixed amount or formula based.
8. We are taking the help of math functions like IFF, MOD, INT; operators like <, =, AND, OR and pay heads which are included in adjustments, arrears, earned the salary, normal salary and other fields like whether that pay head is based on location like Bangalore.
9. Pay heads can be included in full or final settlement or a flexible benefits plan or in group insurance as per the requirements.
10. For deductions like PF, do the adjustments based on full or negative or partial amount.
11. HRMantra can be customized 100% for even the most complicated pay calculations in the entire world.
12. Create any kind of JV reports in text, excel or base format based on any combination of pay heads so as to be able to import into your accounting software thus doing away with any kind of salary related data entries again.
13. In case your firm has flexible benefits plan then it is very easy to configure the pay heads included in flexible benefits based on the formula or a maximum limit.
14. The profession tax table applicable in various Indian states has already been created.
15. All the changes announced by the finance minister in the annual budget are implemented in seconds using a powerful income tax formula builder.
16. HRMantra has a very elaborate increment process based on pay cycles or slab bases or it could also be based on formula applicable to certain pay groups.
17. Open flexible benefits plan and investment form for a certain group of people for a certain period and send an email to all of them in just one click.
18. HRMantra has a powerful import facility in which you can import loans investments, increment, processed salary data and current month’s payroll data using excel.
19. Salary processing can be done in a few easy steps. For full and final settlement of employees, more or less the same steps as just explained in salary processing are to be followed.
20. Employees can fill their investment declaration forms online and can also do their income tax calculations. They can also view their salary, loan and income tax slips in a few clicks.
21. Payroll Management system has lots of standard reports like company wise, department wise, designation wise, salary statements, Form 16, PF, ESIC statements, loan transaction, arrears exemptions and TDS reports.
22. Other reports like salary reconciliation, transfer, and promotion report as also e-form 24 Q, PF and ESIC reports and challans can be generated.
23. So using HRMantra web payroll software your payroll process becomes very simple & you can import the processed data into your accounting software. You can also do payroll outsourcing to us

Payroll process: HRMantra has simplified the payroll process by introducing a checklist driven process. This reminds the processor, updating employee info, handling employee salary revision , paying arrears, deducting LOP, updating employee PAN number, stop payment information and then perform monthly actions like processing payroll generating payroll statements verifying payroll differences, emailing payslips etc. Payroll process is at your finger and the cloud technology made the geographical proximity, a myth. You can access the software and process anytime, anywhere Payroll management services in India