Payroll software makes the work hassle-free and in turn manages the payroll professionally. The management of employees' information and routines on the daily basis become briskly convenient at the HR's end with the incorporation of this application. The THMS software is quite convenient to use. You can access contact information, personal information, salary data, attendance, investment details, salary certificates and much more. This amalgamation of human resource management and Information technology gives the employer a competitive edge as the reduction in the chances of errors increases the productivity.
Holidays and Designation wise office hours Working out holiday entitlements can be a mind-boggling experience for many hotel executives. With FusionPMS, you can create a proper policy and process in-place.
Working out tax details while computing the payment for staff is complex and time consuming. FusionPMS payroll system helps you deal with payroll related events, such as if an employee is promoted, leaves the company or if a tax rate changes.
Think about how long it takes your team to perform payroll tasks each week and month. It also takes a lot of time to track records, such as who was hired, when and at what pay structure. It is also required that someone keeps a record of attendance. At the time of weekly or monthly payment, it creates an additional pressure as everyone’s pay needs to be calculated with accuracy.
A hotel is a 24x7 business and the staff requirement is based on the occupancy. There are different types of employees with various work shifts, which makes it hard to keep track of attendance. Correct attendance recording is required to calculate the right pay and to analyse employee regularity, punctuality and other insights. FusionPMS payroll comes with a fully configurable attendance system that can be used with fingerprint or smart cards.
In many countries it is a statutory requirement to deduct tax, other statutory obligation(s) and contributions to state fund. There are other general deductions that need to be accounted for while calculating pay. An employee’s satisfaction involves getting paid on time with accurate general and statutory deductions. With FusionPMS, you can easily define the process and policies, and get the accurate calculation automatically.
Employees often need to know how the pay has been calculated and they sometimes need documents for their home loan or other statutory requirement, as well. FusionPMS helps you to easily print out the pay slip and pay-check in an easy to understand format.
Also, other departments need certain analytical reports related to payroll, such as daily attendance sheets and pay sheets. With FusionPMS, these reports are centralized and can be used by executives of other departments that have been granted access to.