PAYROLL
Payroll software is a solution, whether on-premises or cloud- based, that assists in managing, maintaining, and automating employee payments. It is designed to aid in the accurate and efficient processing of compensation to employees.
Payroll software offerings such as Million, Auto-Count, Rymnet, HR 2000, SQL, Panda, Boss Net, HRMS, ActPay, Sage, and Masteritic serve organizations of various sizes by helping them ensure compliance with tax regulations and other financial laws, while also contributing to cost reduction.
Payroll, in its essence, refers to the total compensation that an employer is obligated to pay to their employees for a specific period or on a appointed date. It encompasses the entire process of remunerating employees for the services they render on behalf of their respective organizations.