A payroll system that adheres to best practices can bring you significant dividends. Stop juggling between confusing excel sheets. Automate your payroll for hassle-free/stress-free month ends and salaries on time. Additionally, get 100 % statutory compliance without lifting your finger.
greytHR is India's best cloud-based payroll software that tackles all aspects of the payroll process such as processing salaries on time, avoiding tiring & error-prone manual calculations, and adheres to all statutory compliances.
After you’ve configured and implemented greytHR as per your needs, a click is all that you need to process employee salaries.
If new to the process, tool, or you want to review and verify data while processing payroll, don’t worry; Select the manual payroll process option to process payroll in a guided manner with the help of an online checklist.
On clicking Process Payroll, greytHR accurately and automatically computes salary for all employees including statutory deductions (PF/PT/ESI/TDS), loan deductions, arrears, revisions, loss of pay, pro-rata salary, IT computation, etc.
Verify accuracy in each payroll by using a variety of payroll reconciliation tools at your disposal. Compare current and previous month’s payroll and also, customize salary register and payroll statements as per your needs.
greytHR’s in-built payroll calculator offers flexibility to handle any type of salary structure. Define highly customizable salary structure specific to your industry standards, specifications, or requirements and employee category.
Add unlimited salary components from our repository to create a salary structure that suits your business needs or industry/ statutory norms/ regulations. Some of these salary components are standard while some are highly specific components.
A growing organization needs to accommodate not just basic payroll but also reimbursements, loans and advances for employee betterment. greytHR’s web payroll also incorporates:
greytHR payroll software provides you with seamless integration of leave and attendance information for all employees as payroll inputs. This integrated payroll system helps you to:
Generate statutory return file formats, such as PF ECR file, ESI Returns, PT reports of all states and Form 24Q returns without any additional data entry work.
greytHR’s payroll management software allows you to disburse salaries through any bank through multiple payment modes, such as cheque and bank transfers. Also, it has:
Payroll doesn’t end with payslip distribution, reconciliation or disbursement. To have a smooth link between your finance and payroll teams, our payroll system allows you to generate Accounts JV easily via:
All statutory deductions for PF, ESI, Professional tax, IT, etc., are automatically updated by our payroll system as per the latest laws and amendments. The payroll management system provides you these features along with all required and customized reports:
greytHR has 120+ readymade and standard reports, including statutory reports.
Our payroll management system provides you with multiple configuration parameters for the following reports: