Eduwonka Payroll Management System

Facilitating Compliances

Salary expense is one of the most important and biggest heads (next to premises) for any educational institute – after all, employees are your human capita and in charge of guiding our next generation - they must be invested in, no expense barred.

These expenses come with a whole host of compliances – structuring the salaries right, payment of PF, and calculation and payment of personnel tax to the government in a timely manner. With employee strength as high as in the 100s, it is impossible for one person, or even a group of people, to maintain payroll management and pay slip generation manually – something is bound to be missed, which may have legal and compliance related repercussions.

Eduwonka Payroll Management System is your friend and the most potent tool to facilitate all kinds of compliances and pay slip generation.

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What it offers?

Automate Pay Slip Generation

Payroll management is a recurring activity – every month, members of the staff must be paid their salaries, every month their TDS must be deposited, every month PF (where applicable must be deducted and deposited by both employer and employee), and every month pay slips must be generated to facilitate both the HR and Accounts teams.

Automate the entire process on Eduwonka Payroll Management System to automatically generate pay slips and facilitate your core departments – month after month, year after year.

Analyse Salary Spends

Which is the department with maximum salary payout? Are they in return contributing the most to the learning operations or revenue? Are there any departments which are proving to be cost inefficient? Is there a particular designation with high payout and low returns?

Analyze these and more on Eduwonka Payroll Management System for more efficient use of salary spends.

Track Compliances

Are you due to deposit TDS or PF or any other employee related payment to the authorities? Use Eduwonka payroll management system to keep track of these compliances and ensure timely payouts. Be ideal in compliance management, a delay may cost you much more than a financial loss.

Benefits to the organisation

Create Customized Pay Slip Templates

An educational institute has a whole hierarchy of employees – teaching vs non-teaching staff, administrative staff vs management staff, housekeeping staff vs accounting staff and so on. Salary structures may differ for each category based on the compliances which must be met, while optimizing the tax deduction for each employee.

Design your own pay slip templates with Eduwonka Payroll Management System with the required salary structure to enable HR handle salary payouts better.

Generate and Send Pay Slips in Bulk

Every employee must be paid salary and pay slips must not only be generated but shared with the employees for their records as well. For every institute, there will always be groups of employees with the same payout under the same heads – generate bulk payslips on Eduwonka Payroll Management System for such organised groups and send those payslips with a single click.

No more individual emails to send the pay slips to everyone, and certainly no more paper pay slips which must be individually signed by both payer and payee for acknowledgement and record keeping.

Report Generation

View salary reports by year, month, designation, joining date, department and individual. Keep track of their due increments by viewing at an individual level, analyze the spends by aggregating at a group level. Make sure to not miss out on compliance related payments like tax and PF by periodically viewing these reports.

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