Real HCM Payroll empowers organizations to handle any type of Complex Payroll requirements. Our Configuration Panel helps in managing payroll processes effectively and integrate end to end Leave – Attendance and Payroll Management. From Employee Salary creation to Statutory Deductions, loan processing, stop payments, loss of pay, pro-rata salary, Income Tax computation can be executed within no time. Real HCM Payroll module is designed to handle all aspects of payroll processing for businesses across industries. Our Payroll module integrates seamlessly with Real HCM Modules and Employee Self Services modules to offer a comprehensive solution that considers leaves, loans, advances, overtime, incentives, bonus, hourly wages, contractor payments etc.

Payroll Components

Create earning /deduction component  such as Basics, LTA, HRA, Incentives, Medical , Travel Allowance / PF / PT /ESIC etc. as per your organization policy. These components become part of your salary slip.

Loans / Overtime / Arrears Management

Manages overtime Payment, Loans , Performance incentives , Arrears . All the parameters are master driven and can be changed with the change in business policies.

Commission Module

Manages complex commission calculation as per targets and achievements. All the parameters are master driven and can be changed with the change in business policies.

Tax Declaration

On declaring taxes at start of the year against your CTC, System will process the TDS amount as per the declaration. Later at time of actual Investment submissions, system can calculate the balance TDS and generate Form 16.

Salary Disbursement

Real HCM supports employee salary transfer and multiple payment methods such as cash, check , bank transfer , RTGS / NEFT  with TDS Calculation. System can also generate Bank report as per requirement.

Comprehensive Payroll Reports

View overall salary paid in company for a month along with various earning and deduction details. Employee wise Salary reports and various other MIS reports can also be generated.

Expenses & Claims

Expense Management Solution caters to streamline and automate the submission and approval of multiple expenses and expense types. Expenses include travel, lodging, car rentals, meals, etc. It focuses on restructuring your company’s present expense management system to cut losses and maximize profits.