Optimal Speed of REDNOTE
Generate Payroll in
10 Seconds
Track the Attendance in
15 Seconds
GET Income Tax Declaration in
30 Seconds
What makes us India’s no.1 payroll software
Salary Components
Now Company can configure Salary Components to Rednote
Track Salary Advance
Issue and repayment of Salary Advance is eased.
Biometric Integration
Integrate your existing Biometric device with Payroll Software
Asset Tracking
Track Employees and Employee Assets in Rednote.
Statutory Compliance
PF, ESI, EPS, IT and PT are automated depending on States.
Salary Revision
Approval based Salary increment for employees.
HRMS software in India
As the HR department evolves to meet the demands of a fast-changing, digitally-driven, and challenging environment, the employers at the HR team have to face many issues. From the analysis of the performance, recruitments, employee benefits, training, talent management, employee engagement, and employee attendance maintenance to manage the payroll, the HR must drive themselves to achieve it perfectly. To handle these challenges smartly, many HRMS companies in India developed the best HRMS software to maintain your organization’s payroll and leave management system. In this article let’s see why it is important to select HRMS software in India, its purpose, how our HRMS software helps to reduce your HR work role.
What is HRMS?
An exclusive HRMS software in India is a new-age HR management solution that takes care of every duty of the HR effortlessly and effectively. HRMS software is a better option to manage HR duties including employee information, attendance tracking, payroll maintenance, time tracking, performance handling, leave recording, and more. An intuitive well-designed, easy-to-use HR management software in India brings every HR operation in a single dashboard.
How to Choose the Best HRMS software in India?
Selecting and implementing the perfect HRMS for your company can make a big difference. Since it takes all the possible roles of HR automatically, the HR Management System will elevate the productivity level.
Want to select the best HRMS software in India, here we mention some tips to identify the best HRMS for your company:
- Emphasizes manpower planning and brings employee self-service mode.
- Effective goal settings and target management that increase employee productivity and boost collaboration.
- Measure and calculate the performance of each and individual candidates from recruitment, promotions to onboarding them.
- Observe and note every achievements and appraisal for each employee
- Take care of the confirmation process from the probation period.
- Maintain the Employee information such as personal info, work history, academic details, skill set, payment, and statutory information.
- Time tracking, punching time, leave calculation, and attendance recording of the employees.
- HRMS software in India should take care of the hike, paid leaves, loss of pay info, and other salary change calculations.
- An HR Management System should scale your business at an affordable cost.
Two Important Features in HR Management Software
The HRMS software in India has a different module to ease with different HR roles. From recruitment to payroll, the HR software in India automatically updates and integrates the information provided by the employee and HR. Leave management and payroll management are the important factors HR should be aware of since both are directly related to the performance of an employee. Let's discuss what it is and its importance.
Leave Management
Some companies still rely on a spreadsheet to maintain who is in and who is taking time off, let your leave tracking touch on digital. Want to purchase HRMS software in India? Let’s take a look at Rednote leave management software features.
Employees are the Juris
While applying for the leave, the employee can view who is off on that day in their team.It allows the employee to think about whether his/her leave affects the entire project team and make decisions accordingly.
Customize Leave types
We empower people with self-serve tools like they can apply for leave, work from home, and permissions. Also, the employee can view the balance leave and past leave history. The leave management software mentions the holidays and vacation details, the manager can customize the leave info.
Streamline Leave Approval Process
When an employee applies for time off, the manager or the approver can verify the leave information and approve or reject the leave based on the project delivery time or performance, or any other issues.
Year-End Leave Processing
At the year-end, the Leave Management software automatically computes leave lapses, carry leave forwards, employee encashments based on your company time-off policies.
Payroll Management
As the name suggests, payroll plays an important role in every organization. It is a difficult task for every HR person. What if there was a highly end-user payroll management system, which manages complex salary structures in a single platform? Want HRMS software in India to maintain all your company’s payroll details?. Here are some of the advanced features of the Payroll management system developed by Rednote.
Flexible Payroll Approval
An organization with a diverse workforce needs a sustainable pay structure, the Payroll Management software ensures payment to the employees after the approval from the payroll admin.
Organized Payment Templates
A Payroll software supports your organization’s salary structure to seamlessly accommodate PF calculation, ESI, TDS, and Tax norms for various job roles.
Payroll Auditing
Every organization keeps a record of every financial transaction, salary is one of the significant operating costs. The payroll management software automatically verifies the pay structure and sanction the payment by validating with the HR tech system definite audit trail iteration.
Time Tracking and Attendance
The automated payroll Management software considers the important parameters such as loss of pay (LOP), approved leaves, unapproved leaves, compensatory amount, performance hike, and others before calculating the final amount based on the company's policy.
IT Calculation
Monthly deduction of income tax salary bill is being calculated by the Payroll management software for the income tax computation. The tax gets calculated at the start of the year with a proposed salary deduction option. So that the employee can transfer the amount to the IT head at the end of the current financial year.
Wrapping up
The Human Resource Management Software is one of the best choices for every organization to track and maintain employee details, performance, attendance, and payroll. There are many HRMS software companies in India that deliver the best HR software for your company. To smoothen the work of every HR and elevate your firm to the next level HRMS software is an effective option. The leave management software and payroll management software reduce the manual duty of the HR and let them concentrate on business development. Build your business by purchasing the best HRMS software in India.
Average Rating:
4.9 rating out of 5 based on 5026 Reviews
Start for as low as Rs.50 Per Employee!
Payroll
Rednote gives 14 days unlimited access to make comfortable with all functionalities associated with rednote HRMS software in Chennai.