Blogs / Best HR & Payroll Management System Software For Your Institute

Best HR & Payroll Management System Software For Your Institute

Inventory Management ● 3 Oct 2022

Payroll Management System
Leave Management
Increment Cycles
SMS/Email Notifications

Payroll Management System

It is used for managing the employee’s financial records in a simpler and automated way and helps in managing the employee’s salaries, deductions, bonu, and other prerequisites. It also helps in managing the hassles of the vast amounts of data by making employee management and payroll processing easier

Makes calculations and deductions easier

Reduces the burden of compliance

Generation of accurate payslips

Easily accessible

Leave Management

This system is designed for setting up the employee leave policies and managing their leaves seamlessly. Also, this system helps in checking the status of the employee leaves and attendance records

Challenges in Leave Management :-

Without proper leave management processes, educational institutes can face undesirable situations. Some challenges can be:-

Non uniformity in the leave policies

Multiple times follow up of leave queries

Taking leaves more than eligibility

Non awareness of employee on leave

Increment Cycles:- The increments are linked with the performance

SMS/Email Notifications

It helps in notifying the employees and sending them SMS/ E-mail notifications from the ERP system. Also, they get notified regarding the leave taken, salary paid and other relevant tasks

Challenges:-

Pressure when deadlines loom
Payroll errors aren’t always taken into concern
Ensuring accurate and time- efficient payroll software
Updated system processes for every employee is tedious

Overcoming the challenges :-

Most of the educational institutions are opting for Cloud-based ERP payroll solution and the major areas for improvement are compliance, accuracy and self- service capabilities. Challenges can be overcomed by:-

Establishing positive workplace culture

Attracting talented employees

Workplace security issues

Retaining great employees

Oct 2022

OkieDokie, a software company offers a well performing software for the educational institutions in India. For parents,quicker online payments rather than wasting time in queues, For institutes, the ERP solutions. Making every task simplified and easy with OkieDokie. Get Started