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Description
Payroll software, available in cities like Pune and Mumbai, is designed to facilitate and automate the payment processes for a company's workforce. This software simplifies the overall expense management associated with compensating employees for their work during a specified timeframe. Typically overseen by the accounting division, payroll tasks in smaller organizations might be directly managed by the business owner or a designated staff member. Additionally, payroll encompasses not only the monetary compensation owed to employees but also serves as a comprehensive list detailing each employee's financial entitlements. As a significant cost for most enterprises, payroll expenses are generally tax-deductible. In essence, payroll accounts for all financial documentation related to employee salaries, including wages, bonuses, and applicable deductions. The importance of an efficient payroll system cannot be overstated, as it significantly impacts employee satisfaction and the overall financial health of the company.
Description
TimeTrax™ time and attendance software goes beyond mere collection of employee punch information by offering adaptable payroll management directly from your computer. You can easily review, modify, and authorize employee time cards while choosing from various pay periods such as weekly, bi-weekly, semi-monthly, or monthly. The software allows for the creation of departments and employee categories, along with the ability to establish punch rounding rules and automatic break times. Additionally, you can assign holiday and bonus hours to specific employees or apply them globally, and manage different types of overtime, including daily, weekly, Saturday, Sunday, and seventh day overtime. It ensures that employee hours are automatically calculated for each pay period, promoting accountability and punctuality while guaranteeing that time records remain completely accurate, which greatly reduces payroll administration effort. Furthermore, you can analyze your payroll data using 17 standard reports that cover detailed payroll, employee punch logs, hourly summaries, payroll summaries, time cards, employee insights, and departmental reports. The system also allows you to choose rounding options of 0, 5, 10, or 15 minutes, with custom and shift rounding available for an additional fee. You have the flexibility to set up daily, weekly, consecutive seventh day, or special day overtime rules, making your payroll process even more efficient and tailored to your organization's needs. Ultimately, TimeTrax™ is designed to streamline payroll management while enhancing overall accuracy and efficiency.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
$250 one-time payment
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
SoftR InfoTech
Founded
2013
Country
India
Website
www.softrinfotech.com
Vendor Details
Company Name
Pyramid Time Systems
Country
United States
Website
www.pyramidtimesystems.com/time-clocks/time-trax-time-attendance-software
Product Features
Payroll
401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment
Product Features
Time Clock
Biometric Recognition
Hourly Employee Tracking
Messaging
Mobile Access
Online Punch Card
Payroll Management
Punch card
Reporting/Analytics
Salaried Employee Tracking
Sick Leave Tracking
Vacation / Leave Tracking
Workstation Tracking