Payloom Reviews

Payloom Description

Payloom is an online payroll management tool designed specifically for small enterprises in Pakistan, catering to the needs of HR and finance personnel responsible for executing monthly salary disbursements. This application streamlines the management of employee information and salary details while facilitating payroll calculations, monthly processing of payments, and the generation of payslips and bank-payment sheets for various payment methods including IFT, IBFT, cheques, and cash transactions. With a focus on the unique requirements of the Pakistani market, Payloom incorporates features such as FBR income tax projections for the July to June fiscal year, management of EOBI and provident funds, pro-rating functionalities, departmental organization, an activity log, and detailed tax deduction reports. Additionally, the platform allows teams to customize payslip designs, monitor payroll adjustments, secure completed payroll periods, and print payslips as needed. For small businesses with up to five employees, Payloom provides a complimentary plan, making it accessible for startups and growing companies. This flexibility ensures that even the smallest enterprises can manage their payroll efficiently without incurring additional costs.