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Home General

How SystemSpecs is changing the Payroll Management System

by Dare Afolabi
5 years ago
in General
Reading Time: 2 mins read
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Payroll -tecbuild

Credits: primefeed.in

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Payroll mistakes often occur at a very fast rate than you can imagine. For a moment as an employer think about your employees who presumably their monthly allowance is their only income source.

For another brief moment think of them having to get short paid or having their salaries delayed not as a result of you as the employer who failed to disburse the funds but irregularities from the payroll system.

Scenarios like this can dampen the morale of your employees thereby taking a toll on their work productivity.

SystemSpecs an indigenous software company recognizes this as a big issue for efficient workplace productivity and has therefore designed the HumanManager to solve irregularities in the payroll system of organizations.

The system helps to manage the structure and computation of all types of payroll including wage and monthly salary, tax and pension payments.

Here is a list of how SytemSpecs HumanManager is changing the Payroll system:

Payroll Management

SystemSpecs payroll helps to compute all employee payment and taxes, organize employees into different paygroups for easy management, generate and print employees’ payslip.

Payroll VAS

Employees enjoy additional benefits including instant payment of allowances and deductions while saving part of their salary into separate bank accounts and making voluntary pension contributions.

Statutory Compliance

Accurate computation of employees’ statutory deductions for compliance including PAYE Tax and Pensions of your employees.

Time & Attendance Pay Computations

Organizations can enter and calculate timesheets from the clock in and exit times and compute hourly and daily allowances and deductions for daily wages or hourly salary payments.

Manage Employee Loans

Advance loans to employees and automatically deduct from the system based on different interest computations including Simple Interest and Compound Interests.

End-to-End Payment

End-to-End payment of Salaries, Taxes and Pension with associated schedules into all PFA’s, Internal Revenue Generation account of state governments and all Deposit Banks.

Payroll Analytics

You can get analytics that leverage customers’ payroll data to give clear insight and identify patterns and correlation which guide informed decision making.

Automated Payslip

SystemSpecs payroll system helps to compute all employee payments and taxes.

It also affords employers the luxury of organizing employees into different paygroups for easy management.

Multiple Schedules & Pay rates

Allows organisations to create allowances, deduction, overtime, daily pay based on specific amounts and percentages or compute on the go with our inbuilt calculation table.

Detailed Reporting

It offers over 20 standard reports across both payroll and HR modules as well as user defined reports based on specific reporting needs.


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