Employee Vibes : Payroll, Salary Process, FFS Process, Loan, Statutory Compliance, Investment, Statutory Reports
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Payroll

Payroll

Employee Vibes enables to setup finance policy for Salary, Bonus, Gratuity, Reimbursement, Loan, FFS. We adhere to Statutory Compliance with respect to PF, PT, ESIC, LWF. We handle complete life cycle of employee with respect to Finance.

Payroll Configuration

Employee Vibes facilitate to configure complex salary structure to suit industry standard policy for salary heads, loan, reimbursement, perquisite with their pay frequency. Configure these heads to calculate its value on predefined field in employee finance detail for a group of employee.

Loan and Advance

Employee Vibes allows to setup policy for loan in terms of Loan Entitlement, Loan Limit, Minimum Installment Amount and also allows to configure workflow and escalation matrix. Calculate EMI on applicable interest & concession rate for loan or advance repayment and effect will come in monthly salary.

Workflow allows to define multi level of escalation matrix.
Workflow allows to define multi level of escalation matrix.
Applicant can escalate immediate approval authority to next level

Reimbursement

Employee Vibes allows to setup policy for claim in terms of Entitlement, Claim Frequency, Payout Frequency for non claim and also allows to configure workflow and escalation matrix for a employee group.

Salary Arrear

Employee Vibes allows to record salary review with or without arrear initiated by Confirmation Process, Pay Review Process, or Retention Process. Its effect will be taken in Monthly Salary or FFS.

Bonus and Gratuity

Employee Vibes allows to configure Bonus and Gratuity with statutory compliance. System identifies the employee, calculate the value and pay through salary.

Statutory Compliance

Employee Vibes facilitate to configure wages for PT, PF, ESIC, LWF and TDS calculate its value, generates challan and reports as per statutory norms.

Investment Declaration and Tax Planner

Employee Vibes provision to setup investment heads policy, configure workflow and escalation matrix for each employee group.

Employee Vibes facilitates to do Tax Planning through Tax Reckner by declaring their investments under various sections and observe the result instantly.
Employee Vibes facilitates to do Tax Planning through Tax Reckner by declaring their investments under various sections and observe the result instantly.

Payroll and FFS Calculation

Employee Vibes gives provision to calculate monthly salary, attendance provided by Time and Attendance. It also considers Variable Pay, Off Cycle Pay, Leave Encash and Paid Days Arrear. Employee Vibes gather all information, calculate salary on basis of recorded investment, reconcile and Salary closure. These steps are same for FFS Calculation.

A single click integrate Paid Days from attendance module. If attendance is manual, you can also import attendace from excel sheet.
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