Payroll Automation

Payroll is a good news-bad news kind of situation for organizations. Good news for employees as it means salaries and bonuses, bad news for organization as it means lots of calculations. Any error in payroll calculation causues a hiccup in business process, and can also have legal ramifications if not noticed in time. Manual payroll calculation is very slow and prone to errors.

How IBISM helps

Often, businesses outsource payroll calculation to third parties, to save themselves from the hassle. This is not a cost effective solution. Studies show that automation can reduce payroll calculation costs by about 70%. Our automation module provides you an in-house payroll calculation tool, while easing up pressure on your finance team.