Awarded And Recognized HRM Software
Comprehensive payroll software
- Fast and accurate results
- Fail-safe statutory compliance
- Smooth integration with your system
Payroll Software
Streamline and automate the process of employee payment with Timelabs payroll
Seamless mobile connectivity
Flawless resource compliances and integrations with third-party tools and services.
Top-notch Accuracy
The system is built on strict quality standards and process validations to appoint the best of accuracy.
One-up Security
Makes no mistake in attributing fail-safe security practices to protect system data and resources.
Customized solution
Custom service modules and features that suit the payroll requirements of your business.
400+ companies rely on Timelabs Payroll Software
Everything payroll As per your need!
Timelabs is a cloud based software solution which has payroll software module that eases the very laborious task of every month payroll processing. It includes complexities regarding calculations, deductions, statuary regulations and other daunting activities. Our payroll software is designed to suit every small, midsized and large organization to enhance their payroll processing and thus adding to the productivity and profits.
Better Control Over Payroll
Everything about Payroll system at your access with an easy-breezy dashboard that is all equipped to take your command as you manage all the payroll operations with the great ease.
Always be a step
ahead of trends-in-action
With Timelabs payroll, you have access to the most advanced features that are rolled-out regularly to meet the latest compliances and most evolved ideas of handling payroll function at a workplace.
Effective payroll Action
Flexible and scalable
The system is built to react to your needs and flexibly support your payroll dynamics allowing you to adapt to new payroll requirements as you grow in size and capacity.
Actionable insights
Get alerts and updates on system health to flag and resolve problems before they get bigger. Stay steps ahead of any possible problems in the course of payroll generation and processing.
Advanced payroll automation
Automated payroll process to precisely feed the employee payroll data, practice statutory compliances, do advanced computation, and get comprehensive reports.
Why Timelabs?
What makes Timelabs a go-to platform to sort all your payroll accounting and processing needs?
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No juggling with various spreadsheets.
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Fully integrated with Leave & Attendance data.
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Automated salary generation.
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Easily handle all statutory deductions.
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Get all salary and compliance reports in one place.
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Processes employee reimbursements instantly.
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Organized practice of payment disbursal.
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On-time, Accurate and Fast payroll generation.
Payroll Software
Keeping up With Compliance
Follow the legal framework while disbursing salaries to their employees
TDS
(Tax Deducted at Source)
WHAT
Employers are required to deduct their employees' taxes and deposit it to the government.
PF
(Provident Fund)
WHAT
Contribution made towards the EPF scheme by the employees and the employers in an equal proportion.
ESI
(Employees' State Insurance)
WHAT
An amount is deducted from employees to provide insurance for medical expenses including accidents and maternity.
PT
(Professional Tax)
WHAT
Tax deducted from employees.
WHEN
This is applicable to the very first employee if their salary exceeds the basic exemption limit.
WHEN
Applicable when the total number of employees in an organisation, including contractual staff, is greater than 20.
WHEN
Applicable when the total number of employees is greater than 10.
WHEN
Applicable to an organisation from the very first employee.
Core Features
Payroll Dashboards
An intelligent payroll dashboard with payroll links and overview of the complete system.
Assign Pay Structures
Group employees with common pay components to same Pay Structure. Assign default component values.
User Defined Payroll Components
Admins can configure Earning/ Deduction components according to requirements & rules applicable in their company.
Salary Annexures
Salary details can be easily configured as gross monthly and CTC. Can also bulk update on basic rate revision.
User Define Pay Structures
Admins can easily create multiple Pay Structures using earning/deduction components, taxes and save them for reuse.
Appraisals
Admin can set employees next appraisal date and get appraisal due alert on Payroll dashboard.
Statutory Taxation
Admin can define various tax components according to the requirements of the company.
Loans & Advances
Employee can view his Loan and Advance ledger details. Loan can be adjusted either with employee's salary or with cash payment.
Asset Management
Add assets, bulk upload using CSV, assign to employees, define expected return date, release to pool.
Reimbursement
Monthly & Yearly reimbursements. Add max limit on bill amount. Add bills and build claims.
Benefits - Bonus & Gratuity
Apply your Bonus rules and Gratuity conditions effortlessly and accurately.
Payslips
Employee can view his compensation details, view all pay slips and download them as well when required.
Full & Final Settlement
Process Full and Final settlement for outgoing employees quickly and easily while reviewing all pending data.
Payroll Reports
View complete break-up of salary payout in company for a month.
