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What is PaySoftR?

Payroll software, utilized in metropolitan areas such as Pune and Mumbai, is crafted to streamline and automate the payment procedures for a company's workforce. This technology alleviates the complexities involved in managing expenses related to employee compensation over designated periods. In smaller enterprises, the payroll responsibilities might be directly handled by the owner or a specific team member, while larger organizations typically assign these tasks to the accounting department. Moreover, payroll includes not just the salary disbursements but also acts as a detailed record of each employee's financial benefits and entitlements. As payroll constitutes a notable expenditure for many businesses, these costs can often be deducted from taxable income. Essentially, payroll encompasses all financial records pertaining to employee earnings, which include wages, bonuses, and necessary deductions. An effective payroll system is crucial, as it directly influences employee morale and the overall economic stability of the organization, making its implementation a priority for any business aiming for success. Furthermore, the integration of reliable payroll solutions can lead to improved compliance with tax regulations and enhanced operational efficiency.

What is Interact HRMS?

Interact HRMS provides a range of deployment options such as On-Premise, Hosted, or Cloud solutions to suit various organizational preferences. Its clients span numerous industries worldwide, including Banking and Finance, Construction, Manufacturing, Oil & Gas, Healthcare, Education, Logistics, Packaging, Shipping, Consulting Services, and Government, showcasing its widespread applicability. The platform operates entirely on a Policy-Driven framework, which eliminates hard-coded configurations, allowing for client-specific requirements to be transformed into tailored Policies that align with unique business objectives. With its policy-based payroll engine, Interact HRMS can handle multiple currencies and supports an extensive array of customizable elements, including earnings, allowances, benefits, bonuses, commissions, deductions, expenses, and tax guidelines. Moreover, the system offers versatile options for user-defined pay period types and pay structures, facilitating various payment methods such as salaried, hourly, and piecework, while also incorporating labor distribution and costing features. This level of flexibility not only caters to diverse business needs but also enhances efficiency in workforce management, making Interact HRMS an invaluable tool for organizations seeking comprehensive solutions. Ultimately, its adaptability and user-centric design position it as a leading choice for businesses aiming to optimize their HR processes.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$250 one-time payment
Free Trial Offered?
Free Version

Pricing Information

$15000 per year
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SoftR InfoTech

Date Founded

2013

Company Location

India

Company Website

www.softrinfotech.com

Company Facts

Organization Name

2Interact

Date Founded

2006

Company Location

United States

Company Website

www.2interact.us

Categories and Features

Payroll

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

Categories and Features

Human Resources

360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management

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