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What is Payloom?

Payloom is an online payroll management solution tailored specifically for small businesses in Pakistan, addressing the needs of HR and finance teams tasked with managing monthly salary payments. This platform simplifies the oversight of employee data and salary specifics while enabling accurate payroll calculations, timely processing of monthly payments, and the creation of payslips and bank-payment sheets for various payment options like IFT, IBFT, cheques, and cash. Designed with the distinct requirements of the Pakistani market in mind, Payloom features FBR income tax forecasts for the July to June fiscal year, management of EOBI and provident funds, pro-rating capabilities, departmental structuring, an activity log, and comprehensive tax deduction reports. Furthermore, the application empowers teams to personalize payslip templates, track payroll changes, secure finalized payroll periods, and print payslips as required. To support small businesses with up to five employees, Payloom offers a free plan, ensuring accessibility for both startups and expanding companies. This approach guarantees that even the tiniest enterprises can manage their payroll efficiently while avoiding extra expenses, fostering smoother financial operations and employee satisfaction. Ultimately, Payloom not only enhances payroll efficiency but also contributes to the overall growth and stability of small businesses in the region.

What is Mitrefinch Flexipay?

Confidence in the efficiency, precision, and regulatory adherence of your HR and payroll software is crucial for seamless operations. The adoption of sophisticated payroll software can greatly enhance your workflow. With the ability to perform real-time calculations, the shift from gross pay to net pay happens almost instantaneously. The speed of processing is remarkable, with BACs calculations being completed in less than 20 minutes. Additionally, pay-on-demand capabilities allow employees to access their earned wages whenever they choose. The ease of creating custom reports provides tailored insights into payroll data, making it simpler than ever. Employees gain the advantage of online access to their personal information, documents, and payslips, which increases transparency and trust. The immediate availability of payslip results through real-time calculations contributes to a significant decrease in processing times. Moreover, automating complex calculations reduces the risk of errors, enhancing overall accuracy. This system not only helps in reducing costs but also supports real-time reporting, allowing for flexible data analysis. Furthermore, it enables the generation of ad-hoc reports without additional fees, making it an adaptable resource for any organization. In conclusion, employing such software not only optimizes payroll functions but also fosters a more efficient and engaged workforce, ultimately leading to higher employee satisfaction and productivity.

Media

No images available

Media

Integrations Supported

Integrations Supported

SAP Store

API Availability

API Availability

Pricing Information

$0
The Free plan is $0 forever for up to 5 employees and 1 user. Starter is $11/month for up to 25 employees, Growth is $29/month for up to 100 employees, and Business is $72/month for unlimited employees. Prices are in USD and cover the whole company. Annual billing saves 10% on paid plans.
Free Version

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

1001 ToolBox

Company Location

Pakistan

Company Website

payloom.1001toolbox.com

Company Facts

Organization Name

Mitrefinch UK

Date Founded

1979

Company Location

United Kingdom

Company Website

mitrefinch.co.uk/flexipay/

Categories and Features

Payroll

Not specified

Categories and Features

Payroll

Check Printing
Direct Deposit
Reporting/Analytics
Self Service Portal

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