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What is SERIES 3 Payroll?

For those looking to streamline their payroll management and tax obligations, MBA's SERIES 3 Payroll system provides a robust solution. It features sophisticated employee tracking, rapid paycheck generation, and detailed reporting, which together improve oversight and lower operational expenses. The payroll transaction entry is crafted for quick data entry and can accommodate various exceptions that may arise. Once you input details regarding employees, departments, and payroll records, the system efficiently computes paychecks automatically. You simply need to review the calculated amounts and make any necessary adjustments. Furthermore, it automates the calculation of Federal, State, and Local taxes, including FICA, FUTA, SUTA, and SDI deductions and liabilities. The system also includes a Preliminary Check Report, enabling you to verify the accuracy of your payroll details prior to check printing, along with Liability and Quarterly reports that are vital for compliance with tax authorities. In addition, this all-encompassing payroll solution not only simplifies the payroll process but also ensures adherence to relevant tax laws, thus offering peace of mind to business owners. By adopting this system, companies can focus more on growth and less on administrative burdens.

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.

Media

Media

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

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

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

MBA Software

Company Location

United States

Company Website

www.mbasoft.com/payroll

Company Facts

Organization Name

1001 ToolBox

Company Location

Pakistan

Company Website

payloom.1001toolbox.com

Categories and Features

Payroll

Reporting/Analytics

Categories and Features

Payroll

Not specified

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