Automate Payroll Through
Best Online Payroll Management
Software in India
Save 100s of hours each month by automatically calculating payroll, easily distributing payslips, filing statutory compliance, and generating intelligent reports using our cloud payroll management software.
Trusted by 20,000+ Users
Let Us Make Payroll Effortless for
Small Businesses, Startups and Enterprises!
With our cloud based payroll management software, you get an easy access and discover a completely automated Payroll Solution to avoid errors, mistakes, and re-work.
Salary Calculations
Runtime HRMS backs multiple salary computations based on days, time, units & travel distance. Our cloud based payroll software processes staff salaries within a few clicks.
Deduction Automation
Apart from Statutory Deductions like ESI, PF, and Income Tax, our online payroll management software even adds custom deductions based on salary and/or attendance.
Report Generation
With quick access to 50+ analytical and explicit HRMS reports, you can comprehend every aspect of payroll to make intelligent, strategic, and informed management decisions.
COMPLETE PAYROLL SOLUTION
Leverage and Unleash the Best Payroll Management Software In India
Payroll is a crucial part of all companies, be it for a small business, startup or enterprise, and Runtime HRMS comprehends the significance of having a seamless and precise payroll process.
Runtime HRMS is an entirely loaded payroll software that facilitates salary calculations, earnings, deductions, leave and time management. Different components of Runtime HRMS are eventually linked to payroll for a completely integrated experience for HR Stakeholders and Payroll Administrators.
Kohinoor TV reduced their pay-cycle from 10 days to 1 day after switching from their old HRMS solution to Runtime HRMS.
SALARY COMPONENTS & CALCULATIONS
Seamless Payments With Diverse Types of Salary Components
Runtime HRMS backs multiple types and categories of salary components to suit varied business requirements.
By leveraging our cloud based payroll software, you can build multiple salary components and elements, every one having a Unit Type which regulates how salary is computed and calculated for that component.
You can also create Salary Structures with pre-defined allocation of salary among various components. Salary Structures are useful at the time of onboarding new employee or processing salary revision of existing employees. Using Salary Structures, you can auto-allocate the total CTC among various components instead of entering value for each one.
CUSTOM AND STATUTORY DEDUCTIONS
Custom Salary Deductions with Highly Flexible Rules
With Runtime HRMS payroll management system, users can define custom deductions with highly flexible rules. The payroll software allows stakeholders to define customized deductions with numerous options.
The involved stakeholders can configure rules for deduction applicability. Using these choices, stakeholders can craft an extensive series of deductions as per the business and operational requirements.
You can configure statutory deductions like ESI, PF, Professional Tax, Income Tax and Labour Welfare Funds to apply on selected locations. Each deduction can be enabled to disabled at employee level also.
EASY PAYROLL PROCESSING
Swift and Flawless Processing of Payroll to Run Payroll for Organization and Employees
Runtime HRMS lets you process payroll to compute salary and deductions for the active period. Running payroll through payroll management system involves the procedure of calculating and distributing staff compensations. This distribution includes salaries, wages, bonuses, and deductions.
Running Payroll for Organization
Running Payroll for a Staff Member
Deal with Employee Status Before Running Payroll
Deal with Employee Attendance Before Running Payroll
Capture Manual Deductions such as Advances
Capture Manual Salary Payments such as Conveyance
Manage and Deal with Payroll History
EMPLOYEE BENEFITS AND AUTOMATION
Employee Benefits, Claims and Reimbursements using Payroll Management Software to Improve Employee Satisfaction
We have enabled payroll management software for small businesses, startups, and enterprise companies. Our payroll management system ensures best employee experience by offering and facilitating employee benefits. Companies can better engage and retain top talents and develop a positive culture where staff members and stakeholders are valued.
The involved stakeholders can configure rules for deduction applicability. Using these choices, stakeholders can craft an extensive series of deductions as per the business and operational requirements.
With the assistance of Runtime HRMS, staff members can send their claims request through Runtime Workman Mobile App and the admin can check and swiftly approve it. Employees can even use the Travel Punch feature in the Runtime Workman App to completely automate travel reimbursement.
PAYROLL REPORTING FOR MIS
Smart Reports and Analytics For Precise and Timely Decision Making through Runtime HRMS
Runtime HRMS is furnished with numerous reports for diverse purposes including payroll management. Our reports offer a comprehensive analysis and convey information in a well-structured and well-organized approach.
Our HRMS solution provides highly custom reporting through the Artificial Intelligence (AI) bot Celia. Runtime HRMS can generate payroll reports based on requirements. Our HRMS system leverages Machine Learning (ML) and Natural Language Processing (NLP) to create any category of report a user may require.
With our in-built A.I. Assistant, Celia, you can ask and generate any type of report easily within Runtime HRMS.
Sample prompts:- Show list of people absent yesterday
- List of employees having birthday in next 15 days
- Show me new joiners for this month
- and much more...
Automated Payroll Software with Tools to Assist You at Each Step
We provide easy to use Payroll tools within Runtime HRMS Solution to help your staff members and stakeholders at every step which in turn enables employee contentment.
Salary Components
In Runtime HRMS, you can build several salary components, which set the precise approach for salary calculations for that specific component.
Salary Deductions
Runtime HRMS facilitates system stakeholders to define customised deductions with numerous choices and configure rules for deduction pertinence.
Loans & Advances
Company stakeholders can easily deal with employee loans with flexible EMI selections for auto-deduction directly from payroll management system.
Salary Structures
With our payroll management software, your stakeholders can effortlessly craft pre-defined salary structures and leverage them for new hires or promotions.
Claim Settlement
With our Automated Payroll Software users can easily claim requests and get approvals allowing automatic claim settlement in payroll.
Travel Reimbursement
With our cloud based payroll software, you can monitor employee travel using geo-tracking on mobile app and process travel reimbursements with ease.
Tax Declarations
Stakeholders can accept tax declarations from employees on mobile or web. You get access to auto recalculation of tax deduction for the year via Runtime HRMS.
Salary Payouts
With our online payroll management software, you can easily download net-salary payable sheet for bulk payouts leveraging explicit bank formats.
Salary Slips
Send payslips to employees with a single-click from HR Portal or allow employees to download payslips from employee self-service mobile app.
Benefits of switching to the Best Cloud Payroll Software in India
Manual data entry mistakes and errors are now a past thing. Our Cloud-based payroll software delivers services with higher speed, precision and accuracy thanks to its real-time processing and swift automation.
This scenario enables HR professionals to process payroll procedures with improved effectiveness and performance efficiency. As your business matures, you can straightforwardly extend your payroll processes without added investments via our scalable HRMS software solution.
Why Customers Rely on Runtime HRMS?
Enable your HR leaders with highly personalised, simple to integrate, straightforward to implement, and customer-friendly HR Payroll Software System.
Timely Salary Payout
Are you facing a delay in salary disbursals? No more now. As our payroll management system enables and precisely processes staff salaries within a few clicks.
Statutory Deductions
Remain compliant and stress-free! Free yourself from the tax filing loads. Let us take care of your compliance needs such as PF, Professional tax, TDS, or EDLI.
Enable Payouts
Computation of salaries is no longer a trouble with our HRMS software. Sync the payroll system with our HRMS for precise salary computation and disbursement.
Customer Support
Use our comprehensive documentation and query bot to get answers any time. You can also raise a support ticket or book a help session with our experts.
"We used to do payroll in Excel and switched to Runtime HRMS in Aug'19. It turned out to be the great decision for our company. The best thing is that in case of any new requirement, the team try to add it in the next release."
FAQs on Payroll Management System
Payroll processing is one of the prime tasks of any company. Businesses bank on HRMS and payroll management solutions to streamline their staff compensation procedure. Here are some reasons why:
- Precisely Manage Compliances
- Pay Salaries on Time
- Enable Payroll Reporting and Analytics
- Increase Employee Satisfaction
We provide employee self-service mobile app (Workman) for all your staff members, without any added charges. Using Workman, your team can view their attendance, payslip, HR policies and submit requests such as leaves, claims, comp offs. Managers can approve requests and view team information on mobile. Mobile applications are provided free of charge under all plans. Workman is accessible on both Android and iOS platforms.
Our payroll management software operates by automating the complete procedure of handling employee compensation, which comprises salaries, deductions, and taxes. Here is a step-wise breakdown of how it works -
- Employee Data Management
- Monitoring of Time and Attendance
- Payroll Computation
- Generation of Payments
Small businesses can meaningfully benefit from HR and payroll solutions. In the current industry environment, small businesses cannot waste time on HR and payroll challenges. By enabling online payroll management solutions, they can eradicate repetitive activities and assign their valued resources to more significant tasks.
When choosing payroll management software, you should consider multiple functionalities. Here are some substantial functionalities to look for:
- Payroll Automation
- Tax Compliances and Reporting
- Safety and Data Protection
- Select an Experienced Vendor
- Finally, assess the pricing of the software
A payroll software solution backs employees by ensuring they are paid their salary precisely and on time. It assists in avoiding technical compliance errors and ensures that business operates seamlessly. It facilitates the staff to view and download payslips from the software. To finish, it helps to avoid payment problems and conflict amid staff and employers.
There are numerous approaches by which companies can monitor and track the payroll and expenses of their workforce. These comprise a graphical view and customised workflows with diverse access control levels.
Yes, our payroll management solution is flexible enough to accommodate various pay structures. You can configure a salary component to have a diverse amount for employees and company stakeholders having the same salary structure.
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