Employee Benefits and Expenses Administration

Employee Benefits and Expenses Administration

Your employees are on a journey with you.From hire to retire you keep rewarding them for their performance on a routine basis. Moreover you also have to execute the responsibilities of a being a great employer brand by carrying out employee benefits and expenses administration. Netfunda People

comprises of  employee expense tracking software to simplify employee benefits administration.

Track Provident Fund of Employees

In accordance with the statutory norms of the country your business is located in, you discharge the provident fund emoluments to your employees. This is an integral part of your efforts to build a strong employer brand. The complexities of manual interface, cross department verification and tedious calculations can make it a cumbersome task. You can write the rules for provident emoluments once in your payroll software and be at ease. The data for each employee can be shared across departments with just a click. Strong  HRMS API  SDK capabilities for developers makes it possible to export and import data across tables without having to leave the table. In reality it is easier than it sounds!

Income Tax Deductions

Tax deduction at source is again a programmable function. Standardize the rules for tax deduction in accordance with the tax slab. Plus our system offers you a menu of different tax rebates that  are allowed in your country of business. You can create custom fields for tax rebates once and set the ball rolling. API capabilities can be used to export data to the accounts department without any hassles. Documents are saved in .doc, jpg, pdf or any other format that you want.

Allowance Administration

The HR policy of your company may include one or more varieties of allowances for employees under billable conditions.  Netfunda HRMS comes with fully customizable menu for allowance administration.From cost of living allowance, travel allowance, food allowance, petrol and diesel grants for tours to any other allowance, you can create custom fields for allowances. Then just plug and play!

API capabilities can be used to export data to the accounts department without any hassles. Documents are saved in .doc, jpg, pdf or any other format that you want.