Automatic Salary Calculation

Salary Management Software

Quickly create, edit, and set up salary structures regardless of your expertise, and automate the salary calculation and its management with the NYGGS cloud-based salary management system. No manual math, no errors, no tension.

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Overview

NYGGS Salary Management Software

Is employees' salary calculation taking longer than ever, despite automation and multiple systems? NYGGS brings a user-friendly cloud-based Salary Management Software for creating, calculating, and being compliant with payroll computing. The software's interface and fully customizable dashboard make it easy for teams to organize pay information, generate salary records, and fix any errors that are found—all without switching screens.
salary management software 1
salary management software 2
On top of that, get a complete overview of employee-wise salary structure with just a few clicks. The tool is a feature-rich, all-in-one software for HR and finance teams that creates frictionless collaboration between departments. Enjoy more features like single-click salary calculations, setting up custom salary components, and automated statutory compliance in one platform.

Key Features of Our Salary Management Software

See work in a whole new way to calculate salary with our software's intuitive features.

Compliance Management

Salary software with built-in TDS, PF, PT & ESIC, and tax compliance.
Benefits:
  • No legal issues
  • Ensures regulatory compliance
  • Avoid hefty number of fines

Salary Subtype

Intuitive dashboard for setting up salary sub-types for every job role.
Benefits:
  • Flexible payment
  • Simplified tracking
  • Salary structuring, enahanced

Custom Salary Structures

Customizable pay structure for different levels and departments as per payroll policy.
Benefits:
  • Supports multiple pays
  • No maths needed. All automated
  • No basic salary, gross salary confusion

IT Declaration

Automatically calculates employee's gross income, expenses, and proof of tax-saving investments.
Benefits:
  • Automatic calculation of IT
  • ESS to upload IT docs
  • Helpful in ITR filing

Quick Salary Calculation

Calculate compensation instantly, considering all variables like overtime, bonuses, and deductions.
Benefits:
  • Reduces calculation errors
  • Saves processing time
  • Ensures payment accuracy

Time Tracking

Integrate with a biometric time tracking device to track exact work hours and error-free salary calculation.
Benefits:
  • Accurate overtime
  • Accurate paychecks
  • Fair compensation

Deductions Automated

Set up tax, insurance, loan, and other statutory deductions once and relax every month.
Benefits:
  • Add or delete allowance/deduction
  • Advance the payroll accounting
  • Maintains deduction compliance

Right Reimbursements

Get expense proof to approve, partially approve, or reject requests, and run the reimbursement process on the same platform.
Benefits:
  • Faster reimbursement
  • Reduces paperwork
  • Improves expense tracking

Multi-Cycle Payroll

Need to handle multiple salary disbursal periods? With NYGGS, you can set up custom payment frequency in minutes.
Benefits:
  • Supports different schedules
  • Flexibility in payment
  • Cash management

Schedule Pay Dates

Automated pay on scheduled dates with all checks and approvals done on the same platform.
Benefits:
  • Timely payments
  • Less manual intervention
  • Improves payment reliability

Reports That You Need

Salary-related reports are created in seconds to provide you with a wealth of information.
Benefits:
  • Quick analysis
  • Supports decision making
  • Custom reports for every need

Security Assured

Salary is confidential! Trust NYGGS salary management software with data protection features and role-based access to secure it.
Benefits:
  • Data confidential
  • No unauthorized access
  • Protects sensitive information

Advance & Loan Management

Integrated tool to process, track, and manage employee advances and loans with automatic EMI deduction.
Benefits:
  • Simplified loan processing
  • Tracks repayment effectively
  • Reduces administrative burden

Employee Self-Service Portals

Employees can access salary info, deduction types, download payslips, and more through mobile or desktop.
Benefits:
  • Employee satisfaction
  • Reduces HR workload
  • Information accessibility

Integration With HRMS Modules

As a promising solution, integrate salary software with other HRMS modules powered by NYGGS.
Benefits:
  • Data synchronization
  • Reduces administrative work
  • Complete human capital management

Benefits of Salary Management Software

quick interview scheduler

Enjoy automatic salary calculations and deductions.

self service functions

Get salary details like allowances, deductions, and incentives in one place.

self service functions

Easy Full and Final (FnF) settlements and arrears calculations.

expense report

Manage salaries for your daily, weekly, monthly, or other payment cycles.

maintain compliance

Balance sheet transfer generation for error-free salary transfer.

salary information

Distribute salary information for reconciliation purposes.

automated formula based

eliminate payroll errors and always be compliant with the latest tax.

comprehensive authority

Consider leaves, overtime, days off, and reimbursement claims for pay calculations.

Features of NYGGS Salary Management Software

On-time disbursement of salaries is guaranteed with the right tool. NYGGS Salary Management System keeps your HR and finance teams stress-free from month-end calculations.

manage salary revisions
Salary Structure Setup
expense and reimbursemen
Automated Salary Calculation
overtime
Salary Information & History
salary information
Salary Adjustment and Revisions
advance-payments
Bank Transfer Sheet Generation
simplified loan
Loan and EMI Management
law updates
Salary Advance Management
compliance reporting
Salary Trends & Reports

Individual Advantage

Salary management software is good for companies as it makes the payroll process smoother and faster. Key users like HR managers, finance managers, and employees love this automation tool because:
HR Managers
HRs use this to auto-pay salaries so everything is accurate and on time. They can keep track of employee info and attendance and follow labor laws so they can focus on important projects, not routine tasks.
Finance Managers
Finance teams use this software to oversee budgeting and financial planning for employee compensation. The software gives them reports and analytics to monitor labor costs, cash flow, and compliance.
Employees
Employees can use it through the self-service portal, where they can check salary details, download payslips, and update personal info. This transparency builds trust among employees and reduces HR workload.

Book a demo to see all the features!

Frequently Asked Questions

Yes. Companies with automated salary calculation systems enjoy several advantages over manual processes. HR and finance departments don’t have to waste their time on tedious manual tasks—in just clicks both teams can collaborate, calculate, and automate the entire payroll process and get their stuff done many times faster.

A salary management system is a complete solution to help companies automate and streamline the process of calculating and managing salaries.

Yes, employees can submit their investment returns online through the NYGGS ESS portal, which greatly simplifies the tax-saving process and documentation.

With NYGGS ESS, managers can easily manage their employee loans and salary advances, including EMI deductions and repayment tracking.

The price of salary software depends on the company's size and the number of employees. Small companies can choose a lower-priced version with fewer features. Contact NYGGS today for a personalized quote!

Interested in working with us?

LET’S TALK AND GET STARTED

mail to our sales department sales@nyggs.com
Our Whatsapp Number +91 8448898635

& What's you will get:

  • Excellent Customer Support
  • Product Consulting by Experts
  • Integration with 3rd-party Apps
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