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PAY MASTER - Payroll Management System

A sophisticated and comprehensive software, Paymaster is designed to suit the need of HR and Finance professionals across small, medium and large size organizations.

Developed with the latest technology, PayMaster is powerful and yet so easy to use that it makes payroll processing a simple job that can be performed in-house.

Key Software Features

Multiplicity
With its multi-company, multi-branch, multi-user and multi- currency system, PayMaster can cater for upto 99 companies and unlimited number of employees.

Secure
PayMaster can be stored on the server and be made accessible to users authorized to do so. Robust and secure, PayMaster provides for customizable access rights with multi-level user rights for input, authorization, viewing, editing and reporting.

Flexibile
PayMaster’s flexible system allows you to create an unlimited number of fully customizable Income, Tax, and Deduction categories to fit in with all your payroll needs.

Data Capture
PayMaster allows you to record and store an exhaustive and all inclusive Employee Master with details such as PIN, NHIF, Bank accounts, date of joining, educational qualifications etc.

Data Transfer
PayMaster’s feature to import and export data and reports from or into other softwares and systems makes it efficient and easy to use by avoiding duplication of data capture and facilitating data analysis in formats such as Microsoft Excel.

Leave Management
PayMaster’s leave management module facilitates control over leave management with an option to reflect leave availed in the payslip. This module also encompasses leave generation, leave input, leave application, and leave scheduling.

Audit Trail
The feature of log, or audit trail (available with SQL version) once enabled can be extremely useful to track changes in payroll information and for analysis of key points,

Permanent and Casual Employees
PayMaster also caters for payments and statutory deductions such as PAYE, NSSF, NHIF or others as may be required by the Revenue Authorities for casual employees with an option to define the processing period to be daily, weekly, bi-weekly or monthly as applicable.

Loans and Savings Management
PayMaster comes with an option to manage loans and advances granted to employees with provision for computation for interest and fringe benefits, and in built flexibility to vary the rate of interest from time to time.

Customizable Pay-slip
With PayMaster users get the flexibility to amend and design their own pay slip and an option to include / exclude information at their discretion. Users can also view and/or print current and historical employee payslips.

On-Line Bank Transfers
PayMaster has an option to effect direct online transfer and generate a report showing account number, name of Bank, branch and bank code details for each employee.

Other Features include
• Flexible and parameter-based set up for taxation of Employee Benefits to incorporate additions and changes to tax laws with an option to create additional benefits field for future.
• Editable Monthly and Annual PAYE Table and NHIF table.
• Multi-Currency Payment Options with provision for exchange rates against Kenya Shilling or home currency.
• Flexible and customizable setup for computation of reliefs under tax laws such as Insurance Relief, Owner Occupied Interest Relief, Provident Fund, Pension Schemes and Home Ownership Saving Plan (HOSP).
• Provision for applying any special/additional tax as and when required for directors and employees working for more than one organization.
• Fully flexible rounding options.
• Option to revise payroll figures for salary revision through Performance appraisals.
• Net-to-Basic calculator in addition to the standard Basic-to-Net calculator useful for salary negotiations.

Payroll Reports & Analysis
In addition to the following standardized reports, the report writer tool available in PayMaster can be used to design other user specific and customizable reports:

• Company-wide payroll analysis reports
• Company Total payroll report
• Loan / Savings deductions reports
• Benefits reports
• Selected earnings and deduction reports
• Payroll analysis by payment Modes
• Loan details
• Permanent employees’ analysis report
• Casual labour analysis report

All reports can be analyzed per department,or designation or for categories of employees, while all Statutory Deduction reports can be analysed by the per statute or authority

PayMaster clearly offers the following benefits for an organization seeking to manage its payroll with efficiency and ease at an incredibly affordafle cost.

• Highly secured payroll information
• Improved administration performance & efficiency
• Easy to calculate salary and benefits at end of the month
• Scalable application to group
• Flexibility to integrate with other applications
• Low cost of ownership
• Easy to support and manage