20+ Leading Industries Trust Ascent HCM Solutions
Automate & Improve HR Efficiency with Ascent
Why Ascent HCM Payroll Processing Software for your HR Needs?
100% Accuracy with Arrears
ERP Integration with Multiple SSO Options
Single Version Across All Customers
Strong References from Customers
Built-in Statutory Compliances
Ascent HCM Payroll Delivers Seamless Integration & Error-Free Results
Ascent Payroll Software is the choice of 20+ leading industries. Being an experienced payroll provider, we have built Ascent with extensive end user feedback thus developing an effective payroll system that is highly configurable, user friendly, quick and error free.
Being modular, Ascent payroll can seamlessly integrate with any enterprise business processes.
The capability to adhere to the legal and regulatory compliance framework makes the whole payroll processing experience very robust, greatly reducing the manual time spent by staff on corrections and compliance management.
Core Benefits of Payroll Management System
The payroll processing software creates value in the working of HR, Finance departments while significantly reducing the statutory compliance risk.
Easy To Use, Hassle Free System for Finance Department
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Ascent payroll reduces time and effort on payroll processing, improves payroll accuracy for the finance department, and boosts employee confidence and satisfaction. These benefits include:
- Configurable Parameter Driven Salary JV and Income Tax Calculation
- Automatic TDS calculation & Quarterly / Yearly E-TDS returns in NSDL format
- Automated bank upload file or NEFT into banker’s format
- Loans and advances tracking
- Interest on Loan calculation based on EMI or equated principal
- Digitally Signed Form 16
- Variation report & loan perquisite valuation report
- Easy integration with existing ERP / financial accounting
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Total Accountability Ensured for HR Department
Payroll management system is highly configurable and automates events reducing HR’s effort on operational tasks. These benefits include:
- Accuracy – Maker & checker for people & compensation data
- Flexibility – User defined formula for earning/deduction
- Smart automation – Salary revisions, investment declarations
- Key event automation – Bulk Full & Final Settlement with Provisional Form 16
- Extensive and flexible Reporting – Payroll extensive reporting with export in Excel, PDF etc.
Always Synchronised with Updated Statutory Compliances
The integrated Ascent payroll management system provides all the required compliance reporting in a seamless fashion ensuring accurate and up-to-date data while interacting with authorities for statutory compliances. This includes:
- Income Tax ITNS 281 Challan, Form 16, eTDS Returns 24Q
- Profession Tax Return cum Challan & Statement
- Labour Welfare Fund Challan & Statement
- PF-ECR Online Return & Reconciliation Statement
- ESIC Statement, Form 6
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60 Days Customer
Satisfaction Guarantee
Customer service is our highest priority and we stand behind everything we sell. “Ascent offers an exclusive Satisfaction Guarantee for 60 days”. However, if for any reasons you are not satisfied with our products, simply return!
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Single Click Payroll Processing Software
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Quick payroll processing at One click
Enables quick payroll processing at the click of a button payroll processing saves time by computing income tax as part of payroll management process.
The quick integration with other enterprise processes such as leave and attendance makes accurate data available instantaneously.
Tax Simplified For Expats
Ascent Payroll management solution automates expat tax computation, consolidation, and grossing. It saves time and boosts accuracy. The payroll software is updated constantly to suit changing international and domestic rules in the computation.
Online Reimbursements with Complete Reliability
The payroll management system is designed in such a way that there is minimum human intervention in automation of payroll related processes and unless there is an exception, the reimbursement of claims and loans are processed with the pre-defined set of rules and parameters.
Consistent Investment & CTC Declarations
The payroll software system provides flexible investment declarations and manages CTC Reimbursement through online claims based on limits on ESS. This feature saves great amount of time in the processing.
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Audit Trail for Analysing Root Cause
The audit trail provides great help in tracking the activities. This is useful in rare cases when a root cause study must be done rapidly to fix a payroll processing issue or detect fraud in case of manual changes in data.
Tailored Variance Report Formats
Role-based access to the payroll database allows stakeholders to edit and use customised reports as needed. The variance reports provide great help in reconciliation and posting.
Six-Dimensional Salary JV with Allocating Project-wise Cost
The process of JV creation out of payroll data can become complex as project wise costing will get included in this JV. The two of the dimensions are user defined and other 4 are Account Code, Employee Number, Cost Centre & Business Area.
Intuitive And Distinctive Range of Bank Templates
The payroll software system allows configuration of different templates for different banks making it easy to provide monthly data in the format in which each bank requires it.
Comprehensive Support Through Bulk Full & Final Settlement
Full and final settlement requires all pending dues and payments. Payroll integrates with HR, Leave Management, Attendance Management, etc. Total payroll integration allows automatic full-and-final payment computation with minimal manual involvement. This feature on the ESS lets employees know the final settlement details. The system offers a bulk option for unusual cases.
We have dedicated 16+ years in successfully delivering smart HR and payroll software solutions that have evolved and are improvised to adapt to your business needs. Let us take the pain out of your payroll management system.
50+ Standard Reports and
Customised Report Generator
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Productivity with 50+ Standard Reports
Increase productivity with 50+ standard reports using Ascent payroll processing software. Ascent Report generator tool allows you to create configurable report using 200+ parameters.
Digitally Signed Form 16, eTDS Returns, PF ECR with Guaranteed Security
Total payroll integration allows automatic Form 16 generation and delivery through e-mail or ESS. Employees receive their TDS statement and PF ECR digitally. This automation reduces HR’s end-of-year and employee-requested time and effort.
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