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
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
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