Master Payroll System

Master Payroll System

Product Overview

Mission-critical to You, Core Business to Us

Payroll is a critical and complex business function, with no tolerance for errors. Maintaining the necessary expertise and resources in-house is a huge overhead. By taking complete responsibility for payroll delivery of the entire organization, we free our clients to focus on their core business activities.

Payroll is mission-critical for any company but at the same time it is a non-core activity for most companies. At MASTERITEC, payroll is our core business. We offer powerful payroll solutions which streamline your payroll process, while capturing critical business intelligence about your entire workforce.

Our solutions increase operation efficiency control and data management as well as provide a single point of accountability to our clients.

 

Features

The service elements for Master Payroll solutions include:

  • Core payroll and payment processing
  • Time, attendance and leave management
  • Statutory reporting and submission
  • Generation of pay-slip
  • Country specific and regional reporting
  • Generation of general ledger

 

Features - add on

  • Maintain Employee profiles
  • Monitor Employee Work Performance
  • Auto Calculate Annual Leaves Balance
  • Auto Deduct Loan Installment in the Employee’s Pay
  • Avoid Shortage of Manpower Requirements.
  • Avoid Over Budget for Employee Salaries and Training Expenditures
  • Interview Record
  • Loan Record
  • Advance Record
  • Claim  Record
  • Skill Information 
  • Training Record
  • Leave Record
  • Remuneration Computation
  • Multi Allowance / Deduction table
  • Overtime Calculation
  • Produces compliance statutory reports for government bodies such as KWSP , SOCSO and LHDN and more…
  • Posting to Master Accounting
  • Access Right Control
  • Audit Trial Inquiry
  • Fast tracking , time saving and cost efficient

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