Octalsoft iHR is a web-based, highly customizable and enterprise-class human resource management and employee payroll software with payroll tax solution that has the functionality to meet current and future human resource management requirements and HR regulatory requirements of your organization. Our payroll solution addresses the real pain areas of payroll automation including complex arrear calculation, customizable and conditional salary payouts. It is fully integrated with other modules of Octalsoft HRMS like leave, attendance, claims & reimbursements, loans & advances that have direct or indirect impact to employee payouts. The Time and Attendance module can gather and integrate information from a range of sources. Manual data-entry, spreadsheet based mass upload, extract from bio-metric devices & swipe instruments etc.

The important aspect that has been incorporated is the compliance to the rules and regulations of Government. All the government forms are included in the software. Takes care of all statutory requirements of PF (Provident Fund), PT (Professional Tax), ESIC (Employees' State Insurance Corporation), Labour compliance and related reports are taken care by the Octalsoft payroll software according to the norms. Provides rule based arrears calculation, automatic leave regularization, leave balance updations and reimbursement balance updations. Ability to create and re-run the payroll for a selected location (branch wise), company or search based employee. Automatic salary slips generation and dispatch mechanism. Octalsoft Payroll software solutions have provision to run full & final settlement separately. Timely settlement of dues and an efficient separation process is of great importance to any organization – not only from compliance but from an HR best practices perspective as well. Octalsoft payroll solution provides flexible component setting & rules.