LexRays is providing payroll outsourcing process, compliance, employee benefits and payroll structuring for more than a decade for its valued clients by using SAAS & web based payroll solutions, which increase the efficiency of your HR & Finance team and avoids traditional manual interaction system. Payroll module with employee self service acts like an employee and employer interface, most of the employee's queries like Income Tax Declarations, Pay slips issues, Reimbursements, Leave details, EPF Accumulations, etc. being answered without much time delay and to keep the employee satisfaction and morale high. LexRays provides on time various MIS reports, statements, payroll statutory dues reports, online ticketing, employee helpdesk, etc. for smooth functioning of the payroll process.

Payroll function is perhaps one of the most underrated yet critical functions in an organization. There are no accolades, if your Payroll is functioning smoothly, all your employees are getting their salaries and dues in time, the finance department obtains their MIS and payments and reports to all relevant statutory bodies are made in time. However, allow a few errors to creep in, add a delay here and there and the level of dissatisfaction within the organization shoots up, employee morale hits a low, there is constant bickering between departments and in a few weeks time notices are received from government bodies for non-payment of dues.

Payroll outsourcing is a key service for companies who are looking for a reliable HR partner that can work collaboratively with them to manage their internal payroll operations. Folklore Payroll is a fully fledged and flexible Payroll and Compensation Information Software. It is part of the SAAS / Web based, which includes the Payroll, HRMSI, Leave Module and documentation.

Payroll allows you to specify your own Compensation structure, put in employee information and process payroll. Also handles most of the statutory requirements for PF, ESI, TDS and Professional Tax and integrates a full-fledged Income Tax module along with your Payroll. Payroll Features:

• Employee Information / Database
• Setting up Compensation Components
• Mandatory / Statutory Components
• Flexi Benefits, Allowances
• Tax Structure
• Payroll Statement

• Coordination with HR
• Inputs Finance Team
• Statutory Reports
• MIS and Reports
• Reconciliation & reimbursements