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How does Efficacy Attendance & Payroll Software helps your business?
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Most businesses have a tough time managing employee attendances and payroll processing activities. Shift allocations, overtime tracking, leave encashment, time card generation, tax compliance, deductions, timely and accurate payroll are just some of the challenges easily addressed by Efficacy attendance & payroll software 2.0 – the complete attendance and payroll solution for all businesses.
Efficacy Attendance & Payroll Software helps your business enjoy the following benefits:
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Save money with accurate pay slips
Efficacy calculates pay slips on the basis of time cards. Maintaining time cards manually is not only hard but also prone to human error. Efficacy includes:
- APIs to integrate with automated time recorders such as door access controllers, swipe cards, etc.
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- Data rectification wizards to correct discrepancies with minimum effort.
- Auto recognition and correct calculations for shifts over midnight, overtime, compensatory offs, etc.
- Leave calculations – encashment and accumulations.
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Early Return on Investment
Efficacy becomes a part of your business process almost immediately.
- It is easily installed on customer systems, in quick time.
- It has a simple and user friendly interface that accelerates the adoption rate.
- Setup is fast as information – master employee and organizational data, shift allocation details, leave accumulations, leave requests – can be loaded into the system from Excel sheets.
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Save time
Efficacy enables you to upload data from Excel sheets. This saves time and effort as master data and transaction data can be added to the application’s database in quick time.
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Go green and add value:
With Efficacy, pay slips can be emailed to employees. You save on paper, printing resources, and electricity – a much needed green initiative. Your business saves time, ensures privacy of information, and adds to employee convenience.
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Optimize shift loads of employees
With Efficacy, shift managers have access to shared information in real time. They can optimize shift loads by assigning shifts automatically or manually and avoiding shift deficits.
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Get a tailor-made solution:
Most off-the-shelf solutions are hard to customize. Efficacy however has a powerful rule-based engine that simplifies defining company specific directives such as:
- flexible rules for calculating hours worked
- payroll structure – deductions, employee contributions, groupings calculation rules based on time cards
- pay slip templates
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Drive management decisions
Efficacy attendance & payroll software allows management, timekeeping staff, HR, production, and finance departments to share and view data in real time. This equips higher management in taking timely decisions for business growth and profit. Managers can also identify timely workers and implement policies across the organization.
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Optimize HR functions
With Efficacy, managing leaves, shifts, payroll, and attendance, HR executives can focus on developing employee initiatives, business policies and processes, and core HR issues. They are relieved from tedious and redundant recordkeeping.
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Reduce the pain of taxation forms and returns:
Efficacy reduces the load on Finance executives by generating tax returns and forms for PF, ESI, professional tax, income tax and other legalities. Amendments to taxation rules and variations across states are easily incorporated in the software, relieving you from the hassle. Efficacy also generates salary disbursement bank advice.
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Efficacy grows with the business:
Efficacy has a modular structure and can easily scale up to demand. Any number of clients can connect to the application via LAN or the Internet.
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