Is It ‘May Day’ or ‘Pay Day’ For Your HR? ether your HR looks


While employees eagerly look forward to month-end and year-end, as the time to reap the benefits of work done, HR departments bear the unenviable job of ensuring salaries and payouts happen on time, seamlessly and aligned with compliances and regulatory needs.

This can put undue stress on HR functioning, not just once but every month, every year, guzzling precious resources and time if the payroll management uses traditional manual methods of processing and dispersing pay, generating reports, and validating data.

It is this crucial factor that decides whether your HR looks to the month-end as ‘pay day’ or is forced to cry May Day!

Salaries and payouts are the most sacred of the many covenants between a business and its workforce, and it becomes one of HR’s most important duties to ensure it is secure and delivered upon, no matter how large the workforce, no matter how varied.

HONO, with a state-of-the-art HRMS, backed by AI, has a smart product solution designed by a team of senior HR leaders and cutting-edge technologists called the

HONO PAYROLL MANAGEMENT SYSTEM.

It has been designed to automate and address the most stubborn pain-points of businesses and HR departments when dealing with payroll processing – and it promises easy integration with legacy systems too.

So, if you can identify with any of the following ‘Mayday’ signals, we’d be happy to make them go away:

  • PAYROLL PROCESSING AT SCALE
  • ANAMOLIES IN PAY DISTRIBUTION
  • COMPLIANCE CHALLENGES
  • MAINTAINING DIFFERENT PAYROLL RULES
  • LIMITED DATA VALIDATION
  • PRECLUSION OF LEAVES & OVERTIME
  • DELAYS IN PAY DISTRIBUTION
  • MANUAL SALARY RECORDS
  • MANUAL DISPERSAL OF PAYSLIP
  • CALCULATION ERRORS IN BONUS, TRAVEL EXPENSES, DEDUCTIONS
  • MAN-HOUR INTENSIVE YEAR-END COMPUTATION
  • OVERTIME COMPUTATION CHALLENGES

 

If you’d like to know more about the HONO PAYROLL MANAGEMENT SYSTEM,

With more than 1 million + employees, 300+ businesses already using the HONO AI-backed platform globally, HONO’s solutions have been executed widely and is trusted by the smartest business leaders.

Do reach out to us if you’d like us to help you move to a smarter, happier, and easier way of managing your ‘payroll process’.

 

Team HONO

We have therefore created The HONO PAYROLL MANAGEMENT SYSTEM a state-of-the-art HRMS, backed by AI, a smart product solution designed by a team of senior HR leaders and cutting-edge technologists for Payroll management. It has been designed to automate and address the most stubborn pain-points of businesses and HR departments when dealing with payroll processing – and it promises easy integration with legacy systems too.

HONO PAYROLL MANAGEMENT SYSTEM

Manual or semi-automated processing of hundreds of employee data every month can be a serious challenge. Besides being a labour-intensive task, making huge demands upon any company’s HR, it is also a task prone to errors.

We have therefore created The HONO PAYROLL MANAGEMENT SYSTEM a state-of-the-art HRMS, backed by AI, a smart product solution designed by a team of senior HR leaders and cutting-edge technologists for Payroll management. It has been designed to automate and address the most stubborn pain-points of businesses and HR departments when dealing with payroll processing – and it promises easy integration with legacy systems too.

 

 

Salaries and payouts are the most sacred of the many covenants between a business and its workforce, and it becomes one of the HR’s most important duties to ensure it is secure and delivered upon, no matter how large the workforce, no matter how varied.

And thus,

HONO PAYROLL MANAGEMENT SYSTEM

Benefits

CREATE UNLIMITED ‘PAY’ GROUPS & TYPES

For Unlimited Employees

DISTRIBUTE PAY: ON-TIME & SEAMLESS

Supported by automated backend

GET A UNIFIED SOURCE OF EMPLOYEE DATA

Ensuring accurate & compliant payroll management

USE AN AUTOMATED DATABASE

For effortless payroll management

BENEFIT FROM INTEGRATED PAYROLL, LEAVE & ATTENDANCE

For accurate pay computation

ENABLE WORKFORCE WITH EMPLOYEE SELF-SERVICE (ESS)

For easy access to payroll & compliant information

GENERATE EXTENSIVE PAYROLL REPORTS

To track salary, benefit & tax history

ACTIVATE INTERACTIVE PAYROLL SOLUTION

For self-generated pay-slips, identity proofs and more

INTEGRATE PAYROLL & HRIS

For accuracy, with ease

 

Snapshot of Product Features

HIGHLY CONFIGURABLE

Setup pay components, flexi benefit plan and configure formulae for computation of income and deductions etc.

MODULAR, INTEGRATES WITH EXISTING SYSTEMS

EMPLOYEE SELF-SERVICE (ESS): WEB, MOBILE & CHAT-BOT

HR INTERFACE FOR PAYROLL BENEFIT COMPUTATION

TAX COMPLIANT PAYROLL ADMINISTRATION

STATUTORY & NON-STATUTORY REPORTS

Configurable and pertaining to Government, HR, Finance, IT and more

END-TO-END AUTOMATED PAYROLL PROCESSING

Including Employee taxation, Form 16 releases and more; support for all countries/entities



Author:

Taniya Pandey

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Senior Industry & Consulting Leader, Rajesh Padmanabhan Appointed As Chairman, HONO

Senior Industry & Consulting Leader, Rajesh Padmanabhan Appointed As Chairman, HONO

Senior Industry & Consulting Leader, Rajesh Padmanabhan Appointed As Chairman, HONO