Read the post to understand the functionalities of Ascent payroll software and HRMS. Eilisys, Ascent payroll processing software has emerged true on all the requirement, is robust enough to take care of any scale of operations and is extremely accurate, fast and above all customizable to the needs of the particular organization. Visit:-https://www.eilisys.com/payroll-software.html

1. Can Ascent Payroll Software Be An Effective HRMS?
The modern era is very much a technology-assisted one. Whether it’s something as mundane as
checking for directions or complicated as maintain databases, the software is the guiding light
now. With so much reliance on IT solutions, it’s obvious there is plenty of innovative software in
the market for employee management. Is this happening in your company too? If so, I suspect
there are many challenges faced by your employees, managers, HR and management.
One cannot deny the importance of payroll management systems. Managing a company’s
external and internal aspects together builds up progress. The role of payroll management
software is not restricted to just paying salaries anymore, it is now capable of managing a host
of objectives encompassing the finance department, statutory compliances and HR
Departments itself.

2. Features Of A Ascent Payroll Software
Ascent Payroll software system is widely acknowledged as the best payroll management
software in India. The following are just some of the functions that you can enjoy with a
good payroll management system:
 Fast and efficient processing of payroll
 Management of reimbursement claims and loans
 Easy to view, access, and print pay slips
 Customized payroll reports as and when required
 Compiling statistics and reports
Payroll software typically manages only a small number of accounts or HR departments and
does not include employee access.
Features of HRMS
Since the Eilisys HRMS software is accessible by all employees, security and access controls and
usability is extremely important feature that must be built grounds-up in the software.
 Human resources software is used by organizations to combine HR functions such as
employee data storage, payroll management, recruitment processes, benefits
management and attendance record tracking.]
 Ensure that human resources processes are managed and accessible on a daily basis.
Other leading HRMS software would further offer functionalities such as
 Employee portal
 Workflows for different approvals
 Document storage
 Recruitment and On boarding
 Exit management
 Performance management
 Skill and Training management

3. How did payroll start acting as a HRMS?
Companies should handle payroll on a regular basis. To do this, they bought payroll software
from professional payroll companies. As part of the payroll operation, the company provided
new and retired employee information, address and dependent changes, time cards, benefits
and other information that could affect wage or withholding calculations.
Managing all this data was tedious, so the payroll provider started building additional
functionality and a simple payroll started the role of HRMS.
Challenges faced by customers when they use Payroll as
HRMS
To begin with, a small set of administrative level employees were expected to use the Payroll
software. These users knew the compliance rules and were able to easily manage software.
Security requirements are minimized, no workflow is built in and no usability testing has been
done. Each of these features has been repeatedly added to the payroll software according to
evolving market needs.

4. Managers, who need to use HRMS for crucial employee-related decisions find that reporting
and analytics are complex and unintuitive. Key employee development and participatory
initiatives are often behind the scenes due to these inherent limitations. People go back to
using Excel sheets to make these decisions. Overall, the experience of using the Payroll as
HRMS leads to dissatisfaction.
What is the approach moving forward?
Payroll processing is a small part of the entire area of employee data management activities.
Allowing payroll software to manage employee data may be the only option initially available,
but it is no longer. With availability of Eilisys HRMS software, that can easily integrate with any
payroll software.
Ascent payroll processing software has emerged true on all requirement, is robust enough to
take care of any scale of operations and is extremely accurate, fast and above all customizable
to the needs of the particular organization. No wonder Ascent Payroll Software is the preferred
choice of over 930 organizations, big and small, and is used frequently by over 500,000
employees for managing their payroll related queries.
Contact Us
Address - Office No. 602, Kapil Zenith,
S. No. 55, Behind Maratha Mandir,
Bavdhan, Pune - 411021.
Email Id - sales@eilisys.com
Phone No. – +91 20 6729 5300
Website - www.eilisys.com