MinVesta has developed a payroll software called PayGenie to help payroll departments efficiently process payroll. PayGenie is a complete payroll solution that can handle requirements for any industry. It has standard and advanced features including customizable salary components, taxation functionality, and reporting capabilities. PayGenie is highly configurable, user-friendly, and integrates with other HR systems to provide a full payroll management solution.

1. smart payroll
software
for smarter managers.
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www.minvesta.com
paygenie
Minvesta Infotech Ltd. is part of the Randstad Group
Payroll Management Software

2. complete "People", the most valuable asset is also
the most dynamic entity of an
organization. In today's demanding
environment, the Payroll Department
payroll needs to process error free payroll with
its complicated requirements to live up
to the expectations of their internal
clients - Employees.
solution Understanding the complexity of such a
process, MinVesta with its domain
expertise has developed a Payroll
Software named PayGenie aiming to
make the Payroll Department's job
easier. This product can be called
complete in the sense that it is designed
to house any kind of critical
requirements for any type of industry
starting from the standard Payroll
module to Reimbursement and Loan
Modules. It can handle entire Employee
Remunerations Services, in any
Organization. It is easy to use and is
configurable according to an
organization's specific Payroll structure.
MinVesta's Payroll Software has been built
in a modular structure to offer maximum
flexibility and options to our customer. The
various features of MinVesta's Payroll
Software are:
Complete Payroll Solution
?
?Customizable
Highly
User friendly
?
Integration with other systems – HRIS,
?
HRMS etc
? Backup and Restoration of Data
In-built
? Interface
Windows
? Report writer
Flexible
? Security levels
Powerful
? & Export of Data from Other
Import
Systems

3. Standard Features
Multi Company Payroll
?
Multi Pay group Processing
?
? Divisions/ Branches/ Depts./ Grades etc
Multiple
Standard Statutory Reports
?
Advanced Features
Unlimited Conditions with formula for individual salary component
?
Provision to view all information through „Information at a Glance?
?
? to furnish Previous Employer IT details
Option
Pay group wise Processing
?
Processing New joinee Arrears, Arrears, Salary and Income Tax together
?
Processing Salary and Non-Salary individually
?
? to provide Salary Adjustments
Option
Reimbursement Management System
?
Loan Management System
?
? Functions in Formulas and Conditions Builder
Special
? to send Pay slips through email (To be modified for New Database
Option
Structure)
Settlement process with taxable and non-taxable gratuity
?
Salary Components
User definable Deductions like PT, PF, ESI with/without formulas and
?
highly conditions
User definable Reimbursements
?
customizable User definable Supporting components like BASIC RATE, DA RATE
?
with/without formulas and conditions
? and Condition builder for Earnings, Deductions and Others
Formula
and User definable Investments/Savings (LIC, UTI, ICICI) and set the Qualifying
?
and Deductible amounts/percentages for the same
user-friendly User definable leaves like CL, SL and Encashable Leaves like PL
?
? Loan definitions like Flat/ Diminishing/ EMI Loans
Multiple
Formulas for Encashable Leaves with Leave Carry Forward Option
?
Income Tax
? Income Tax section percentages:
Defining
? 80G, 80GG, 80L, 80CCC, 80D, 80DD, 80DDB (For Chapter VI-A) and
Section
88, 88A, 89 (For Chapter VIII)
Changing percentages of "LESS/DEDUCTIONS" part in Form16
?
User definable settings for "Standard Deduction Slab" and "Income Tax
?
Slab"
? to define “Special IT exemption for women”
Option
Reports
User Designable Pay Slips with Employee & Employer Side Contributions
?
option
User Designable Reports and Statements through Document Designer
?
? wise / Division wise / Department wise / Employee wise total cost
Branch
summary
Generation of Common Government Statutory Reports like:
?
? - A, Form 5 – PF, Form 10, Form 12 – A, Form 5 – PT, Form 5 – A,
Form 6
Form 6, Form 16, Form 12-BA
Generation of PF, PT, ESI and TDS Reports
?
Generation of General Reports like Bank Statements, Attendance, Leaves
?
Details, Leaves encashment details and other income details
? can be printed in Graphic and Text mode
Reports

4. our other
products
mexpress minerva
Human Resource information and
Payroll Management System HR Suite
call us for a demo
+91 92 4619 0827
+91 93 8285 8057
+91 93 2259 3505
or write to us at
sales.india@minvesta.com
www.minvesta.com
Minvesta Infotech Ltd. is part of the Randstad Group