smart payroll
software
for smarter managers.




                                                                        Runni
                                                                      succes ng
                                                                             s
                                                                    in mor fully
                                                                            e
                                                                    100 fa than
                                                                           ctories
                                                                    across
                                                                            India




www.minvesta.com
                                                       paygenie
Minvesta Infotech Ltd. is part of the Randstad Group
                                                       Payroll Management Software
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
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
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

Pay Genie Lr

  • 1.
    smart payroll software for smartermanagers. Runni succes ng s in mor fully e 100 fa than ctories across India 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