Payroll Management System

Merit helps one of the fastest growing business groups automate their entire payroll system.

Download detailed specifications and know Merit Payroll System better

Streamline your business operations with Merit ERP: a unified solution for small, medium, and large businesses to efficiently manage finances and inventory with constant control.

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Modules

Finance

Merit Payroll covers everything about payroll management

The Employee Database feature encompasses various functionalities such as Flexible Pay Structures, Payslips delivery via SMS and email, management of Leaves, Holidays, Loans & Advances, Ad hoc payments, and Shifts. It operates across the enterprise, supports Flexible Attendance Input, and ensures compliance with PF, ESI, PT, TDS, Income Tax regulations. Additionally, it interfaces with attendance machines and bio-metric devices.

Employee Database

Merit Payroll covers everything about payroll management

The Employee Database module provides comprehensive features including Flexible Pay Structures, delivery of Payslips and other documents via SMS and email, management of Leaves, Holidays, Loans & Advances, Ad hoc payments, and Revisions. It also handles Shifts, offers enterprise-wide functionality, supports Flexible Attendance Input, and ensures compliance with PF, ESI, PT, TDS, and Income Tax regulations. Additionally, it interfaces with attendance machines and bio-metric devices for efficient tracking.

Employee Id Cards

Flexible Pay Structure

Merit Payroll empowers you to tailor pay structures for employees with remarkable flexibility. Here’s what you can do with this software

Define Salary Components: Create individual components such as Basic pay, HRA, Traveling Allowances, etc. You can specify them as Absolute, Computed, or Conditional Amounts. Computed Amounts can be formula-based, like PF being Basic*12%. Indicate whether each component is an allowance or deduction.
Customize Conditional Amounts: Set conditional amounts based on slabs and formulae. For instance, ESI applicability may apply only to employees earning above a certain amount, within a specific slab.
Assign Pay Structures: Assign specific pay structures to individual employees and modify them as needed. Define the sequence in which components appear on pay slips.
Set Initial Salary Details: Allocate initial salary details for employees in each branch. This includes assigning required pay structures and components, setting effective dates, specifying absolute and computed amounts, and more.

Shifts & Overtime

Efficiently manage different shifts like General Shift, Morning Shift, and Night Shift with Merit. Here’s what you can do with shifts

Create multiple shifts with specific start and end times.
Set grace periods, break times, and overtime calculations.
Designate shift applicability on holidays and working days.
Merit automatically calculates overtime when recording attendance, integrating it seamlessly into payslips.

Attendance

Merit Payroll offers versatile attendance management options. You can:

Input daily attendance manually or in bulk, specifying present/absent and time in/out.
Differentiate between in and out timings for daily attendance.
Record attendance by location, shift, or employee.
Automate overtime calculation and incorporate it into payslips.
Utilize attendance data for salary computation and payslip generation.
Seamlessly integrate attendance machines for automated data capture.
Alternatively, import attendance data directly from machines or biometric devices for efficient processing.

Advances & Loans

In Merit Payroll, you can comprehensively manage employee advances and loans, adjusting them against subsequent payouts. This includes:

Recording previous balances.
Documenting details of loans and advances issued.
Logging repayments received via various methods such as cash, checks, or PDCs.
Noting irrecoverable loans.
The module seamlessly integrates with accounting, automatically updating relevant ledgers during transaction processing.

Leaves

With Merit Payroll, you have extensive control over leave management. You can define various leave types like casual, sick, vacation, and training, specifying their Paid/Unpaid status, encashability, carry-forward policy, and entitlement criteria. The system allows recording opening leave balances for each employee and entering leaves taken either individually or in bulk. Leaves can be applied for and sanctioned online or offline. Leave entitlements can be set based on fixed amounts or formulas, with options for different employee classes. The software meticulously tracks leave balances, including leaves taken, earned, pending, carried forward, and encashed, ensuring accurate leave management for every employee. Additionally, it enables recording details of leave encashments, allowing you to manage unutilized leaves that are converted into cash, either per payroll period or location.

Holidays

Revisions & Resignations

In Merit Payroll, you can meticulously track salary revisions and employment changes for employees. This includes maintaining records of salary adjustments and transfers between branches or departments. Employee revisions streamline the process of assigning new pay structures, ensuring seamless transitions.

For resignations and relieving, you can record departure details, including reasons for resignations and assets provided to departing employees. Clearances from other departments, like Finance and HR, can also be documented.

Additionally, final settlements can be recorded, covering aspects such as clearing outstanding loans or advances and calculating leave encashments due to employees upon their departure. This comprehensive approach ensures accurate and organized management of employee transitions and settlements within the payroll system.

Visa & Passport

Import Data

Why Choose Techysoft ERP ?

Comprehensive Business Management

Techysoft Merit ERP offers a complete suite of modules that streamline all aspects of your business, including finance, inventory, supply chain, HR, and more. This ensures all business operations are managed from a single, integrated platform.

Customization and Flexibility

The ERP is highly customizable, allowing businesses to tailor it to their unique workflows and requirements. With flexible modules and add-ons, companies can scale as they grow.

User-Friendly Interface

Techysoft Merit ERP provides an intuitive, easy-to-use interface that reduces the learning curve for users, ensuring a smoother adoption process across teams.

Real-Time Data and Insights

With real-time data analytics and reporting tools, Techysoft Merit ERP allows businesses to make informed decisions based on accurate, up-to-the-minute information.

Cloud and On-Premise Options

Offering both cloud-based and on-premise deployment options, businesses can choose the best solution for their needs, whether they prefer the flexibility of the cloud or the control of on-premise systems.

Data Security and Compliance

Techysoft Merit ERP ensures top-level security with encryption, role-based access control, and compliance with regional regulations like GDPR or PDPL in Saudi Arabia.

24/7 Support and Maintenance

The ERP system comes with comprehensive customer support, including 24/7 technical assistance, software updates, and a dedicated support team to ensure uninterrupted business operations.

Cost Efficiency

With competitive pricing models and a high return on investment, Techysoft Merit ERP is an affordable option that delivers powerful functionality for businesses of all sizes.

Integration with Other Systems

Seamlessly integrates with other business software, such as CRM, e-commerce, and third-party apps, ensuring smooth data flow and minimizing system fragmentation.

Localization for Saudi Market

Specifically designed to meet the unique needs of businesses operating in Saudi Arabia, including support for local languages, compliance with Saudi laws, and integration with local financial systems and tax regulations.

Value Added modules

Techysoft Merit ERP caters to a wide range of industries along with add on modules like HCM and Fixed assets management

Get Your Free Demo Today

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Frequently asked Questions

What is Merit ERP

Techysoft Merit ERP is a comprehensive Enterprise Resource Planning (ERP) solution designed to manage and integrate various business processes, such as finance, supply chain, human resources, inventory, and more, all in one platform.

How customizable is Techysoft Merit ERP?

Techysoft Merit ERP is highly customizable to suit the specific needs of your business. From workflows to custom modules, you can tailor the system to fit your company’s operations and growth requirements.

Is Techysoft Merit ERP suitable for small and medium-sized businesses (SMEs)?

Yes, Techysoft Merit ERP is scalable and designed to meet the needs of both small and medium-sized businesses. Its flexible modules allow you to adopt what you need and scale as your business grows.

Can Techysoft Merit ERP be deployed on the cloud?

Yes, Techysoft Merit ERP offers both cloud-based and on-premise deployment options, allowing you to choose the best solution for your business needs.

What industries does Techysoft Merit ERP cater to?

Techysoft Merit ERP caters to a wide range of industries, including manufacturing, retail, healthcare, construction, and services. It is designed to be versatile and adaptable to various industry requirements.

Does Techysoft Merit ERP support multiple languages?

Yes, Techysoft Merit ERP supports multiple languages and is particularly optimized for businesses operating in Saudi Arabia, offering support for both English and Arabic.

How secure is my data with Techysoft Merit ERP?

Techysoft Merit ERP ensures high levels of security with data encryption, role-based access control, and compliance with local and international data protection regulations like GDPR and PDPL.

What kind of support does Techysoft Merit ERP offer?

We provide 24/7 customer support, technical assistance, and regular software updates to ensure that your business operations run smoothly without interruption.

Can I integrate Techysoft Merit ERP with other software systems?

Yes, Techysoft Merit ERP seamlessly integrates with a wide range of third-party applications and systems, including CRM, e-commerce platforms, and more, to streamline your business processes.

How can I get a demo of Techysoft Merit ERP?

You can request a demo by contacting our sales team via our website. We’ll be happy to provide a detailed walkthrough of the software and its capabilities to help you determine if it’s the right fit for your business.

Is training provided for new users of Techysoft Merit ERP?

Yes, we provide comprehensive training programs for new users to ensure a smooth transition and adoption of the ERP system.

Does Techysoft Merit ERP comply with Saudi regulations?

Yes, Techysoft Merit ERP complies with all relevant Saudi regulations, including the Personal Data Protection Law (PDPL) and VAT regulations. It is specifically optimized for businesses operating in Saudi Arabia.

How often are updates released for Techysoft Merit ERP?

We regularly release updates to improve functionality, add new features, and ensure compliance with any new regulatory changes. These updates are seamlessly integrated with minimal disruption to your business.

What is the cost structure for Techysoft Merit ERP?

Techysoft Merit ERP offers flexible pricing plans based on the number of users and the specific modules your business needs. Please contact our sales team for a customized quote.

How long does it take to implement Techysoft Merit ERP?

The implementation timeline depends on the complexity of your business processes and the level of customization required. On average, it can take between a few weeks to several months for full deployment.

Is there a free trial available for Techysoft Merit ERP?

Yes, we offer a free trial so you can explore the features and functionality of Techysoft Merit ERP before committing to a full implementation.

Is there a free trial available for Techysoft Merit ERP?

Yes, we offer a free trial so you can explore the features and functionality of Techysoft Merit ERP before committing to a full implementation.

What are the hardware and software requirements for running Techysoft Merit ERP?

Techysoft Merit ERP is highly adaptable and can run on standard hardware configurations. For cloud deployments, minimal infrastructure is required, as the system is accessible via any modern web browser.

What features does the Payroll Management System in TechySoft Merit ERP offer?

The Payroll Management System in TechySoft Merit ERP provides features such as automated payroll processing, salary calculations, tax deductions, compliance with labor laws, employee attendance tracking, and benefits management. It also includes tools for payroll reports, leave management, and overtime tracking, streamlining payroll tasks for HR departments.

How does TechySoft Merit ERP handle tax calculations and deductions in payroll?

The Payroll Management System automatically calculates tax deductions based on the latest tax laws and regulations, including income tax, social security, and other statutory deductions. The system ensures compliance with local tax laws and provides detailed tax reports for easy filing and auditing purposes.

Can the Payroll Management System in TechySoft Merit ERP integrate with time and attendance systems?

Yes, the Payroll Management System integrates seamlessly with time and attendance tracking systems. It captures employee work hours, overtime, and leave records, allowing accurate payroll calculations based on actual hours worked. This integration helps reduce manual errors and ensures timely and accurate salary disbursement.

How does the Payroll Management System handle multi-country payroll and compliance?

The Payroll Management System in TechySoft Merit ERP supports multi-country payroll processing with features that handle local tax laws, currency conversions, and labor compliance. It ensures that payroll calculations adhere to the specific regulations of each country, making it ideal for businesses with a global workforce.

Boost your business
operations with ERP

Schedule Demo

Payroll Management System

Download detailed specifications and know Merit Payroll System better

Modules

Merit Payroll covers everything about payroll management

Why Choose Techysoft ERP ?

Comprehensive Business Management

Customization and Flexibility

User-Friendly Interface

Real-Time Data and Insights

Cloud and On-Premise Options

Data Security and Compliance

24/7 Support and Maintenance

Cost Efficiency

Integration with Other Systems

Localization for Saudi Market

Value Added modules

Get Your Free Demo Today

See Latest Blogs

Frequently asked Questions

Boost your business operations with ERP

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Custom Solutions

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Boost your business
operations with ERP