Thursday, 2 November 2017

Payroll on Cloud

Benefits of Payroll on Cloud:

Human Resource Management is the most important aspect of any organization. Employee record management, leaves management, attendance and payroll management are the most important HR functions for any organization. In today’s globalized world, most companies have moved to work as de-centralized organizations having several business units based in different locations across the globe. De-centralization helps any organization to be more mobile, effective, global and modular to reach business opportunities in local regions. The increase in number of business unit locations increases the requirement of having localized HR professionals to manage local employees and HR functions.

Conventional HRMS, which is usually installed on servers which are physically located in one geographic location and makes it difficult for HR professionals to access information for employees who are based out in different geographic locations. In case if HRMS is implemented centrally at one location to manage all business units, the single location HR system processes face issues like not understanding localized HR needs and processes of the remote business unit.
Cloud based software, as we all aware is picking up popularity these days, promotes more accessibility, flexibility and customizations as per localized business units & locations. Today, we have various cloud based solutions available for Human Resource Management e.g. online employee management, multi-lingual systems, online leaves management, learning management and many more.

Benefits of using Payroll on Cloud:


  • HR professionals & Employees can access your Payroll Software from almost anywhere in the world via internet.
  • You don’t have to invest time and money in running payroll manually. Payroll on cloud is more robust and accurate.
  • You can configure and set-up different payrolls for each different business unit located in different locations without any extra cost and headache to hire HR professionals for each location.
  • More collaboration, as employees can access pay slips and self-service functions online anytime anywhere, and using any device e.g. computer, tablets, mobiles etc.
  • Low operation cost, as you don’t have t o worry about managing in-house servers and technical team to manage your software.
  • More Visibility across the organization. Managers can view summary reports online for the entire de-centralized organization at one place.
  • For SME, pay-per employee model helps them save lot on their HR function expenses.

Monday, 14 August 2017

ERP- enterprise resource planning

 ERP Software Solution

ERP Software includes these business activities:
 ERP Software
  • Inventory Management
  • Materials Management
  • Production Planning
  • Purchase planing
  • Manufacturing or service delivery
ERP is a business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. ERP software solution provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. The basic goal of using an enterprise resource planning system is to provide one central repository for all information that is shared by all the various ERP facets to improve the flow of data across the organization.

Characteristics:

Enterprise resource planning (ERP) systems typically include the following characteristic:

  • A common database that supports all the applications.
  • Operation in real time.
  • An integrated system.
  • A consistent look and feel across modules.
  • Installation of the system with elaborate application. data integration by the information technology department, provided the implement is not done in small steps.
 



Saturday, 1 July 2017

What is Human Resources Management System(HRMS)?

Human Resource Management System

A Human Resource Management System or HRMS is a integration of systems and processes that connect human resource management and information technology. Human Resource Management Systems, Human Resource Information Systems, HR Technology create an intersection among HRM and IT. It merges HRM as a discipline and in particular its basic HR activities and processes with the information technology field, whereas the planning and programming of data processing systems evolved into standardised routines and packages of enterprise resource planning (ERP) software.

Human Resource Information System

Human resources management systems (HRMS) can be defined as integrated systems used to gather, store, and analyze information regarding an organization’s human resources. Using HRMS technology can help HR automate and simplify tasks, reduce administration and record keeping, and provide management with HR-related information when required.

HRMS Subsystems

Several different components of HRMS are,
  • Employee administration
  • Recruitment
  • Time and attendance
  • Training and development
  • Pension administration
  • Employment equity
  • Performance evaluation
  • Compensation and benefits administration
  • Organizational management, health and safety
  • Labour relations
  • Payroll interface


Wednesday, 14 June 2017

Payroll management

Payroll is a kind of payment. Payroll solution or Payroll management system is the process which employers pay an employee for the work they have completed. Small size or large size any business with employees should have a payroll established.
Handling payroll typically involves sending out payslips to employees.
A payroll is a company's list of its employees, but the term is commonly used to refer to:

  • The total amount of money that a company pays to its employees
  • A company's records of its employees' salaries and wages, bonuses, and withheld taxes
  • The company's department that calculates and pays these.

The payroll management system deals with the financial aspects of employee's salary, deductions and allowances, gross pay and net pay etc. and generation of pay-slips for any specific period.
Our Pay Master software is very useful in payroll solution because payroll department is critical because employees are sensitive to payroll errors and irregularities. They requires payroll to be paid timely and accurately. The first mission of the payroll department is to ensure that all employees are paid accurately & timely with correct withholding's and deductions.



Tuesday, 9 May 2017

What is ERP and TALLY Software?

Enterprise resource planning (ERP) is the integrated management of core business processes that allows an organization to use a system of integrated application to manage the business. ERP Software is used to store, colltect, manage and interpret data from these many business activities.





TALLY ERP 9 The world’s fastest and most powerful concurrent multi-lingual business accounting & inventory management software. Tally. ERP has all featured for high performance business management including remote access, audit & compliance services, an integrated support center and security management, all focused on delivering peace of mind. Whatever the demands Tally.

Sunday, 30 April 2017

Vehicle Tracking System

What is vehicle Tracking System?

A vehicle tracking system merge the use of automatic vehicle location in vehicles with the help of software that collects fleet data for the picture of vehicle locations. Our GPS tracking device for vehicles gives a wealth of information that is used for your business. by our vehicle tracking system you receive regular updates on vehicle speed, direction and location. Our Smart Track System is a combination of GPS, GSM & Web based technology, which provides real time information of vehicle fleet.





Wednesday, 22 February 2017

An Innovative Application that Transforms the Lifestyle

Undoubtedly, the finance management industry is developing day by day and so there is an urgent need of the accounting software. In order to use the software, detailed accounting knowledge is not needed. Understanding about how accounting works will resolve the concerns. This software is the essence of economical and finance related activities and financial Planning is no longer a challenge now


Today, accounts is not merely a word else has emerged into an academic discipline of great importance. Accounting software designed by Endeavourafrica offers safe and customized solutions to the clients. Make efficient use of accounting solutions to provide the necessary support to grow in this competitive materialistic world. The utmost base of increase the usage of accounting solutions is managing its finance using certain set of guidelines. Accounting software organizes various resources like money, assets, investments, securities, etc.

The accounting software does all the tasks related to auditing, tallying the information, book keeping, trail balance and balance sheet. This software facilitates printouts of the requisite financial statements. This influential accounting software has control of maintaining integrity in the book keeping process. Analysing financial records in no longer a problem as the effective accounting solutions have been introduced now.

Financial planning generally involves the strategic as well as business planning to find out the financial resources which are needed to achieve the goals. Realistic and relevant budgets are generally the outcome of financial planning. Therefore, business planning is mandatory for every business product and service. Financial analysis is a must to do activity for every business so proper timings and concerns should be specified. Cash flow analysis, balance sheet analysis, income statement analysis and budget deviation analysis all are the part of financial analysis. However, carrying out the financial analysis largely depends on the needs and the nature of the business. Fortunately, accounting software has solved all these problems. The accounting software keeps track of every single entry made into the system

Financial analysis has become as easy task with the help of accounting solutions. The influential accounting software has the complete knowledge about all the factors which may impact the monetary items in the organization.

Monday, 23 January 2017

Manage high volume of data in structured manner

ERP means Enterprise Resource Planning. ERP software has capabilities of providing automation facilities. It allows saving huge amount of money and time and it has been extensively adopted by many of the top class organisations. ERP Software has become need of the digital world.

It allows managing, storing and manipulation high volume of data 

EndeavourAfrica’s ERP software facilitates businesses to manage data related to product planning, shipping and payment, human resources, financials etc. Even when businesses are not able to rely on ERP, a majority of them are aware of its existence - much because of its great advantages.

Broadly, there are two ways of ERP implementation - On-premise ERP and Cloud-based ERP. On-premise ERP is primarily about maintaining the ERP software and associated data in the client organization itself. Cloud-based ERP, on the other hand, requires clients to get their software and data hosted on another server, which is accessible online.


Currently a large number of health facilities, educational institutions, hotels and resorts, multinational companies and banking organizations are using ERP. Directly related to the ROI of organizations, ERP facilitates better resource and data management. And when India is sound in terms of technically-trained professionals, the ERP market is bound to witness impressive growth.

Cloud based ERP Implementation

Cloud based ERP is more feasibly being preferred by small and medium enterprises. Gartner's studies state that reduced cost and faster deployment are the primary reasons behind this development. That's because 'Software as a Service' based ERP solutions help client organizations to implement ERP applications in cloud environments. The ERP software and related data are centrally hosted and accessible in easy going manner

There are so many top class companies rely on ERP models and apprehensions due to data security, networking issues, and limited customization have held its acceptance-rate so far. However, continuous enhancements are sure to give cloud based ERP software implementation the much-needed push in near future.

ERP Software Service Providers

Like every other technology being used by EndeavourAfrica, the world of ERP software is filled with loads of service providers. The products offered by them differ in a variety of ways, including performance, features, capacity etc. Considering the several choices companies have, selection is not only made on the basis of features but also while keeping in mind the businesses requirements and budget constraints.