PayWheel is simple and intuitive, yet a comprehensive Payroll

solution, which is well suited for regular Payroll activities.

It generates highly accurate results quickly, thus increasing

payroll processing productivity for all Payroll / Finance

personnel in an organization.

PayWheel has been developed after extensive research of the

Indian payroll market. The product addresses the demands

of a wide range of industry and business types with equal

effectiveness. It manages employees’ payroll, generates

Statutory Reports such as PF, ESI, PT, Income Tax Reports such

as Form 16 and 24Q, and it is also comprised of a Leave

Management workflow, which can be integrated with an existing

Biometric system. PayWheel makes payroll processing a hassle

free experience for users who can configure and implement it

without any prior training.

PayWheel is a fully web-based software that seamlessly

integrates all the payroll related activities within an

organization. It scales down the workload of administrators,

promotes confidentiality, produces error-free information

& reports, and accelerates the speed in accessing and executing

payroll related information.

Easy, simple yet advanced.PayWheel – Your Comprehensive Payroll Solution from Tricon Infotech.

Salient Features of PayWheel

Ease of Salary Setup

Salary Processing

• Customizable Salary Parameters

Customize all required salary parameters such as Basic

Pay, Dearness Allowance, House Rent Allowance,

variable components, food coupons, etc.

• Salary Setup (Employee-Wise/Grade-Wise)

Customization for salary setup, pertaining to

Individual Employees or a particular Employee Grade.

• Salary Revision History

Detailed reports of salary revision history for all the

employees, which can be reviewed any time.

• Salary Processing (Bank-Wise/ Employee-

Wise/Department-Wise)

Process salary for all employees or group wise on the

basis of various parameters.

• Salary Re-Processing

Re-process salary in case of any possible discrepancy

in the processed salary of an employee.

• Bonus, Incentive, Reimbursement

Detailed workflows for handling all requests and

approvals related to Bonus, Incentives and

Reimbursements.

• Bank Advice

Generation of Bank Advice, which can be availed in

both in PDF and MS-Excel format.

• Loan

Automate loan deduction during salary processing

with simple input of loan.

• Loss of Pay

Maintenance of a database for all LOP related details.

• Pay Slip Generation

Itemized Pay Slip feature including employee salary

breakup, abatement and Income Tax deductions.

Payroll

Leave Management

Attendance Integration

Bonus/Reimbursement/Incentive

Income Tax Form 16 & 24Q

Employee Self Service

PF, ESI and PT

HW EY EA LP

Income Tax Calculation and Investment

Declarations

Statutory Requirements & Reports

Leave Management

• Tax Structure can be easily defined and customized

as per IT Rules.

• Employees can declare their own investments online,

thus reducing time-consuming and redundant

paperwork.

• The IT calculation feature computes Income Tax every

month, based on different slabs.

• Income Tax deduction Challan can be easily captured

in PayWheel.

• A summary of IT calculations can be viewed as part

of Pay Slip.

• PayWheel allows definition of computation rules and

logic for both ESI and PF.

• PayWheel generates Income Tax related Statutory

Reports such as Form 16, Form 24Q, etc.

• Creation of other essential reports such as Pay Slips,

Pay-Registers, Employee Details Reports, Leave

Reports, etc., can be easily done by a click of a button.

• Configure customized leave types required by an

organization.

• Customize leave policies for different employment

levels

• View summary of leaves such as leave credit, leaves

taken, leave balance, etc.

• Managers can check Leave Details of their respective

team members without HR support.

• Loss of Pay leaves is configured for automatic

deduction in salary processing.

• An Attendance System coupled with Biometrics can

be integrated into PayWheel.

• Holiday list for a particular year can be setup and

modified during the year.

Employee Self Service

Role Based Security

• Online access to information such as Pay Slips,

reimbursements, leaves, etc. at any time, using

unique id and passwords.

• Faster response and better turn-around time for leave

applications/approval, investment declarations, etc.

• Automatic email alerts to employees, managers or

administrators on application, approval, etc.

PayWheel provides a multi-level, role-based access system

that is configurable by the administrator. Each user is

assigned to one or more roles, and each role is given access to

one or more features of PayWheel. In other words, you can

give users as much or as little access as is necessary to fulfill

their needs.

Once the role-based division of employees has been

established for your organization, the main administrative

actions are simplified into granting and revoking of users

into and out of roles via a user-friendly interface.

+91 80 4110 3512

(Fax) +91 80 4110 3503

(Mobile) +91 81475 87026

(Tel)

For more information on this

comprehensive payroll solution,

kindly contact us:

Why wait? Contact us now!

#5, AVS Compound, 4th Block, Koramangla, Bangalore, 560 034, India.

• One Click is All You Need

Process salaries for your entire workforce, generate

multitude of reports and lots more with just one click

of a mouse button.

• User Friendly

Payroll processing is so simple in PayWheel that anyone

can use it without any kind of formal training.

• 100% Precision

Payroll calculation with 100% precision guaranteed,

including statutory calculations such as PF, ESI and

Income Tax.

• No Recurring Costs

You only pay once for a Valid Lifetime License.

No more Monthly Recurring Costs.

• Complete Payroll Automation

PayWheel completely automates your Payroll process

thus increasing quality and productivity while reducing

errors and time consumption.

• Global Access

You can access PayWheel from anywhere, anytime

with the help of an Internet Connection.

• Your Data is in Your Control

PayWheel is installed on your server and all the data

stored is entirely yours to view and modify.

• Ease of Backup and Restore

PayWheel lets you create backups for your data with

the click of a single button, which you can later restore,

in case of data loss.

The PayWheel Advantage