Power Employee Manager (PEM) offers a full fledge Payroll and Human Resources Management solution to assist with the Administration and Management of all aspects of employee life cycle and save hours on tedious record keeping, focusing on the important and strategic issues on which an organization depends.
PEM comes with the HR Module and the Payroll Module. It provides features for maintaining the organizational structure, employee’s personal information, position and jobs, Training required and attended, lateness and absenteeism tracking, advances and a host of other features with the Payroll Module to manage employee Loan, Tax (Nigeria Standard or Organization Way), payments, Statutory deductions (Pension, Tax, ITF, NHF etc) and any other forms of deductions. Any important information like when to proceed on leave, leave history, etc, is captured in real time, thus reducing information retrieval time. The System also supports Leave schedule.
It provides full data security and detail audit trails up to transaction level.
Financial Features
Payments & Deductions
Create unlimited number of Payments and Deductions
Payee (Tax)
Allow for Automated tax computation (Standard tax Table),Rate per category, with complex legislation built in and Manual Tax Computation
End of Year Bonus
Automated end of year bonus payment based on the date of appointment (Apportionment is done where necessary)
Year To Date Calculation
Year to Date calculation of Pension, Tax, Union dues and all other pay emoluments
End Of Month/End of Year Processing
Simple to run end of month and end of year processing
Loans
Automated, with deductions calculated in accordance with the Company policy on loan repayments with the option of interest
Graded/Ungraded Salary Structure
Allow managing of graded and ungraded salary structure
Leave Allowance
Process Leave Allowance on payroll or off payroll based on average earnings or an accrued amount
Payroll History
Transaction and payslip histories are kept
Account Integration
Integrates the Nominal Ledger with real-time or batch update and transfer if the Account Software supports third-party integration
General Process
Perform global updates of rates and values across the Payroll