It can be challenging to track employee on-duty expenses and manage reimbursements. With scalable and configurable reimbursement categories, adjustable limits, and more, VVelocity Payroll helps streamline the process and ease the burden.
Dashlets
Examine application movement, compare allotted and utilized claims for the entire year, and conduct a head-by-head claim analysis.
Adjustable
With the HOD's approval, employees have the flexibility to choose the reimbursable components and benefits they prefer.
Handles
Reimbursement policies based on employees' grades can be used to enforce organizational constraints.
Eligibility
Eligibility can be managed by setting claim limits based on the cost center (grade) and the organization's policy framework.
Income Tax Effect
In accordance with Sections 10 and 17, the tax projection will automatically be reflected in the payslip or included as a payroll benefit.
Reports
A detailed report for claim or reimbursement voucher approval can be generated and printed based on various selections and filters.
Try Free Demo
Payroll VVelocity is a web-based and cloud-based software solution ideal for both large and small businesses. It provides a comprehensive system for tracking employee attendance, productivity, and timekeeping requirements.