MyPayFriend, best accounting and human resources Payroll Software Dubai from Mindsoft is a unique way for payroll processing management in Dubai. It has plenty of features for payroll management like time and pays policies, attendance management, multiple currency conversion and operation, automated loan processing, multiple payment modes to name a few. MyPayFriend allows your organizations to lead a hassle free, easy to use, accurate and best payroll management software in Dubai, GCC & India.
Supports a wide range of policies such as work schedules, leave, holiday calendar, incentives, final settlements etc which may be assigned to a company, a department, based on work quantity, designation, employment type and project. Policies based on time schedules for daily wages, monthly payment, work quantities like hourly rates and piece rates are all supported.
MyPayfriend TM works concurrently with various brands of time and access control devices. The software can seamlessly integrate the data in various fie formats into the system and track employee attendance. Salary is processed based on data from the time sheet enabling user to optimise accuracy. Auto attendance is linked to time sheet which enables the user to re-edit the attendance.
Supports cash, cheque, direct depositing system complying with WPS, auto bank transfer through salary information file. These modes of payment work concurrently with all types of payment schedules such as daily, weekly, monthly and fortnightly on the basis of the company’s requirement. Salary may be payable to a single employee, a selective group of employees or even a group of companies.
Prior to employee exit, MyPayfriendTM enables calculation based on gratuity, earnings, deductions etc as per prevailing government regulations or predefined company policies.
This functionality facilitates conversion of one currency to any other. By this operational mode, payment can be made to vendors of other countries or employees sent to other countries in the currency they need with the present conversion rates calculated up to the final denomination.
MyPayfriendTM has My Report Explorer which includes all report generation features like defining new column, applying filters, search reports, print, e-mail and export functions. A new feature for adding derived columns using formula, enables customization of reports to extreme level (i.e. if net pay is basic pay + HRA a new column named NET PAY can be added by inserting the formula).
Mindsoft Technologies FZC
United Arab Emirates
Tel: +971 4 2759000,50 3138130
Mindsoft Innovations Pvt. Ltd.
No.2996-A, National Highway Bypass Road, Edappally, Ernakulam, Kerala 682024
Tel: +91 484 2976250