PayEdge module for NetSuite helps to automate and ease the Payroll Life-cycle which is a time saving and cost effective solution. It is backed by knowledgeable support staff who works for clients specific requirement. Having offices in India, UK, US, Canada and Middle East, Inspirria seeks to set the standards for multinational Payroll Management focusing on India, Dubai and Iraq which is built on NetSuite. PayEdge helps you to ease the statutory compliance by providing the necessary reports as per the local jurisdictions.

PayEdge module for NetSuite helps to automate and ease the Payroll Life-cycle which is a time saving and cost effective solution. It is backed by knowledgeable support staff who works for clients specific requirement. Having offices in India, UK, US, Canada and Middle East, Inspirria seeks to set the standards for multinational Payroll Management focusing on India, Dubai and Iraq which is built on NetSuite. PayEdge helps you to ease the statutory compliance by providing the necessary reports as per the local jurisdictions.

Introduction

PayEdge is a SuiteApp which helps companies automate the entire payroll life-cycle. It provides a cost-effective and time efficient system for NetSuite users to easily process payroll with minimum of paper work. The system being on cloud and tightly integrated with NetSuite gives visibility of payroll data across locations and across subsidiaries. This ensures that the budgets are tracked and allows better visibility and control. Being a SuiteApp the PayEdge module also ensures that there is a seamless flow of information passing to the financials by Journal Entries and also providing the report which will help to do accurate financial analysis.

Key Benefits

  • Accurate, Error free calculations and quick processing time.
  • Timely disbursement of salary boost to increases the productivity
  • Cost effective and can be managed by single payroll master with defined access rights.
  • Compliance can be handled efficiently through accurate Payroll Data
  • Process Group Functionality helps make the logical grouping of the employee and also helps manage location wise different scenario's specific to your organization.
  • Online payslips are available for the employee's in NetSuite Employee Center with additional email functionality for sending the payslips.

Other Benefits:

Apart from NetSuite and Payroll Processing, one of the key benefits the module provides is to configure the product to suit your needs. You as a Customer can decide on who takes the responsibility for the maintenance activity. Inspirria expertise can be utilized by your team for any specific requirements which you would like to get configure in the system.

Integrated with NetSuite


PayEdge seemlesly integrates with NetSuite employee master and financials. Since it is completely built on NetSuite, it becomes easy to flow the interim information.

Process Group for Simple and Structured Payroll Processing

  • Logical Classification of employee's in Different Groups. Salary Component can be defined for each Pay Group.
  • PayEdge can be configured so that salary structure varies between group of employees helping keeping confidentiality for
  • Higher grade employee payroll.
  • Multi Currency pay calculations.
  • Configurable processing Months per pay Group.

Feature Highlight

  • Single Click Payroll Processing.
  • Increment and Arrear Calculations
  • Variable Payment and Deductions
  • LOP reversal and Adjustment Calculations
  • Salary hold arrangement,Final Settlement
  • Multi Currency Support.

Multiple Configurable Component Settings

The component can be defined as FIXED,VARIABLE,FORMULA

  • FIXED - the amount is constant for all months, till next change like Basic Salary.
  • FORMULA – simple or complex formulas can be defined to compute the amount.
  • VARIABLE - the amount is paid for a specific month like Bonus, Incentive

Automated Journal Posting

PayEdge helps you to reduce the manual error by automating the Salary JV . It helps you to post your Salary JV automatically and pass the information to NetSuite financials. PayEdge also provides you the Salary JV report to view the GL Impact.

Inspirria Cloudtech is a solution partner based out of India and a partner to NetSuite since 2004. It has been awarded the best APAC partner of the year 2012 by NetSuite. Inspirria Cloudtech is also an SDN partner and has developed several add-ons to NetSuite to help customers use the product better. One of our flagship product is Inspirria Indian Taxation (IIT) which is the taxation module which helps India customers use NetSuite financials with Indian localization. Apart from AIT we have FieldEdge whuch is a mobile add-on to NetSuite. This add-on allows users to extend the usage of NetSuite on the mobile. From Lead to Cash flow, Case management, Timesheet and Expenses -- all of it is covered on the Android Platform.

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