Sensys Technologies: Enabling Comprehensive Web Based Payroll Management

CIO Vendor Indian payroll solutions market is expected to grow by almost 50 percent over the next few years. It is undergoing a seismic shift as both organizations and solution providers are rethinking their existing processes and embracing cutting-edge technology. Trends such as mobile, employee self-service and cloud-computing are becoming key factors in payroll decision-making and critical to driving business results. However, considering each company’s area of activity and its number of employees, various technical or legal difficulties may be faced in the payroll process. Hence, businesses are looking for a payroll management solution provider who can help them take care of all the requirements related to accounting and management of employees’ payrolls.


Sensys Technologies also provides myVetan as a SAAS offering to companies


Sensys Technologies, headquartered in Mumbai, helps businesses achieve this objective by offering them a feature rich solution that addresses the payroll management concerns of enterprises in an end-to-end manner. One of the front runners in the online payroll management segment in India, the company has worked on Internet technologies to accelerate client requests and data processing over the Internet. Sensys provides its clients with a comprehensive web based payroll management software called myVetan. The software covers modules like Payroll Processing, Employee Self Service, Online Leave Application, Recruitment, Performance Management etc.

Web enabled myVetan can be used from anywhere, any time. It is accessible via browser on a desktop, laptop or mobile from sitting at office, home or any other place connected to
the internet at the comfort of the employees or users. Realizing the fact that employees are the assets of any organization, Sensys Technologies has designed the product to make it capable of storing the complete records of employees such as basic personal information, qualification, family, insurance, emergency contacts and documents attached. myVetan has an in-built robust salary processing engine with support for multi-line formula building capacity, making salary processing quick, easy and accurate. Increments and arrears can be calculated accurately including the statutory compliances. Web enabled myVetan can be used from anywhere, any time. It is accessible via browser on a desktop, laptop or mobile from sitting at office, home or any other place connected to the internet at the comfort of the employees or users. Realizing the fact that employees are the assets of any organization, Sensys Technologies has designed the product to make it capable of storing the complete records of employees such as basic personal information, qualification, family, insurance, emergency contacts and documents attached. myVetan has an in-built robust salary processing engine with support for multi-line formula building capacity, making salary processing quick, easy and accurate. Increments and arrears can be calculated accurately including the statutory compliances.

myVetan has a comprehensive time and attendance module which is deeply integrated for real-time tracking of employee time and attendance, absenteeism, holidays etc. The product also allows organization specific workflows to be enabled for leave request and approval, reimbursement claim and approvals, 80C TDS declaration request and approval etc. HR admin can set the multi-level approval process within the organization and any customized workflow process can be created with its ProcessThread Engine. These are a few of the many benefits which myVetan offers to its users.

Sensys Technologies also provides myVetan as a SAAS offering to companies. It undertakes web payroll services for small, medium and large enterprises. Designed for corporations and payroll consultants for processing the data of their clients, the service is an affordable and fast way to manage payroll effectively.

The strong delivery capabilities of Sensys Technologies can be attributed to the combination of its strong and ambitious management team which has enabled growth in revenue for the company over the past ten years.