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New Delhi, Delhi, India, 05/19/2009 – Payroll is an essential monthly activity involving complexities related to calculations, deductions and statutory regulations. Sage Pocket offers the best of the capabilities to accomplish these tasks with ease. Fit for the SME segment, Sage Pocket has been developed and designed indigenously keeping the Indian conditions in mind.
Thomas Abraham, Managing Director, Sage India, says, “Having an efficient Payroll process in place is crucial to ensuring employee satisfaction and compliance with statutory requirements. Sage Pocket has been simplified to enable the Partner network of Sage to easily sell and implement it for their customers. We expect to substantially increase our penetration in the Indian market with these new releases”.
Sage Pocket comes in Two versions i.e. Professional, Premium. We also have Online modules available as add-ons
Sage Pocket Professional
An easy-to-use payroll solution designed as a single user single company application for up to 300 employees. The solution is configurable and allows the user to set statutory regulations, calculate income tax, track reimbursements and generate pay slips. Employee master details can be maintained with the option to upload all the necessary documents.
• Compute salaries including statutory computation of PF and ESI;
• Income Tax & maintain record of Investments;
• Reimbursements as per CTC norms;
• Keep track of Employee Leave taken and Loan availed;
• Maintain correspondence with employees in respect of Letters and E-mail.
Sage Pocket Premium
Advanced version of Sage Pocket Professional, the application has been designed to meet the needs of companies requiring greater payroll processing capabilities. Multi-user, Multi-company and up to 1000 employees. The numbers can also be scaled. Sage Pocket Premium being a multi-user application allows the administrator to set user access rights and maintain complete audit trail. The solution can be integrated with the online modules.
Sage Pocket- Online Modules
A set of modules available online that enables employees to have an online access to information relating to HR, Leave and Claims. Modules include:
• Personnel Information Portal;
• Online Leave Tracking System;
• Online Claims Management.
R.S. Raman, General Manager, Sage Pocket, says, “Our R&D team in Chennai has focused on streamlining the product and making it ‘easy to install’ and easy to use’ while enhancing the features and functionality. We have also set up a Partner channel of over 25 partners across India who will be selling and implementing Sage Pocket. We expect to grow our customer base in India substantially from the current 300 customers with this new release. We are also soliciting more partner enrolments with us to take this product closer to the customers in various geographies in India”.
All the Sage Pocket versions are available with six modules i.e. Payroll, Leave, Income Tax, Benefit, HR Letters and Email. With a starting price of Rs.25, 000, Sage Pocket is now available with all authorized Sage Partners of Sage India.
About Sage India
Sage (sagesoftware.co.in) has over 1000 customers in India for its CRM, ERP, Payroll and HRMS products across industries like, Trading & Distribution, Manufacturing, Services, IT/ITES, Financial Services, Media, Travel, & Hospitality.
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