Who we are
Powered by Newgen and spanning over 20 years, Fast Facts is the leading direct tax software provider in India. TDS, Payroll and Fixed Assets Management is our forte and we ensure only the best-in-class services. Newgen was incorporated in 1996 and was invested into by the Carlyle group in 2004. It has since, incorporated subsidiaries in the US, UK, Europe and South East Asia across various domains including Publishing, Technology, SAAS, E-Learning and Digital Services.
What we do
With our multi-vertical industry expertise, dedicated team of technical experts, software application development and innovative technology, we provide continuous evolution of solutions for our customers. We offer one of the largest portfolios of automated tax management products and services.
Over 800 companies from manufacturing, IT, ITeS and services field have been using FAMS to record and manage assets, calculate accurate depreciation, and get powerful MIS.
PayPac is a flexible payroll solution that takes care of legal compliance such as PF, ESIC, TDS and Professional Tax. It helps automate the complex payroll function into a simple process month after month. Over a thousand companies across multiple industries use PayPac to process their payroll.
Key Features Include:
· Easy and quick implementation of master data through import from excel.
· A simple interface for user to define any complex formula for creating earning or deduction component.
· Offers complete flexibility in customizing payslip in header, footer, earning and deduction components.
· Payslips can be emailed.
· Disbursement of salary through cheque and bank transfer.
· e Filing of PF, ESIC and TDS.
· Arrear calculations for any pay component for any period using automatic or manual process, option to import arrear through excel
LEAVE MANAGEMENT MODULE
Leave Management module is a web-based module under the PayPac Management Software that helps tailor leave types and create complex leave policies for any type of industry set up at multiple locations.
Salient features of the leave management software include:
· Online based leave management module
· Configurable role-based privileges.
· Catering to various leave types
· Allocating leave using flexible methods
· Enforcing complex leave policies
· Time-saving records on leave balance calculations
EMPLOYEE SELF SERVICE MODULE:
Employee self service module is a web-based add-on module. An employee can login and view payslips for each month, Tax estimation statement, annual salary statement, leave, loan and reimbursement details. Employee can also enter, and update investment intent and payroll admin can download those details for updating in Pay Pac.
· View Payslip, Estimation, Download TRACES Form 16
· Seamless workflow for Proof / reimbursement
· Create knowledge source/documents/FAQ
· Employee query, Proof upload, consolidated proof to verify
· View reimbursement status/claim reimbursement
· Option to view / edit employee profile
· Employee reports viz LOAN, HRA, salary
End-to-End TDS Management from Deductions to Returns. Manage the entire process from preparation of challans to filing of quarterly TDS returns in a jiffy. Our solution makes precise calculations and it's error free.
Highlights of Tds Pac:
· Manage high volume data.
· Bulk PAN Verification with name.
· Seamless SAP/Oracle/ERP Integration.
· Debit / Credit Transaction knocking off.
· Multiple Lower Rate Certificate management.
·TDS Certificate along with covering letter
· Default Notice Forecaster (DNF)
· Excel Based utility for bulk Correction Return.
Reconciliation of the highly challenging 26AS is made trouble-free by the technology-enabled automated reconciliation of 26AS statement and the TDS Receivable ledgers. The statements for the reconciliations conducted detailing all mismatches will be available for download.
· Facility to download 26AS statement from Income Tax website
· Automated Reconciliation enabled by technology driven software
· Easy user-friendly interface
· Retrieval of historical reconciliation reports
· Identification of source of mismatch
· Detailed breakup of mismatch
· Mailing of the mismatches to the deductee
|Bank Name||STANDARD CHARTERED BANK|
|Account Holder Name||Newgen digitalworks private limited|