The academics can choose the payment method.

The payments can be mailed (as bank cheques)

to academics to the postal address of their choice. Alternatively, the payments can be directly
deposited into an academics bank account.

1.2 Objectives
Employees are the backbone of any company; their management pays a major role in deciding
the success of the organization. Employee information management helps in deciding the future
management needs and any changes that has to be made for greater productivity. It keeps the
records of the functions performed by the individual employee playing a vital role at the time of
performance appraisal. Employee management software can carry out many functions like
employee data analysis, employee monitoring, centralized employee database, management of
the time sheet, etc.

The usage of payroll management system would ultimately reduce the overall management costs
thus ensuring greater profits and reduced burdens. The system is very easy to use and can adjust
into any business frame.

1.3 Limitations of the existing system

The institute doesnt have any software application which maintains data of the employees. The
record keeping is done manually. This leads to great difficulty when certain needs arrive of
looking into employees past data.

The institute uses a payroll application which has limited features and doesnt work efficiently
and effectively. It doesnt fulfill many requirement of the administrative department. The
application just keeps very trivial information of the employees and doesnt facilitate with any
kind of analytical ability.