Compare AscentPayroll vs. KeyPay

Recognizing the essential role that payroll processing plays in maintaining your company's operations, we present Ascent Payroll, a streamlined solution for employee compensation. As the flagship offering from Eilisys Technologies, it stands out as the most adaptable and user-friendly payroll management software on the market. Equipped with powerful features such as an income tax calculator, flexible reimbursements, and expat grossing up tax capabilities, it is undoubtedly the ideal tool for prompt payroll computations. Additionally, it includes an audit trail for changes to earnings, deductions, and employee master information. The software simplifies the generation of automated bank upload files or NEFT files formatted for your bank, alongside quarterly and yearly e-TDS returns in NSDL format. It also features automatic TDS calculations and parameter-driven income tax computations, allowing customization of salary journal entries. Users can configure their own dimensions for salary journals and benefit from a digitally signed Form 16, along with a loan perquisite valuation report. With a variation report highlighting changes in transactions over the past month, Ascent Payroll ensures a comprehensive payroll management experience. Overall, it not only enhances efficiency but also provides peace of mind regarding compliance and accuracy in your payroll processes.

An intuitive online payroll solution that seamlessly integrates with accounting systems and streamlines the entire payroll process is now available. With a single setup, clients can fully automate their payroll management. KeyPay operates in the background according to your specifications, handling everything from timesheet data imports to gross-to-net calculations, leave accruals, payroll processing, superannuation calculations, and ATO compliance reporting. The platform features an automated award interpretation and pay conditions engine, ensuring accurate wages are paid in alignment with Fair Work regulations. It stands out as the only payroll software in Australia capable of automating annual award reconciliations and employee pay calculations, consistently updated in real-time to reflect any legislative changes. Users benefit from complete payroll visibility in the cloud, effectively eliminating the need for manual data entry. Additionally, the employee self-service portal empowers staff to manage their timesheets, clock in and out for shifts, access their pay slips, view rosters, update bank details, and more, enhancing overall efficiency and transparency. This comprehensive solution not only simplifies payroll administration but also fosters a more engaged workforce.