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Payroll Management System

A Payroll Management System is a software application that automates the process of calculating and distributing employee wages. It considers factors like hours worked, salaries, taxes, bonuses, and deductions to ensure accurate payments. The system streamlines tasks such as payroll processing, tax compliance, and record-keeping, reducing errors and saving time. It also helps organizations generate payslips, maintain employee records, and adhere to legal regulations. Overall, it simplifies managing employee compensation efficiently, ensuring timely and accurate salary payments.