ChamPsoft uses Excel as its application tool. Around the world, financial information is analysed in Excel using financial modelling, and ChamPsoft brings that approach to payroll. It lets end users create and run their own analysis without calling the IT department, and its architecture is optimised for quick, reliable results.
ChamTech, a fast-growing software developer, has built ChamPsoft for several organisations, where it has proved very reliable. Quality Insurance Company is among its current users.
Easy to useBroadly distributedFlexibleOne-time paymentNo maintenance feesStandby supportReliable
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We'll demonstrate ChamPsoft to you and your nominated staff at a time that suits you.
What the payroll system does
Three connected components
A
Master payroll
- PAYE tax calculated automatically on current tax grades
- Salary pay slips
- SSNIT, 1st and 2nd tier
- Staff loan and external loan deductions
- Provident fund
- Association dues (TUC, PMSU, etc.)
- Group term policy
- Welfare and other deductions
B
Auditing component
- Automatic journal vouchers check payroll accuracy, with no manual intervention
- Payroll transactions post straight to the ledger accounts
- Net salary payments link bank transfers to the master payroll
C
Net salary payment
- Links each person's net salary transfer to their bank: bank name, branch, account number and amount
- Totals link back to the master payroll with no manual intervention