Loan Management Systems in PHP

Abstract:

Management of leave and payroll are critical operations for each institution as it has effect on payment of staff members of any institution and also to complete it accurately and on time. The Current Leave and Payroll Manager both are paper based systems. Though the attendance is Biometric but still it is not that much efficient in terms of matters related to leave management. Manual payment calculation of staff members is too complex and it even takes lot of time and also requires lot of efforts. So if these processes are automated, it would be of great benefit as it would require less time to calculate the salary of the employees. So, a web application that has a payroll management system is considered as one of the way here. Multiple user data access is provided by this system. Users like staff members or administrator can login into the software by writing id and password which are allocated to them from the organization. It involves keeping track of hours worked and can keep a record of employee data including their pay, allowances, deductions and taxes on monthly bases so that fresh definitions are reflected from the month onwards, which leaves all the past data intact. Similarly, for managing the entire task related to leave such as requesting for leave and approval of leave, we have considered leave management system as the solution. The proposed leave and payroll system is much efficient as it provides a user-friendly environment and manual calculation errors are reduced and security is increased.  Loan management is an important aspect in most of the SACCOs as it enables it to secure its funds through managing them.

Download