Reliable and Configurable Payroll Solution

Reliable and Configurable Payroll Solution, fully localized with CY regulations and legislation, designed based on the needs of your company. Constantly Updated with all new directives, iNPayroll Solution provided by iNsoft is your choice of excellence.

INsoft Cyprus - Our Products

Revolutionizing Payroll Management

Are you tired of spending countless hours navigating through stacks of paperwork, calculations, and manual data entry just to manage your organization’s payroll? Look no further! INPayroll is here to streamline your payroll processes and bring efficiency to your fingertips.

Designed with simplicity and convenience in mind, iNPayroll is a cutting-edge payroll software that caters to businesses of all sizes, from startups to bigger corporations. Our powerful platform combines advanced technology with user-friendly features, making it the perfect solution for HR professionals, accountants, and business owners alike.

With iNPayroll, you can bid farewell to the time-consuming tasks that come with payroll management. Our software automates the entire payroll cycle, from accurate calculations of salaries, deductions, and taxes, to generating pay slips and reports with just a few clicks. Say goodbye to manual errors and hello to precision and accuracy.

Flexibility is key in today’s dynamic business landscape. That’s why iNPayroll offers customizable features to adapt to your unique payroll requirements.

Ease of integration is another strength of INPayroll. We understand that your organization may already be using various HR and accounting systems. Our software can integrates with your HR or accounting platform, allowing for smooth data synchronization and reducing the need for manual data transfers.

Don’t let payroll management become a burden on your business. Embrace the future of effortless payroll processing with iNPayroll. Experience the difference today and unlock a world of efficiency, accuracy, and peace of mind.

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Configurable to fit your organisation needs

iNPayroll is designed in a way that each earning deduction and contribution and calculation formula can be configured according to each company.

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Banks online payment services

iNPayroll can export monthly payments according to all Cyprus banks specification for uploading them in web banking sites. We also support the export to a variety of non Cyprus based banks and money transfer services companies.

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Automatic calculations for Income Tax, Social Insurance, NHS, SI Leave, Provident Fund, Medical Fund, Unions, etc

Based on Cyprus legislation calculations of Income Tax, social insurance and other funds are made fast and correct with calculation explanation forms. Net to Gross functionality, Company or Provident Loans recording and many more funds.

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Reporting System

With a powerful reporting tool iNPayroll users can export, in many forms, all the neccecary monthly or annual  reports for internal or official use. Monthly Analysis,  Year to date Analysis ,  Variance reports , Unions reports, Provident fund and many more.

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Multi-company – Multi User

An organization can have many companies in the system with different setups for each company. Multiple users can have access to the system with different access levels within a company.

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Integration with Accounting systems, HR systems, Time and Attendance systems

Monthly social insurance figures can be exported and then imported to the social insurance portal, no need for your payroll officer to type in figures every month. IR7 reports are exported in XML format in order to be imported to the TaxisNet portal.

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Integration with Tax Department, Social Insurance Department, Banks online payment services

iNPayroll has the functionality to interface monthly payroll  journal to your accounting system, upload employee details from your HR system and get monthly information about hours worked from your time and attendance system.

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Upload figures from Excel Templates

Have an Excel file with figures that you want to upload (overtimes, bonuses etc)?

Whatever the format of your worksheet we have the tool to upload it fast and easy.

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Annual leave tracking, Loans tracking

iNPayroll will track your employees annual leave, sick leave etc, transfer balances from year to year, print reports and much more.

Key Functionality

  • Fast and easy payroll preparation
  • Prepares the necessary reports for social
    insurance and income tax
  • Very good reporting system
  • Microsoft Excel integration
  • Extensive flexibility with user defined
    earnings, deductions, contributions and calculation formulas
  • Multi-user
  • Multi-company
  • Keeps track of employee vacations, sick-leaves, etc
  • Employee Loans
  • Overtimes
  • Allowances
  • 13th and 14th salaries calculations
  • COLA (Cost of Leaving) calculation
  • Social insurance deductions and contributions
  • Income tax
  • Provident fund
  • Custom calculations through user defined formulas for earnings, deductions or contributions
  • Net to Gross Calculation
  • Payslips
  • Payroll analysis – Single Period or Period Range, Year To Date or analytical with department analysis
  • Journal entries for the accounting department
  • Bank payment instructions (printed and .xml file format)
  • Prints cheques
  • Union reports
  • Social insurance reports (printed and .xml file format)
  • Income tax reports (IR61, IR63, IR7 – printed and .xml file format)
  • Provident fund reports
  • Variance Reports
  • Emails Payslips to Employee (password protected)