Mool Vetan 2.0 for enhanced salary optimization!

Mool’s Vetan, India's 1st Tax Optimization and Salary Personalization Solution

gets a makeover - Vetan 2.0!

We are excited to announce the release of new features and improvements to our product! This release includes a variety of updates that are designed to make the product more efficient, user-friendly, and powerful.

Here is a brief overview of some of the new features and improvements:

• Streamlined payroll management with batch processing
• Custom config and 3rd party integrations
• Better UI and platform stability

Payout Batch Transfer, Transaction History, and Real Time Transaction Status

Streamline your salary payout process more efficiently and transparently with Mool’s Vetan 2.0.

Streamline your salary payouts by taking advantage of the ability to transfer payouts in batches. This saves time and reduces the risk of errors, especially when processing a large number of payouts.

Keep track of your financial activities with a comprehensive transaction history. This provides you with a clear overview of all your payouts, including the date, time, amount, recipient, and status of each payout. 

Stay informed with real-time transaction status updates for complete transparency. This allows you to track the status of your payouts in real-time, so you can identify any delays or problems early on.

Custom Allowance Configuration

Vetan 2.0’s new custom allowance configuration feature lets you create personalized organizational allowance structures. It gives you greater control over your payroll management and tailors allowances that align uniquely with your organization’s goals and employees’ needs.

3rd Party Integration via Mool APIs

Mool's robust APIs make it easy to integrate third-party services and solutions into your workflow. This allows you to expand your capabilities and enhance productivity by connecting with external systems effortlessly.

Create custom integrations that meet the specific needs of your organization and help you streamline your operations; the possibilities are endless!

Company Policy in Allowances

With Vetan 2.0, you can implement company policies directly within your allowances, ensuring compliance and consistency across your organization. This simplifies policy enforcement and makes allowance management a breeze.

This eliminates the need for manual oversight and reduces the risk of errors. Additionally, it makes it easier for employees to understand and follow the policies, as they are all in one place.

Multi-level Configuration - Organisation, Group & Individual 

Enjoy unparalleled flexibility with multi-level configuration options. Configure settings at the organization, group, or individual level to meet the diverse needs of your workforce.

For example, you can also set different allowances for employees who travel frequently versus employees who work from home. This flexibility allows you to create a system that works for everyone, and it also helps you to ensure that your allowances are compliant with all relevant laws and regulations.

There are also a couple of improvements in Vetan 2.0. Let’s have a look at them:

Better UI

Our new user interface is designed to be more intuitive and efficient, so you can navigate our platform with ease. The new interface is also more visually appealing, so you can enjoy a more pleasant user experience.

Enhanced Personalisation Algorithm

Personalization algorithms can help taxpayers better optimize their taxes by analyzing their financial situation and identifying relevant tax breaks and deductions. 

As personalization algorithms improve, they become better at understanding the nuances of each taxpayer's situation and recommending the most effective tax optimization strategies.

Improved Platform Stability

Platform stability is essential for ensuring a smooth and reliable user experience. When a platform is unstable, it is more likely to experience outages and performance issues. This can lead to frustration and inconvenience for users, and it can also damage the reputation of the platform.

We have worked tirelessly to enhance the stability of our platform by implementing a variety of measures, including:

• Investing in robust infrastructure
• Rigorous testing
• Continuous monitoring.

Improved Organisation Configuration Section

Improved tools and resources can help you to simplify the setup and management of your organization's configuration, which can lead to several benefits, including:

• Reduced risk of errors
• Improved compliance
• Increased efficiency
• Reduced costs

Modular Custom Report

Our modular reporting system makes it easy to generate customized reports with the precise data you need to make informed decisions.

With our system, you can select the specific data you need and format it in a way that is most useful to you. This gives you the flexibility to create reports that meet your specific needs, hence benefiting you with flexibility, ease of use, accuracy, and time-saving. 

Better Leave, Holiday, and Attendance Management System

Our improved time-off and attendance management system gives you complete control over your workforce's time off and attendance. With our system, you can efficiently track leave requests, holidays, and attendance records.

Simple Full and Final Settlement

Our simplified full and final settlement flow streamlines the process, ensuring a hassle-free experience for employees transitioning out of your organization.

The flow automates many of the manual tasks involved in full and final settlement, such as calculating dues and generating settlement statements. This saves time and reduces the risk of errors.

The flow also provides real-time visibility into the settlement process, allowing you to track the status of each employee's settlement and make necessary adjustments.

Conclusion

The new and improved Vetan is sleeker, modular, with improved performance and stability. It’s super easy to use by employees and employers alike. 

Happy to discuss more! Schedule a demo today!