Some Polytechnic students through Innovative Students Association of Malawi (Isam) have designed and launched a payroll software named ‘Malipiro Payroll System’.
The system will help companies to easily calculate salaries and tax deductions of employees, according Isam.
Designed by Samson Fiado, a Bachelor of Science in Business Information Systems student, and improved by his fellow Isam members, the system provides centralised storage for employees’ data.
Isam vice-president Prince Matchika in an interview on Thursday said they decided to come up with this innovation as one way of showing the corporate world that university students are creative and innovative.
“We want to show the corporate world that students from University of Malawi (Unima) are able to apply what they learn in class. Malipiro payroll system is a solution to institutions which prepare salaries and make tax deductions for their employees.
“This system does all the salary and tax calculations for the employer. The advantage of using this system is that it prevents the company from paying ghost workers,” said Matchika, who is studying for Bachelor of Land Economy at the constituent of Unima.
He said Malipiro payroll system can run on local Internet network; hence, enabling the company’s different departments to access and use it.
“The company authorities will be able to give access rights to other people from other departments within the company to use the system simultaneously. The authorities will also be able to restrict other users from accessing some information which is deemed confidential by the employer,” said Matchika.
Fiado said the system is different from others already in use by companies, adding that theirs has good security; hence, nobody can tamper with it.
He said Isam is ready to upgrade the system depending on the requirements and preference of the user.
The Malipiro system is presently being distributed for free to companies so that once they are satisfied with it, they can seal a deal.
Matchika called on companies to try the system as one way of promoting Unima students’ creativity and innovation. n