Payroll software Singapore

Why Use Payroll Software?

World has adopted the modern age of Information Technology (IT) and so is rapidly advancing towards the idea of employing computers to nearly everything which is not only making things hassle free and error proof for their business but also at the same time it is making the things easier to configure and manage.

One such thing is the new in line payroll software. If you are an employer then you will exactly know the trouble that one has to go through in order to calculate the employee payroll and to file the necessary budgeting to the authorities respectfully. The payroll software has all these things figured out for you at an ease of a click. Calculations and the filings are as easy as a piece of cake. It maintains the record with an easy access to a particular data filling without the hassle of going through tones of paper work.

Most of the companies have to hire a professional to do the job of payroll accounting and budgeting service. When it comes to human handling and manual calculations, there is always a room for error and hence one cannot be certain of the credibility.

On the other hand, payroll software is one time investment and hence it can save a lot of time and energy on the part of employer. Moreover there is no chance of any discrepancy or error. No matter how much the workload is, payroll software will work efficiently with blazing speeds of processing and filing simultaneously.

One salient feature of the payroll software is the time saving that it offers to the employer and the company in general. This can also be attributed to the improvement in productivity. There is no need for paper filing and record maintaining which is usually done manually. Moreover, individual salaries are a hassle to calculate and on top of that the statutory salaries and allowances may also interrupt and slow down the process of payroll department. The record keeping of time attendance and to tally it with the working hours might come off as a tedious task. A payroll software is capable of keeping track of not only all these aspects simultaneously, it keeps on adding new data and concedes it with the older one from time to time.

Benefits of Payroll Software

Some benefits and key features of a complete payroll system can be numerous and hence it is one of the most integrated and efficient software out there in the market. Some of the key features are discussed below.

Payroll Information System (PRIS)

Integration

Payroll Software or system is an essential and critical components within the Human Resource Management System (HRMS) framework. It works hand in hand with other modules such as the Human Resource Information System (HRIS), Time Attendance System, Leave Management System to deliver the full functionality of Employee Payroll Management. However, our software are designed to be modular where the Payroll Software or System can run standalone to cater for specific needs of your organisation.