How is cloud based payroll software useful to SMEs? - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

How is cloud based payroll software useful to SMEs?

Description:

This presentation gives you a guideline for how is cloud-based payroll software useful to small and medium business. Which is used to computing deductions and employee benefits, producing pay slips, calculating and filing employment taxes, depositing payment directly to the employee then after Improve speed and security, Reduce cost, Less mistake in your company work. – PowerPoint PPT presentation

Number of Views:7

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: How is cloud based payroll software useful to SMEs?


1
How is cloud based payroll software useful to
SMEs?
2
  • Why switch to cloud-based payroll software? The
    purpose of cloud based payroll software is to
    simplify and automate the process of paying a
    companys employees. The payroll process includes
    tasks such as computing deductions and employee
    benefits, producing pay slips, calculating and
    filing employment taxes, complying with
    regulatory requirements, processing or depositing
    payment directly to employees bank account,
    voiding payments if need be and even producing
    reports.

3
  • Improve speed and security
  • Few things are more important to your employees
    that is being paid on time. Yet for many HR and
    payroll departments, running payroll is often a
    rushed process. Cloud based payroll software is
    designed to ease payroll process and provide
    security. Most feature a friendly, intuitive user
    interface and straightforward navigation. Perhaps
    more significantly, because many functions are
    automated, it eliminates the need for manual
    calculations, reducing the errors, redundancies
    and workarounds that plague employers still
    struggling with older on-premise Payroll Software

4
  • Offer mobile accessibility
  • These days, the real work often gets done outside
    of the office. One of the great benefits of cloud
    based payroll software is that HR staff and field
    managers can process and approve payroll from any
    device, any time of day. For businesses with
    multiple worksites spread across multiple time
    zones, this is a huge advantage.
  • Reduce cost
  • Cloud based payroll software offer a higher
    return on investment than on-premise software or
    manual spreadsheets. There are no in-house
    servers to buy and maintain, no physical set-up
    to accomplish and no upgrades to purchase.

5
  • Increase employee productivity
  • Using a cloud-based payroll software keeps the HR
    team on-the-go. Even while commuting, youll be
    able to run payroll through your smartphone or
    tablet. Your cloud based payroll software manages
    most of the tasks for you. Managers become more
    productive and efficient when they can handle
    employee tasks on the go. Employees become
    happier and more efficient when they can view
    information and complete tasks without having to
    ask HR for assistance. HR Managers become more
    strategic and efficient when they can delegate
    tasks while maintaining accountability.

6
  • Integration with less effort
  • Easily integrate systems and share valuable data
    in real time. You can utilize all of the features
    and benefits of a cloud-based Payroll Software by
    integrating payroll with time and attendance,
    leave management, statutory compliances and
    performance management.
  • The Upshot
  • Real time payroll processing makes it easier to
    generate reports that are legislatively obliged
    as it ensures that all information is up-to-date
    and correct. It also helps you plan your business
    strategy to get better insight for the business.

7
Contacts Us
  • 19, Balaji Towers, Sector 30A, Vashi,
  • Near Sanpada Railway Station
  • Navi Mumbai 400705
  • Maharashtra, INDIA
  • Phone 91 782 000 3100 91-281-6190000
  • Website https//factohr.com/

8
  • Thanks
About PowerShow.com