Top Payroll Software’s and the Advantages of using Payroll Software for your Business - PowerPoint PPT Presentation

About This Presentation
Title:

Top Payroll Software’s and the Advantages of using Payroll Software for your Business

Description:

Payroll Software is an application that allows users to track, manage and organize payments of employees in an organization. Payroll software helps an organization to integrate all the activities conducted by the payroll team in one place to ensure the process is smooth and efficient. – PowerPoint PPT presentation

Number of Views:34
Updated: 12 February 2021
Slides: 4
Provided by: Cybersecurity-USA

less

Transcript and Presenter's Notes

Title: Top Payroll Software’s and the Advantages of using Payroll Software for your Business


1
  • TOP PAYROLL SOFTWARES AND THE ADVANTAGES OF
    USING PAYROLL SOFTWARE FOR YOUR BUSINESS
  • Help Desk Software refers Payroll Software is an
    application that allows users to track, manage
    and organize payments of employees in an
    organization. Payroll software helps an
    organization to integrate all the activities
    conducted by the payroll team in one place to
    ensure the process is smooth and efficient.
  • Payroll generation is one of the most critical
    aspects of the Human Resource department and
    needs to be managed with minimum room for
    errors. Having a robust Payroll Software enables
    an organization to ensure minimum employee
    grievance. It also helps in monitoring other
    functions such as tax payments, time and
    attendance monitoring.
  • Top Vendors in the Payroll Software Market
    include
  • Paylocity Paylocity is an HR software that
    offers payroll, workforce management, human
    resource, talent management, benefits and
    engagements. Their payroll software features
    include
  • Expense ManagementWith Paylocity expense
    feature, users can manage expenses of various
    team spending activities and requirements with no
    hassle of spreadsheets and calculators.
  • Tax Services Paylocity isa Registered Reporting
    Agent with the IRS. Organization taxes can be
    filed on time with no liability to the
    organization.
  • Garnishment Managed Services The software
    offers wage garnishment services to ensure no
    hassle during the proceses
  • Paychex Flex Paychex Flex offers payroll
    services for small and mid-size enterprises.
    Below are some of the features of their services
  • Quick Processing The software providers users
    with an easy to use interface that allows users
    to process payroll quickly online.
  • Minimizes Mistakes The software offers built-in
    safeguards that ensure payroll is calculated
    smoothly. It provides users with notification
    alerts on potential issues that might arise
    during the process or that are existing in the
    calculation.

2
  • Customization The software allows users to
    customize their requirements to adapt and cater
    to their business needs.
  • One Stop Shop The software stores all payroll
    information in one place to ensure no hassle
    during the payroll process.
  • Tax Tool The software offers a unique tax tool
    that automatically recommends the correct
    federal, state, and local payroll tax based on
    where an employee lives and works.
  • Gusto Payroll Gusto is the all in one platform
    for human resource and payroll benefits. Features
    of Gusto Payroll include
  • Tax Support Gusto payroll helps an organization
    to calculate and files their taxes automatically
    reducing stress on the company during tax filing
    month.
  • Benefits and Time TrackingThe software provides
    users with benefits and time monitoring and
    tracking for the team.
  • Employee Access The software allows the employee
    to access the platform between paydays.
  • Paycom Paycom provides automation of processes
    with their single software enabling users to
    eliminate the frustration of manually entering
    data. It also offers integration of multiple
    systems. The main features of Paycom include
  • Online Payroll Online payroll makes processing
    more flexible. It offers a repeatable, error-free
    process and provides a dedicated specialist for
    ongoing assistance and queries.
  • Paycom Pay Paycom Pay tracks all the data
    within one place and ensure that issuing
    paychecks are done on time and accurately.
  • Expense ManagementThe expense management tool in
    Paycom allows employees to upload photos of
    receipts for reimbursement and many other
    features. All approved expenses automatically
    flow to payroll saving time in the calculations.

3
Paycheck, Paycor, Payday, Paymate, Payroll
Manager, Perk Payroll, Pocket HCM, PRIS,
Rippling, Rise, SurePayroll, TriNet
etc. Advantages of having a Payroll
Software Payroll software makes the process of
calculating payroll much easier. The
organization, be it small or giant enterprises,
must invest in a good payroll software depending
on their size. This will save the organization
valuable time and they can also identify areas of
improvement in expense management. It is also a
very crucial factor that indirectly has an impact
on employee satisfaction. Some of the major
benefits of using a payroll software include it
minimum human errors and is more reliable, it
allows HR to track time and attendances, it saves
a significant amount of time which leads to less
employee stress during payroll cycle for both the
employees and HR, it provides automation in
multiple calculations such as deduction, adding
of benefits, reimbursements, and overtime pay, it
provides high accuracy and is cost-effective.
About 360Quadrants 360Quadrants is the largest
marketplace looking to disrupt USD3.7 trillion of
technology spends and is the only rating
platform for vendors in the technology space. It
provides users access to unbiased information
that helps them make qualified business
decisions. The platform facilitates deeper
insights using direct engagement with 650
industry experts and analysts and allows buyers
to discuss their requirements with 7,500
vendors. Companies get to win ideal new
customers, customize their quadrants, decide key
parameters, and position themselves strategically
in a niche space to be consumed by giants and
startups alike. Experts get to grow their brand
and increase their thought leadership. The
platform targets the building of a social network
that links industry experts with companies
worldwide. 360Quadrants will also be launching
quadrants in fields like Live Chat Software, and
PLM Software.
Write a Comment
User Comments (0)
About PowerShow.com