The time is ripe for you to search for a payroll software approved by IRAS and implement it for the benefit of your organization. It is a necessary step because there is a limit on the resources a business can invest in its manual payroll processing.

Reduce the Cost of Non-Core Tasks with a Payroll Software

A business owner must keep in mind that though, the HR and payroll activities are the part and parcel of business, they do not generate any revenue for it. They fall into the category of non-core tasks. That is why you need to think seriously about automating them using an integrated HR & payroll system.

For a small business, needing every scrap of financial resources for its survival and growth, it is essential to economize on its expenses. One way of doing it is to keep a tight reign on what it invests in the discharge of its non-core tasks. The investment could be the money, office space, trained HR staff, and the other resources that it needs to allocate to get these tasks done. Adopting an online payroll software offers a long-term solution to improving its productivity.

The automation through the use of a payroll software approved by IRAS Singapore, naturally, reduces the manual work of the HR staff. Most importantly, it helps the HR professionals in increasing the quality of their decisions.

Store Employee Details in a Database on the Web Servers

The integrated payroll systems incorporate well-defined databases to save employee details and company information. The access to the employee details like experience, talents, and skills assists the authorities in progression planning. The database is integrated with various modules of the software which allows the staff to create accurate reports.

Features of a Payroll Software Approved by IRAS

Employee Management

Master Setup Management

Company Management

Payroll Management

Leaves Management

Time Attendance: Roster & Timesheet Management

Claims Management

Progression Planning

Reports and Enquiry Management

Email and SMS Management

Reports and Dash Boards

Tracking

Schedule Management

Bio-metric (Finger Scan ) Attendance support

Billing & Invoice Management

Improve Your Employee Management

The implementation of a web-based HR & Payroll System improves a business\’ communication with its employees. They can log into the system and exchange information with ease. They can also access online resources to know the company policy, their leave status, or apply for leave, and download or submit various forms. All in all, an online payroll software for small businesses enables them to get rid of the paper-file-based records and benefit from the advances in the information technology.

The HR & payroll software saves HR staff from wasting its time in non-strategic tasks and also cuts down on the amount of its paperwork. It also provides a module for email and SMS management enabling the employees to communicate their queries to the administration. It also streamlines the recording of employee attendance through the use of biometric finger scanners.

The use of a web-based payroll software Singapore enables the businesses in economizing on the resource allocations and give priority to the execution of their core tasks. It proves instrumental in bringing down their cost of payroll without hurting their statutory compliance.

SBS Consulting is a Singapore-based software developer company. The purchase of its products like payroll software , pending approval by authorities, may gets you PIC grant.

SBS Consulting is a Singapore-based software developer company. The purchase of its products like http://www.summittech.com.sg/products/payroll-system-singapore/ payroll software , pending approval by authorities, may gets you PIC grant.

Author Bio: SBS Consulting is a Singapore-based software developer company. The purchase of its products like payroll software , pending approval by authorities, may gets you PIC grant.

Category: Computers and Technology
Keywords: payroll software, payroll software singapore, payroll system