Efficient On-boarding Process :
Finding better candidates plays a vital role for organization and HR administrator is directly responsible for hiring new employees. A few decades ago, HR collected employee documents manually, tracked report of candidates’ test, provide them with instructions, and prepare offer letter and looked after much more administrative formalities. It’s all manual process which became cumbersome to all HR personnel due to which they couldn’t focus on other productive tasks and ended up wasting a lot of time. Having a better employee onboarding process is important for employees to start work, stay productive, and increase their satisfaction level. It automatically stores all documents in a centralized database with high security. Employees can get all information such as their shift, policy, KPI, project information which is their manager and gets various details themselves. With payroll software you can make the efficient on-boarding process and eliminate the need for paperwork as well as save employees will save tremendous time and focus some productive task instead of doing manual filling paperwork.
ESS :
Every time, the HR may not be free to solve employees’ query about their attendance, salary, leave and various problem. Some payroll software provides Employee Self Services Portal from which employee can view leave balance, attendance regularization, claim for travel expense and different information get without involving HR personnel through which save the time of both HR employee and employer. There is no need for an employee to draft an email or personally request the HR. Employees can download payslip over there, and if they find any incorrect information, they can apply for correction as well as employees can generate a report with the various format for track more information. They can see quickly and get all information such as how many days worked on a particular pay period, which day they were on leave and how many days overtime was done. With the Employee Self Service Portal, HR need not invest more time to handle administrative work, and as a result, they can focus on more critical and important business tasks.
Automated payroll process :
The payroll process is an essential part of every business. If you want to run the payroll process of every employee efficiently, using automated payroll software is the solution. It will automatically calculate all types of payments such as basic salary, net salary, hourly rate, overtime rate, reimbursement, bonus, any deduction and various complex function. Manual payroll process requires to calculate working hours, day, need to track performance, which method in HR struck in every step, after all, more chance to generate the erroneous result. With payroll, software employee can get an accurate result with minimizing human error. It would be integrated with attendance, leave and expense module which through automatically fetches employees details. Hence, there is no need for paperwork. Therein HR admin can generate reconciliation report for verify payment details between two financial years.
Automated Statutory Compliance :
Many organization facing various problem in calculate tax, pf, and other compliance. It’s become a challenging part of generating a report without miss calculation. The statutory compliance report is must require every business to submit a government agency. It’ s become very complex for business to handle every employees’ regulatory reports. payroll software calculates automatically calculate PF, EPF, professional tax, and various statutory compliance with less HR admin effort. Compliance report will be directly integrated with financial accounting software. If some times need to update regulatory details at that time no need to update manually, need to update one place effect all process.
Adopt payroll software for increasing employee work efficiency without putting extra manual efforts which improve the employee engagement after all increasing your business productivity and make more accessible entire HR admin functions.
