The payroll process can be quite a task in the HR world from entering employees' wages into the system to applying deductions to the final reconciliation. For this reason, payroll automation is your best bet when dealing with large amounts of payroll data. And because large amounts of data are involved, it is a time-consuming task and requires a lot of precision.

2. The payroll process can be quite a task in the HR world – from
entering employees' wages into the system to applying
deductions to the final reconciliation.For this reason, payroll
automation is your best bet when dealing with large amounts of
payroll data. And because large amounts of data are involved, it
is a time-consuming task and requires a lot of precision.

3. Ensure Security
Accuracy
Saves Time
Integrates Data For
Automatic Inputs

4. If you have employees, you must subtract sums for a variety of reasons. You may
have a long list to keep track of, ranging from taxes and retirement payments to
health insurance and uniform expenses.
When you go digital, your payroll software may calculate your deductions for
you. As a result, you won't have to worry about precision or errors. The
programme, on the other hand, takes the data and automates the process. Your
payroll software will easily calculate total deductions and generate tax
documents for your employees.
ACCURACY
Payroll data is private information that you don't want everyone to have access
to. Paperwork and spreadsheets will not be of much assistance in this area. Data
encryption is handled by automated payroll software, which also allows you the
option to keep it password-protected so that you can restrict access.
ENSURE SECURITY

5. HRMS automated payroll system will likely include built-in leave and attendance
management systems, allowing for a seamless data flow between the payroll and
leave and attendance modules. The software will automatically update the
required information and maintain it on hand for payroll processing, saving data
entry and verification time.
Employees can use the communication tool to amend their leaves and regularise
gaps in attendance before the payroll cycle closes, ensuring that no income is
lost owing to these slips. By releasing instant payslips and bank transfer
statements, integration with banks can enable instant transfer of salaries
following payroll processing.
INTEGRATES DATA FOR AUTOMATIC INPUTS

6. Payroll can be a time-consuming process due to the many activities required to
maintain everything in order. When done manually, calculating hours, tax
preparation, and employee data upkeep might take many hours. Investing in a
robust HRMS payroll system will allow you to automate information like direct
deposits, up-to-date tables, and even general ledger updates.
SAVES TIME

7. PeopleWorks is a technology company offering
an immensely successful flagship solution –
PeopleWorks HCM in the Human Capital
Management Automation segment. Located in
Bengaluru and Pune, PeopleWorks is the coming
together of excellence in HR Management,
Technology, and Business Growth. Armed with
in-depth experience in HR Management and
Market Leadership in payroll solutions for over a
decade, our large customer base is a testimony
to the benchmark we have set in the industry.
ABOUT US

8. THANK YOU
TO KNOW MORE VISIT - WWW.PEOPLEWORKS.IN