How Best Payroll Software Can Help You Improve Your HR Workflow.pdf

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How Best Payroll Software Can Help You

Improve Your HR Workflow

Managing payroll runs comes with complex calculations and data

collection, which may slow down operations. With the help of

comprehensive payroll software, it’ll be easier to streamline financial tasks

and reporting, thus minimizing accounting errors, record deductions, and

more.

QuickHR, a fully integrated cloud-based Human Resource Management

System (HRMS), provides an all-inclusive payroll module where HR

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CPF calculator Overtime pay
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professionals can experience automated, simplified, and streamlined

payroll processes, ensuring that every employee receives accurate and fair

compensation on time.

Let me tell you more about the reasons why holistic payroll software such

as QuickHR is an essential element for businesses of all sizes and types.

Gather Employee Records

Payroll software is built with constant interaction across all necessary

payroll account entries such as attendance data, income structure,

timesheets, leave, claims, and more.

With a solid integration framework, there's no need to purchase separate

HR software solutions and switch from one system to another. Thereby,

reducing heavy workload and allowing more time for HR professionals to

focus on high-level HR tasks like recruiting, hiring, and training.

QuickHR’s payroll module helps ease hectic payroll periods with an

interconnected HRMS platform where every HR department can access

and process real-time records such as salary prorations, leave

applications, timesheet incentives, and claims, all in one place.

With automated payroll software, businesses can ensure that all employee

records are complete and up to date, preventing accounting errors and

record deductions.

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Set Up Payroll Schedule

It’s necessary for business owners to figure out which payroll forms are

necessary for the company and its employees. With a flexible payroll

system, it'll be easier to streamline payroll generation according to varied

factors such as employment type, contract length, pay period, and more.

QuickHR’s versatile payroll software is capable of generating multiple pay

runs for full-time, part-time, and freelance employees with different pay

periods. The all-inclusive platform also offers automated payroll

generation for monthly, bi-monthly, daily, or ad-hoc payroll runs. With

flexible and customizable settings, QuickHR will be fully compatible and

suitable for a business' growing needs.

By ensuring that every employee receives accurate and fair income

distribution on time, businesses will be able to effectively boost employee

engagement.

Calculate Multiple Payroll Runs

Manual-based payroll systems hold a high risk of calculation errors. To

avoid costly errors and increase employee morale, payroll software

automatically helps keep track of work hours and facilitates timely

paychecks with great precision.

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QuickHR's all-encompassing payroll module provides optimized payroll

processes with automated and accurate calculation of wages according to

varied shift plans, flexible overtime computation, and incentives for

punctuality.

Integrated with QuickBooks Online and Xero, QuickHR also ensures that

monthly payroll numbers stream right onto accounting charts, enhancing

workflow efficiency.

Review Regulatory Compliance

With payroll software’s auto-inclusion and full regulatory compliance

features, businesses will be able to prevent fines and penalties which may

lead to great financial loss.

QuickHR’s payroll module allows automatic calculations and deductions

in adherence to the government compliances. These include tailored CPF

formulations, auto SDL deductions, Bank GIRO and CPF submission

features, and MOM itemized payslips.

QuickHR is an IRAS-approved software solution that guarantees smooth

monthly submission by handling IRAS season with direct AIS linkage of

payroll information captured on the system.

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Moreover, the Infocomm Media Development Authority (IMDA) has
evaluated QuickHR as an effective, market-tested, and cost-effective pre-

approved solution for government grants offered to SMEs.

Approve and Submit Payroll

With the automated processes of payroll software, all that's left to do is to

approve them, saving time for higher productivity.

Unlike many other HRMS, QuickHR comes with an accessible nature,

making it an ideal platform for individuals who are relatively

inexperienced with complex and deadline-driven payroll processes. HR

professionals can easily allow the system to tabulate multiple payroll

calculations, and let the manager confirm it.

In addition to this, QuickHR's payroll system comes with mobile

accessibility where HR teams and employees can access and upload

information as well as monitor real time updates while on the move. This

will make it easier to manage and approve payroll in real time, preventing

delayed salary distributions and heavy workload.

Save Payroll Records

Payroll software solutions offer maximized storage where every record of

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salary credit is stored securely on its servers. By having a comprehensive

payroll history, it'll be easier for HR professionals to ensure maximum

clarity and accountability despite the diversity in payroll runs.

QuickHR's payroll module has its data hosted on Amazon Web Services

(AWS), the largest cloud provider in the world. The software is also built
with heightened data security, featuring a cloud infrastructure with multi-

tier encryption. This means that all data are encrypted, as are the

automated backups, snapshots, and replicas.

QuickHR's secure and maximized data storage enables smarter and faster

decision-making, thereby driving positive results and progressive

business growth.

Generate Reports and Analytics

With an extensive analysis of the overall salary structure and staff costs

across departments and even individual jobs and contracts, organizations

will be able to have in-depth and real time insights, providing more

opportunities to adapt to the ever-changing workplace conditions.

QuickHR’s payroll software can analyze employee data and create

customized analytics on HR matters such as attendance, payroll, leave,

and claims, providing a wealth of meaningful reports.

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Detail-Oriented Reports and Analytics - With an extensive analysis of the

overall salary structure and staff costs across departments and even
individual jobs and contracts, it’ll be easier to execute smart decision-

making for future business plans.

QuickHR’s payroll software has the ability to analyze employee data and

create customized analytics on HR matters such as attendance, payroll,

leave, and claims, providing a wealth of meaningful reports.

Secure and Maximized Data Storage - Unlike paper-based payroll systems,

automated payroll software solutions offer heightened data security,

ensuring that all employee and business records are stored securely on its

servers.

QuickHR is built with improved data security, featuring a cloud

infrastructure with multi-tier encryption. This means that data in the

underlying storage is encrypted, as are the automated backups,

snapshots, and replicas.

Ease of Use - Payroll software can be easily configured with different

features, options, rules, and policies, depending on the business needs.

These simplified configurations allow increased work efficiency and

productivity.

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Every part of QuickHR is designed with flexible and customizable settings,

ensuring that it’ll be fully compatible and suitable for a business' growing

needs. The full-spectrum payroll module allows instant and easy

modifications on all necessary payroll account entries such as attendance

data, salary structure, timesheets, leave, claims, and more.

Remote Accessibility - Payroll software comes with mobile accessibility

where HR teams and employees can access and upload information as

well as monitor real-time updates while on the move.

QuickHR provides hassle-free and 24/7 accessibility to employees’ data

across all mobile devices, offering an adaptable solution for both HR

professionals and employees to access real-time records.

To know more about QuickHR, book a free trial today with absolutely no

terms and conditions!

Latest Blog Updates
● Recent HR News and Updates for April 2022 | QuickHR
HRMS
●
Top 9 Reasons Why Companies Invest in an Attendance

Management System

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●
2022 Public Holidays Entitlement HR Guide in Singapore

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How Best Payroll Software Can Help You Improve Your HR Workflow.pdf

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How Best Payroll Software Can Help You Improve Your HR Workflow.pdf