Payroll software is used to process the employees’ salaries each month. It can be quite a time consuming task and a software minimises the workload of processing the payroll very significantly each month ensuring accuracy and audit trail of payments made.
Many companies are now switching to cloud based payroll software which provides the advantage of accessing the application from any computer/laptop with an internet connection.
Using a cloud based payroll software has various benefits:
- Can be accessed from any computer/laptop with an internet connection, which can be particularly helpful during these times when staff are working from home
- There is no paperwork, everything is done online
- Reduces errors significantly since there is no manual calculation / processing
- The software can be used even if the number of employees in the organisation increase
- Since it is cloud based, data is secure
- The software will provide reminders and updates on deadlines and compliance. Read more..
Cloud based Payroll Software