If you are not convinced about the importance of using a payroll system Singapore for your small business, let me try a different tack. Let me ask you a question. As a business owner, would you prefer to spend time on administrative tasks or spend it on revenue generation?
Take your time and think deep!!
Your choice can impact the effectiveness of your investments, execution of business idea and company’s chances at success and longevity. That is why a large majority of business owners opt to automate administrative tasks using business software Singapore like Singapore payroll system.

Is Payroll Processing a Core Task of Your Business?
The administrative tasks like manual payroll processing tend to be time-consuming and resource gobblers. Moreover, they are non-core tasks, and timely or accurately doing them is not going to generate any revenue for your business. It is a good enough reason for the owners to invest in an efficient payroll software Singapore and streamline the task.
The payroll is a liability for the Singapore businesses. They need to discharge it within the prescribed time-frame if they want to remain compliant with the mandates of Employment Act of Singapore. Adopting a Singapore payroll system also enables them to preserve the positive environment at the workplace.
If you are yet to adopt a pro-efficiency payroll system Singapore, surely, you have some solid reasons for it. Maybe you want to do it personally in order to be aware of the things, or it could be that you want to save money. However, as the business activities and the number of the employees start increasing, you will find less and less time to devote to such a task.
Getting tied-up in administrative tasks will mean that you will not be able to scale your small business beyond a certain limit. Your intentions could be honorable; however, it will not leave you with enough time to enjoy the fruits of your labor. Implementation of a Singapore payroll system rich in features will allow you to do both the things.
You should look for a payroll software Singapore that will enable you to automate as many tasks of your payroll as possible. You need to pay careful attention to the features and modules it offers.
Choosing HR & Payroll System for a Small Business
- Employee Management
- Master Setup Management
- Company Management
- Payroll Management
- Leaves Management
- Time Attendance: Roster & Time-sheet Management
- Claims Management
- Progression Planning
- Reports and Inquiry Management
- Email Management
- SMS Management
- Reports and Dash Boards
- Schedule Management
- Tracking
- Reporting
- Bio-metric (Finger Scan) Attendance support
- Billing & Invoice Management
Your best bet for finding an integrated payroll software Singapore is to search the internet and see what is available. However, you may conclude that this off-the-shelf business software Singapore are not adequate for your purpose. It is where you need to take a thorough review of your in-house processes and identify your special payroll needs. You can ask the manufacturer of the payroll software to customize it for your purposes.
- Bio-metric Attendance: The state-of-the-art payroll software systems use finger scanners to record employees’ attendance and time-sheet data. The accurate data collected is used during the payroll processing.
- Statutory Contributions & Donations: The software takes care of the statutory contributions and donations like CPF, SINDA, CDAC, MBMF, SDL, etc.
- Automated GIRO: The payroll software takes care of online payment of the employee’s salary through Automated GIRO. It covers almost all the banks in Singapore.
- Centralized Database: The data captured by the web-based payroll software Singapore is stored in a centralized place on the web servers. It is protected using the security matrix and by controlling access to it through the use of User-names and Passwords.
- Employee Access: The employees of the business can use their User-names and Passwords to access the data on the web servers. They can check the leaves availability, fill and file forms and applications or communicate with the management of the company using SMSs and Emails.
- Performance Management: The payroll systems assist the management in performance management. It maintains data regarding progression planning, an employee’s previous positions & employment. It is useful in tracking an employee’s performance, training, retention programs, etc.
A payroll system Singapore is an essential tool for streamlining the payroll function of the businesses. It improves the efficiency and the productivity of small business. It takes all the payment related factors in consideration and produces accurate payroll for the companies. It takes the burden of the statutory compliance off the chest of Singapore employers and let them focus on the core goals of the business.
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