Payroll software singapore |
The
small and mid-sized business owners in Singapore need to invest in a
payroll software Singapore. The employee salary, most often than not,
represents the biggest liability of the business. Singapore
employers, like all other employers, need to take special care of the
task.
Need
a Payroll Software?
However,
manual processing of payroll is not completely reliable, and that is
why many of the businesses are opting to use web-based payroll
software. This well-developed business software Singapore allows them
to exert a firm control over the task and bring the cost down. The
system also enables them in optimal use of the available human and
other resources which lead to enhanced efficiency and productivity of
the business.
Ensure
Your Compliance with Payroll System
An
online payroll software Singapore helps them in streamlining of the
payroll tasks. The payroll responsibilities for the small businesses
are not all that different from the ones for the larger businesses.
They have to follows the payroll related rules and regulations
propagated by the various Singapore authorities. They need to make
sure that the hiring of employees, payment cycle, employee
compensation, withholding of taxes, and statutory deductions and
donations are as per the prescribed laws.
Save
Resources with Singapore Payroll Software
An
integrated payroll software enables the employers in being compliant
with the Employment Act of Singapore. It dictates them to pay their
employees within the seven days from the end of their payment cycle.
The system capably handles the salary calculations for the weekly,
bi-weekly, or monthly payroll of the business.
The
payroll system considers hourly rates, employee benefits, grades,
allowances, and takes care of the statutory deductions from the
paychecks. It generates itemized pay slips for the benefits
employees. It prints their hard copies and emails their soft copies.
It, if necessary, also prints manual checks or makes online deposits
to the employees registered bank account.
A
web-based Singapore payroll software enables the employers in saving
time. It also assists them in putting a reliable structure in place
to fulfill the legal responsibilities that are invested in employers
by the authorities. With the software in place, there is no
last-minute rush for the HR staff, no mistakes in the calculations of
the salaries or a fatigued payroll executive at the end of the task.
The
payroll software Singapore successfully automates the labor-intensive
part of the process, comes up with accurate results, and remains at
the instant call, only a few mouse clicks away. It assists businesses
in taking care of the following tasks.
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Streamline
Tasks with Singapore Payroll Software
- Employee Management
- Master Setup Management
- Company Management
- Banking Compliant – Automated GIRO for almost all Major Banks
- Compliant with the regulations issued by CPF Board, IRAS, Ministry of Manpower
- Leaves Management
- Attendance & Timesheet Management
- Claims Management
- Progression Planning
- Enquiry Management
- Email and SMS Management
- Real-time Reports and Dashboards
- Schedule Management
- Tracking
- Bio-metric (Finger Scan) Attendance support
- Billing & Invoice Management
- Itemized Pay slip
- Multiple Company Setups & Document Upload
- Connectivity with Accounting Software like MYOB, Quick Books, etc
- Experienced 24X7 customer service
Data
Security
The
users do not need any specialized knowledge to use the web-based
Singapore payroll software. Even, those with basic knowledge of
computers and internet can shift to it easily. The software severs
them with the intuitive user-interfaces. It saves the captured data
to a central data storage located on the web servers.
The
users can access the business’ financial or employee related data
as per their access privileges at any time and from anywhere. They
only have to access payroll system using the internet browser
installed on their device like desktop, laptop, tablet or a
smartphone. The access privileges are governed by the Security
Matrix, and only authorized users are allowed to see the data on the
need to know basis.
The
best way for a business of acquiring an innovative payroll software
Singapore is to first fix its own requirements. It is an important
step as businesses may have special requirements needing the
customization of the off-the-shelf product. Go for the feature-rich
payroll software by a known and reputed manufacturer.
Contact Info
SBS Consulting Pte. Ltd.
Visit: http://www.summittech.com.sg/
High Street Centre,
#17-02, 1 North Bridge Road,
Singapore - 179094
Tel: (65) 6536 0036
Email: info@summittech.com.sg
SBS Consulting Pte. Ltd.
Visit: http://www.summittech.com.sg/
High Street Centre,
#17-02, 1 North Bridge Road,
Singapore - 179094
Tel: (65) 6536 0036
Email: info@summittech.com.sg
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