Is a state-of-the-art payroll software of any real use to the SMEs? Will it be a fruitful investment for them?
Today, even a small company can harness the power of advanced technologies. It is especially true in the case of business software Singapore like payroll software. There was a time when everything related to computers needed tons of money. It was a disabling factor for many.
Payroll Software is Affordable to Small Businesses in Singapore
Now, things have changed. The advances in and the spread of technologies have put almost every latest change within reach of small business owners. The software manufacturers have come up with tools Payroll system that helps businesses in multiplying their efficiency, productivity and Returns on Investment (ROI). Isn’t it what you want to achieve?
The spread of internet has allowed the SMEs to compete on the level that traditionally, was out of their reach. With the opportunity comes the need to shipshape their in-house tasks like payroll processing. This is where a web-based Singapore payroll software comes to their aid. The system is useful in automating & streamlining the payroll function effortlessly.
Selecting the Right Payroll System
Some business owners choose accounting software that in addition, allows them to manage payroll and other tasks. However, many prefer to invest in a payroll software Singapore that are specially designed to address the payroll needs of the business in total. It is a tricky decision to make. However, it is better to err on the right side!
Selecting a comprehensive web-based payroll system is not as easy as it sounds. It is not like choosing an operating system for your computer. You need to do a proper research on the internet. You may have to go through features and modules of numerous software that are promoted online before you could shortlist a handful.
Features of Payroll Software Singapore
Following is a list that may help you in achieving the task effectively. It lists what the online payroll software by SBS Consulting Pte Ltd offers to its users. You can use it as a reference to find a tool that will satisfy your needs.
- 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, QuickBooks, etc
- Experienced 24X7 customer service
Payroll Software Singapore for Groups of Companies
Your choice of payroll software Singapore will also depend on how your company is managed. You will need to choose the right software if it is one of the groups of companies managed by an umbrella organization. Such entities prefer to use software that allows them to store and control all their information (company setup, documents, Photos, NRIC) from a single location. It tremendously simplifies the administrative work for them.
The decision makers get to evaluate and base their decisions on various reports and live dashboard reports without having dig for the data related to each company at different places. Even those in charge of a solitary company can use such data efficiently.
24X7 On-the-Go Access
For every Singapore business looking to enhance its prospects by using a business software Singapore, it is necessary to invest in a powerful and module-rich Singapore payroll software. A large number of companies prefer web-based software as they can be accessed from anywhere and on the 24X7 basis. These systems are the cost-effective, maintenance-free, and totally pro user tools.
In fact, today’s online payroll software allows the users on-the-go access to its functionality using laptops, tablets, and smartphones. Naturally, the users can also access it using desktops over the internet connection. It allows the small business owners to use their time appropriately and fulfill their statutory compliance on time.
SBS Consulting Pte. Ltd.
High Street Centre,
#17-02, 1 North Bridge Road,
Singapore - 179094
Tel: (65) 6536 0036
Email: info@summittech.com.sg
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