Monday, May 15, 2017

Get Secure and Accurate Payroll Software Singapore

payroll software singapore
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.

Don’t Miss: Upgrade To a Next Generation School Management System


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 

Monday, May 8, 2017

Implementation of Payroll Software Singapore Can Do Wonders for You

Is a web-based payroll software Singapore of any use to the SME owners?
Yes, it is useful business software Singapore!
An online payroll software Singapore can assist Small and Medium Enterprises (SMEs) in optimizing each of their employee’s productivity. 

Adopt Online Payroll System & Optimize Performance
If you are still doing your payroll manually rather than using a payroll system for the task, then, you are missing on a great opportunity. Right now, the Singapore government is doing all it can to improve office/workplace productivity.

The Singaporean authorities are urging the business owners to use technology and machines for optimizing the performance. Moreover, they are supporting the move with the funding and grants in order to compensate the interested businesses. It opens a grand opportunity for SMEs to invest in a business software Singapore like payroll software Singapore.

Implementation-of-Payroll-Software-Singapore
Payroll Software Singapore
Discharge Your Liability with Singapore Payroll Software 

The Employment Act of Singapore mandates companies, under its jurisdiction, to pay the employees within the seven days from the end of a pay cycle. The aim is to make the employer discharge the liability of the business as early as possible. The task is easy to handle with a payroll software.

However, manual payroll processing is a complicated and time-consuming task. It leeches on the core goals of the business for valuable resources and steals away the time, attention of qualified employees, and money, making the business suffer. A small business having limited resources cannot afford it. The implementation of an online Singapore payroll software successfully eliminates the disturbance in the workflow.

Streamline the Payroll Processing

The web-based payroll software Singapore automates and streamlines the internal payroll process of the business. Moreover, it lets the employees of the business maintain their focus on the core goals of selling products and services and generate profits which are vital for the growth and survival of the business. 

The small business owners need to pay their complete attention to the needs of the business. Anyone not trusting the task to an online Singapore payroll software has the chance of getting tangled with the task. It unnecessarily divides their attention. It also makes them prone to the stress of complying with the statutory responsibilities entrusted to them by the various authorities. Paying employees of the business accurately is not an easy task. There are numerous payroll factors to consider. 

Manage Deductions and Donations with Payroll System

The processing of payroll manually means spending many hours. It also means keeping up-to-date with the current payroll laws and rules. It also demands consideration of payroll components statutory deductions and donations like employer CPF, employee CPF, CDAC / SINDA / MBMF / ECF / SDL/ Community Chest, taxes, leaves, hourly rates, employee benefits, etc. On the other hand, it is a piece of cake for the owners using web-based payroll system.

The authorities update the payroll related rules and regulations as and when required. It makes it tough for the business owners to remain updated. The manufacturer of their online payroll system updates their software after each change. They effect the changes on the web servers where the software is installed.

Be Compliant with Latest Singapore Payroll Software

From the user’s point-of-view it is a trouble-free transition. Most of them remain unaware of it, but, they do get to use the latest version of the Singapore payroll software that ensures their compliance. The process is beautifully tailored, and they do not have to play any part in it.

The process of upgradation of a web-based payroll software Singapore is not like that of a desktop based software. There are no software patches to download from the internet or wait for the manufacturer to make them available on a CD or DVD and then, struggle with the installation.

School Management software  
 
Features & Modules of the Best Singapore Payroll Software

Anyone wanting a business software Singapore like Singapore payroll software to improve the efficiency and the productivity of the business should choose carefully. A software rich in modules and features is a godsend. Following are a few features and modules that they must look for while researching payroll system.
  • 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
It is important to note that the use of Excel spreadsheets in the manual payroll processing can land you in the problem. There is always a possibility that the formulas can be tampered with. On the other hand, the business owners and HR professionals using them may also forget to update them leading to a breach of compliance. A progressive business owner can decide to implement a web-based payroll software Singapore and avoid all sorts of payroll troubles that could tarnish the image of the business and sour their relationship with the employees.

Contact Info: SBS Consulting Pte. Ltd. 
High Street Centre, 
#17-02, 1 North Bridge Road, 
Singapore - 179094 
Tel: (65) 6536 0036 
Email: info@summittech.com.sg

Wednesday, April 26, 2017

Get Payroll Software Singapore to Trump Your Statutory Compliance

Do the businesses need to implement a web-based payroll software Singapore?
Well, it is a point of debate for the startup and small business owners. On the one hand, they have to pay their employees on time so as to be compatible with the statutory compliance and on the contrary, they do not want their payroll processing to be a costly affair. Many of them resist using payroll software Singapore and prefer to do the task manually.

Using Payroll System Software to Cope with Changing Rules

Here is a reason why business in Singapore needs to invest in a payroll software. The laws and rules related to the payroll get updated now and then. If it goes unnoticed by the concerned person, it could jeopardize the businesses compliance. May by you have heard it that the Ministry of Manpower (MOM) has updated the duration of Paternity Leaves for the working father.

payroll software singapore

Will be difficult for a small business to accommodate the change especially if it is not using an online payroll software Singapore for the task?

Let’s see!

Now, the father of a Singaporean baby born on or after Jan 1, 2017, will get two weeks of leave. The provision is that the father should have worked for the employer for a continuous period of at least three months. The government will bear the cost of one week leave capped at S$2,500 including CPF contribution.

The working mothers will also get four weeks of paid maternity leave and even, the adoptive mothers will get 12 weeks of paid leave. Doesn’t it mean a lot of calculations for the small business owners who believe in Do-It-Yourself payroll? It would rather be prudent to use an online Singapore payroll software to automate the process, wouldn’t it?

Are you a Do-It-Yourself Small Business Owner?

The manufacturers of the web-based payroll system Singapore update their product whenever authorities come out with the payroll related rules and regulations. It lends a certain kind of simplicity to the use of a module-rich online payroll system. The software is updated on the web servers where remains installed. The users of the payroll system Singapore do not have to grapple with the software patches or updates to install them on their devices. It can be accessed from all over the world at any time.

Moreover, a web-based payroll software system can be accessed using different devices like a desktop, laptop, tablets and smart phones. The users of the software can access the resources on the web servers thorough the web browsers that are present in such devices.

Basic Features & Modules One Should Look in a Payroll System

A payroll system software that is rich in features can ease the following tasks for the Singapore businesses.
  • Employee Management
  • Master Setup Management
  • Company Management
  • Payroll Management
  • 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

The manual processing of payroll is a lengthy and energy-draining task. The payroll executive needs to consider a number of components during the process. There are statutory contributions and deductions, mandated by the law of the land, and the calculation of employee benefits, bonus, hourly rates, leaves, holidays, overtime, taxes, loans to take into account. The lack of attention or fatigue on the part of payroll executive or the HR staff can generate inaccurate employee salaries. A business can simplify the task by merely adopting an online Singapore payroll software

The web-based pPayroll system software is user-friendly. They are easy to get used to, and even those with basic computer skills can use them easily. However, locating a payroll system for your use is a decision that needs to be taken carefully.

Take a deep look at the proprietary payroll software systems available in the market and also research on the internet locate the one that will match your needs. Shortlist a few of payroll software and discuss your particular requirements with their manufacturers to get your needs squared. The software developers working for them are fully geared to customize their off-the-shelf payroll software Singapore to improve your staff’s efficiency and productivity.  

Contact Info  
SBS Consulting Pte Ltd  
High Street Centre, 
#17-02, 1 North Bridge Road,
 Singapore - 179094  
Tel: (65) 6536 0036  
Email: info@summittech.com.sg 


 Originally Posted: http://bit.ly/2phoB5B

Tuesday, April 25, 2017

How is Payroll System Singapore Helping Business Enhance its Performance?

Running a business is like riding a roller coaster. It is not an easy task unless you cope up with the technology. There are numerous things which must be maintained in a seamless manner. One of the tedious tasks for the employer is to maintain timely and accurate data of all employees, their salaries and tax compliance. Nevertheless, use of a good payroll system Singapore could make the task less burdensome. 

Why is Payroll Important for Every Organization? 

Despite being a non-core activity, payroll task must be done with utmost care as it has a great impact on the employees of an organization. When an employer disburses salaries on time, it boosts the morale of the employees; they feel motivated to work with dedication and zeal. It indeed helps to increase the productivity. However, the task of payroll processing can be time-consuming and prone to error if you opt for manual method. 

sbs payroll system singapore

This is where the online payroll software proves to be very helpful and efficient. It simplifies the mundane and complex task of counting employee’s salaries and other variables such as allowance, benefits, bonuses, etc. A payroll software automates the task, and everything can be done in just a few clicks of the mouse. 

A web-based payroll management system can be a very effective, fast, convenient and affordable solution if implemented carefully. Make sure to buy the product from a reputed vendor and also, consider below mentioned factors while selecting the final product. 

Excellent support and customer care service
Integration with accounting software and bio-metric finger scan
Secured database or back system
Report generation feature
User-friendliness, simple-to-use feature
On-demand demo

How Payroll Software Helps Business Increase Efficiency?

Following are the reasons why online software can be a win-win situation for an organization. 

Enhance Efficiency: 

When you use a good payroll software, it will streamline the activities. You would be freed up from the payroll processing task and can concentrate more on productive activities. The resource of the organization could be well optimized to increase the productivity. Moreover, payroll activities are done perfectly, ensuring timely salaries to the employees. It ensures 100% accuracy of the payroll data. 

It saves Time: 

It just takes a fraction of the time you earlier invested in doing payroll manually. Automation leads to the fast and prompt calculation of salaries of the employees. There is very less or no room for mistakes. But, in the manual method, it may take many days to do the same task. Also, chances of having errors in the manual calculation are very high. 

Compliance with Law:

Complying with applicable tax law would be easy if you keep the system updated with on-going statutes. It is challenging for a novice person to follow the latest tax tables while calculating the tax liabilities, but the same person can easily do the job with the help of the software (where automated tax table has been implemented). 

Motivates Employees

Employees of an organization feel motivated and encouraged to work more efficiently when they are being rewarded with remuneration on time. Miscalculations of salary or delayed salaries can make the employee lose faith in the management of the organization. Thus, it is necessary to provide the right amount of amount salaries on time. 

What are the Characteristics of a Good Payroll System Singapore? 

Today’s market is filled with plenty of payroll software making the task of selecting a good software quite challenging for the users. It is advisable to every user to take few factors into consideration to make the selection process easy and convenient.
Web-based software is better than traditional system-based software.
The interface should be user-friendly and easy-to-comprehend.
A wide selection of modules has to be there.
The system must be customizable as per the user’s requirement.
Integration with accounting software.
It must be accessible 24*7.
The software can be used in any device such as the computer, laptop, tablet, smart-phone. 

Modules of Payroll System Singapore

Also, ensure to consider below listed important modules while selecting the payroll system Singapore for your company.
Employee Management
Master Setup Management
Company Management
Payroll Management
Leaves Management
Time Attendance: Roster & Time-sheet Management
Claims Management
Progression Planning
Reports and Enquiry Management
Email Management
SMS Management
Reports and Dash Boards
Schedule Management
Tracking
Reporting
Bio-metric (Finger Scan) Attendance support
Billing & Invoice Management

Installing an online payroll software solution in place is one of the best decisions that an organization can ever make to simplify the workflow. However, you must choose the right and best software to keep the employees happy. As you know how employee’s morale help the business productivity to grow, it makes sense to invest in a good payroll software in this competitive world. 

Media Contact:  
High Street Centre, 
#17-02, 1 North Bridge Road, 
Singapore - 179094
Tel: (65) 6536 0036 

Wednesday, April 12, 2017

Payroll System Singapore: Tool for Businesses for Their Compliance

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.

Payroll System Singapore

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.

Benefits of Using Payroll Software System
Payroll system singapore
  • 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.

Friday, March 24, 2017

Singapore Payroll Software is an Essential Tool for Businesses

Why should Singapore employers prefer payroll software Singapore?
The payroll processing is a tough task for any Singaporean business irrespective of its size and industry. It is a statutory responsibility that the business has to discharge within the time-frame prescribed by the authorities.


However, doing the payroll manually takes time and needs an investment of valuable resources. The progressive employers tip the scale in their favor by automating it by implementing a web-based payroll software Singapore. It allows them to take care of a non-core task of the business in a professional way. The payroll system enables the Singapore companies to protect their brand name and goodwill and maintain a functional relationship with their employees. 

An online Singapore payroll software enables the small business owners to carry on their business activities without having to worry over the discharging of their liability towards their employees. The Employment Act of Singapore dictates that the employers should pay their employees within the seven days of the end of their pay cycle. However, the task is a complex one as there are various payroll factors that need to be considered to accomplish the task accurately.

Yes!!! It is true that using a web-based payroll system a company can automate its payroll function. That is why carefully choosing a payroll software that will provide for all the compliance related needs of the business is a major step towards taking care of the payroll.

Singapore Payroll Software

Choosing Payroll System for a Small Business

The payroll processing is not a big deal for the big companies as they have assets to call on for the setting of an independent unit to address the problem. However, it is not the case with the small businesses. They have to make do in with the resources they have at their disposal.

An online payroll software Singapore rich in modules is a perfect solution for them. And, it is more true for the entrepreneurs that along with their handful of employees multitask to promote their businesses. These entities should choose a payroll software that will assist them in taking care of the following tasks.
  • Employee Management
  • Master Setup Management
  • Company Management
  • Payroll Management
  • Leaves Management
  • Attendance & Time-sheet Management
  • Claims Management
  • Progression Planning
  • Reports and Enquiry Management
  • Email and SMS Management
  • Reports and Dash Boards
  • Schedule Management
  • Tracking
  • Reporting
  • Bio-metric (Finger Scan) Attendance support
  • Billing & Invoice Management
Key Features of a Web-Based Payroll Software

Before committing to a payroll software Singapore of your choice, it is necessary to judge whether you have the need for any special functionality. The software developing companies offer flexible solutions and are ready to customize their software to fulfill the client's specific need. Following are a few basic features that your chosen payroll system must provide.
  • Management of Employees, Company & Master Setup
  • Bio-metric finger scanners for Attendance & Time-Sheet
  • Itemized Payslip
  • Leave Management
  • Multiple Company Setups & Document Upload
  • Progression Planning
  • Claims Management
  • Billing and Invoice Management
  • Connectivity with Accounting Software like MYOB, QuickBooks, etc
  • Offers enhanced communication with Emails and SMSs
  • Real-time Reports and Dashboards
  • Experienced 24X7 customer service
Solve Your Worries with a Singapore Payroll Software

The important benefit of using web-based payroll software Singapore is that the HR staff or the individual performing the task do not have to worry about the changes in the rules related to payroll. The authorities change these regulations from time to time. They may affect individual income tax rates, statutory contributions and donations like CPF, CDAC, SINDA, ECF, MBMF, etc., employee allowance, etc.

The manufacturers of the online Singapore payroll software updates their software to accommodate the changes in the rules. The software is installed on the web servers, and this is where it is changed without affecting its users. They do not have to download any software patches or install any new versions on their devices.

Using a web-based payroll software Singapore is an easily achieved thing as all the user have to do is to open their internet browser and access the system. They can do so from their smartphones, tablets, laptops or desktops at any time and from anywhere. Using the handheld devices they can access the system On-the-Go which an advantage over the desktop-bound payroll systems.

Tel: (65) 6536 0036
Email: info@summittech.com.sg

Wednesday, March 8, 2017

Upgrade Your Payroll with Singapore Payroll Software

As a small business owner in Singapore, you cannot underestimate the benefits of Singapore payroll software. You may have noticed that the end of pay cycle brings considerable amount of stress to your HR staff if you make them do the payroll opeartions manually.

The solution to the problem is simple. You need to invest in a web-based Singapore payroll software. A payroll system offering a variety of modules can raise the morale of your HR staff significantly. Implementation of an online payroll system leads to the automation of the payroll process.


Take Care of Non-Core Task, Raise Efficiency & Productivity
The automation of the in-house HR processes using the online Singapore payroll software inevitably leads to the optimum use of the skilled resources. It is also instrumental in driving the efficiency and the productivity of the concern up. For a Singapore company entirely focused on being a competitive entity, these undeniably are the must have benefits.

Every business owner has to prioritize the allocation of resources to the business' essential, but, non-core and core tasks. The payroll is a non-core function of the firm. Doing it accurately does not bring the company any revenue or profit. However, it is a statutory responsibility and a way of discharging the business' liability.

Be Compliant
A web-based payroll system brings sophistication to how you carry out your payroll processing. These software tools are updated whenever the authorities bring changes to the payroll-related rules and regulations.

This enables the users of an online payroll system to be accurate in their payroll processing without having to keep track of the changes. The use of a payroll software is essential for the satisfactory compliance with the mandate put out by the governing authorities.

HR & Payroll System to Streamline Your In-House Processes

If you are trying to locate a Singapore payroll software, you should look for a tool that integrates a number of modules. The emphasis should be on the ease of automating and streamlining of as many HR related in-house processes as possible. Your choice should offer you the liberty of taking care of at least following tasks.

  • Employee Management
  • Master Setup Management
  • Company Management
  • Payroll Management
  • Leaves Management
  • Attendance & Timesheet Management
  • Claims Management
  • Progression Planning
  • Reports and Enquiry Management
  • Email and SMS Management
  • Reports and Dash Boards
  • Schedule Management
  • Tracking
  • Reporting
  • Bio-metric (Finger Scan ) Attendance support
  • Billing & Invoice Management

Prefer Web-based Payroll Software Over Manual Processing

It is not easy to arrive at an accurate salary for an employee without using a reliable payroll software. The manual payroll processing is a painstaking process which needs lots of mental focus and takes a huge amount of time. That is why implementing an online Singapore payroll software and automating the process is the best solution

Statutory Contributions and Donations
The payroll executive has to consider a lot of factors during payroll processing. The individual needs to take into account statutory contributions and donations like CPF contributions and different levies, incentive, public holidays, leaves, insurance, medical benefits, loans, employee benefits, and taxes that apply to the employee. The accuracy of result also depends on the considered employee hours.

Recording Employee Attendance and Hours
The state-of-the-art HR & payroll software Singapore automates the attendance taking. It uses bio-metric finger scanners to record the employee attendance and time-sheet. The data is stored in the database & is readily available with a few mouse clicks.

Itemized Payslips and Paychecks
The payroll software assists the HR staff in coming up with the itemized payslips as per the requirements of law. The system also facilitates the printing of the paychecks for the employees and transfer the salary to an employee's registered bank account. It also sends SMS and email alerts to let the employees know about the deposition of salary into their accounts.

A well-developed Singapore payroll software facilitates progression planning, inquiry management, scheduling, reports, etc. It also simplifies communication between the management and employees by providing a module for SMS & Email management. It allows the employees to put their claims and problems in front of the management without having to meet the concerned official in person. The payroll system also allows them to log in using their User Names and Passwords and access resources on it.

Contct Us:
 
SBS Consulting Pte Ltd
High Street Centre,
#17-02, 1 North Bridge Road,
Singapore - 179094
Tel: (65) 6536 0036
Email: info@summittech.com.sg