Payroll staffs spend countless hours collecting data from various departments even before a payment is processed. Employee compensation, new hires, retirements, and terminations are all shared with the HR department. Ad-Hoc payments, such as bonuses, are contributed by the finance team. You also have to get information on employee attendance and LOP information for accurate payroll calculation from the leave and attendance management system. Employees also have to submit data, such as bills for reimbursement claims and tax records. That isn't even taking into account the numerous tax and payroll regulations. It takes a lot of rushing around to have all of this data on time, month after month, and if you're a small business owner trying to do everything on your own, it's exhausting.
Employee onboarding, payroll processing, employee self-service portal, and statutory compliance are all available through Zoho Payroll Management Software's cloud-based payroll services. It can handle all of your payroll tasks in a seamless manner. Zoho Payroll is a cloud-based payroll management system that calculates salaries, taxes, and deductions automatically send monthly payslips, and handles all other payroll tasks. It also allows your employees to access their payslips and other information via a dedicated online self-service portal, which can be accessed via a web browser or via our iOS or Android apps.
The Zoho Payroll Management Software has a number of unique features that businesses will appreciate:
- Employee onboarding
- Payroll Processing
- Secured Employee Self Service Portal
- Automatic Compliance and reporting
- Integrations
To manage the people on your payroll, Zoho Payroll Management software works in tandem with Zoho People, an online HRMS solution. HRMS, payroll and accounting are now all housed under one roof. Your teams can now collaborate more effectively, increase productivity, and complete more tasks in less time. To know more about the software, visit www.buildhr.co.in