Are you looking for a business software Singapore like payroll software Singapore to automate your payroll processing?
The web-based payroll software Singapore makes it easy for you to discharge your payroll responsibilities. Paying salaries of employees on time is considered as the prime responsibility under the Employment Act of Singapore. It says that they must be prompt about it and should pay the employees within a week of the end of the payment cycle.
Payroll Software Covers All the Singapore Payroll Components
Many businesses have their payroll as the biggest liability. However, the processing is easier said than done. It has so many components that doing it manually is getting difficult for the businesses with high headcounts. It is a lengthy task better left in the care of an integrated payroll software specially designed for the Singapore employers.
The startup and small business owners, for various reasons, try to do their payroll on their own. However, even basic payroll software Singapore can outdo their efforts easily. On the other hand, a fully integrated payroll system can simplify their life to a great extent. At the time of manual salary calculation, the business owner, HR or payroll executives needs to pay attention to various components.
The list of payroll factors is a big one and includes, overtime pay, allowances, deductions, monthly variable component, method, frequency, rate type, pay rate, employee grade, etc. They also need to factor in statutory deductions and levies of different types like CPF, CDAC, SINDA, MBMF, ECF, FWL, SDL, etc.
Know, What an Online Payroll System Can Automate for YOU
However, the manual payroll processing turns out to be repetitive and prone to human mistakes. The mistakes can prove to be harmful to company’s good will and its relationship with employees. The web-based Singapore payroll software is a great way out of the difficulty for the businesses in Singapore. An online system can help them in taking care of the following tasks.
- Employee Management
- Master Setup Management
- Company Management
- Banking Compliant - Automated GIRO for almost all Major Banks
- Compliant with regulations issued by CPF Board, IRAS, MOM
- 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
- Experienced 24X7 customer service
Perfect Online Payroll Software Singapore for Small Businesses
Singapore Payroll Software Records Reliable Attendance Data
The business software Singapore like payroll software assists the management in improving the efficiency and productivity of their business. The system automates various in-house processes. Recording and maintenance of records of the attendance and timesheet is an important task in any workplace. The accuracy of the data matters in the calculation of exact employee salary.
The web-based payroll system uses biometric finger scanners to record attendance and time tracking, an employee in and out time-related data. There is no need for you to assign a human resource to supervise the task. The data collected is reliable to the seconds as the system cannot be duped into accepting buddy punching. Moreover, the system consumes the data as a live feed and reduces the workload of the HR staff. The exact data provided by the system is useful in accurately calculating an employee’s salary.
Focus on Your Core Tasks with Payroll Software Singapore
The implementation of a Singapore payroll software allows the business in avoiding its employees in getting snowed under work. The streamlining of the in-house low-level administrative tasks reduces a considerable amount of non-core tasks for its staff. It allows them to focus on the core tasks of the business. Such a team acts as a motivated and reliable force in propagating its products and services.
For the startup and small business owners in Singapore, it makes sense to use a module-rich payroll software Singapore. It is especially useful if they are already multitasking to get their work done and cannot spare any time to discharge their payroll responsibility.
Moreover, it is an activity that generates no revenue for the business.
Contact Info
High Street Centre,
#17-02, 1 North Bridge Road,
Singapore - 179094
Tel: (65) 6536 0036
Email: info@summittech.com.sg
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