Why You Need a Payroll Management Software To Run Your Business
Payroll is the list of employees entitled to a certain pay from a business or company. It is a company’s employee’s financial records; the distribution of their paychecks. Managing payroll involves factoring out state payroll taxes and calculating employee earnings among other functions.
Manually generating payroll can be an uphill task for most Accounting and Human Resource (HR) departments of organizations. This essentially happens because payroll can differ from one pay period to the next. Factors such as sick leave, overtime and other variables may be the cause of difference in payrolls for various pay durations. What if this long and tedious process was made easy for you? What if I introduced you to a user-friendly payroll processing system?
Manual processing is tedious and prone to errors which can be catastrophic to the business. Data could also be lost.
Crew HR Payroll management software is committed to lift the burden off your shoulders. Crew HR has leveraged technology to facilitate payroll management processes. It automates payroll management tasks. It also defines and automatically includes all payroll codes and other mandatory deductions in the payroll.
Crew HR Payroll management consists of several stages and procedures that require expertise in financial administration, such as employment contract management. Payroll management includes the following tasks: Calculating and paying wages, settlement of tax withholdings, delivery of wage calculations and certificates to the employees, compiling statistics for different authorities, and for the purposes of improving activities, drawing up employment contracts, providing regulatory reports to the tax agencies and insurance companies, calculating annual holidays and managing deductions for employee benefits. The travel costs and travel invoices from the employees are usually processed together with payroll.
Crew’s payroll management solution pays employees with greater convenience, tracks the hours they work and provides digital payroll-related documents with innovative technology-enabled services required.
Our payroll is also integrated with timesheet module which allows the HR to reconcile time and attendance for each employee and post the total hours worked to the payroll for processing. If you want your company or business to stay tax compliant, easily conduct employees, leave management and generate employees pay slips, Crew HR software is your safest bet.
Other Advantages of using crew HR payroll includes;
- Employees Self Service Capabilities.
- Each employee will have their account and login from anywhere to view and download their pay slip.
- System can be accessed from any location with any device 24/7.
- The system allows generation of all required reports such us NHIF, NSSF, PAYE, P9 and other custom reports as per the law.
- The Software allows issuing of loans (Salary Loan Checkoff) and this is integrated with payroll for deduction every month.
- System is affordable and payment plan is based on the no of system users per month. (Pay as you go model). No hidden fees, no installation or complicated onboarding process.