However, you should choose the right system which suits your needs and provides good customer support. Following is top list of benefits in no particular order.
Benefits of using Payroll Software
1. Helps you make the correct payment
Payroll encompasses more than ensuring that your employees get paid. It will help you by notifying you when these tax updates arrive. Payroll takes away the pain associated with defining and optimizing the salary structures.
2. Generate payslips
Using a Premium payroll software allows you to quickly and easily generate payslips with different templates for all your work- force with the statutory minimum amount of information included.
3. Added Security
By managing payroll in-house with payroll software, the organization removes the uncertainty that comes with the sending of private information of an employee to a third party
4. Saves more time and money
It takes more time and resources for an organization to manage its own payroll, when compared to payroll outsourcing. payroll software helps to speed every aspect of the payroll process with a range of automated features.
5. Less Mistakes
Often more mistakes are made when you manage aspects of payroll manually. With an automated payroll system you’ll have a peace of mind knowing that you’re compliant.
6. Multiple User Access
Good payroll software allows You can invite your accountant or bookkeeper into your payroll system to help you manage it from anywhere in the world and from any machine.
7. Cloud based payroll
All your data could be lost if your computer clashes, with the cloud based payroll software all your employee information is safely stored on cloud without any fear of losing the data.
Keka has all the above mentioned benefits and is considered as the most desired HR and payroll software available in India which is employee centric. You can perform all the HR activities from on-boarding to exit effortlessly using Keka HRMS.