Home / Blog / Top 5 Benefits of a Cloud Payroll Software

Top 5 Benefits of a Cloud Payroll Software

8 min read

Payroll Software Has Been One Of The Many Additions To Cloud Technology In The HR Space.

The payroll department is not just a processing function which only ensures employees get their salaries on time, it is way beyond that. The payroll department and the way it functions plays a vital role in protecting the company’s reputation by ensuring compliance with various legislations. We all know HR has now moved into becoming a core business function, rather than just a separate function that deals with certain activities within an organization. At the same time, the fundamental components of an organizational functioning continue to remain the same, especially in the Indian context. One such example is payroll, which continues to and will remain an integral part of all organisations.

A manual approach to taking up the payroll function can be daunting. However, the age that we live in has given us access to a number of technologies that make our lives easier. There are a variety of payroll software in the market that empower the finance department to take care of their duties in a hassle free manner, without the need for any prior technical knowledge. Keka has been a pioneer in this field that has made the payroll process for a lot of companies hassle free.

As organizations battle to find and retain great talent, the payroll software that they deploy can determine their engagement levels to a great extent. In this blog, we have charted out the top 5 benefits that any organization invariably enjoys with a cloud payroll software.

1. Accurate And Timely Payments

The latest on HR is talking about how the human element is going to become a major part of HR strategies. Ensuring a fruitful employee experience is what serves as a top priority for most agendas in business rooms today. Payroll has a huge impact on the morale of the employees as it is one way to assure that employees remain confident that their pay is going to be credited on time. A late, inaccurate or faulty payroll has the potential to disrupt the peace of mind among employees, leading them to lose faith in the financial stability and commitment of the organizations they work with. With such doubts hovering around the minds of employees, the entire work culture might get affected negatively making employees feel disengaged and frustrated – which will make employees unproductive and ultimately affect organizations hugely.

RELATED POST: 44% of Employees Paid Late in Latest Global Payroll Survey

2. Higher Employee Engagement

A payroll plays the critical role of allowing an employee to feel his/her net worth within an organization as it not only mentions the salary, but also total compensation that includes bonuses, reimbursements, benefits and tax related information incorporated into the payroll. Performance evaluations reward employees with a change in this compensation structure usually with a fat bonus or a salary increase, or both. Such monetary rewards motivate and inspire employees to do much more and contribute their best. An effective payroll software can bring all of this under one umbrella, leading to better management.

3. Ensures Trust

An efficient payroll system can help organisations build a level of trust among employees by ensuring an effective deployment of activities on time that adheres to the country’s tax obligations and complies with employment legislations. The efficiency of understanding the complicated tax structures, obligations and upholding of legislative laws in a seamless and proficient manner can help organisations build their reputation in the minds of employees as stable, professional and as a result, extremely efficient. Along with this, the data that goes inside such a system is highly confidential which is why the issue of security becomes most important. With such critical processes being set in place, it will help enterprises attract and retain the right pool of talent to the organisation.

Related: 5 Simple Steps to Revolutionize Your Current Payroll Process

4. Customised Solutions

When employees are paid correctly, they feel much more valued and engaged. There are employees who join anywhere in the middle of the month. For such a situation, organizations need to have a system that takes count of this automatically so that there are no rooms for error in processing the right payment for the right number of days. Any error on this part might end up making the employee feel that they have not been compensated accurately, or in some cases make them feel as of “less value.” This can be very disheartening and payroll departments that take care of such minute details are sure to win employee hearts all the way.

5. Allows For Greater Transparency

The most important tenet in order to ensure a great employee experience is transparency. It is not longer just about the overview that employees want to know of. Employees today want details of each and every variable that may be impacting their pay. Issues like overtime or taxation limits need to be included in detail in the compensation structures for employees to take heed of whenever they wish to. All levels of opacity need to be done away with as only then will employees t able to have full faith in the organisations that they work for, which will positively impact their productivity levels. Choose a payroll software that empowers your employees to have access to their critical information at the touch of a button.


Long story short, the payroll department needs to be taken more seriously as it can give employees a bird’s eye view of the culture, branding, level of professionalism and financial stability of a company. In the current business world, culture matters more than ever. As such, the more streamlined these processes become, the better it is for organisations in the long run. Payroll should not be a pain for either the finance department or the rest of the employees. Companies need to start investing in cloud payroll software that not only automates the entire process, but is also safe and secure and makes the payroll experience a non tedious task for the finance team every month.

Table of Contents

    Meet the author

    Keka Editorial Team

    A bunch of inspired, creative and ambitious youngsters- that’s Keka’s editorial team for you. We have a thirst to learn new subjects and curate diverse pieces for our readers. Our deep understanding and knowledge of Human Resources has enabled us to answer almost every question pertaining to this department. If not seen finding ways to simplify the HR world, they can be found striking conversations with anyone and everyone , petting dogs, obsessing over gadgets, or baking cakes.

    Email

    Thank you for Subscribing!

    Related articles

    HR Payroll software buyers guide
    Choose the best HR & Payroll software for your business in India – A buyer’s guide
    Keka Editorial Team 7 min read

    Picking the right HR Payroll software is very difficult This article will help you in your decisionmaking process The estimated count of SMEs in India is million and with Indias Make in India push this number will increase exponentially in near future The Covid pandemic has brought a huge change

    5 Biggest Challenges of Manual Payroll Enterprises Face
    5 Biggest Challenges of Manual Payroll Enterprises Face
    Keka Editorial Team 6 min read

    Payroll Is One Of The Most Crucial And Critical Functions Of Any Company One thing common to all organizations irrespective of size or business Payroll And we know it can be a pain to HR and Finance teams in enterprises It requires a lot of work time and dedicated effort to make payroll a succ

    Choose Payroll Software India
    How To Choose The Best Payroll Software In India
    Keka Editorial Team 7 min read

    Indian Payroll Is Complex Payroll is also an essential function in any business which is why it critical that it gets executed with the least amount of error It takes away a lot of time for HR and finance teams of small and medium enterprises in India to be able to process payroll every month

    Keka Best Payroll Award
    Keka Wins Best Payroll Software Award
    Keka Editorial Team 2 min read

    Keka Just Won Its th Award Since Inception In And This Time It Is Best Payroll Software In India Awarded By World HRD Congress   In a grand award ceremony that took place yesterday at Taj Lands End hotel in Mumbai and in presence of many dignitaries and senior HR leaders from acr

    Benefit Payroll Software
    Payroll software: Benefits of using payroll software
    Keka Editorial Team 3 min read

    There Are InNumerous Benefits Of Using Payroll Software For Your Business 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 Helps You Make The C

    cookie image

    By clicking “Accept", you consent to our website's use of cookies to give you the most relevant experience by remembering your preferences and repeat visits. You may visit “privacy policy” to know more about cookies we use.