Often the reason businesses don’t change their payroll service provider is a reluctance to dedicate the time to find the perfect vendor, so we’ve prepared the top 5 payroll software functions to consider, simplifying the process as much as possible.
1: Employee Self-Setup
In the current era of smartphones & instant access to data, sending paper forms to new starters isn’t an efficient use of time. First, there’s the wait for them to complete the form and return, then there’s the filing of the forms, and some are bound to be illegible, too. An essential in today’s world is employee self-setup. An employee is given access so that they can then complete their tax file declaration, bank details, superannuation and personal contact information online. Self-set-up saves you all the hassle and gives you back the time to focus on what is important.
2: Easy-to-Use App
The ability to book and manage leave, submit timesheets and your workforce, who nowadays are keen to work for forward-thinking, progressive organisations who move with the times, see being able to upload receipts for expense claims through your smartphone as a big bonus.
3: Integrations
Your payroll journey should be as seamless as possible.Integrating with other software used within your business, such as your financial systems, should be high on your list of requirements. Software that connects to the ATO via an API is a great advantage. As a bonus, consider choosing a software provider who also connects to super clearing houses for seamless superannuation processing.
4: Latest Technology
Gone are the days of paper time sheets & manual clocking in. A necessity in today’s market is harnessing the growth of technology and implementing it within your business. Through a software we use, your staff clock in using an iPad which takes a photo of the employee, safeguarding against potential time theft, or in extreme cases, the employee not being at work. We can also offer biometric clocks which scan fingerprints for clocking in.
5: Scheduled Reporting
Being able to ‘set & forget’ custom reports to be delivered to you weekly, monthly or whenever you please is a great way to stay on top of your payroll function while avoiding unwanted oversights.
What next?
The software that we use offers all of the above, and our service is paramount to what we do and unrivaled across the sector. Contact us to discover the Payroll HQ difference.
Why not download your free e-book, In Safe Hands, co-written by Payroll HQ General Manager, Andre Atton, and CEO of the Australian Payroll Association, Tracy Angwin. In Safe Hands provides a blueprint for transitioning to a managed payroll model, providing technical tips as well as strategic benefits.
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