Use Truly Integrated HR and Payroll Software for Your Small Business in Singapore

If your Small and Medium Enterprise (SME) has grown out of a handful of employees and you are looking for some real growth, it is the time you must start searching for an integrated HR and Payroll software system. It will assist you in managing the time-consuming task of payroll processing. You will not have to spend hours doing it manually, craning your neck over the attendance records and time sheets of your employees.

Make Sure You Are Investing in a Truly Integrated Payroll Software

You must remember that your small business needs a truly integrated payroll software Singapore. You also need to inquire and confirm that it is a truly integrated tool. You need it to manage the increased complexity, because of the increased number of employees, in the operations of the HR and Payroll department. The staff working in these departments need to instantly make the data or the information available throughout the software system.

Automate Your Payroll Processing:

A payroll software that comes with a single database is capable of reflecting changes throughout the system without breaching any security constraints. It allows the staff to work on the latest data which is important for producing accurate results such as the salary of an employee. Payroll System by SBS Consulting is one such tool that allows you to automate your payroll processing.

Maintain Free Flow of Information:

Payroll System ensures the real-time free flow of information between the HR and Payroll department. When your HR staff changes the grades, hourly rates, the amount of incentive, rates of statutory contributions and tax rates, or the leave status of the employees, Payroll System immediately reflects it in the database and makes it available to the payroll staff. It gives the authorities a greater control over the generation of accurate results. It goes a long way in ensuring your faultless statutory compliance.

Want to Press a Button:

If you choose any other payroll software, it will mean that you will have to manually push the data from one system to another. You will have to click on a button provided by the system to do so. It won't be automatic, so watch out for those specially integrated payroll software tools that are not integrated in practice.

The Employment Act of Singapore, states that every Singapore-based employer needs to pay his or her employees within the seven days at the end of the salary period. Missing a payday can sour your relationship with your employees and the environment at the workplace. It can also irritate the authorities and tarnish your brand name. Most importantly, it may drive the authorities to penalize you. Investing in a competent payroll software Singapore will save you the trouble.