4 Essential Features To Look for While Buying Payroll Software in South Africa
Fully-functional payroll software is an important component of the official business landscape around the world. Every day, more and more companies look forward to making their human resource the most valuable asset of their company through various techniques. Payroll software helps companies get a reliable payroll management system to manage their growing workforce by simplifying different payroll processes and integrating the same with various other corporate procedures.
To buy great payroll software South Africa, one must ensure that software in consideration is developed by an expert team that has experience of handling complex payroll procedures. Also, payroll software must be equipped with the following features and tools for better payroll management through software:
Payroll management software must serve as a single window for various payroll-related and employee administration. It should handle various legal, financial and tax-related payroll issues without being complex so that anyone with basic computer proficiency can handle the payroll software. Payroll software must have a payment management solution, a comprehensive search feature for employee search on various parameters and complex package structures to quickly calculate an employee’s cost to company and benefits through a single window.
Payroll solutions software must have a provision of offering a full-service portal to the employees using which one can submit different application requests, receive training and simplify internal payroll functions. Also, such a self-service employee portal should help a company in maintaining employee documents, manage employee relations and generate employee equity reports for submission.
Payroll management software must have inbuilt expense management module with various functions related to expense management such as take-on, operations, month ends and tax filing system. The module should be able to support multiple pay frequencies through a single screen from any device. The expense management module must be centrally-hosted so that the management and administration including accounts department can handle all expense-related functions from anywhere.
Payroll software must have a provision of having a comprehensive leave management solution that helps employees in applying for leaves from any device anytime. The module must also allow employees to view remaining leave balances and get timely approval from his reporting manager. The software must also have a notification system that facilitates employees to stay updated about the leave application and approval process. Also, this module must have a reporting system to view individual leaves of employees and check the leave liability easily.
To ensure that an organization is working on payroll software in South Africa, one must keep in mind the organizational requirements and try to sync the requirements of the organization with the available features of the payroll software. Also, the payroll software must be easily customizable to ensure that one can change its features and modules according to dynamic requirements that change from time to time according to the growth of the organization.
To buy great payroll software South Africa, one must ensure that software in consideration is developed by an expert team that has experience of handling complex payroll procedures. Also, payroll software must be equipped with the following features and tools for better payroll management through software:
- Easy to navigate complete payroll management solution in a single package
Payroll management software must serve as a single window for various payroll-related and employee administration. It should handle various legal, financial and tax-related payroll issues without being complex so that anyone with basic computer proficiency can handle the payroll software. Payroll software must have a payment management solution, a comprehensive search feature for employee search on various parameters and complex package structures to quickly calculate an employee’s cost to company and benefits through a single window.
- Full-service self-service window for employees
Payroll solutions software must have a provision of offering a full-service portal to the employees using which one can submit different application requests, receive training and simplify internal payroll functions. Also, such a self-service employee portal should help a company in maintaining employee documents, manage employee relations and generate employee equity reports for submission.
- Expense management module with user-friendly timesheet system and profitability tracking
Payroll management software must have inbuilt expense management module with various functions related to expense management such as take-on, operations, month ends and tax filing system. The module should be able to support multiple pay frequencies through a single screen from any device. The expense management module must be centrally-hosted so that the management and administration including accounts department can handle all expense-related functions from anywhere.
- Exclusive leave management solution in a single window
Payroll software must have a provision of having a comprehensive leave management solution that helps employees in applying for leaves from any device anytime. The module must also allow employees to view remaining leave balances and get timely approval from his reporting manager. The software must also have a notification system that facilitates employees to stay updated about the leave application and approval process. Also, this module must have a reporting system to view individual leaves of employees and check the leave liability easily.
To ensure that an organization is working on payroll software in South Africa, one must keep in mind the organizational requirements and try to sync the requirements of the organization with the available features of the payroll software. Also, the payroll software must be easily customizable to ensure that one can change its features and modules according to dynamic requirements that change from time to time according to the growth of the organization.
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