One of the most tedious processes that HR experts need to carry out in today’s time in organizations is payroll processing. The situation becomes even more time consuming when an attendance management system and manual time tracking are involved. It is very challenging for SMEs and start-ups to outsource the payroll as then it is not very feasible. So what is the ideal solution here? It is definitely a cloud based payroll management system. Manual attendance systems can lead to incorrect payroll that will again result in an unsatisfied workforce for an organization.
Productivity Enhancement with Cloud Based Payroll Software:
Investing in a sound cloud based attendance management system has a lot of benefits.
Time series generation on time – Be it for any company; small, medium or large, perks are listed below: meeting deadlines is very important especially in context to payroll processing. Employees after working hard for the entire month will, of course, anticipate timely remuneration. Any delay in the generation of timesheets can disrupt the entire process of payroll. Cloud-based payroll management systems on the other hand include features of automated attendance and time tracking that can put an end to all these challenges. Data takes place on the cloud with which HR experts will gain access instantly to the needed data and in real-time. So timesheet generation need not be a laborious task anymore with such advanced technologies.
Automatic Generation of Reports –
Within a company, there can be several employees working. They can take leaves or even commit themselves to working overtime. Keeping a track of all these sick leaves and extra working hours is very important for any organisation. Attendance management for any company holds extreme importance. This particular module must be present when organisations agree to HRMS integration from a particular vendor like Exactlly. When the employee attendance system is maintained correctly, keeping track of data becomes convenient. Every human resource management software must come with the proper module of a payroll management system. Automated attendance and time tracking system helps in generating timely reports that concerns the numerous HR processes. Some other perks incorporate enhanced revenue, decreased spreadsheet management, decreased labour costs, proper Human Resource Management and eradication of storing irrelevant data.
Rectifying Timesheets Easily –
Even if you ask 100 HR experts regarding how it feels to make corrections in employee timesheets there will be a frown on each of their faces. Maintaining a manual attendance system and making rectifications can be an extremely cumbersome process. Every now and then an employee after returning from his or her break will forget to put in the correct time. Such disruptions and inaccuracies lead to issues in maintaining a proper payroll management system. The best payroll software in the cloud based one within which problems associated with manual attendance management are nil. While checking the HRMS features list before implementing a particular HRMS software, the presence of these features is a must.
Managing Employee Queries with ease –
Cloud payroll software comes with the feature of employee self-service. By this, the entire work staff can gain access to leave requests, tax-related facts, payslips, attendance data in real-time, benefit and personal information easily. Hence to gain such information no employee needs to email or call any of the HR staff. Mobile access and self-service largely help in driving employee engagement.
Payroll Inaccuracies –
One of the most judicious procedures within any organisation is the payroll. The incorporation of a sound payroll management system is truly necessary in the present times. Suppose there is a scenario of short-changing and an employee can choose to create a fuss by disrupting the code of conduct in a company. But implementing cloud based payroll software will result in an error free and precise payroll procedure. In this way, organisations can get hands-on smooth and meticulous payroll processing.
Starting from flexibility for several users, business continuity, timely support, cost-effectiveness because of decreased IT costs and easy access; these are some of the perks of a payroll management system. Along with this a proper attendance management system also helps in enhancing employee morale and productivity. Manual attendance is not suitable for any kind of business at the current time. Software like exactllyHRMS always includes the best employee attendance system module. Information related to such software is present in Free Demo. Contact Us for a demo.
(1) What is an Attendance Management System?
Attendance Management System is the system that enables the calculation of the entire production work hours invested by an employee. This system will also display the total number of sick leaves, absent requests, overtime, etc.
(2) What is a Manual Attendance System?
A manual attendance system is a conventional system that demands manual filling in of attendance sheets by employees.
(3) Why are Time and Attendance important?
TNA or time and attendance systems are employed for monitoring and tracking the time when employees commence and end work. Employers can track the late arrivals too with these systems.
(4) What is the Basis of Good Attendance Management?
Addressing the challenges of workplace absenteeism systematically is the basis of a proper attendance management system.
(5) What is HR Payroll Software?
With HR payroll software, performing activities like keeping a check on deductions, payroll processing, attendance and time, allowances and maintaining remuneration details of employees becomes convenient and fast due to automation.