Manual payroll processing is a recipe for wasted time and costly errors, especially if you have to juggle attendance, leave, and calculations. But there's a better way. You can upgrade to an HR payroll software solution — a single system that integrates seamlessly with your other systems and eliminates manual processes. The result? Fewer errors and happier employees.
Keep reading to discover how an all-in-one payroll and HR software like Adaptive Pay can help your business.
Easy payroll processing
Payroll software solutions must comply with IRAS, MOM, and CPF regulations while seamlessly integrating all relevant employee data to streamline processing. Adaptive Pay, for example, has a pre-payroll acknowledgement feature that allows employees to review their paychecks and flag any discrepancies before your HR department finalises their pay. This highly customisable system accommodates specific payroll components such as deductions, allowances, basic salary, and various payroll schedules. It also connects with Singaporean banks to let you create multiple bank files and manage online payroll transfers seamlessly.
Simplify calculations
High-quality HR payroll software can eliminate the guesswork from calculating taxes and other deductions. The best platforms automatically calculate CPF, SDL, and FUND using a constantly updated system that helps your business stay compliant with changing taxation formats, rates, and policies. In addition, it automates income tax filing and generates and files IR8A, IR8S, IR21, and Appendix A.
Adaptive Pay has all these features, including third-party app integrations. This means you can set it to your preferred workflow and make it work with apps like Quickbooks and Xero.
Employee management
The right payroll software can streamline all crucial HR tasks, including leave management, appraisals, attendance, rostering, and claims. With an all-in-one solution, you don't have to worry about using multiple individual platforms. You can refer to one system that integrates your payroll with those modules to eliminate manual processing and calculations. Additionally, employees can receive notifications of their payslips from an app and view and download these from one platform.
Which software should you get?
Adaptive Pay is an all-in-one HR management software with everything you need to simplify payroll, attendance, and other matters. You won't need any other HR payroll software once you have tried it, so be sure to request a demo today to learn how it can improve the way you work.
About the company:
Adaptive Pay is a groundbreaking cloud-based HRMS and payroll software that simplifies and automates HR and payroll management for Singapore businesses. The software adheres completely to the employment laws and regulations of Singapore, rendering it a highly suitable option for local businesses. A notable characteristic of Adaptive Pay is its user-friendly interface. The implementation of advanced security measures by Adaptive Pay guarantees the confidentiality and security of sensitive employee data.
