HR payroll software simplifies payroll management, making it more accurate and less susceptible to expensive mistakes. This software automates essential tasks like tax filings and salary calculations to ensure correct wages and save time. A good software solution also brings peace of mind to both you and your employees. The most effective platforms offer versatility by integrating seamlessly with attendance and leave modules, so you don't need to spend on multiple solutions.
For a smoother, trouble-free payroll process
Did you know that your payroll system can affect overall employee satisfaction and retention? Aside from helping your team oversee salaries, HR payroll software solutions make it easier to manage employee benefits and other relevant data, such as loans, claims, attendance, and leave. A good platform keeps everything organised in a centralised location for easy processing. Additionally, it automatically integrates those data and allows employees to review and report discrepancies in their paycheques before HR processes payroll.
What makes a good payroll software?
Start with a reliable HR management software that complies with IRAS, MOM, and CPF, and make sure it has a comprehensive payroll module that can streamline these functions:
- Data compilation from attendance, leave, and others.
The solution should integrate workflows for cloud-based payroll and HR. Moreover, it should provide automatic calculations based on employee records from allowances, prorate salaries, claims, and other modules.
- Automatic SDL, FUND, and CPF calculations
HR payroll software must be up-to-date with the latest policies, guidelines, rates, and taxation formats in Singapore. Additionally, make sure the app complements your preferred setup and workflow, especially when using third-party apps like Quickbooks and Xero.
- Automated IR8A and tax filing
Manual filings are prone to human error that could cost your business more down the road. You can avoid this by choosing payroll software that automatically generates IR8A, IR8S, IR21, and Appendix A and files these for you.
- Accessible to employees and local banks
Look for HR payroll software that provides an app for employees to use on their phones to check their payslips with ease. Moreover, the software should be linked to Singapore's banks to simplify fund transfers and payouts.
Streamline your payroll with Adaptive Pay.
See how a comprehensive cloud payroll software can improve your business by requesting a demo of Adaptive Pay. You can also buy the software now for a chance to get 50% off the yearly subscription fee.
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.