When it comes to payroll, there are a lot of moving parts, from ensuring employees get paid accurately and on time, managing tax payments and deductions, and filing reports with SARS!
Payroll management can be time-consuming, but it doesn’t have to be. Streamlining your payroll processes with the help of a payroll software management system can save you hours every month.
But how do you find the right payroll software and how can it benefit your business?
Save time and money
Running a small business is complex as it involves juggling multiple tasks within a limited budget. A proper payroll management system can enhance your business’s cash flow. It ensures that employees get paid on time and you’re not overspending on your payroll budget. You can save time and money by reducing manual errors, eliminating paper waste, and improving communication between employees and employers.
Stay compliant
Do you find it hard to keep up with the frequently changing payroll legislation? Well, with the right payroll software, you don’t have to. Regular payroll software updates ensure that your payroll process is always compliant and up to date with the latest’s legislation, so you don’t have to worry about unnecessary penalties at SARS.
Minimise the risks of errors
Employees need to know that their payment will be accurate, and a payroll system will vastly reduce the possibility of human error, including inaccurate data input and accidental deletion of formulas. One of the most time-consuming aspects of payroll is data entry. Data entry is often done manually, leading to errors and delays. Quick Payroll can help you avoid this, by automating your manual payroll process.
Secure your data
A manual payroll process leaves the door open to compromise your company’s security, this is both true for small businesses and enterprises. Payroll software allows you to protect employee payroll data with tools like conditional system access and password protection.
Get ongoing customer support
If you’re not a payroll pro yourself, having a team available to help whenever an issue arises is crucial to your business operation. When you choose a high-quality payroll system, you’ll have the right support when you need it. Software professionals can walk you through how the system works and give you tips for a streamlined process.
Payroll is a business-critical operation for every organisation. Choosing a good, automated payroll system can help you carry out your pay run with greater speed, efficiency, and confidence. Sign up for a Quick Payroll 30-day trial and let us help you get started.