Smart Cash Flow Management for Small Businesses during the festive season.  

The festive season is a time of joy and celebration, but for small business owners, it can also bring financial challenges. Balancing the books while spreading holiday cheer requires careful cash flow management.  

In this blog post, we’ll explore five steps that small business owners can take to ensure smart savings during the festive season.  

Reduce Expenses 

December poses a challenge for businesses, primarily due to the common expectation for business owners to provide employees with a 13th cheque or a bonus equivalent to a portion of their salary. While it’s customary to reward employees during the festive season, it’s essential to do so in a way that aligns with your business’s financial goals. Instead of handing out large cash bonuses, consider alternative rewards such as gift cards, extra time off, or company-sponsored events. This not only maintains staff morale but also keeps your cash reserves intact.  

If necessary, also consider moving budgeted items for December and January to a later stage when financial conditions may be more favourable. By carefully assessing and adjusting expenses, businesses can navigate the financial complexities of the festive season without compromising their long-term financial health. 

Accelerate Invoicing for Timely Payments 

In the hustle and bustle of the holiday season, businesses often experience closures and reduced operational capacities. To ensure prompt payments before the end of the month, adopt a proactive invoicing strategy. Send out invoices to customers as early as possible, increasing the likelihood of receiving payments before the holiday hiatus. Swift response to invoice requests ensures timely payments, contributing to a healthier cash flow and alleviating financial stress during the festive season. Another proactive approach would be offering your clients an incentive discount for an early payment. Managing invoicing wisely not only streamlines operations before the holidays but also sets the stage for a financially stable start to the new year.  

Optimize Inventory Management 

One of the significant costs during the festive season is often related to increased inventory. Small business owners should carefully analyse historical sales data and trends to optimize their inventory levels. This prevents overstocking, reduces carrying costs, and frees up cash that can be used for other essential expenses.  

Plan Employee leave 

Some businesses, like retail and hospitality, are busiest during December and January. To keep things running smoothly, small business owners in these sectors should set up a staggered leave schedule. This allows employees to take breaks at different times throughout the year, ensuring the business stays productive and meets customer expectations. By strategically planning employee leave with the help of an efficient payroll system, small business owners can find a balance between giving their staff time off and meeting business demands during the festive season. This approach fosters a positive work environment while also safeguarding the financial health of the business. 

Negotiate Supplier Terms 

Building strong relationships with suppliers can be beneficial during the festive season. Negotiate favourable payment terms that align with your business’s cash flow. For example, you might explore extended payment terms or early payment discounts. Clear communication with suppliers about your business’s holiday schedule and expected payment dates can help foster a positive relationship and ensure smooth operations during this busy time.  

Successfully navigating the festive season requires strategic cash flow management, and small business owners must prioritise financial stability while spreading holiday cheer. By implementing some smart saving tactics entrepreneurs can set their businesses up for success during this joyous but financially challenging time and enjoy a prosperous festive season while ensuring the long-term financial health of their enterprises. 

Navigating Bonus Realms: Understanding, Choosing, and Ensuring Accuracy 

Are your employees anticipating a little extra recognition at year-end or for a job well done? An employee bonus serves as an additional reward alongside their standard salary. Employees receive bonuses as recognition for outstanding achievements or as a year-end acknowledgement. Providing bonuses not only elevates team spirit but also boosts overall work performance. 

In this blog, we’ll explore three types of employees’ bonuses, the Christmas bonus or 13th cheque, the performance bonus, and the production bonus. We will also explore how to choose the right bonus and how to ensure your calculations are always accurate.  

The Classic 13th Cheque 

Ah, the 13th cheque—the holiday miracle that warms the hearts of employees. This annual bonus, often given around festive seasons, is a boon for budgeting those extra holiday expenses. It’s a gesture that not only acknowledges hard work but also ensures that employees can enjoy the festivities with a little extra jingle in their pockets. 

Performance Bonus  

Picture this: You’ve exceeded expectations, and gone above and beyond your duties, and your performance has been nothing short of stellar. That’s when the performance bonus steps in. Tied to individual achievements, this bonus is a direct recognition of exceptional work. It encourages employees to strive for greatness and sets a standard for excellence within the team. 

Production Bonus 

For those who thrive in a results-driven environment, the production bonus is a game-changer. This bonus is linked to measurable company outcomes—be it sales targets, project milestones, or production quotas. It’s a win-win scenario where employees contribute to the success of the company and, in return, reap the benefits of their hard work. 

How to Choose the Right Bonus:  

  • Align with Company Goals: Bonuses should reflect the company’s objectives. Whether it’s fostering a festive spirit or driving outstanding performance, choose bonuses that resonate with your organizational culture.  
  • Clear Communication: Ensure transparency in bonus structures. Employees should understand the criteria for earning bonuses, promoting a sense of fairness and motivation.  
  • Tailor to Your Team: Recognize the diversity within your workforce. What motivates one person may not have the same effect on another. Tailor bonuses to cater to various preferences and work styles. 

How to ensure your bonus calculations are always accurate 

Managing bonuses can be time-consuming, even for a small team especially if you use spreadsheets to keep track of everything. Payroll software can streamline and enhance the bonus process within a company. By automating the process, payroll software not only saves time but also minimizes the risk of miscalculations, guaranteeing that bonuses are paid accurately and on time. 

In Conclusion 

Employee bonuses are more than just financial incentives – they’re a testament to a company’s commitment to its team. Whether it’s the joy of a 13th cheque, the pride of a performance bonus, or the satisfaction of a production bonus, these rewards go a long way in fostering a positive and motivated workplace.  

So, go ahead, explore the world of bonuses, and watch as your employees flourish with a little extra boost of appreciation! After all, a happy employee is a motivated one. 

Streamline Your Bi-Annual Submissions with Quick Payroll Software 

The submission period for the 2024 bi-annual employer reconciliation declaration has opened and closes on the 31 October! 

For companies to comply with SARS’s requirements, employers (both private and public enterprises) must reconcile their submitted Monthly Employer Declarations (EMP201) against the tax values of the interim IRP5/IT3(a)s certificates generated, and employees’ tax (PAYE) payments made during the period 1 March 2023 – 31 August 2023. The above is done on the Employer’s Reconciliation Declaration (EMP501) which is then submitted to SARS. 

As the October deadline for these submissions’ approaches, it’s an opportune time to delve into the importance of using payroll software to streamline these submissions and revolutionise your business processes. 

Accuracy and Consistency 

Manual calculations and data entry increase the likelihood of errors creeping into your SARS submissions. Even minor inaccuracies can lead to complications, potentially attracting penalties and interest or unwanted audits. Payroll software eliminates these risks by automating the calculation of salaries, taxes, and deductions, ensuring consistent and accurate data submission to SARS. This greatly reduces the chances of costly mistakes and improves your company’s reputation for reliable financial management. 

Efficiency and Timesaving  

The manual preparation of bi-annual submissions can be a laborious and time-consuming task. From gathering and calculating payroll data to ensuring compliance with ever-evolving tax regulations, the process can take a toll on your resources. Payroll Software streamlines this process by automating data collection, calculation, and report generation. This not only saves time but also allows your HR and finance teams to focus on more strategic and value-added tasks, contributing to overall business growth. 


Tax regulations and labour laws are subject to frequent changes, and it can be a daunting task to keep up with all the amendments. Payroll software, however, is designed to stay updated with the latest legislative changes, ensuring that your bi-annual submissions are always in line with current requirements. This proactive approach helps your business avoid penalties, interest and legal issues that might arise due to non-compliance. 

Data Security and Confidentiality 

Managing sensitive employee payroll data requires a high level of security and confidentiality. Manual record-keeping leaves room for data breaches, unauthorized access, or loss of information. Payroll software systems offer advanced security features such as encryption, access controls, and secure cloud storage. This reassures both your employees and your business that their personal and financial information is well-protected. 

Analytics and Reporting 

Payroll software not only facilitates SARS submissions but also offers valuable insights through detailed analytics and reporting features. You can easily generate reports on various aspects of your payroll, helping you identify trends, make informed decisions, and optimize your financial strategies. This data-driven approach empowers your business to make intelligent choices that positively impact your bottom line. 


As your business grows, so does the complexity of payroll management. Payroll software is designed to scale with your company, accommodating changes in workforce size, structure, and business operations. This scalability ensures that your payroll processes remain efficient and accurate, even as your business expands.  

Auditing Made Easy  

In case of SARS audits or internal financial reviews, having organized and well-documented payroll records is essential. Payroll software creates a digital trail of all payroll-related activities, making it much simpler to provide necessary documentation during audits. This transparency can significantly expedite the auditing process and reflect positively on your business’s financial management practices. 

In conclusion, using payroll software for bi-annual submissions to SARS is a transformative step toward enhancing your business’s operational efficiency, accuracy, and compliance. By automating calculations, ensuring regulatory adherence, and providing valuable insights, payroll software empowers your business to navigate the complex landscape of payroll management with ease. As the October deadline approaches, consider adopting payroll software to not only meet SARS requirements but also to elevate your business’s financial management practices to a new level of excellence. 

Which payroll software solution is best for your business?

In today’s fast-paced business world, managing payroll effectively and efficiently is crucial for businesses of all sizes. Payroll software streamlines the process, ensuring accuracy, compliance, and timely payments to employees. Two popular software options for payroll management are desktop and payroll cloud software.  

In this blog post, we’ll explore the advantages of both, to help you make an informed decision for your business. 

Payroll Desktop Software: The Traditional Approach  

  1. Control and Security: One of the key benefits of desktop payroll software is that it gives you full control over your payroll data. Your data resides on your local computer or company server, reducing the risk of data breaches or unauthorized access. This can be especially appealing for businesses that handle sensitive employee information and want to maintain a high level of security. 
  1. No Internet Dependency: Desktop software operates independently of an internet connection. Allowing you to process payroll even when the internet is down, ensuring your employees get paid on time regardless of external factors. 
  1. Customization: Desktop payroll software often offers a high degree of customization. You can tailor the software to your specific payroll needs, including unique deduction codes, earning categories, and reporting formats. 
  1. Once off cost: Most desktop software solutions require a once off cost with a reduced annual renewals fee, which maybe cost-effective in the long run compared to ongoing monthly subscription fees associated with cloud-based alternatives. 

Payroll Cloud Software: The Modern Solution   

  1. Accessibility and Mobility: Cloud-based payroll software allows you to access your payroll data from anywhere, anytime with an internet connection. This flexibility is especially valuable for remote work scenarios and for businesses with multiple locations. 
  1. Automatic Updates and Compliance: Cloud software allows for a continuous legislative update and ensuring compliance with the latest tax laws and regulations. This reduces the burden on your IT team and minimizes the risk of non-compliance.
  1. Collaboration and Integration: Cloud software often offers collaboration features, enabling HR and finance teams to work together seamlessly. Integration with other business tools like accounting software and time tracking systems is usually more straightforward with cloud solutions. 
  1. Scalability: As your business grows, cloud payroll software can easily scale to accommodate more employees and complex payroll needs without the need for software upgrades.

 In conclusion choosing between desktop and online payroll software ultimately depends on the unique needs and preferences of your business. The key is to assess your business’s unique needs, security concerns, budget constraints, and growth plans to make an informed choice. Whichever option you choose, investing in reliable payroll software can streamline your payroll processes, reduce errors, and ensure your employees are paid accurately and on time.  

New EasyBiz Cloud offering enhances payroll and hr efficiently

In today’s rapidly evolving business landscape, keeping up with legislative developments while managing your global payroll has never been more critical. EasyBiz’s Quick Payroll Cloud & HR software has made it easier than ever to access payroll data anytime, anywhere and on any device. 

No business is too big or small for the Quick Payroll Cloud & HR software. It can be adopted by businesses across various industries and of all sizes. The specific needs and requirements of each business will determine which Quick Payroll Cloud and HR solution is right for them. 

Quick Payroll Cloud & HR can be adopted in 43 countries owing to its adaptability and compliance with payroll legislation in those countries. This can successfully enable customers in these regions to integrate their payroll data into a variety of accounting software solutions. 

EasyBiz’s Quick Payroll Cloud & HR makes it easier to keep abreast of the latest legislative developments, ensuring that payroll is consistently accurate and compliant. Furthermore,  

Quick Payroll Cloud & HR is a 100% South African online payroll software solution that is powered by Microsoft’s Azure cloud. Which means no downtime, your data is always safe, and manual backups are a thing of the past. 

EasyBiz’s mission is to galvanise business success through the power of software technology and innovation. By extending their product offering to include a cloud payroll solution, the company has aligned its mission to the needs of the market and its customers. 

EasyBiz has presented a game-changing solution to streamline business operations, offering some unique functionalities not typically seen by industry competitors that will truly enhance operational efficiency, this includes:  

  • 100% cloud-based payroll software  
  • Expatriate management and international compliance 
  • Advanced HR modules; Performance management recruitment, Visual OrgChart, Workforce planning and Power BI. 
  • ISO 27001 certified, POPIA and GDPR compliant 
  • Automatic legislative and feature updates 
  • Cloud analytics and business intelligence dashboards 
  • API Integration 
  • Multi-country, multi-currency, multi-language 
  • Employee and manager self-service on any device 
  • Workflows and guidance, automatic backup process and seamless edition migration. 
  • Pay-as-you-go payments with no annual license fees 

EasyBiz has ensured that customers and users of the solution adopt modern technology, thus allowing for increased scalability and flexibility for its clients while achieving significant cost savings and the provision of continuous innovation across its offerings.  

Is your payroll process compliant? 

Understanding payroll compliance is an important part of running your payroll. If you are paying employees, it’s compulsory to be PAYE compliant. You need to ensure that the tax you pay is accurate and up to date according to the latest legislation. If your business is not payroll compliant you might face large fines or penalties. So, is your payroll process compliant?

Here are a few tips to help you keep your payroll process compliant:  

Keep current with payroll legislation

How do you keep up with the ever-changing payroll legislation and stay informed of any changes in the law?  

A good starting point is to join a payroll association. Payroll associations always keep their members current with the latest laws and give you access to a wide range of resources. They host many webinars and training sessions. These provide your business with the opportunity to find out more about the latest changes and clarify any queries that you may have.  

Always be on time

Another critical part of payroll compliance is the timely submission of information to SARS. This includes EMP201 (monthly) returns, EMP501 (bi-annually) returns and the IRP5 certificates. 

You need to keep track of all essential payroll deadlines in one place which is available to all individuals in charge of payroll. That way, your entire team is always aware of what is due, and you won’t miss a deadline.  

Keep up-to-date employee records

For businesses to keep payroll compliant with salary and hour laws, employers need to track employee time and information. Employee information can change, and those changes can affect your payroll calculations. Whether your employees are promoted, on maternity leave, or moving from a permanent role to a contract position, it all needs to be recorded accordingly. It may seem time-consuming at times but maintaining accurate employee records is a key part of staying payroll compliant.  

Maintain Accuracy

Accuracy is an important part of making sure your business is compliant. Managing your payroll process manually can be time-consuming and lead to many errors costing you time and money especially if your calculations are not in line with the latest laws.  

Investing in a payroll software system can help your business stay payroll compliant. The software can automate a lot of manual tasks accurately and on time. Regular software updates in the system can help businesses keep track of changing tax laws and regulations ensuring your tax calculations are always correct, helping you avoid any penalties or legal issues 

In conclusion, staying payroll compliant is crucial for any business, regardless of its size or industry. Compliance is not just a legal need, but also a moral obligation to treat employees fairly and respect their rights. By prioritising payroll compliance, businesses can create a positive work environment and build trust with their employees, leading to long-term success. 

The Employer Annual Reconciliation Declaration season is here! 

It’s that time of year again! The Annual Employer Reconciliation Declaration filing season is officially upon us. Submissions opened on 1 April and will close on 31 May 2023.  

What is employer annual reconciliation declaration?  

During this period, employers need to submit their annual reconciliation declarations (EMP501) that show the most up-to-date and accurate payroll information about their employees, monthly employer declarations (EMP201) for PAYE, UIF and SDL; payments made (excluding penalties and interest paid); and employee tax certificates (IRP5/IT3(a)s) generated, from 1 March 2022 to 28 February 2023. 

Why is it important to submit accurately and on time? 

By submitting your EMP501, you’re essentially telling SARS that you’ve paid the correct amount of tax for your employees and that everything is in order. Failing to submit your EMP501 on time can result in hefty penalties and interest charges.  

But it’s not just about avoiding penalties – submitting your EMP501 also ensures that your employees’ tax affairs are in order. If you don’t reconcile your employees’ tax certificates with the amounts that you’ve deducted and paid over to SARS, it could result in discrepancies in their tax records. This can lead to frustration for your employees, as well as a lot of extra work for you to rectify the situation. 

How do I submit my annual submissions? 

Based on your payroll information input your payroll software can automatically generate all the documents you need for your annual submission. You can also pre-validate your information to identify and correct any errors you might receive while completing your submission.  

Submissions can be made via eFiling should your employee count be less than 50, or e@syFile, if your employee count is 50 or more. Most payroll software systems support the latest versions of eFilling and e@asyFile which makes submissions a lot easier and faster.   

How do I avoid errors in my annual submission? 

Eliminating the need for manual data entry, can reduce the risk of data entry errors, and improve overall efficiency. 

Investing in a payroll software solution can help you streamline this process by automating tasks such as data entry, calculations, and reporting. One of the main benefits of using payroll software is the ability to ensure accuracy and compliance with regulations. The software can automatically calculate taxes, deductions, and other payroll-related expenses, reducing the potential for errors that could result in penalties or fines. 

The employer annual reconciliations can be a time-consuming and labour-intensive operation if not done correctly. With an automated payroll system such as Quick Payroll, this essential process can be easily accomplished, leaving companies more time to focus on the success and growth of their business. 

Why is payroll data important for your business? 

The difference between an informed decision and a wild guess is whether data is used. Accurate data and reporting play an integral part in helping business leaders assess the full costs and organisational impacts of both large and small decisions. The same holds true for payroll data. So, why is payroll data important? 

Whether you’re a business owner, in charge of HR and payroll, or simply want to better understand the payroll side of the business, payroll reporting can help: 

Guide better business decisions  

Payroll data can be a useful strategic tool for senior management in making decisions about the future of their company. Data collected by the payroll department can be used to analyse salary costs to develop business strategies and accurately predict what payroll is going to cost the business over the next quarter or year. Therefore, the data needs to be right and accurate, using the correct payroll software can help you achieve this.  

Help manage cash flow 

Payroll is one of the most significant expenses that can create cash flow issues for many businesses. Having the correct data and payroll report handy will not only keep your business in check but also ensure that you are not underpaying or overpaying any of your employees. Most payroll software can accurately report, and track hours worked, overtime, sick days, employee taxes, and tax deductions. 

Stay compliant with taxes 

As a business owner, you are responsible not only for paying your own taxes but also the taxes of your employees. Automating your payroll process with a payroll software management solution can help you stay up to date with the latest legislation and keep all tax documents and reports in one place for quick reference or changes, making filing tax returns a lot easier, and lowering your chance of being penalised by SARS.  

Minimise errors 

Payroll errors can be tiresome. They can take your payroll team ages to rectify when they crop up, reducing time spent on other tasks. Processing errors in payroll can therefore quickly become very expensive, no matter how small they are. Having knowledge about your payroll data and tracking them through payroll software enables you to quickly identify and correct errors, which will ultimately allow you to avoid financial losses. 

Gaining insights from your payroll software through custom or pre-built reports means you’re better utilising payroll data to drive business choices. Business decisions should be guided by facts, which data provides, and having access to this information gives you a competitive advantage in your business. 

You have the upper hand if you can confidently make strategic decisions without guesswork. 

Work Smarter and more efficiently with Quick Payroll software.  

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.  

how to balance payroll costs against revenue - Woman sitting at desk working with papers.

How to balance payroll costs against revenue

Human capital most often represents the highest cost of any business. It is imperative, therefore, to maximise the value of this resource and keep costs to a minimum without compromising the wellbeing of employees. There are several ways to analyse the optimal payroll balance, but one of the most useful is to keep payroll around a certain percentage of gross revenue, utilising the principle of payroll-to-revenue ratio. So, here’s how to balance payroll costs against revenue.

Gary Epstein, MD of EasyBiz Technologies, discusses the costs and processes involved in managing payroll, and the merits of protecting the company’s most valued but most costly asset … its people.

Keeping payroll costs to a minimum is on every company’s agenda, but how do business-owners know whether they’re spending too much on it? Therefore it’s important for businesses to analyse payroll data, which is the collection of metrics that contribute to the overall business expense of paying people for work performed at the company.

There are more than just base salaries to consider. Other payroll metrics include:

  • Any contractor or freelance wages outside of official payroll
  • Any bonuses offered throughout the financial year
  • Withheld taxes
  • Benefits paid to employees
  • Communication expenses that contribute to payroll
  • The cost of remaining compliant with payroll regulation.

Having this information available allows businesses to accurately predict the total cost of payroll and mitigate the risk against any future payroll changes – or revenue changes. A good method of determining whether a company is paying too much is by using the payroll-to-revenue ratio principle. Determining the gross payroll-to-revenue percentage is achieved by dividing the gross revenue by the total cost of payroll and converting the result into a percentage.

For example, if a company’s gross annual revenue is R5 million and R1 million is spent on payroll for the year, the gross revenue to payroll percentage calculates as R5 000 000 ÷ R1 000 000 = 5, or 20%. Total labour costs or the percentage of gross revenues spent on payroll, can vary dramatically by industry, from 10% to as much as 80%. Generally, payroll expenses that fall between 15% and 30% of gross revenue is the safe zone for most types of businesses.

The cost of staff turnover

Reducing employee turnover is one of the most underrated ways to lower the costs of the payroll process. Losing staff brings with it numerous costs, including advertising new roles, interviewing, training, and onboarding. These additional costs can be avoided by retaining employees in their current roles, with the help of the HR team.

Consulting with HR

Working closely with the HR department will typically increase the transparency in the payroll process, which can result in lowering costs. Having full insight into where the salaries are going to (using reports and other features) is key in being able to do this.

A helping hand from technology

Payroll software manages, maintains and automates payments to employees. Efficient, integrated and properly configured payroll software can help businesses of all sizes maintain compliance with tax laws and other financial regulations, as well as reduce costs. This frees HR teams from routine tasks so that they can spend more time on planning, budgeting, and other vital business functions.

How does payroll software help businesses?

The benefits of implementing an efficient, compliant, and configurable payroll software solution go beyond the tactical tasks of paying employees. It also helps companies to:

  • Improve morale. Avoid instances in which employees are paid the wrong amount, are not paid for overtime or other work, are paid late, or are not paid in their preferred way.
  • Tighten security. Payroll systems help ensure that the right people have access only to the appropriate information. It’s also critical for organisations to have software in place that prevents double payments, confirms that every payment is correct, and automatically calculates the appropriate benefits and tax payments for each employee.

Payroll software is designed to automate payroll processes, improving effectiveness, accuracy and productivity. It will also enable HR professionals and business-owners to assess immediately whether the company’s payroll-to-revenue ratio is too high or whether it’s at a healthy level.

The hardest challenge with payroll data is ensuring that there’s a stream of consistent, high-value data to gather and analyse. Forecasts and predictive analysis are built by analysing a wide range of historical data over time. To do this accurately, the right technology is needed. Only then can one build a picture of payroll data and understand how it impacts the wider business and begin to make adjustments to improve the bottom line.

Choose payroll software that allows you to easily access and gain insights from your data. A good example is Quick Payroll. This software can process the payroll for up to an unlimited number of employees and allows HR to:

  • Process weekly, fortnightly, and monthly pay runs with ease
  • Record and manage staff leave
  • Have regular software updates to cover new legislation
  • Benefit from training and support
  • Generate customisable payslips
  • Be fully SARS compliant.

Payroll data, facilitated by technology, is key to gaining effective insights into payroll processes.

By monitoring and benchmarking this data, companies can begin to achieve the perfect balance between compensation, performance, and loyalty, and maintain the financial health of their business.

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Please fill out the form below to receive the trail demo link

Personal Information
Where a party receives any personal information (“PI”) related to the other party, the party who receives the PI, will comply with and have adequate measures in place to ensure that its employees, agents, subsidiaries and representatives comply with the provisions and obligations contained in the Protection of Personal Information Act, No. 4 of 2013. Any PI pertaining to one party which is required by the other party, will only be used by that other party for the purposes of this contract and will not be further processed or disclosed without the written consent of the latter and the recipient of that PI will take all reasonable precautions to preserve the integrity and prevent any corruption or loss, damage or destruction of the PI. If and when the contract is terminated, each party will, save to the extent that it is required to do otherwise by any applicable law, erase or cause to be erased, all PI and all copies of any part of the PI relating to the other party”.