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Category: Payroll Software

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QNE Cloud Payroll & HR Software

QNE Software offers Cloud Payroll & HR Software for all businesses in Malaysia and other south east Asian countries. It is a perfect software for payroll requirements from small to large companies in Malaysia. This software has advanced payroll features such as Salary calculation, attendance…

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Frontier Payroll

Frontier Software is a prominent HR and payroll software provider for all companies from Small to Large businesses. This software company is based out of Australia and having its branches in many countries in the world including New Zealand, UK, Singapore and Malaysia. Frontier Software…

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AwedusHR

AwedusHR is the modern world’s cutting-edge human resource management software that enables small and medium businesses to manage all HR activities from hire to retirement. Our cloud-based HR management system makes it easy to manage your HR processes and complex functions seamlessly. The automated HR…

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HR Pearls

HR Pearls is India’s most trusted HRMS Solutions, which provides user-friendly software that helps in an instant and hassle-free management of payroll operations. HR Pearls is a cloud-based and affordable payroll solution that fastens your processes and reduces the cost of operations. The main objective…

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NeeyamoWorks

NeeyamoWorks was launched in 2018 to create cutting-edge, future-ready HR products built to support an organizations’ global workforce no matter its size, diversity, geographic presence, or complexity. NeeyamoWorks was created with an intention to resolve all issues pertaining to managing human resources in organizations across…

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ANKPAL

ANKPAL is a novel way to manage the accounts, in this digital world. ANKPAL offers you a robust platform to manage accounting operations and gives you end to end financial services with the help of 20+ CAs. ANKPAL is a unique way of managing accounts…

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SAN Payroll

Our SAN Payroll Management Software provides a wide process in streamlining the recruiting process and managing Employee data by performing Payroll – Pre- Process, Actual Process, and Post-Process. Customizable Dashboard Employee Master and Information Create Multiple divisions, Sub-divisions, Departments, Job type, Designation and City Create…

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Hotelier Books

Leveraging the advanced accounting technology & bookkeeping Intelligence , Hotelier Books is handcrafted by the greatest minds in the hospitality industry tailored to serve all needs of limited-service hotel property owners. Our unique features & significant functionality creates exceptional value and empower hoteliers to make better decisions, while easing the efforts…

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E-Lite HRMS Solution

Employee screen differs between their roles, admin users and end users 1. End to End employee master data maintenance Employee can view their data. Admin user can hire an employee and able to view all the employee data in the organization 2. Attendance Management Attendance…

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$200
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QuickHR

QuickHR is a Human Resource Management System (HRMS) designed with a single purpose in mind to address the difficulties that afflict existing HR platforms. Every component has been developed with security, stability, and usability in mind. QuickHR frees HR professionals from time-consuming administrative activities, allowing…

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Buyer Guide: Payroll Software

Payroll management of a company is important, as employees are the bricks and stones of an organization. Manual processing of payroll is time-consuming and exhaustive, especially in large organizations. Payroll defines how much an employee makes a month, the benefits offered by the company, deductions with respect to medical insurances, PF, Loss of pay, etc. and wage garnishment. Some organizations recruit freelancers and contractors for specific projects to be done. Payroll software plays an important role here. Payroll processing can happen in timely increments. Some organizations credit employees’ banks directly or give out checks manually. This can be taken care of by Payroll software. There are some exclusive options where employees can be paid through re-loadable payroll cards that work like an ATM card.

Target Audience

  • Large organizations with more than 100 employees can set up an in-house payroll system.
  • Small organizations can use this software to only generate payroll while other HR and admin processes can be handled manually by an employee.
  • Very small organizations can outsource their payroll processing to a third-party, to keep record of how much revenue is generated and how much is being given out.

Why Payroll Software?

Payroll software, similar to accounting software, overlap accounting features in many aspects. While payroll software is all about payroll processing, tax payments, employee benefits and bonuses, revenue details and more, accounting software only has payroll management as an additional feature. Tracking benefits and time and attendance management are also included as dedicated payroll solutions.

Payroll Software Types

Basic payroll features are included in all software, but a payroll software that fits all-sized businesses is unavailable. If your business expands from a small to large-sized enterprise, then purchasing a payroll software that suits the size of your company matters. When shifting from one payroll scheme to another, checking if the payroll software you purchase can integrate with existing software is crucial. The types of Payroll software are:

  1. Small Business Payroll Software (50 employees or less)
  2. Medium-sized Business Payroll Software (100 employees)
  3. Large Enterprise Payroll Software (More than 100 employees in different locations and different countries)

What to Look for in Payroll Software before Buying

Many types of payroll software solutions are out in the market and buying the right software that suits your business needs is important. The key factors to take note of, before buying are:

  • Pricing – Comparing prices from different vendors by looking at the features that are required for your company is important. Cloud-based software is cheaper than an on-premise software. The features included in the package offered should be carefully analyzed, as some software tools may contain a lot more features for a cheap price than other software tools that don’t.
  • Flexibility – Changing from a small sized organization to a large sized one may require software flexibility, to scale up or down depending on requirements.
  • Integration – If you have an existing software, the new payroll software must be able to integrate with the software already used for your business, to avoid unnecessary data overlapping.
  • Training and Support – Some software offer technical training support to help customers use their product wisely. If there are any technical issues faced, the support team must be readily available to cater to your needs.