It is obvious that no businesses, including the Singapore-based, wants to get tangled with the authorities over the legal or tax issues. SBS Consulting advises even newly minted startups in Singapore to use a reliable payroll software for the task.
Are you searching for a Payroll software Singapore? Yes, you as a Singapore employer need to have one.
Though the sales, revenue generation, profit making are the core goals for the business owners, they also have to pay careful attention to other things too. The payroll processing is a non-core but an essential task. For a well-settled business having a high headcount, it is not practical to do it manually. They need to look for a business software Singapore like payroll software Singapore.
Payroll software singapore
If you have already taken the decision of implementing the best Singapore payroll software for your organization, the question is, “How will you locate the best one that describes your requirements?” You will need to search on the internet and cast your net wide. Even after that, you may have to ask your friends and business associates for a few references to reliable payroll systems. You have the option of choosing between a desktop-based or a web-based payroll software.
PC-Based or Web-Based Payroll Software
Does the web-based payroll software represent the best option for you? The web-based system stands out as the obvious choice as it offers convenience, portability and anytime On-the-Go access to the data. It makes you independent of your workstation. You can access its functionality using Smart-phones, tablets, laptops, and desktops over the internet to make your timely and data-driven decisions.
In today’s internet age, accessing your online payroll software Singapore is on-the-go is convenient. It especially allows small business owners to put their commute time and the time between the meetings with the clients to get some payroll jobs done. All they have to do is to open their internet browser and use it to access the system.
The time and changing market trends make authorities to change rules and regulations. The field of payroll is not an exception to the rule. However, it means the software manufacturers also need to upgrade their software so as to preserve the statutory compliance of their clients. This is where a web-based Singapore payroll software scores one over the PC-based ones.
Does the up gradation of online payroll software affect users? The process is amazingly simple and easy on the users. The manufacturers upload their new versions to the web servers where the payroll software is installed. That’s all. It is the end of the process.
The users do not have to do anything to upgrade anything on their devices. Most of them don’t even realize that the task has been completed. However, up gradation of a PC-based payroll system is a tough task involving the downloading of the software patch or installing it from the CD or DVD.
The businesses as the unique entities have special needs and finding all about them is the first step in locating the best payroll software Singapore. The activity demands the effective brainstorming of the business’ needs. Once the requirements are fixed, the task of shortlisting of a handful of payroll software will become easier. You will also know in advance what to get customized from the manufacturer of the tool.
Your business needs play an important role in the choice of the software and its source. You need a software company that offers an online Singapore payroll software, and that has a team of experienced developers who can successfully customize their off-the-shelf payroll system to fulfill your business needs.
Simplify Tasks with Payroll Software
- Employee Management
Master Setup Management
Banking Compliant – Automated GIRO for almost all Major Banks
Compliant with the regulations issued by CPF Board, IRAS, Ministry of Manpower
Attendance & Time-sheet Management
Email and SMS Management
Real-time Reports and Dashboards
Bio-metric (Finger Scan) Attendance support
Billing & Invoice Management
Itemized Pay slip
Multiple Company Setups & Document Upload
Connectivity with Accounting Software like MYOB or Quick Books
Experienced 24X7 customer service
Security Matrix to Data
The payroll software Singapore provides easy to use interfaces and assists the users in capturing the employee as well as business’ information. The data is stored on the web servers in a centralized repository and is instantly accessible. However, it does not allow access to everyone. It is restricted using of security matrix and usernames and passwords. The approach is useful in serving the data only to those who need it to discharge their assigned duties.
You need to choose wisely as an inadequate system can cause you more trouble than good. Locating a software company with an outstanding record is necessary as you may need to go to it for support in future. It may cost you, but it is a safe option than trusting a fly-by operator and disrupting the payroll process.
Pay careful attention to the features and the integrated modules offered by the software. Finally, before buying the best payroll software, Singapore make sure that it complies with the rules and regulations prescribed by the different government agencies like CPF Board, Inland Revenue Authority (IRAS), and Ministry of Manpower (MOM).
SBS Consulting Pte. Ltd.
High Street Centre,
#17-02, 1 North Bridge Road,
Singapore – 179094
Tel: (65) 6536 0036