Many businesses have felt the effects of economic changes that we have experienced this year and although things are set to improve, the January spending slump is just around the corner. So how do we ensure that our businesses have time to recover their loses without customers or employees forfeiting?
When times are tough a lot of businesses cut costs, which reduces quality, alternatively they let go of employees but both of these options can start a downward cycle with lower staff morale. The area to focus on is processes. Processes take time and staff which can be very costly. Improving processes can lead to a heavy investment in technology which most small to medium businesses can not afford. This is where looking at outsourcing companies that specialise in technology development to cater for small to medium businesses requirements can save time and money.
Reduce your process times and empower your employees by adopting small business payroll software that enables them to manage their leave online, check payslips and update personal information. This reduces the administrative burden within the company so that Managers and staff can focus on other core strategic duties than keeping a trail of leave forms and printing paper payslips. Payroll services that offer a payroll software solution online are convenient in allowing access to leave applications in which employees can apply for leave and managers can approve leave after checking leave balances and roster implications. An additional benefit is payslip access online for employees and Managers. This gives the power back to the employees and streamlines business processes while saving money on paper payslip distribution and lost leave forms.
This article is written by Aussiepay who is an innovator and leader in the payroll service industry. Aussiepay is one of the leading Australian payroll company operating for 20 years and offers payroll programs such as ePayroll and tools on their website to assist in compliance with payroll calculator to make payroll easy and compliant for your business.
Wednesday, December 30, 2009
Thursday, December 3, 2009
Choosing the right payroll software for your company

With the growth of an organization, payroll process becomes more complicated and tedious. If you do not use payroll software, you would end up wasting a lot of time doing paper work. By deploying the right payroll program, payroll processes become easier and quick. Processes that usually take several days can be done carried out in minutes with the help of software. This is the reason why payroll software has become the need of the hour.
But you should be careful while choosing payroll software for your company. The software should have the feature to facilitate direct deposit of salaries to the bank accounts of employees. You should also be able to make the payments electronically. This saves you from a lot of hassles and you can also save money and time.
The software should ideally have an automated time clock. The time clock allows automatic entry and exit time recording and you can be sure that there are no errors and duplicate entries. It should allow filing of tax electronically.
You should also be able to set different pay rates for different employees. For instance, in the accounts department, the salary structure of an accounts head would be different from accounts executives. The software should calculate salaries based on the profile of the employees. This saves you from a lot of hassles as it reduces the number of pay codes used to record an employee’s pay. With the help of the payroll software, you should also be able to generate custom reports.
Buying the right kind of payroll software definitely proves to be a good investment. Before buying the software make sure you do proper research and read as many reviews as possible. This will help you in deciding as to which system is right for your organization.
Aussie Pay is a leading payroll services provider that offers flexible and accurate payroll software to suit your business requirements. It provides effective online payroll services making payroll easy to manage and cost-effective for all businesses.
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