If you are someone who has to compile salary-related data for every employee in the company to “manually calculate” basic salary, overtime pay, tax calculations, and more, and make sure that every calculation by everyone is “completely accurate”,
Congratulations, it’s time to reduce work, effort and errors with payroll software.
Traditional payroll systems, which involve manual calculations, documenting data, and relying on people, are tedious and prone to human error. This can significantly impact employee confidence and attitudes toward the organization.
For this reason, payroll software is a great tool to help ease the burden, increase accuracy, and keep employees happy with the following benefits:
The challenges of manual payroll that every organization must face
Collect data and calculate money manually
Since not all calculations are done automatically, there is a risk of data collection or miscalculation.
Work against time
The payroll process involves collecting data, calculating payroll, and issuing payslips to every employee in the organization. The payroll team completes all of these steps within 30 days or less, making it a race against time where no mistakes can be made.
Waste human resources and time on data management
There is a lot of data from many different sources that are used to consider in calculations, so data that is handled by humans rather than automated systems is at high risk of errors.
How does the salary calculation program work?
- Collect employee data for calculation in one program, no need to import-export data between programs.
- Automatically calculate salary, income and other deductions for each employee from data available in the program.
- Automatically update various legal expenses such as social security, taxes, funds, and others.
5 key benefits you will immediately receive when using an automated “payroll system”
Pay your employees easily with one click, supporting all payment methods and banks.
Send money directly to your employees’ bank accounts. Supports all banks. Fast and secure. You can also customize your payroll processing system to add unlimited income and deduction items.
Supports unlimited corporate branches
You can manage an unlimited number of companies in one system, and it can be customized to suit your organization’s structure and payroll structure.
Automatically handles the problem of missed reimbursement and retroactive deductions.
With an automatic salary calculation program that helps both retrospective calculation and automatic adjustment, reducing errors and increasing calculation accuracy.
Able to hold employee salaries through the system
It enables HR to efficiently and reliably control, manage, and audit salary withholdings in situations such as employee investigations, company property insurance claims, and more.
Strengthen long-term employee security
You can receive various types of funds, including provident funds, employee welfare funds, and internal reserve funds created by the company to increase confidence and create motivation for employees.
Calculating payroll can be tricky, but with a payroll calculator and the expert team at COACH HCM, you can get it done.
Transform your old ways of working into something modern, less tiring, and more efficient with our Payroll program .
COACH HCM We don’t just provide efficient automated payroll software. We are happy to handle any payroll issues or additional system implementation details to meet your organization’s payroll needs. We guarantee your confidence with our experience and trust from leading customers who choose us.
Book a free demo to try our payroll calculator today!