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Why do you need payroll software for your business? Because it makes payroll easy. Payroll software automates each and every step in the payroll process for all businesses from small, medium to large ones. It practically manages your payments for your employees and makes it easier to set up direct deposits to their accounts. It can withhold payroll taxes and most of all it can store accurate and precise records, so your company wouldn’t end up paying fines for errors and delays.
Although these are recurring processes, when done manually, it can be tedious and time-consuming. Well, it is so easy to commit a mistake but accuracy takes practice and experience.
Only payroll software can make you through the day without errors in payroll. You can breeze through paydays knowing that you have a reliable Philippine payroll system in place.
To help you choose the right and suitable payroll for your business that is tailor-fit to your needs, you have to know first what to look for in payroll software. Here are some considerations:
1. User Friendly
It should not be complicated. The reason is shifting to payroll software in the Philippines is to make things light and easy. Payroll software should be easy to set up and offers an intuitive user experience.
2. Reporting Feature
A reliable payroll system should be able to help generate reports for the company to analyze and evaluate for better and sound decision-making. The reports should be exportable too.
3. Specific and Customizable
It has to fit in and offer what you need according to your own company practice. Generic cannot serve its purpose, a customizable payroll software in the Philippines can assist you.
4. Integrations
Choose a payroll software that can be easily integrated. If your operations are divided across multiple employee management software, it should let you integrate these existing systems into one with a cloud payroll you can rely on.
5. Tax Requirements
No more pencil pushing. Cloud software in the Philippines helps simplify collecting, generating, and filing taxes and other requirements.
6. Access
Top-notch payroll software can provide employees access in order to double-check and review their personal information.
7. Notifications
It sends you reminders, alerts, and push notifications, and enables you to notify your employees if they need to perform actions, for instance, review their timesheet.
8. Price
The price should not even be a concern at all. It should be budget-friendly.
9. Customer Support
Cloud software Philippines comes with good customer support to help you with any issues.
After running through these considerations, see how easy payroll and benefits can be. To give you an idea of the top payroll software in the Philippines, here are some of them plus a glimpse of their functions and features:
1. Gusto
It is affordable, provides full-service payroll automated payroll that is suitable for any business, and offers three tiers for small to midsize companies that also have HR features, making it the best overall choice.
2. Paychex Flex
This payroll software offers more than 160 reports for you to get a clear look at wages, taxes, turnover, and more. It has one of the best and most robust reporting features. It also automatically files your payroll taxes, makes sure of its compliance, and guarantees integrations with critical programs you also use, such as accounting and benefits apps. Although there are reports of hidden fees, this has not caused any problems so far.
3. QuickBooks Payroll
If you are familiar, there is QuickBooks accounting, then QuickBooks Payroll is the next and perhaps an easy option. It is easy to use and very intuitive. You wouldn’t need to contact support for help because the tutorials they provide are so thorough that knowledge is easily learned, also their online tutorials. This one is a bit expensive so if you are on a budget this may not be a good match for you.
4. Workful
For the best customer service support, Workful is the one! It is one of the more modern and fast-rising in online payroll services available, and it’s already making a name for itself with its top-notch customer support, which is why it’s our best customer service option. It has an affordable price tag too although the reporting feature is not so superb.
5. OnPay
This one is the most recommended for SMEs. An easy-to-use, affordable online payroll software system that is the best for small businesses. Why? Because it is affordable for a start-up company and there are no hidden fees, which is important for a small business that is still learning from the trade. OnPay has full-service payroll that automates calculations and files your payroll taxes in a jiffy.
6. ADP
One of the most well-known names in payroll and HR is ADP. The brand recognition and years of experience make it ideal for large companies or businesses that are booming. The lowest-priced plan includes full-service payroll, direct deposit, reporting, and a self-service employee portal. More complete features and HR services come with higher-priced plans.
7. Payroll4Free
Are you on a tight budget at the moment and are looking for one that is truly free? Payroll4Free is the best free payroll service you can find that is really free and has no hidden charges. But the downside is that you have to do a bit of manual work. If you have a business with less than 25 employees, this would be a better option instead of a pen-and-paper method of doing payroll.
Breeze through paydays with the best payroll software in the Philippines. Another great option for you would be EasyHR. EasyHR is a great tool your employees deserve. Automate statutory payroll deductions like BIR, HDMF, SSS, and Philhealth. Automate DTR computation of tardiness, absences, undertime, overtime, Holidays, and all leave types. Automate manual and repetitive tasks like preparing reports for the BIR, HDMF, SSS, and PhilHealth.
Book a free demo today and find out how this amazing payroll software in the Philippines works! https://human-incubator.com/easy-hr/
