Many economies depend on small business enterprises (SMEs) for a lot of things. Their products are produced with love and crafted with passion; their business pushes job creation and promotes economic development.
In fact, The World Bank reports that SMEs represent 90% of businesses and more than 50% of employment worldwide. The good that they are doing for the economy is far beyond just business, yet there are challenges that get in the way, stalling them at times.
Apart from the rising costs of materials, inflation, reduced revenue, shortage of manpower, managing expansion, attracting new customers, managing funds, and marketing & promotions as the recurring challenges; automating and adapting to new technology can also be considered to be one of the major obstacles. And yet, it could also be a game changer in running the business.
This is so true in managing the growing manpower of SMEs. While small businesses are hesitant to have cloud payroll software for SMEs, because of the perceived high costs that go with it, cloud payroll is still a must-have for every thriving SME.
At the onset, only medium to large companies could really imagine being able to implement cloud payroll software to optimize their operations. However, cloud technology has evolved a great deal and has made cloud payroll software easily affordable for businesses of all sizes, especially for the small ones.
Undeniably, cloud technology can catapult the business to greater heights. Business automation and, more specifically, cloud payroll software processing can help achieve efficiency gains in several ways.
What exactly is Cloud Payroll Software for SMEs?
It is a payroll management system where small and mid size enterprises can access, operate and control everything about payroll starting from the hiring and onboarding of employees to making sure to conduct exit processes over a remote system which is the cloud – basically with software installed in a computer connected to the internet.
A cloud-based payroll system is a solution and massive support for SMEs who are still striving to improve their system as they are operating remotely. It can enable employees to work from any location, and can still have the same access to the exact same information that they can also access from their office.
With all these done, a cloud based payroll for SMEs ensures very safe payroll transactions and data maintenance with fine-grained security protocols that can prevent data breaches or even unauthorized access.
Managing payroll and HR tasks can be time-consuming and overwhelming. If you are looking for a cloud payroll software for SMEs, EasyHR is the complete and comprehensive Cloud Payroll and HRIS solution that every SME needs in the Philippines.
EasyHR’s cloud payroll and HRIS software will be the one to manage and handle your payroll and automate these processes. As a small business thriving to succeed, with EasyHR you can now focus on what really matters most – growing your business.
Because EasyHR is a cloud-based payroll and HRIS system, it is more accessible from anywhere with an internet connection. It is also intuitive and user-friendly. Plus, it is designed specifically for small and medium-sized enterprises (SMEs) in the Philippines and comes with a very reasonable price tag that’s very friendly to the needs of your small business.
Do not think twice of getting EasyHR because offers the following features:
1.) Provision of Employee Self Service (ESS) Portal
This feature allows employees to log in to the EasyHR system and access their own payroll information and HR records. With the ESS portal, many HR tasks are reduced and employees can actually do it themselves. This saves time, and employees do not need to wait anymore. It also provides more productive time for HR staff to do something more worthwhile like team building activities and planning.
2.) Cloud-based Software as a Service
EasyHR is a cloud-based Software-as-a-Service, meaning it’s hosted in the cloud and accessed via the internet. This makes it highly cost-effective, as there’s no need for expensive on-premise hardware or software. Additionally, EasyHR can be rolled out quickly, without the need for disruptive on-premise software updates. Plus, users always get access to the latest version of the software.
3.) Automated Payroll and HR
EasyHR can do payroll in a breeze. It automates everything else like computing absences, deductions, benefits, taxes and the like with succinctness and accuracy. Moreover, the HR task of generating and filing these reports to these agencies is automated, freeing up HR staff to focus on other tasks.
4.) Dependable and Robust HR Data Management
With EasyHR, all employee records are unified in one system, eliminating the need for tons of printed paperwork and folders in filing cabinets. HR staff can access digital 201 files with unlimited documentary attachments in the Memo tab. This feature streamlines data management and improves data accuracy and accessibility.
5.) Creation of Multi-payroll Group Rights Management
Now this is something new. This is advancing HR processes with EasyHR.
Payroll data is sensitive and needs to be handled with care. For this reason, EasyHR has a special feature that allows you to manage payroll rights for different groups within your organization. The multi-payroll group rights management is a granular method that can create different payroll groups with different levels of access and permissions to sensitive payroll data. This results in more security and confidentiality.
6.) Customizable Company Settings
SMEs vary. They are different with unique payroll needs. Acting as the cloud payroll for SMEs, EasyHR brings to the table a system that is fully customizable to allow you to tailor payroll processes and settings to your specific needs.
With customizable company settings, you can set up tax codes, payroll schedules, payment methods, and employee benefits to match your company’s requirements. This means you can streamline your payroll processes and reduce errors, all while ensuring that your employees are paid accurately and on time. Plus, with our easy-to-use interface, customizing your payroll settings has never been easier.
What are you waiting for? EasyHR is what you badly need. Revolutionize your HR and payroll operation with a cloud payroll for SMEs that is EasyHR. For more details and demo, see this: https://human-incubator.com/easy-hr/
