The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
Evident in every company in any existing industry, may it be a startup or a growing company, the completion of the exchange of services between the employer and its employees involves payroll.
As every organization employs staff best suited for the job, they are automatically on the company payroll.
As definite as it sounds, payroll is the monetary compensation for the services rendered by the employees.
But, what makes it essential?
What makes it so important to the point that we are discussing its very nature, right now, with utmost consideration?
Payroll is beyond the very idea of salary alone.
Aspects like withholding taxes, bonuses, incentives, over-time compensation, and the likes are included in it.
These parameters are considered, calculated, and presented to and for the employees for like every month via payroll system.
The essence of payroll in a business is highly valued since it leads to achieving peace of mind as well as business growth, if you look at it in a broader perspective.
For some business owners, payroll management might be one of the most essential responsibilities, but it is not necessary to be the most daunting.
We will not completely focus on how payroll management systems can greatly aid your payroll management in comparison to manual operation, but will be casually reminded on how it can get rid of the likelihood of erroneous calculations in the payroll processes.
Instead, let us dig a bit on how it impacts the employer and its employees.
To promote a better employee engagement, also upon abiding regulatory compliance, payroll management system extends a helping hand.
It is crucial to adapt an efficient payroll system to maintain an accurate representation of payment records for the employees.
Inefficient payroll system otherwise can negatively affect the morale of the employees, which can lead them to question the financial integrity of the business.
An unprecedented improper management of payroll because of incompetent payroll system will, without a doubt, deteriorate your employees productivity.
And soon a domino effect will occur: company’s efficiency will worsen and that will later lead to the company’s downfall.
An efficient payroll system is also helpful upon maintaining records or filing taxes, so as to prevent unexpected penalties.
In short, it secures the legality upon simplifying payroll methods.
Now let us ponder this.
An efficient payroll system comes with well-designed software that offers you tons of benefits that will help your business big time.
We will just pick a number of reasons as to why we do need a payroll management software.
And here’s why:
Automate your payroll processes and enjoy the above mentioned benefits through EasyHR.
Experience the wonders of cloud based HR and payroll software.
Experience it with us.
Experience it through EasyHR.
Optimize your payroll processes.
Minimize the time. Maximize the efficiency.
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).