Payroll Software in the Philippines: Top 3 Features to Look for
Adopting a modern payroll management solution can solve the usual office headaches. The human resources and accounting department can finally handle different tasks more efficiently. The workers can expect accurate salaries every payout. The leadership can maintain high employee morale by eliminating pay-related disputes.
However, upgrading your system is one thing; choosing the right one is another. To find the best payroll software in the Philippines, look for these must-have features:
Check whether your prospective payroll system has the ability to handle repetitive tasks automatically. This capability is not only an obvious time saver, but also a major bandwidth booster.
Although key processes like calculating deductions aren’t necessarily complex, they can be challenging when you do them manually. If you deduct taxes and update SSS, Pag-IBIG, and PhilHealth contributions on autopilot, you’ll be able to free yourself mentally for other matters that need your undivided attention. Plus, you can reduce the chances of human error dramatically.Payroll Software in the Philippines: Top 3 Features to Look for
From a compliance point of view, using a payroll app with automation functionalities can help you stay on the good side of the authorities. Considering that the Philippine government is cracking down on rogue employers more seriously, you can’t afford to make mistakes when withholding and remitting employee contributions.
Make sure that your payroll management software lets you tailor reports and can generate them on its own regularly. Every company has its own payroll schedule, which is why it’s important that you use a solution that fits your target payout dates.
Moreover, a great payroll system for any small business in the Philippines allows you to produce insightful data-rich reports based on your desired layout. This way, you can ensure that they’re as intuitive as they can be for all readers.
Granted, there’s a ton of free business tools on the market that come with template libraries and that you may already be familiar with. But the beauty of using payroll software with a built-in report generation feature is that it eliminates the need for multiple apps redundantly just to accomplish the same tasks.
Go with a payroll solution that you can use from anywhere, especially when you’re away from the office. In other words, it should have browser-based and mobile versions. Such software is perfect for post-pandemic companies that observe remote and hybrid work setups.
A remotely accessible payroll management app helps decrease bottlenecks and ensure punctual salary payouts. If you’re worried about data security, software-as-a-service app vendors generally use reliable hosting providers that employ adequate security measures to ward off cyberattacks.
Is There Payroll Software in the Philippines That Has Them All?
A resounding yes!
Here at SDev Technologies, we take pride in offering a hybrid of payroll and human resources information systems called SDev Antares. It’s powerful, scalable, sleek, affordable, and purposely designed for the unique needs of Filipino companies.
In addition to managing payroll, our cutting-edge solution can help you generate printable payslips, monitor the timekeeping of in-house and field employees, keep 201 files, and more!
Contact us today to book a free demo!