Best Payroll Software in India

Here is the solution to your HR problems, factoHR has it all. Cloud-based HRMS software for SME is all in one solution. factoHR is designed to provide HR managers with insight into their workforce, and support and automate HR operations from employee hire through to retire.

Here are top benefits that we feel you will enjoy when investing in payroll software:

  • No Need for Double Data Entry

If your payroll system is connected to your time and attendance tracking, employee database, and other information systems, the information can be seamlessly moved back and forth in the system without the need for double data entry. Many systems even automatically update all impacted information when changes are made in one part of the system. This eliminates tons of work, saving labor hours and reducing the propensity for errors.

  • More work is done in less time

Productivity is something every business owner strives for. Unfortunately, your workforce cannot be productive if they are spending extra hours trying to organize payroll functions and tasks. With the right payroll software, you can save your employees many hours of work and ensure that they have plenty of time to focus on their core functions and responsibilities.

  • Data security like never before

Keeping your employees’ personal and financial information safe is also a big responsibility employer must take upon themselves. Payroll software solutions offer a password-protected environment where personal and financial data related to your employees can be stored at low risk of being accessed by the wrong persons.

  • Improves communications and teamwork

When time and attendance, payroll, employee records, and other HR related needs are managed through a single interface, it can improve communications and teamwork. A manager can make changes and these changes can be reflected in a system which can be viewed by managers as well as employees. This can help to eliminate confusion and make it simple to make changes and correct errors.

  • Anywhere Access

Using online payroll software, you can store your data securely in the cloud. That cloud-based system provides you with enhanced security, but it also gives you and your staff members secure anywhere access. Whether you are traveling, working from home or at the office, access to the businesses’ critical information is readily accessible.

  • Payslip Processing

A manual payroll system requires you to print payslip on a typewriter or by hand. A computerized payroll system has the direct-deposit capability, which saves money spent on live checks and reconciliation. Additionally, computerized printing of payslips occurs quickly, regardless of volume.

  • Avoid Making Mistakes

It is easy to make mistakes when you manage aspects of payroll manually, but with the right payroll management solution, it becomes much more difficult to make such mistakes. Comprehensive validation procedures and checks stop you from entering the wrong information.

For more details: https://factohr.com and any queries please contact us at +91 782 000 3100 or mail us at info@factohr.com.

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