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EPayslip Take The Pain Out Of Payroll
Posted: Mar 12, 2021
How am I supposed to complete my payroll for a thousand over employees in just one month?! Using only excel to calculate? What is with all the constant changes to the HR legislations, it is so difficult to keep up with all of the changes! Can’t we just automate some of these manual payroll processes? With our past experiences in payroll within the Human Resources (HR) department, we hear these laments about payroll far too often.
Payroll WoesWith the mushrooming of startups and SMEs in the business world today, we at ePayslip are constantly striving to learn about the payroll woes of these small companies. As outsourcing payroll is typically outside their budget means, most of these small companies instead buy licensed software. However, some of these payroll software platforms might prove difficult to use and navigate. Very often, these business owners lack the essential payroll knowledge and yet, paying employees accurately and on time is key to the success of the business. Many of these SMEs also raise the issue and hassle of having to update their payroll software to keep up with the ever-changing payroll legislations put in place by the government.
How ePayslip Steps InAt ePayslip, we believe that the first key step is to automate the payroll processes, effectively eliminating the manual calculations and mountains of paperwork. Given that we understand the budget constraints of our clients’ businesses, we aim to provide clients with an exceptional online payroll software at an affordable cost. This means that our clients do not need to worry about a hefty price tag that comes with our efficient payroll software, allowing them to focus on their business expansion plans.
A Dedicated TeamWe believe in going the extra mile to help our clients and providing exceptional service. There is a strong sense of dependency on each team member as all of us hold an important role in contributing to serving our clients and the success of ePayslip. Despite being in a relatively infant stage, we have established a significant network of customer base through our steadfast belief in a strong customer-centric environment.
As some of us in the team puts it, "Having faith that our services and products will definitely benefit the SMEs market will spur us to reach out to a large group of SMEs regionally." It is with this mindset that allowed us to expand beyond the local border and into other Asia-Pacific regions such as Singapore, Hong Kong, Malaysia and Thailand just to name a few.
Fast-forwarding Payroll ServicesWe want our clients’ business to be more efficient and to relieve them of the HR burden, more specifically payroll. Given our regional expansion, this would mean that our next steps would involve keeping abreast of the latest technology when developing our products. While this may prove challenging, it is definitely an opportunity for us to reach out to more clients to relieve them of that manual payroll headache.
Most HR professionals may be familiar with the arduous task of payroll processing. It is a repetitive yet critical business function that requires precise accuracy and timeliness. While most businesses tend to start off with leveraging on-premise payroll software for their payroll operations, Software-as-a-Service (Saas) payroll is an affordable and efficient alternative to payroll processing.
SaaS eliminates the need for manual HR processes as the data and information is stored virtually on the cloud. This means that HR can simply use any device with an internet connection such as a laptop or even mobile phone to run and process payroll. As payroll data is stored virtually, this means that larger amounts of data can be stored and can be used for analysis such as tracking of tax filings and employee work hours. Some SaaS payroll solutions also allow employees to view their own payroll information and download their payslips, saving HR time from having to address these HR queries. This again helps to take off the mundane and administrative tasks of payroll and allows HR to focus on driving strategic HR initiatives to enhance internal processes to drive operational efficiency.
Based in Singapore, i-Admin offers world-class, easy-to-use payroll solutions using technology and systems infrastructure that exceed industry standards. Our proprietary technology platform provides a singular web-based service that delivers electron