What is Payroll Software? | Pocket HRMS

What is Payroll Software?

Payroll software is a system that automates the entire process of payroll. It is an all-in-one solution to manage payroll and ensure that it complies with the tax and financial regulations. It simplifies payroll processing by automating employee taxes calculations, their monthly inputs for payroll processing, leave calculations and other related tasks.

Choose Pocket HRMS Payroll Software

Pocket HRMS is an all-in-one online payroll management solution that allows payroll and statutory compliances to be automated. It provides an easy-to-use interface and an intuitive dashboard to get an overview of all the processes. It disburses the salaries into the designated accounts and ensures accurate payroll processing while maintaining compliance with all policies.

The HR payroll system should also have zero human interference for error-free processing. Additionally, a cloud-based payroll system makes it effortless to access from anywhere, anytime. HRs could generate insightful, valuable reports within a few seconds, anytime quickly. It increases both efficiency and accuracy of the payroll management system significantly.The Best Payroll Software in India

Payroll management is much more than depositing your employees’ paychecks, though. Pocket HRMS streamlines multiple aspects of payroll processing such as recruitment, talent management, attendance and leaves management, and workforce management. It ensures your business stays out of any legal trouble for payroll and compliance-related violations so that you can dedicate more time to other employee engagement initiatives.

The employees also access their payroll details using HR and payroll software. They can mark their attendance, apply for leaves, check the status for letting the employees know the details of different approvals and leave balances anytime. Along with it, the HR chatbot ‘smHRty’ gives virtual HR assistance to clear their basic queries instantly whenever they require assistance. These self-service features save plenty of productive time for the HR department.

Enhanced Cloud Security

Being a cloud-based HR payroll software, Pocket HRMS takes automated regular backups to ensure that the employee database and payroll process information is safe on the cloud. It also ensures that the data is available only to those with proper credentials with usage access restrictions.

Additionally, our cloud database is protected with military-grade 256-bit encryption algorithms as any leak due to security lapses might be catastrophic to your business. With cloud-based access, the secure database is available to you at your fingertips at any time of the day from anywhere. You are also able to access it from any device with an internet browser, thereby making your payroll data secure, yet easily accessible.

Affordable for a Small Business

Pocket HRMS is an affordable and scalable system. It accommodates the needs of the business as it keeps on growing. It is simple to cater to all your payroll needs. What makes it affordable are the various subscriptions choices. The subscriptions can also be customized according to your business needs.

You pay per month or annually according to what you use. This method makes it more accessible to startups and small companies. The payroll solution is highly flexible and effortless to configure according to all businesses and verticals. Additionally, there are no hidden charges. It also accommodates the growing needs of your staff with ease. You can also add or remove the modules are per your requirement based on the changing needs of your business.

Learn more on: https://www.pockethrms.com/payroll-software/

I write about the latest HRMS & Payroll Software updates and trends that can help companies learn and run their business effectively.