HR professionals in an organization have to deal with a substantial amount of employee data. Even a small data error can lead to compliance issues and employee dissatisfaction. Employee payroll management is one of the business operations that can cause significant problems when not managed properly. Most of the time, payroll errors are caused when payroll and HR operations are handled separately. Your employees will lose confidence in your organization when there are repetitive errors in their paychecks.
Integrating and automating your Payroll and HR operations is a great way to reduce payroll errors. In order to alleviate some of the burdens of payroll processing, Zoho Payroll (Indian Edition), our in-house payroll management software, has been added to Zoho People Plus, our integrated HR suite. This newest addition to Zoho People Plus can do wonders for your organization by making payroll processing simple and error-free. This can make your HR operations more efficient while providing a seamless employee experience. Here's what you can do with Zoho Payroll:
Automate payroll calculations
With the Zoho Payroll, you can automate all your payroll processes, which is the secret to faster and successful payroll implementation. It puts an end to unexpected mistakes and ensures that your employees are paid accurately and on time. By configuring your pay frequency, pay date, and other statutory aspects of payroll including Professional Tax, Employee Provident Fund (EPF), and more, you can automate your organization's payroll processing. You can also generate detailed payslips that provide information on various deductions and taxes and share them with employees.
Make compliance easy and effective
Many payroll professionals spend much of their time and effort on compliance to avoid huge penalties and, in some cases, even license cancellation. With Zoho Payroll, ensuring compliance is a breeze. You don't have to worry about aspects like updated compliance laws, maintaining and updating payroll records, and processing Tax Deduction at Source. Different locations can be configured to ensure that payroll processing is in line with local compliance laws.
Empower your employees
The employee self-service portal that comes with Zoho Payroll will keep you and your employees on the same page. Employees can access the documents and information they need, including payslips, income tax returns, reimbursements, PF details, annual earnings, investment declarations, and more—all from a single window whenever they want. They can also import various bills for reimbursement through the portal. Zoho Payroll's iOS and Android applications allow employees to do all these functions from anywhere, anytime. This way, you can avoid confusion, and your employees can get timely money returns.
Generate relevant reports
As payroll is one of the most expensive processes in your organization, it's necessary to have clear visibility with every step. With Zoho Payroll, reports that explain concepts such as EPF, Professional Tax, Employee State Insurance, tax returns, overall payroll costs, and monthly salaries can be obtained and shared in just a few steps. You can also generate reports that give you an overview of your employee time-off and attendance information.
These are some of the many things that you can do with Zoho Payroll. It's designed to take the tedium out of payroll processing and make it as simple and immaculate as possible. Give it a try and let us know what you think in the comment box below!
Please note that Zoho Payroll is available only for India.
Have questions? Write to us at firstname.lastname@example.org