Payroll data is the most important and confidential data in any organisation. Earlier, organisations used to manage payroll manually, but with changing times and technology, an increasing number of organisations are investing in payroll technology that can help them automate payroll and save a great deal of time and money.
Online payroll software refers to an easy to use, scalable and functionally rich SaaS-based payroll solution that is specifically designed to handle all aspects of payroll processing.
Right from streamlining the entire payroll by reimbursement of claims for medical, LTA, fuel and more to automatically filing claims in the portal and adjusting payroll calculations, an online payroll allows you to do all these things, effortlessly.
Further, an automated online payroll system requires no manual effort, and all the calculations in it are completed within hours. It also has the ability to calculate deductions like tax and insurance, and also can integrate with a time tracking system.