How can a payroll system benefit my business?

02 Dec 2019

 

 

An online payroll system is a more efficient and cost-effective way to manage your payroll. It calculates PAYG, pays staff via bank ABA file, or an approved bank guarantee, and is an easy way to keep and update records. Our payroll system keeps you up to date with the latest regulations and seamlessly integrates with other business tools to help your business run smoothly.

CloudPayroll takes the pain away from payroll so you can focus on what you do.

Here are some comments from our clients on the benefits of CloudPayroll:

Saves time

Payroll can be a complex process, which may take many hours or even days to process properly, depending on the size of your company. CloudPayroll automatically calculates gross wages, PAYG and superannuation. It can make payroll deductions, pay third parties e.g. child support, salary packaging organisations, generate reports and process payments to your employees. You can manage payroll and leave entitlements in just a few clicks.

CloudPayroll is SuperStream compliant and pays superannuation contributions to all your employees’ superannuation funds (optional) or provides a SAFF file for you to pay direct to your clearinghouse. Leave approvers and managers can view their team, approve/decline leave applications online and have access to their teams’ leave balances and leave calendars to ensure they are fully informed before making a decision.

Saves money

Our online payroll system has helped many thousands of Australian and New Zealand companies save money and improve efficiency. CloudPayroll provides you with access to its free help desk service via email and phone, which may reduce your business administrative costs. CloudPayroll also eliminates waste from having to print payslips, by providing online access to employer and employee records electronically. Saved time means saved money.

Reduce the chance of errors

Online payroll software reduces the chance of errors that can occur with manual calculations and data entry. This eliminates the risk of ATO penalties from calculation errors.

Employee self-service

Through our online Employee Kiosk and App, employees can view, manage, enquire, make changes and apply for leave in their own time, from their smartphone, tablet or PC. If selected, employees can also enter their timelogs for approval into the payroll. They can view information and make changes directly, reducing administrative duties for your business.

Additional features

As electronic filing and documentation become increasingly important, CloudPayroll enables better bookkeeping and keeps you up with the latest changes in legislation. No need to download software for desktop solutions with CloudPayroll; we manage it all online centrally for all clients automatically. CloudPayroll makes sure that your company meets its obligations as regulations change, so you can focus on other areas of your business. Additionally, our payroll system easily integrates with other systems and tools to help you monitor and plan your business activities.

Our clients and their employees love how easy it is to use CloudPayroll. It is simple to set up and our friendly team offers ongoing support through our free help desk service. We are a premier online payroll service for small to medium-sized businesses from one employee to up to 1,000 employees. Our systems are fully secure and totally confidential.

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