Is Payroll System Essential for SMEs?

Payroll System Essential for SMEs

What is the role of payroll system to SMEs?

These days, entrepreneurs often look for an answer to save them from the hassles of doing manual payroll. Payroll management system plays a vital role in an organization not only for employees’ salary computation but also for compliance. Furthermore, a payroll management software manages the contribution of employees, processes withholding taxes, deductions, and prints reports.

As SMEs engage themselves in competitive business landscapes, they will need reliable, accurate and budget-friendly solutions to help them streamline their HR processes. Therefore, markets today offer various payroll systems, but the most established payroll software in the Philippines since 1999 is Philippine Payroll Pro.

Philippine Payroll Pro is an in-house HR solution developed by Mustard Seed Systems Corporation. It is TRAIN Law-ready and allows customization depending on the needs of an organization. Payroll Pro is compliant to the latest government tables, can generate multiple reports including SSS reports, PhilHealth reports, PAG-IBIG monthly reports, W2 and Alpha list, and can be integrated with most timekeeping devices.

There are five editions of Philippine Payroll Pro which business owners can choose from according to their needs and business size. The most comprehensive Philippine Payroll Pro edition is Payroll Enterprise. It comes with the number of add-ons like Web Portal, an online portal where employees can file Leaves, OT, OB, view reports, timesheet, loans, pay slips, etc.

Moreover, data security plays an essential part in a company. Since business’ data are all critical, it needs proper security and privacy measures to prevent data leakage. Business owners don’t have to worry because Philippine Payroll Pro has antivirus and a FREE cloud storage powered by Microsoft Azure.

This is the time to leave inaccurate reports, manual computations, and miscalculations behind! Start to automate your HR processes with Philippine Payroll Pro.