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Why Singapore SMEs Should Automate Payroll For better Business

Employees are increasingly noticing a difference in experience between work and personal applications as work-from-anywhere, anytime becomes the norm. <br><br>Employees now expect their employers to implement workforce applications that provide a consumer-grade experience.<br><br>Payroll automation enables employee self-service options, allowing employees to easily view payroll-related aspects and even download their payslips while on the go. <br><br>Furthermore, they can update personal information in real-time, which significantly speeds up and saves time in the payroll process.

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Why Singapore SMEs Should Automate Payroll For better Business

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  1. 3 Reasons Singapore SMEs Should AutomatePayroll AutomatingpayrollForSingaporeSME’s HUMANASSETMANAGEMENT Employee Database Leave Management Claim Management PayrollManagement RESOURCES Grants CPFCalculator Overtime Pay Calculator

  2. 1.Employees are empowered, and a consumer-grade experience is delivered. Employees are increasingly noticing a difference in experience betweenwork andpersonalapplicationsaswork-from-anywhere, anytimebecomesthenorm. Employeesnowexpecttheiremployerstoimplementworkforce applicationsthatprovideaconsumer-gradeexperience. Payroll automation enables employee self-service options, allowingemployeestoeasilyviewpayroll-relatedaspectsand evendownloadtheirpayslipswhileonthego. Furthermore,theycanupdatepersonalinformationinreal-time, whichsignificantlyspeedsupandsavestimeinthepayroll HUMANASSETMANAGEMENT Employee Database Leave Management Claim Management PayrollManagement RESOURCES Grants CPFCalculator Overtime Pay Calculator

  3. process. 2. Change the focus of the HR team from transactional to value-added strategicwork. Accordingtoconservativeestimates,HRteamscanspendupto 50%oftheirtimedealingwithemployee-relatedpaperwork. Automating the payroll function can help HR teams save a significantamountoftime,whichtheycanthenuseforemployee engagement and other value-added activities such as internal programstoimprovebusinessoperationsefficiency. HUMANASSETMANAGEMENT Employee Database Leave Management Claim Management PayrollManagement RESOURCES Grants CPFCalculator Overtime Pay Calculator

  4. PayrollautomationcanprovideHRteamswiththebandwidthto focus on critical aspects that can help them be seen as a true StrategicBusinesspartnerasheadcountbudgetsforHR HUMANASSETMANAGEMENT Employee Database Leave Management Claim Management PayrollManagement RESOURCES Grants CPFCalculator Overtime Pay Calculator

  5. departmentsacrossenterprisesarebeingslashed. Payroll automation, moreover, eliminates human errors and providesinsightsthatcanaidinbetterforecastingandcashflow management. 3.Itaidsinremainingcompliant. Itiscommonknowledgethatemploymentregulationsandrelated payrollissueschangefartoofrequentlyforanyHRprofessionalto keepupwith. Cloud-basedSaaSPayrollSolutionProvidersstayuptodateon thesedevelopmentsandincorporatethemintotheirsolutions. ThisnotonlyeliminatesthehassleofmanualeffortbyHRteams butalsoeliminatesthedreadedcompliance-related errors and HUMANASSETMANAGEMENT Employee Database Leave Management Claim Management PayrollManagement RESOURCES Grants CPFCalculator Overtime Pay Calculator

  6. allowsthemtobealignedwiththemostrecentgovernment regulations. Automation and digitization are clearly here to stay. As a result, enterprise HR teams of all sizes must leverage technology to provide a best-in-class workplace experience for a multi- generationalworkforcewithvaryingneeds.So,getonboardwith HRtechnologyandmakeitaconstantchange! QuickHR comes with stability, remote accessibility, ease of use, andcost-efficiency.IfyouwanttoknowmoreaboutQuickHR,you may contact usor request a free demowith no terms and conditions! HUMANASSETMANAGEMENT Employee Database Leave Management Claim Management PayrollManagement RESOURCES Grants CPFCalculator Overtime Pay Calculator

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