Payroll management software is a system that automates payment process and paychecks for search employee. It deducts Kra, automatically calculates salaries, bonuses and any other deductions.
Secondly, the payroll softwares comes with several advantages. With a good system you’ll be able to provide reports on payments and keep records of all employees paychecks.
*automatic deduction of any bonuses
*reduce paper works.
*tax deduction for all paychecks
*allows future planning of any finances
In addition, the manual way of payment is quite time consuming since each employee is paid at different time. With a good payroll management software, all employees payments are computerised hence the process is done at the same time for all.
Lastly, payroll management system ensures that a good back up on records I done. This helps avoid any confusion and conflicts between the employee and the Hr. Let your company get the best payroll software.