Payroll Software More Than Software As A Service

Software as a service (SaaS) is a software development model in which a provider licenses an application to customers for use as a service on demand

. SaaS software vendors can host the applications on either on their own web servers or download the application to the consumer device.

It is a concept that has been gaining so much popularity over the recent years because it offers an efficient alternative to loading and hosting a multitude of software programs on a companys IT network or individual computers.

SaaS is widely used in most businesses as it provides a number of benefits to the entire organisation particularly in the area of finance, payroll, HR and IT teams, which are all directly affected.

Payroll software for instance tremendously improved payroll accuracy through the introduction of streamlined procedures that notably reduce time-consuming process like personal and variable data collection and input. Inaccuracies and last minute data entry risks are also minimised with the help of manager self-service (MSS) and employee self-service (ESS).

But payroll software offers more than just a simple software as a service, it also provides time and labour management as well as the basic payroll functions like time and attendance system that allows you to record when your employees are working, what they are doing, and how long it takes them to do it.

And since payroll software is a web-based program, it allows your employees to input and amend data anytime of the day, anywhere they may be. As a result, it can be integrated into the payroll and HR system, which means that the said data is available for managers or payroll staff to analyse and eventually enables more efficient management of teams, smoother, and more amenable payroll and empowered employees managing their work effectively that then removed the risk associated with double input of the required data.

by: Jacob Davis

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