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Best Payroll Software For Small Business 2020

In life, would you ever prefer anything that is less than the best? If you have the means and the desire to get the “BEST”, you will in no way settle for less. Same is the case with entrepreneurs, they want the best of technology and people in their organisation. But the ample choices they are exposed to, make it hard for them to select one. 

So, in this blog, we tell you about the advanced features that the online payroll software India has.  So, take a cue from these and make sure the HR software you choose has all of these. 

  • Quick error recognition-Though the chances of errors happening are futile, some of them may still prevail. But, different payroll software works on different algorithms. The same makes the world of a difference and help you in selecting the best online payroll software India has to offer. While you take the demo, you should check if the software runs an error check before processing the payroll. Does it show the error in detail to you or not? If it is capable of comparing pay elements from the previous month trends, it is alright, otherwise, you should rethink.
  • Right validation methodology-

After the error is being spotted by the Payroll and HR software, if there is no process in the software that can help you with the validation, payroll software is surely not the best. Instead, look for payroll software that has a good validation method. The best one that we have come across by far is the 3 dimensional report methodology. The report comes in three views: vertical view, horizontal view and drill down view which gives you a view of salary with pay elements, a month on month comparison and details of the pay groups for you to get to the problem respectively. 

  • Impeccable compliance-Compliance is a big problem for HR. The struggle between processing the payroll and taking initiatives to keep the employees happy is real. The tax and employment laws keep on changing and keeping a tab on them is difficult. Ask the existing clients about how quick the software is in updating the changes automatically. Moreover, check if the challans like PF, ESI, bonus, gratuity can be created using it in formats recommended by the government and you should be sorted on this part.
  • More and more compatibility-

Compatibility is one of the most required aspects in today’s landscape especially due to the gig economy and different nature of jobs and flexible work policies. When the online payroll software India has is able to integrate itself easily with software like SAP B1, Microsoft Navision, Tally,  Oracle and more. 

Does your current software have these features? Are you looking for Online payroll software India has? If yes, then you can begin the hunt for it as soon as possible but do remember to choose the payroll and HR software that has all of these advanced features. 

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