What are the benefits of an Integrated HR and Payroll Software?

What are the benefits of an Integrated HR andPayroll Software?

When a company is moving from a conventional payroll system to payroll software, there are many conditions to consider because every business is different in its way concerning administration and other factors.

To be honest, hiring a payroll software seems to be the conventional method of payroll processing today. While choosing a payroll software, many benefits come with it because the central ideology of the software was created to reduce human effort and also save time.

Integrated HR and payroll software

You save time

One of the most critical factors every entrepreneur would like to hear because their valuable time could be spent on more useful things. With one-shot dashboards like inventory management, payroll management, recruitment management, etc., handle all your company requirements and take complete control of your company.

On an average, every employee takes 1 minute to do calculations, whereas a payroll software would be able to do that in 20 seconds with the help of automation. Also, consider spreadsheets, for instance, it would take about 5 minutes to calculate the hours put in by every employee whereas it would take only a few seconds to figure this and enter into the dashboard for salary calculation.

Stay Online and Updated

With the help of cloud technology, stay connected every moment with the help of an internet connection and also stay updated from time to time on the changes occurring in your company premises.

You stay more organized

With every module you require, stay in one place like payroll management modules have everything related to payrolls like deductions, permissions, having a track of every timesheet, leaves taken, etc. With a view like this, you would never need to search and retrieve data for easy perusal.

Reduce Paperwork

Since every information is saved in the cloud and not a physical server, you do not need to store the data on a physical paper which also leave no carbon footprint. This enables companies and the employees’ to view the data and alter it if required.

Accuracy

Automation is the key aspect when it comes to choosing your payroll software. When every module of the framework is automated, the only work left for HR’s and entrepreneurs is to store the data after any expenditure, the hours put in by every employee, etc. so that later you can create payrolls and create accurate budgets for the fiscal year.

Improved reports

By comprehensive reporting, get every report from pre-loaded graphs and charts for having a better understanding, physically whether the company is moving in the right direction or not. The employees’ do not need to spend much time on creating yearly and monthly reports which are required by the company because it is already available in your payroll software.

Reduced Costs

Even though many people may disagree that a payroll software is costlier than a regular calculation software, by choosing the right plan and the right software, you would be able to reduce costs drastically, and this remaining currency can be used on improving the infrastructure of the company.

Employee Self Service

By allowing employees’ to perform their duties like marking attendance, asking for claims and advances, this will enable them to hold power to ask for what is required and can be accepted or rejected by the upper hierarchy. Also by allowing them to view and change payroll information gives them the control and also an HR would be able to see their data which helps in avoiding misunderstandings and discrepancies.

Make accurate tax payments

One of the critical part when it comes to running a company is paying taxes and other payments on time because if it is not compliant with the government norms, you would have to pay huge penalties. With the help of automation, make the right deductions so that you do not burn a hole in your employees’ pocket.

Dedicated Customer Service

Every software tends to break because of a ‘bug.’ To assist you with this, a reasonable payroll software must come with a dedicated customer care service to help you out with urgent needs and requirements.

There are many more benefits of choosing a payroll software. Choose HR2eazy, an integrated HR and payroll software to reduce your time in making calculations and reduce the functioning cost of the company. Please visit www.hr2eazy.com for more information.

 

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What are the main reasons to opt for a payroll software in Malaysia?

What are the main reasons to opt for a payroll software in Malaysia?

When it comes to an organization, from an entrepreneur’s point of view, many questions arise when it comes to their payrolls because it is the most imperative part of an organization. The other factors which are very important to run a business are making payments to employees’ on time, paying specific taxes, choosing the right person for the job, have a note of all inventories, managing travel, leave management, training the peers and many more significant functions. By choosing a payroll software, you get to do all these tasks in one place so that there is no need to search for data and make wrong calculations which might cause dearly to the company.

hr2eazy versions

But entrepreneurs think differently like they usually do to cut costs and run the company more efficiently. The most common questions we hear entrepreneurs ask of why they need to opt for a payroll software are given below for a better understanding.

How would it be beneficiary to my company and me?

By opting for payroll software, you get all the freedom and all the diversification required to note down all the key aspects and their expenditures. When you can see all of the information on a single page, how easy would it be to develop your company rather than calculating every time your company has invested in something?

2) Why don’t I hire an HR and make them do all the job

An average HR in Malaysia gets paid up to 50000 RM and more in a single year. Payroll software is not trying to take out their job, but by buying an HR software which can deliver all the functions that they can perform would cost only up to 3000 RM or lesser based upon choosing our versions for your company. If you are looking to reduce your operational costs, you save more than 45000 RM a year which can be spent on hiring more people for improving your core business for a more significant expansion and many more.

3) Why don’t I use a basic software where I can save all the data for my company expenditures?

By using a software, saving data is the toughest part. When there may be different expenditures when it comes to running a company, it is very imperative to save the data and retrieve it for future purposes. A small mistake can cost you dearly because it would ruin the calculations and would cause you great misery. By opting for payroll software, save all your data in the right place and make sure it stays that way. You can add future expenditures to it anytime you want, and since the whole point of choosing a payroll software is that the entire system is automated, the chances of errors to occur are very less since technology is continually developing.

4) Would my information stay confidential if I outsource my payrolls?

When it comes to security, all the data is saved on a cloud server, which is like the best technology at the moment when it comes to securing your information. By saving it on the cloud, you also have the facility to access and change the data anytime you can’t, which means you don’t need to go to the office every time to search and modify information.

5) I have just begun my startup and looking to calculate everything on my own. I just don’t need a software to calculate my bills since it would just pile up on my bills.

When it comes to a startup, your resources and money are all you can start off with. While handling numbers are of lesser priority, the most critical function is to improve the core business. What are the most critical calculations required when it comes to beginning a start-up, an accurate timesheet which denotes every employees’ contributions to the company, generates payrolls obviously, pay taxes to the government to avoid penalties, download payslips for bank purposes? We at HR2eazy have come across this and have come up with a plan HR2eazy Mini Free which offers all the above features free of cost.

Not only this, with other versions like HR2eazy Mini Basic, Mini Professional and Premium you get to choose from a wide range of options like

  • daily pay calculations
  • approve reports
  • add attendance shift allowances
  • integration of attendance marking devices
  • travel management
  • KPI management
  • training management
  • petty cash management
  • inventory management

And this does not stop over here; we would tend to add more features according to business trends and requirements.

To know more about our products and services, please reach out to www.hr2eazy.com so that we can concentrate on designing your payrolls while you can focus more on developing your organization.

Why there is no need for HR Departments for your Company

This is the moment where every HR friend gets mad at seeing this.The roles performed by an HR are very critical since they deal with flowing numbers and also manage all the data related to the company. But with new technology in our hands, you could diminish the use of an HR by using a payroll software.

Responsibilities of hr - HR2eazy

Let us explain you the various roles an HR has to perform while working for an organization.

  • Recruitment
  • Salary Determination
  • Grading Positions
  • Coaching Employees
  • Data Maintenance
  • Allowance and other compensations
  • Talent Management
  • Attendance & Leave Management

These are all the critical tasks every HR should know while joining an organization. When most of the payroll software can outperform every mentioned activity along with many more features, there is a doubt when it comes to hiring an HR.

It’s not that payroll software was created to diminish HR job vacancies in every company,  but small organizations who are depending solely on the core competencies, instead of hiring a person who has limited capabilities, it is easier to hire a payroll software which can outperform HR duty roles in every other way.

Let’s just break down more reasons to opt for a payroll software instead of hiring an HR for your company

1.Calculations seem very easy until there is a discrepancy or data loss. When it comes to HR software, the chances of errors made in calculations is very less since everything is automated.

2.Every information required by the company like key point indicators, petty transactions, inventory management etc are to be held in different folders which may get lost or misplaced. By using an HR software, know where all your data belongs at the perfect venue and the possibilities of the data to change are close to impossible since data is centralized and saved onto a secured cloud server.

3.The very first thing an entrepreneur thinks is to save the money on every expenditure. When it comes to hiring an HR, take for example, when it comes to a small company with close to 50 employees, there is need of one or more than that. By using a payroll software, the expenditure gets cut down by more than 50% when it comes to statistics.

4.There is no need for human interaction while running the organization. If an HR has to perform his tasks for the day, there needs to be a finite amount of interaction with the employees for a flawless workforce. This might be tricky sometimes because fraudulence can happen if the HR is partial. Destroy this factor by making employee make their own decisions and also be able to see everything like seeing through a transparent system.

5.Creating payrolls for an organization is the most important part. When there is the possibility of errors being created like Tax discrepancies, salary discrepancies and other mistakes which might cost you penalties, choosing an HR software will reduce the mistakes since everything is automated, payrolls are processed by the information which is fed into the software.

6.For a startup, there are only limited resources, like whom to see to market the product, following up the client so that the product gets delivered successfully, making constant changes that affect the company in a better way. To achieve this, there is need of competent candidates who would be able to pull the job. When it comes to HR functions, other than going through the numbers, there is less need for an HR to be hired. Instead of that, enrolling with a payroll software engages you with more time to concentrate on selling your product, rather than checking the accounts department for finding out the lost money etc.

Let us give you a better insight. When it comes to any company on delivering the product, there are mostly three stages involved

  • Pre-Production
  • Production
  • Post Production

Pre-Production

This stage involves in what product to create, things required to buy the product, work needed to be placed in order to complete the product and who are the target audience are all decided in this important stage.

Production

In this stage, the raw materials are all processed to the finished product and is altered to fit the requirements of all clients in different industries

Post-Production

Like every stage, this is also important where marketers and other departments try to sell the product to the targeted clients.

You would think where does an HR come in all the three stages. The HR is the mind behind every calculation in all the three processes. They are the one who hires the people required for every position in the company. With a payroll software, even experienced peers can be allocated to hire, infer data etc. which clearly explains that there is no need for hiring an HR.

To know more about the working of HR payroll software, please try to reach for www.hr2eazy.com. Hr2eazy helps you in performing all the required tasks needed to be performed by an HR on a single cloud server which helps you to work on improving the company.

How to use Time Management effectively for your organization in Malaysia?

Perfect balance in life is attained by handling our time wise and precise. From recruitment to retirement, the HR is responsible for every activity happening in the company. As an HR Payroll Software, we offer you wide range of options and solutions so that the time invested by you in performing your daily actions would be less.

management effectively for your organization in Malaysia-2

KPI MANAGEMENT

A better employee brings in more returns to your company. We analyze the best performer from the others so that they can be promoted or given an appraisal. Moreover, your team’s performance can be plotted to see whether your company moves in the right direction.

 PAYROLL MANAGEMENT

Even for a small organization, handling the cash flow and maintaining payrolls for your employees can be a tedious process, that is the reason why we help you out in creating a payroll for every employee.

 LEAVE MANAGEMENT

Anyone can fall sick during a very important phase of the company. We help you to realize every employee who could not make it to the office and also make sure you are aware since we know how important for you to follow the workflow.

 TRAVEL MANAGEMENT

For many companies, traveling seems to be the highest expense annually. Managing the travel expenses could not go as planned. We handle the complete cash flow and allocate credits for the whole year so that even a ringgit is not wasted for your other needs.

 INVENTORY

We understand every asset added to the company is to improve the infrastructure or for an enhanced user interface. We monitor every resource added and the ones leaving the organization.

 RECRUITMENT

As an HR, hiring the right employee always brings in more business than usual. We allocate the best service for you to go with the right employee for the right skill set required and also make your better returns come seeping through the ceiling

 PETTY CASH MANAGEMENT

The company keeps track of all the major expenditures made, but small transactions like advance payment and other inventory purchases might go missing. This module is completely aware of all the petty cash transfers so that no credit goes missing.

 Not only this, we have a wide range of modules to suit every business needs in Malaysia. As an HRMS, we do take care of all human resource needs for better transparency and continuous improvement. By choosing HR2EAZY, we aim to reduce every HR’s burden so you have more time to concentrate on things you love, developing the organization.

 Please do visit our website http://www.hr2eazy.com to understand our HR Software and choose our product for your esteemed organization today.

How companies used HR Software to improve their business operations

How companies used HR Software to improve their Business Operations

There are plenty of business firms in the IT sector today but only a very few have been maintaining a successful productivity ratio in HRMS system. Have you ever wondered about the possible reasons behind it?

How companies used HR Software to improve their business operations

Managing the workforce of an organization is the prime focus of the firms using HR Software for successful business operations. The deployment of complete HRM Software is the key to maintain a large workforce without too much of operational glitches.

Hotspot of improved productivity

It has become a mandatory thing to keep up the consistency of the performance of a firm. Therefore optimizing the resource management skills in today’s competitive business industry has become an inseparable part.

Eventually there are not too many firms equipped with optimized HR Software. Only a few with better insight and a plan for a sustainable growth have chosen such software.

Reasons for using HR Software

A lot of firms have improved the standard of their firms by saving enormous space for record keeping after the deployment of good quality HR and Payroll Software. Payroll Software is the attached benefit enjoyed by most of the companies using optimized HRM Software.

A wide-spread need for enormous storage system is reduced because of HR Software which could reduce the substantial space to store sensitive data. Features such as retrieving the necessary information in just a click received ample amount of support by the users operating the HR Software across the globe.

The companies have made a bug free zone for accessing the necessary information without any time constraints i.e. with the readily available mobile applications for both Android and IOS users, the data can be accessed 24*7.

It becomes much easier to organize and recall needed information when records are kept in an automated system.

Depending on an organization’s existing systems and the features of their deployed software, the adaptability of the particular HR Software could be measured.

The HR Systems allow the communication of users even from remote locations in emergency situations. Provided is a company has multiple locations across a large geographical area, the HR software can help establish greater consistency in systems and standards.

Features to be looked upon.

The advanced HR Software clubbed with Payroll benefits and called as HR Payroll Software could be stated as the ideal system that provides comprehensive features for successful business needs. Take a look at the trending features that companies having advanced HR and Payroll Software enjoy,

Features HR Payroll Software

  • Optimized attendance management facility
  • Exclusive dashboard for each and every employees
  • Organized leave management system
  • Access to download and submit government forms such as LHDN, SOCSO, KWSP and Zakat calculation.

HR Software with Payroll package

As said above, the organizations using HR Software will certainly have a Payroll Software. It is primarily used for Pay Slip generation and performing other finance related operations to the employees.

Technically the companies using HR and Payroll Software have become strong and could able to push their limits anticipating greater productivity.

Click on http://www.hr2eazy.com/ to get details about optimized HR Software.

Trending Leadership Qualities to manage HR and Payroll System

Trending Leadership Qualities to manage HR and Payroll System

Great leadership is the key to unbelievable break-through even though the world is running after hot technology updates on a day-to-day basis. Despite frequent changes in the trends, it is really hard to pull off the market in any business if there is a lack of leadership quality.

The epitome of good leadership allows an organization to overcome any struggle for adopting new changes or trends in the market.

Do you think leadership is something pertaining to an individual? Well, the perception could be slightly incorporated with the performance of top-level management in a firm.

The decision maker should be clever enough to catch the pulse of potential talents available in the organization.

Employee management skills

The HR and Payroll System of an organization carries the entire management in a nutshell. The HR professionals responsible for employee management should

Trending leadership qualities to manage HR and Payroll System

  • Cater unique insights to the employees
  • Help them understand the system with proper guidance
  • Have the quality of listening employee queries
  • Provide employees with timely solution
  • Conduct seminars to gather new ideas in regular time intervals

Responsibility allocation

The top management of an organization should allocate suitable professionals in order to avoid multiple delegations for a single employee. It is usually done to reduce the workload and thus increasing the efficiency of HRM System in quick succession.

Inspire for a better HR and Payroll System

One of the salient features of a good leader is the ability to inspire people. In fact, it is considered as the foremost quality.

The HR and finance professionals shall inspire their employees by showing them the right way to do things, making them understand the flaws in a closed environment with composure and most importantly addressing their issues without significant delay.

Every professional should represent the face of employees of their organization and should never condescend to them.

Harmless and agile nature

When it comes to managing a team the easy-going attitude is very important. At the same time, immediate and fast action helps keep the company growing and thriving.

Intelligent leaders possess the ability to convert a mediocre result into a distinctive one upon working on the shortcomings precisely.

Open-minded thinking and Positive attitude

These two qualities always make a great leader and HR Payroll department is not an exception. Though it is a new technology or brainstorming new ideas and strategies, the level of dedication should be the same.

Great philosophers had said, “The excitement factor is the driving force to learn new things”. You should be ready to accept challenges while delving into an unexplored area. People with a positive attitude could achieve big targets on time.

Undoubtedly, good leadership is the most valuable asset that a company could afford for its development. It involves the necessary assistance, adaption and figuring out the possible ways to implement for the betterment of business processes.

Advance HR Payroll Software – HR2eazy

Advance HR Payroll Software – HR2eazy

HR2eazy

HR2eazy Premium is a comprehensive HR and Payroll Software service provider. The processes of employee management and payroll management are designed specifically based on the demand of clients.

Advance HR Payroll Software – HR2eazy

HR2eazy is a Malaysian based company having branches worldwide.  HR2eazy contains numerous self service features to facilitate the needs of employees on a larger scale. The resource management has become a very challenging task these days and professionals require HRM Software which would serve all the needs of Payroll and HR System. HR2eazy Premium is exactly the type of software suitable for such organizations requiring highly configured HRM Software.

Scale of Business

The scale of a business in an IT sector is calculated based on work force and demands of an organization. As far as HR2eazy Premium is concerned, HR and Payroll Software meets the highest standard of requirements.

Packed features

In general, HRM Software will be equipped with basic features such as leave management, attendance management, leave approval facility, holidays tracking and other primitive functionalities. HR2eazy not only contain these basic features but also facilitates the users with additional task management options such as providing attendance integration with biometric device and attendance shift allowances, viewing daily pay calculations and Special allowances, downloading government forms (EPF, IT) etc. to optimize the work of HR Professionals and employees to yield better results.

Top Rated Product

Obviously, HR2eazy Premium is the highly rated or top most product of Hr2eazy and the Payroll and HR Software offered by HR2eazy Premium simplifies the complicated processes involved in HRMS and Payroll Management. The idea is simple, integrated and efficient providing comprehensive services to Human Resources Management and Payroll Management.

Significance of HR2eazy Premium

 The significance of HR2eazy Premium Payroll and HR Software is the simple and user-friendly accessing features in a modified infrastructure. Customization is another salient feature of HR2eazy Premium which creates a cozy space for users to manage the resources. Human effort is reduced to a phenomenal extent upon the usage of HR2eazy Premium’s HR and Payroll Software because of its comprehensive and integrated features. The access to employee information 24*7, mobile access to HR2eazy (IOS and Android) including Kiosk machines can be included in the added benefits of HR2eazy Premium. Overall, the completeness or integrated infrastructure is the key factor for the clients to take up HR2eazy Premium for the growth of their organization.

For more info, Click : http://www.hr2eazy.com/