Payroll Software for Small Business in India
SMEs are the future of our country. With the economic downturn and several large companies laying off thousands of employees, small-scale companies have thrived and have been responsible for providing jobs for many during these difficult times. The SME sector generates approximately 110 million jobs every year contributing to 40% of the workforce. But in their hustle to keep going and improve their productivity and growth, SMEs often overlook the payroll management process.
Best Payroll Software for Small Businesses
Payroll Software is a cloud-based solution that automates the management of salaries, wages, bonuses, benefits, and deductions. Additionally, Alp’s payroll software for small businesses is robust, well-integrated and configured payroll software can help maintain 100% compliance with tax regulatory laws and other financial regulations.
Payroll execution is a crucial task for any organization. As managing payroll for small businesses can be a time-consuming, tedious task it’s better to engage in a third-party Payroll outsourcing company. A dedicated Payroll software for small businesses can help automate the payroll process and maintain compliance with tax and labour laws while allowing them valuable time to concentrate on their core business operations.
How can Alp’s Payroll Software Help SMEs?
Alp Consulting is considered one of the best payroll software providers for small businesses. Reason? As the owner of a small business, you may wonder and hinge back a little when it comes to investing in payroll software. And rightfully so. We understand the qualms of small businesses which is why we have designed one of the most affordable Payroll Software for small businesses in India that can help automate your organization’s entire payroll process and allow time for your team to grow your business.
Some ways Alp’s Payroll Software can help small businesses are-
- Simplifies the payroll processing by automating all payroll-related tasks- attendance management, error-free salary disbursements accurate calculations and deductions.
- Reduces the risk associated with maintaining compliance with tax and labour laws.
- Avoids errors that can end up costing you heavily.
- Generates timesheets and payslips automatically.
- Improved data security.
- Alleviates the HR Workload by optimizing the payroll.
Features of Alp’s Software for small businesses
Manage your people with ease using the best features of our Payroll Software for your business. We offer some of the best features and are known to be one of the best companies managing payroll software for small businesses. Some of the important features our payroll software offers is-
1
Time Tracking Integration
Our software offers a time-tracking module to help keep track of your employees in different time frames. They can easily log in and log off on the portal, as and when they start their work and finish respectively, avoiding the hassle of manual entry and improving efficiency and accuracy.
2
Direct Deposit
You don’t have to run behind HR anymore to resolve your salary issues regarding deductions etc. Our payroll software integrates an employee portal that will generate a payslip as soon as your salary is deposited into your account. You can access your salary slips to get details about any cuts, tax deductions etc. It reduces the burden of printing and distributing paychecks to your employees.
3
Compensation management
Competitive pay is an important parameter to be met in today’s war to acquire the best. Our compensation management tools help you allocate and manage a budget that aligns with the company’s goals. It helps attract employees much more easily in a talent-short marketplace and facilitates rewarding employees without compromising on the budget. We provide small business payroll solutions to give you data insight capabilities that help increase efficiency in making the case for bonuses, cost of living compensation increases, increases based on merit etc.
4
Employee Self-service
The employee self-service feature eases the process for employees who wish to change any personal confidential information in their profile at any point in time. It gives them direct access to their leave balances, w-2 forms etc, reducing the workload on the HR crew, and giving them time to work on other essential tasks like making policies to better company culture and accountability.
5
Payroll accounting reports
Running payroll reports is quintessential for an organization. Alp’s payroll management software can generate reports to give you quick, easy insights. Our HR payroll software customizes payroll reports allowing you to track expenses, hours, benefits, and other information. These customizable reports help identify areas where you have overspent your resources. With our software, you will have complete access to all the payroll reports generated.
6
Tax filing
Our software has updated information regarding changes in tax rates. Automating your tax filing process with our payroll management software gets easier as it eliminates your need for guesswork on deductions and streamlines the tax filing process and generates W-2s.
7
Payroll integration
Payroll integration that you can seamlessly plug into your existing programs, apps, and partners to meet the needs of your company and employees. We have one of the best Payroll software for small businesses that helps automate the flow of data to and from HR and Payroll platforms respectively with immense ease. You can leverage systems without the hassle of time management or poor user experience. We specialize in managing payroll for small businesses as our payroll software helps you integrate technology into the existing platforms of your organization.
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Benefits of Alp’s Payroll Software for Mid-size Businesses
Workforce management is no joke. You need strong HR Payroll software to streamline your payroll process and take some burden off your HR team.
Some of the major benefits of using Alp’s Payroll management Software are-
1
Reduces processing time
Businesses tend to spend a morbid amount of time on payroll processing every year. Reduce your processing time and eliminate errors by automating your payroll using our payroll management software system, you can save critical time allowing the HR department to focus on other key areas.
2
Error-free payments
Our payroll software for small businesses will greatly reduce the possibility of human error, including inaccurate data input and accidental deletion of formulas.
3
Data security
Our small business payroll solutions will help secure your data and will eliminate the loss of data of any kind. It protects employee payroll data with conditional access like password protection etc.
4
Cost-efficiency
Our highly affordable payroll software for small businesses and mid-sized businesses do not burn your pockets. Our payroll software comes with a payroll module that provides cost-effective solutions for managing payroll for small businesses.
5
Compliance management
Our payroll management software created for small businesses will keep you updated regarding any changes in tax rules and regulations as well as tax filing laws. It allows you to easily calculate any changes.
6
Employee monitoring
Relying on traditional methods to monitor employees across your organisation can get tedious, especially if you are expanding your business. With our payroll software, you are equipped with an employee calendar through which you can easily monitor leaves, and overtime with a click of a button and get a picture of employees present and the hours they have worked.
7
Reliability
We boast one of the best payroll software for small businesses that is extremely reliable and gets the job done with minimum monitoring. You can be assured of an error-free timely payment with our payroll management software.
Frequently Asked Questions
- Accurate, timely payroll processing.
- Provision of required reports/data to the client to gather the required information.
- Providing payslips to employees.
- Providing a platform for GDPR-compliant data transfer between the bureau and the client.
- Understanding the client’s needs and developing better ways to run the payroll.
- Responding to client requests/queries swiftly.
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