What You Need to Look for in Payroll Software
Payroll software takes away the hassles of manual calculation of each employee’s pay. It drastically cuts down processing time and errors, which means that your staff always get paid for the right amount at the right time.
A quick Google search for “payroll software” shows that there are tons to choose from. But what exactly should you look for when choosing a payroll software for your business? Here are some of the items you need to consider before buying:
Easy to Use
The reason why you’re buying payroll software is to make things easier for you. That’s why, first and foremost, it has to be easy to setup and use. It should have a convenient method of adding information to the software and it shouldn’t be confusing to use.
For added convenience, consider purchasing cloud-based payroll solutions over traditional, desktop-based software. They allow you to access your account via the internet anytime, anywhere, on any device — including mobile. Some cloud-based payroll software also offers an employee portal, which lets your staff see how much they are earning, as well as other important info.
Payroll software handles a lot of sensitive information. Needless to say, it has to be secure. If considering a desktop-based solution, make sure that it encrypts the data inside the computer — although you might have to take additional steps to further secure the computer itself. Also, make sure that it has password protection and permission levels.
While cloud-based payroll software takes away most of the stress of securing the data on your end, make sure to ask how they are properly safeguarding your data on their servers. Make sure that they connect to you on a secure layer (ex. the address starts with https instead of http.) In addition, find a cloud-based payroll software that uses a secure password and two-factor authentication.
Every business wants to grow. And your payroll software has to be ready to handle a growing number of employees. It has to handle multiple sites at the same time, accounting for each site’s different requirements.
Handles Taxes and Benefits
Payroll isn’t just about calculating employees’ paychecks, it also handles their taxes and other benefits. Whatever payroll software you choose, it must be able to accurately calculate deductions for tax, social security, healthcare, and other benefits such as pension. In addition, it must be able to update itself whenever new rates are released.
Reporting and Cost Tracking
Whatever payroll software you select, make sure that it automatically generates reports for you. It should show you important information such as individual paycheck history, deposit detail, deduction history, and more. In addition, it should help you track overall costs to help you manage each cost centre.
Back Pay Support
Calculating and settling former employees’ back pay is very tricky. Make sure that the payroll software you’re purchasing can handle back pay on your behalf, ensuring that it is settled quickly and accurately.
Being able to work seamlessly with other programs is a big plus for a payroll software. Check if it seamlessly integrates with your accounting software, your enterprise resource planning (ERP) platform, and other programs. This allows you to have a bigger picture insight on your business with data exchanged across these solutions.
Tanda works well with the world’s leading payroll software, whether they are cloud-based or desktop-based. Its payroll integration feature it exports approved timesheets with gross wage calculation straight to your payroll software with one click. This means that it can further cut down your payroll processing time from hours down to minutes.
Click here to find out which payroll software works with Tanda.
Product Updates |
Tanda Time Clock Now Available for the Desktop
We at Tanda are pleased to announce that our time clock application is now available to download for Windows and macOS devices. Starting today, employees can have the same experience they’ve always enjoyed with the tablet version of our employee time clock, but now on the desktop. It accurately records employee attendance and compares it with the weekly rota. It also updates the timesheets automatically to the cloud and stores it offline when the device is not connected. And if the computer has a webcam installed, it can also take a selfie of the employee when they clock in and out just like the mobile app! There are so many great uses for Tanda Time Clock for the Desktop. You can now have employees clock in and out in their respective desktop workstations instead of going to wherever the tablet is located. It can also be a backup option if and when your office’s main Tanda Time Clock is unavailable. Remote employees can also use the Tanda Time Clock for the Desktop to clock in and out using their own computers. Existing users can click here to find out how to download the Tanda Time Clock for Desktop. Are you a new user? Signup for free here to use Tanda to track time and attendance for your business, and so much more.
Rota & Compliance UK |
Desktop-Based or Cloud-Based Payroll Software?
In today’s rapidly-changing business world, the question is not whether or not you should get a payroll software solution for your business. Rather, it’s what type you should get. Before getting into too much detail, the first question you should ask is whether you should get a desktop-based or a cloud-based payroll software. And understanding their differences can help you zero in on the software you will purchase. Desktop-Based and Cloud-Based Payroll Software Desktop-based payroll software installs itself on your computer. Usually, you purchase it as a disk or a digital download from the manufacturer’s website. The computer locally stores the software and your payroll data. On the other hand, cloud-based payroll software isn’t installed on your computer. All you need to do is login to the site with a web browser, and then you start using it. The software and your data are stored remotely in a secure data centre. Internet Connectivity Desktop-based payroll software doesn’t necessarily need constant internet access, except when sending data to organizations such as banks and tax institutions. You’ll also need to have internet access whenever the software has an update. On the flipside, cloud-based payroll software needs to have constant internet access to work. This is because all the data and calculations needed to process payroll is located on the remote data server. Access By definition, desktop-based payroll software is only located on the computer where it is installed. This means that once you’re off-site, you won’t be able to access your payroll information. Another caveat is that it’s only compatible with the operating system it was built upon. So if your business solely uses macOS or ChromeOS and the software you’re planning to purchase works only on Windows, you might have to get a Windows PC. Cloud-based payroll software only needs a web browser to work. This means that you can use it on any type of computer (or even a tablet) anytime, wherever you may be as long as you have an internet connection. And some of these solutions also offer an employee portal that allows your staff to look at their own payroll information. Security Most desktop-based payroll software encrypts the data it processes on the computer. Some can only allow you to use the software once you’ve entered a password. On top of that, it’s up to you to secure the computer itself by purchasing antivirus and other cybersecurity software. Cloud-based payroll software hosts all your information on a data centre that has multiple layers of security. And whenever you’re accessing the software via the internet, the connection is encrypted using SSL (secure sockets layer) certificates. Updates More often than not, desktop-based payroll software receives its updates via the internet. It either gets updated automatically or will require you to manually check whenever an update is available. That means that you may have to wait a while for bug fixes or feature updates. Meanwhile, cloud-based payroll software automatically updates without you even knowing it’s happening. That means that updates can happen at any time. Whenever a bug is discovered, it is fixed immediately. If there are a lot of customers asking for a certain feature, developers can make them and have it up in no time. Your user experience can get better every time you use the software. Cost As with other traditional software, you have to pay a huge one-time fee to purchase desktop-based payroll software. Regardless if your business has five or fifty employees, the cost remains the same. And if the company releases a brand new version of that software, you may have to buy it upfront once again. Most cloud-based payroll software has a more cost-efficient payment scheme. Instead of you paying for the entire software upfront, they only charge you a monthly fee based on the number of employees you have at that time. Which should you choose? In today’s business landscape, cloud-based payroll software is clearly the better choice. Internet connectivity so ubiquitous, giving business owners and managers the ability to work anywhere. It’s more cost-efficient as you only pay based on the current number of employees you have. And it has better integration with other business software. Payroll Integration with Tanda Tanda’s payroll integration feature allows it to seamlessly work with the world’s leading desktop-based and cloud-based payroll software. This cuts down your processing time from hours to minutes. Tanda works with desktop-based payroll software by exporting approved timesheets with gross wage calculation as a file, which is then imported into the software for processing. Cloud-based payroll software doesn’t need this step. Once integrated, Tanda and your cloud-based payroll software of choice sync data between each other. It gives you more time to focus on your business. Click here to find out which payroll software works with Tanda.
Rota & Compliance UK |
Why Employees Love Tanda Workforce Success Software
Plenty of companies are using workforce management software to help them become more efficient and productive. But how can the same software help improve the lives of the team, the most valuable part of the business? We created Tanda with the whole team in mind, that means both employer and employee. Here are some of the benefits that employees gain when a company uses Tanda. Mistake-Free Time Records and Paychecks Companies that still manual methods for timekeeping and pay calculation can cause employees to second guess if they’re really getting paid the right amount every time the payslip arrives. Switching to the Tanda employee time clock ensures your staff that their daily attendance is recorded accurately. Once recorded, their Tanda timesheets are automatically calculated through the wage calculator to account for up-to-date labour regulations. Better Work-Life Balance People that enjoy a healthy work-life balance are those that are more fulfilled and productive. Tanda’s unavailability calendar feature lets employees tell their managers whenever they might not be open for shifts. This helps the company create the work schedule around each person’s unavailability. This means that employees enjoy coming to work every day since the business fully supports their personal lives and goals, instead of clashing with it. Once in while, employees will need to take time off work for sick, vacation or other reasons. Tanda’s leave management feature lets them file a leave request using the time clock or a web browser. Management sees the request instantly on a dashboard that also shows important events, upcoming shifts, and remaining time off allowances. This takes out all the hassles involved with filing, processing, and approving time off requests. Quicker Schedule and Payroll Processing Employees need to know their schedule well ahead of time so that they can better plan their upcoming week. Tanda’s web-based rota software cuts down the time companies spend making the weekly shift schedule. Once finished, Tanda sends the upcoming schedule to staff instantly via SMS, email or syncs directly with their calendar apps. This means that employees can find out their upcoming schedule ahead of time instead of them finding out only a day before and causing staffing issues. The last thing employees want to happen is their paycheck getting delayed. According to a survey by the American Payroll Association, 37% of employees say that they financially struggle if their paycheck were delayed by at least a week. Tanda’s payroll integration feature seamlessly lets Tanda exchange data with your company’s payroll software. This cuts down processing time from hours to minutes, ensuring that employees get their paycheck on time, every time. Making Work Easier Employees aren’t able to work productively when they are overstretched with too many customers on a given shift. Tanda has a Predictive Workforce feature built-in with its scheduling software. It uses sales data from the business’ point-of-sale (POS) to give an accurate forecast on how many people are needed on any given shift. This means that your team can work without being over or understaffed at any period of the day, resulting in a smoother work day and a less chaotic workplace. Increased Trust A workplace that truly trusts each other achieve great things together. According to a survey done by Interaction Associates, 86% of employees say that they are more productive if they trust their employers. A separate study by advocacy group Trust Across America found that trustworthy companies outperform companies in the S&P 500. And building that trust starts with transparency. Employees must know that their company is working in the interests of all and they are open about the information that matters to them. With Tanda, employees have access to a portal that let them know their time and attendance records, time off allowances, and upcoming shift schedules. Makes Work Fun People are more motivated to perform at their best in a fun and fulfilling work environment. And Tanda is designed to make daily tasks that were previously seen as boring a completely enjoyable experience. Instead of punching a timecard or jotting their name on a logbook, employees clock in by taking a selfie on the Tanda Time Clock. Starting the workday with a smile can change the employee’s whole perspective, which can lead to a better rapport with customers and fellow coworkers. And with Tanda doing most of the admin work, employees have more time to do the things that matter to them. More than just having a fun work environment, employees want to know that they are doing makes a difference to the business. Tanda’s features like real-time wage reporting let employees take control of their work and better benchmark their success. Why Workforce Software Matters for the Team For the modern employee to work their best, they need to feel that the company has their back. They need to know that the company they’re working for pays them correctly, supports their life commitments, and effectively communicates with them at all times. Companies can make all these happen for their team by taking down outdated processes. Using workforce management software such as Tanda, employees are more motivated to work, empowered by a platform that allows companies to drive trust, engagement and the ultimate employee experience.