Salary Management, Payroll Controller, Taxation & Compliances. Zero Error, One Click Payroll!

Payroll software is a special-purpose HR software that helps in managing the complex task of disbursing salaries to employees. It does so by automating the entire payroll process. The software automatically calculates how much an employee should get paid, including taxes and any other deductions. It removes the need for manual uploads of numerous spreadsheets and makes payroll generation error-free.

The payroll software keeps track of important employee information and allows for direct deposits into their bank accounts.

Advanced payroll management software like OpportuneHR automatically gets updated with the latest statutory compliances, and helps you remain compliant.

A payroll management system also provides detailed analytics, like comparisons of monthly salaries and other such details.

Some small business owners think that because the number of employees is less, payroll processing can be done without payroll software. But on the other hand, many of them opt for payroll software and receive great benefits.

In our view, small businesses need payroll software even more than large organisations. Because SME and startup businesses have low HR bandwidth. And many times, an admin finds it challenging to manage complex payroll processes on their own. Manual uploading of numerous spreadsheets and calculations generates errors. That leads to business owners themselves getting entangled in the salary generation process.

Payroll software automates all payroll operations. The user-friendly interface makes HR managers' jobs simpler with dashboards, payroll controllers, and one-click payroll generation. Most payroll issues are taken care of by the software. Calculations are error-free.

Most importantly, the payroll reports and analysis help SME business owners to discover insights about their human resources costs. And helps them manage it effectively.

We say go for an SME HRMS and payroll system for your small business. The benefits are worth the payroll software cost!

Here are some essential features which must be there in a payroll software system of repute-:

Cloud-based payroll software is a must: An online payroll software makes the complete payroll process more efficient.

Automated Calculations: Ensure that the software automatically does salary calculations, deductions, and taxes.

Direct Deposit:  Look for options that support direct deposit for employee payments.

Tax Compliance: Check if the software helps with tax calculations and filings, and is updated with current tax laws.

Employee Self-Service Portal: A portal where employees can access payslips, tax forms, and update personal information. 

Reporting and Analytics:Features that provide detailed reports on payroll expenses, employee hours, and tax liabilities.

Integration Capabilities:​​​​​​​Ability to integrate seamlessly with existing accounting, HR, and employee time tracking systems is a must.

Customizable Pay Schedules​​​​​​: ​​​​​​Flexibility to set different pay schedules (weekly, bi-weekly, monthly) based on your business needs.

Mobile Access through HR App: Mobile-friendly options that allow employees and managers to access payroll information while away are important.

Support and Resources: Availability of customer support and resources for troubleshooting and guidance. Ask for tele-support.

Security Features: Robust security measures to protect sensitive employee data and salary information. Do ask for various security certificates from your payroll software vendor.

By focusing on these key features, you can ensure that the payroll software you choose meets the needs of your business effectively.

Accurate payroll processing needs much more than just salary calculations. A payroll solution streamlines the entire payroll generation process--

• Payroll software collects essential employee data such as wages, grades, work hours, and tax deduction information.

• The software processes this data to accurately calculate wages, including regular hours, overtime, and any bonuses.

• Once the calculations are complete, the system enables the finance authorities to lock the salary amounts to prevent any unauthorized changes.

• It then applies the appropriate tax rates and deductions based on current regulations, ensuring compliance with labour laws.

• After processing the salary, the software facilitates bank deposits.

• Finally, it generates payroll reports for HR and management, while providing employees with a detailed salary slip that outlines their earnings, deductions, and net pay.

That's how a great payroll software system like OpportuneHR helps you achieve fast, accurate, and timely salary disbursement.

A SaaS software like OpportuneHR will be cost-effective even for a startup.

The reason? You pay as per the number of employees in your organisation. So, the lesser the number, your cost is also low.

We are cloud-based software, so we keep on developing continuously. So you don't need to worry about development costs.

Do drop a message to us and our team will connect with you to understand your requirements. 

We customise and configure our payroll software system as per client's unique scenarios. This requires implementation efforts from our team as well as the client's HR and admin team. Commitment to such resources is not possible in a free trial.

Without such detailed implementation, any payroll software will not give you accurate and effective results.

Still some payroll software providers offer free trials to attract new customers.

As a responsible payroll solution provider, we don't encourage this practice.