Things can be a lot more difficult, whether you are preparing payroll for 50 employees or 1,500 employees. It might be simple as you think, but all details have to be accurate. Parfait Payroll does not pretend to be an HR system nor a timekeeping system. Parfait Payroll simply covers all the payroll processing requirements. Other payroll systems complicate things. The designers and developers of Parfait just had 3 big words in mind to make sure that you get your processing as it should be. Parfait is available to most business setup.
Three big words in payroll processing.
1. Easy. Challenge number 1: Even a non-accountant can do your payroll. Because the screens are highly intuitive and we just included the details that are really necessary to process payroll. We are done with all the technical jargons of payroll processing. There is also easy access to employees to get details of their earnings and loan details. By this, the payroll processor’s time is simply devoted or focused on getting other things done.
2. Quick. Another word may be lightning speed! This is the dare. You can process payroll for about 500 employees (perhaps even 1,500) in half a day. The question is how? Parfait Payroll is equipped with uploading features from your favorite MS Excel spreadsheet. As a matter of fact, you can start Parfait Payroll by pointing, clicking and loading pertinent data such as employee list, previous employer details, loans, and historical earnings details that will come from your spreadsheet payroll or arcane payroll system. Not only that, even with different geographical sources of time transactions, your payroll will be done in no time at all. Because with Parfait Payroll, there are no secrets!
3. Compliant. With Parfait Payroll, you can never miss. Being easy and quick to use, required details are completed in no time. That is from month-end to month-end until the year is over. Meet most banks’ requirements of electronic data submission. Never miss your monthly deadlines with the Social Security System, PhilHealth, Pag-IBIG and BIR. And of course, don’t miss the details of BIR year-end requirements.
Outsourcing an optiotion?
Outsourcing your payroll can allow you and your staff to concentrate more on the creative efforts of running your business. It may help you cut costs by eliminating one or more payroll staff positions. The fees to hire an outside service are almost never as high as the cost of employing someone full time with benefits to do your work.
Another benefit is that outsourcing means being able to expect excellent accuracy and reliability. Payroll companies specialize in this work and only stay in business if they can maintain a high standard of good solid number-crunching and recording.
This means they are also very fast services compared to in-house staff that is not solely dedicated to payroll. Plus, if in the terrible chance, something goes wrong and the government comes after you, you can go after the company for responsibility and compensation for the errors.
Why Choose a Web Based One?
Once you realize how helpful it can be to outsource, you should look at the benefits of a web based system. Not only to enjoy all the advantages afforded by have a typical company, but you also got to enjoy the ease and convenience of submitting all your information online.
This means it can be done on your schedule, at work or even at home. There is no waiting for checks or reports to be delivered. You can pull up reports anytime from any Internet-accessible computer. With some systems your employees can even access their own payslips, loan details and BIR 2316 online.
These types of systems make it easy to check for errors, because you key in the data and can cross-check any suspicious data with your own records. Additionally, web based systems mean that your information is safe even when disaster strikes. Floods, fires, and any other natural disasters will not be able to destroy your important files, as they will all be stored online. When it comes to peace of mind and saving time, a web based system is your best bet!
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