Say Goodbye to Traditional Payroll Process with Advanced HRMS
![Traditional Payroll](https://kasturihr.com/blog/wp-content/uploads/2024/02/Traditional-Payroll.jpg)
Early-age startups and small businesses require managing costs and multi-tasking in order to manage resources. Entrepreneurs and startup founders themselves perform multiple HR operations, including employee onboarding, salary management with manual or traditional payroll processes, employee life cycle management, etc.
Therefore it becomes important for business owners to switch to advanced software that is cost-effective and automates or simplifies administrative tasks. Managed HR software becomes helpful for SMEs to perform smooth HR operations, leading to effective overall management.
The blog contains details into why advanced HRMS software is much better for small businesses as compared to manual HR processes. Let’s take a look.
What is HRMS managed software?
Human resource management software helps businesses manage projects, and tasks alignment to employees, simplifies HR workflows, automates salary slip generation, and many more. Tools like attendance and leave management software, additionally, help HR personnel to provide complete leave balance updates to employees to process accurate payroll processes.
The advanced HRMS software is helpful for companies to prioritize strategic tasks, instead of administrative ones. Therefore, entrepreneurs tend to opt for smart HRMS like Kasturi HR to manage their workflow. It simplifies employers’ tasks of monitoring employee work status and employees’ tasks to provide timely updates to superiors.
Simplify Tasks with Advanced Payroll Management Software
As mentioned above about the detailed meaning of advanced HRMS software, it becomes much easier to process salaries with accuracy. Therefore, here are the major reasons and benefits of opting for advanced HRMS software-
Reason 1: Time Saving
The first and foremost reason is the time effectiveness that it provides. Tools like Kasturi HR are very helpful for businesses to save time and work effectively. It becomes easy for the management to work on the employee life cycle and effectively process details related to the entire workforce.
Example – Smooth Payroll Processing
The support that such tools provide to small businesses is invaluable. It relieves entrepreneurs and founders from performing traditional payroll processing. Moreover, from filling out employees data all by themselves, smart HRMS tools automate the entire process. It helps managers and founders to work on additional strategic tasks. Nonetheless, it becomes effective to provide accurate payroll details to the entire workforce with brief salary breakdowns, preventing conflicts.
Reason 2: Cost Effective
The other major reason to switch from traditional or manual payroll processing is the cost-effectiveness it provides. Smart/ advanced human resource management software helps startups save costs by managing multiple tasks through a portal. It becomes helpful to perform tasks from a portal rather than hiring individuals for it.
Example – Leave and Attendance Management
Cloud-based HR management software provides complete support with managing employee leaves and attendance. It helps employers and HR personnel to manage shift completion and working hours completed along with updated leave balance. Employees, in addition, can easily request leaves and days off in coordination with their managers, and accordingly leave balance gets updated. It requires no extra effort to hire specific employees to manage these tasks, reducing costs for the startup.
Reason 3: Foster Transparency at all Levels
Every startup or small business needs to have transparency with the workflow. It, additionally, prevents conflicts between employees and management. Employees get complete information related to the company’s policies and real-time updates from the employers, ensuring no conflicts at any level.
Example – Announcements with Effective Communication
Every company or startup grows and accordingly updates policies related to the employee life cycle, workflow, or traditional payroll. It becomes easier for employees to have updated policies with a single click through the portal. Therefore, no employee is behind in getting the company’s decision related to upcoming payroll processing or leave management. Moreover, employees can instantly discuss with the HR personnel about the updates in the policies to ensure smooth coordination with the company.
Reason 4: User-friendly Interface
The advanced HRMS management software provides user-friendly interfaces that help HR personnel, managers, and employees to update specific details without any hindrance. It ensures every employee working in the organization gets to update the related details with advanced payroll management software. Moreover, the appealing interface with smooth navigation leads to workflow simplification for all.
Example – Real-time update feature for all
Managers, employers, HR personnel, and employees need to update work-related details on the portal. Managed HR software like Kasturi HR enables effectiveness for all. Managers and team leaders get to update the team with multiple tasks and projects, including assigning individual employees to specific tasks. Additionally, employees get to update daily work reports to the portal to ensure work status gets updated. Similarly, HR personnel get to fill in details related to employee tenure with the company, ensuring smooth workflow at all levels.
Sum up Traditional Payroll Processing with Kasturi HR
The above-mentioned features are important for startups to have in order to simplify and automate HR operations and related work. Therefore, it becomes important to have advanced payroll, leave, time, and attendance management software for your startup.
Here are the top features that Kasturi HR provides for your organization-
- Advanced payroll processing to simplify month/ annual payroll and appraisal process.
- User-friendly dashboard for admin and employees to update work-related details without any hindrance.
- Attendance and leave management software to ensure employees know their leave balance and manage payouts accordingly.
- A complete dashboard that provides upcoming leaves of colleagues to reduce workload and dependencies.
- Single click payslips generator to reduce HR personnel workload and stress.
- Daily check-ins/ outs feature to monitor employee working hours and shift completion.
- Timesheets feature where employees can update daily work reports for effective communication over work reports with managers and colleagues.
Conclusion
It becomes important to invest in the right HR management software that smoothens overall workflow. Moreover, traditional payroll processing is a topic of the past and requires digital solutions to make it accurate. Therefore, it is advisable to invest in the right HR management software like Kasturi HR. The software is developed by Megamax Services in order to smoothen the workflow for startups and SMEs. So if you are a startup, prefer integrating Kasturi HR or connect with our experts.