Payroll Software in Kenya – Why it is so important

The use of Payroll Software in Kenya has become a norm; more and more companies are adopting the practice of doing their monthly wages using technology.

The use of payroll software not only helps in improving an organizations efficiency and productivity but also helps to cut costs.

Meanwhile if you are still using the old methods to manage your employee’s salaries, then here are a few reasons why you should try and use the reliable Wagemaster Payroll Solution to manage your wages.

1.Saving on Time

Time is a very important commodity; people are often overheard saying “time is money” especially so if your business involves having an inventory and maybe even delivery of products.

To improve on your efficiency it is best to avoid anything that would cause you to lose time. Payroll management software comes in handy as it saves the time that is lost preparing salaries using a manual payroll system.

2.Safety of Employees Data

Payroll information as you may know is usually confidential to an employee, therefore records involving employee’s wages should be kept out of the reach on unauthorized individuals.

The use of payroll software to store employee records provides organizations with added security since employee’s data is stored electronically and protected by the use of passwords.

3.Cost Cutting

The use of software can be of great benefit and companies as it saves on recurrent costs because paying wages is done in intervals. Sometimes the use of payroll software for small and mid-sized companies can be more cost effective than hiring an in-house professional and paying them a salary.

It can help you as a business owner save a lot of money every month which you can reinvest into your business.

4.Integrity  of Data

It a common scenario to have erroneous data when computing payroll information manually especially when a lot of variables are involved e.g. unpaid leave days, bonuses and other things that come into play when computing payroll.

This can be very challenging especially if you have hired a lot of staff in your company. With good software you can be assured that employee payment records are on high integrity and that all computations are done accurately.

5. Data at the touch of a button

You can access all your payroll data in record time, even data from employees who you worked with many years back. It also helps to organize payroll information in such a way that you can cluster various groups in your payroll.

6. Submission of Income Tax

The employers can submit the yearly income of their employee to the income tax authorities by having payroll software. The tax information can be submitted to the concerned authority quickly and error free.
Wagemaster Payroll Software provides a solution to all these .

It is a fully featured payroll and human resources software is the last word in payroll production and HR management. Its surprisingly simple operation and powerful reports make short work of any payroll.