Cloud-Based Payroll- Future of Digital Transformation

Keeping an eye on all the financial and HR activities in an organization should not be a nightmare for your HR department.

Instead, it should be one of the most-sorted areas to streamline other work processes in an organization.

The bigger the organization, the messier the salary calculation hassles.

To give all these obstacles a break forever, there comes advanced and intuitive cloud-based payroll software infused with exceptional features to offload the HR department’s work hassle.

What is Cloud-Based Payroll Software?

A cloud-based payroll is a solution with the potential to store employees’ details, process salaries’, manages the other HR activities, etc.

To access such software, the user needs to have a strong internet connection.

This software proves reliable to calculate the paychecks, track the attendance of employees, keep a check on the employee’s details, and much more.

Read Also | 5 top reasons why SMEs desperately require adopting a cloud based payroll system?

Top 10 benefits of cloud-based payroll software are-

1. Better Business Intelligence

2. Faster Implementation

3. Ability to Focus on Your Core Competencies

4. Better accessibility from different sites

5. Cost Savings

6. End User Buy In

7. Strong Data Security

8. Connect your employees with accurate, real-time data through mobile devices.

9. Better Support capabilities

10. Product Evaluation (Instant Upgrades)

Read Also | How cloud based payroll system can help your organization in times of disaster?

Why Go for an Automated Payroll Solution?

1. Single Solution, Multiple Users- The best thing about a cloud solution is that it comes with multiple interfaces ensuring personalized features access for every user type. For instance- the features & overall look & feel of the software will vary for employees, HR department, employer, and the technical team.

2. Accurate Reports- For once, a human being can commit common calculation mistakes, but the cloud-based solution does not. They help to display accurate information, generates reports automatically and offloads the HR’s burden.

3. No Paper Work- When everything is processed & shared online, it reduces the hassle of rotating papers throughout the organization which makes it an eco-friendly approach while streamlining the processes and inviting accuracy to the firm’s work culture.

4. Scalability- This software comes with scalability features which makes it an easy-to-adopt solution for all organization types. From SMEs to a Fortune 2000 company, anyone can use it.

5. Employees’ Classification- It displays a detailed organizational hierarchy to promote transparency in the firm.

6. Data Security- Cloud-based solutions are best to strengthen data security, which makes it one of the most preferred solutions to have.

Read Also | 4 Ways an HR Software System Will Support Your Company’s Growth

The Bottom Line-

Cloud-based payroll software is considered as a necessity than a facility. It not just streamlines the salary processing & other crucial finance-related work activities but brings accuracy in the process to let the HR department focus on recruiting the exceptional talents in the organization.

DynaPay HRMS-Payroll is available exclusively to Microsoft Dynamics 365 Business Central customers.

DynaPay is a comprehensive, unified payroll and human resources solution ideal for businesses that need advanced capabilities and HR integration.

Designed to be fully agile and expandable to cover the HR and payroll requirements of any country.

To know more, speak to our expert at Dubai: +971 4 447 5525 Abu Dhabi: +971 2 222 2100 or inbox us your query at dynapay@dynamics.ae