Payroll is the process by which a business pays its employees for work performed during a specific period. Payroll is a vital part of any business as it allows businesses to follow a series of processes in order to make timely, correct payments in compliance with government rules and regulations. Despite the constantly changing laws and regulations, payroll professionals must be ready, able to adapt, and properly implement any new change quickly and correctly.

Payroll is important because the calculations must always be accurate and performed flawlessly, the payments must be issued on time, and new and departing employees must be added to or deleted from various processes. Furthermore, the taxes and other deductions (insurance, retirement plans, social security, etc.) must be submitted to the proper authorities on time and in the correct amount. Failure to do so could result in serious implications if they are inaccurate or incomplete.

ZOHO Payroll is an intelligent payroll software tailored for Indian businesses and designed to automate and run payroll activities smoothly. With ZOHO Payroll, you can add and manage employee details, set up pay-run approvals, generate employee pay slips, and provide an employee self-service portal. Since ZOHO Payroll runs on the cloud, it can be managed from anywhere, anytime, and with any device.

Despite the advanced and extensive features that ZOHO Payroll has to offer, there are a couple of benefits of payroll cloud-based software in terms of optimizing payroll operations such as operational and core advantages. In terms of its operations, ZOHO Payroll can help in making business processes run much faster and smoother while saving up on costs. It eliminates the need for businesses to invest, purchase, maintain or upgrade servers or other hardware in order to run on-premise systems.

Another added advantage that ZOHO Payroll offers to its business owners is that there are no software aging or maintenance issues with it. Besides this, ZOHO Payroll System saves a vast amount of resources that are typically needed to complete day-to-day payroll tasks in a legacy system. And since this payroll cloud-based software can be accessed from anywhere by business owners, employee request is responded to faster by payroll professionals to get their work done faster.

Now, when it comes down to core payroll advantages, one of the biggest benefits that ZOHO Payroll offers is centralizing an employee’s data in a central place or location where all the information related to an employee’s life cycle can be tracked and managed such as onboarding, salary, leaves, benefits, etc.

The next advantage is the employee self-service portal offered by ZOHO Payroll software that allows employers to delegate some of their routine work back to their employees. Proofs can be submitted online by the employees themselves to which the employers can either validate, approve, or reject – all online, which can save tons of time. Moreover, supporting documents can be requested by employers from their employees through real-time messages in case something goes missing, which can act as a deterrence against unnecessary back-and-forth emails.

With cloud technology, integrating a whole bunch of complex business processes has become a lot simpler and easier. Staff members can simply switch between multiple systems through a single sign-in option without remembering multiple passwords. Having an access control that is secure strengthens the collaboration and information flow between cross-departments in real-time and effectively. All the information and insights are available in a single click without the need for separate data warehouses and business intelligence systems.

In conclusion, ZOHO Payroll software offers numerous advantages over traditional or legacy systems like excel, spreadsheets, or on premise payroll software. It allows business owners for end-to-end management of their payroll operations. Apart from that, the integrated Human Resource Management System (HRMS) solution and in-house accounting will allow business owners to get rid of multiple vendors for these functions. The digitized self-service portals have replaced time-consuming paperwork for payroll staff. The staff can also manage their operations from practically anywhere or wherever they are, thanks to the careful management of distributed workforce with ease by ZOHO Payroll.

CRM Masters Infotech LLP is one of the best CRM development companies in India and an IT service provider for customization, configuration, and implementation of CRM systems like ZOHO CRM, Salesforce, and Custom CRM covering more than 100 projects with a very high client retention rate. It customizes the CRM based on the client’s business needs.