- Payroll Management
- Onboarding
- Employee Database
- Time & Attendance Management
The best cloud-based HR software
Starts from $1.75/User/Month
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BetterHR is an enterprise cloud platform & mobile applications that makes managing HR processes a breeze. Hundreds of companies across Myanmar, Sri Lanka and Vietnam rely on BetterHR to manage thousands of employees and process millions of dollars in salary. ... Read More
The payroll management process consists of a series of controlled processes completed in the same sequence each month to establish a payroll cycle. Put another way; the payroll process is all about determining what is owed to employees, i.e., the Net Pay after all applicable tax adjustments and deductions have been made. Therefore, payroll management necessitates cautious and detailed preparation. Changes to details relating to specific employees' payments, assumptions, and other financial payments are reviewed and monitored regularly. There are three primary phases to this payroll management process: before, during, and after the payroll administration.
The process of welcoming new clients, ensuring that their inquiries and concerns are addressed, and delivering new products and services as needed is called onboarding. Depending on the firm, onboarding can take different forms, from welcome calls to user groups to training sessions. Despite the fact that it is commonly viewed as a need to sustain customers and deepen their connections, many firms struggle with the coordination of onboarding procedures and their execution through numerous departments.
A database of employees comprises vital information such as each employee's personal information and company-related information such as their pay scale, employment date, and more. In addition, it contains a range of employee personnel fields for HR to refer to, such as name, age, job title, salary, length of service, and so on. Employee database software that works well should be self-service, allowing employees to add and change their data. Employees can keep track of their data, such as the job they've done each day or the hours they arrived and left. Team leaders may have access to information about the employees who report to them, but other sensitive information, such as compensation, can be kept secret.
Employees are tracked and monitored using time and attendance systems (TNA). An employer can track its employees' working hours and late arrivals, early departures, break time, and absenteeism using a time and attendance system. It also reduces overpayments, frequently generated by paying personnel when they are not working, and eliminates transcribing interpretation and intentional errors. TNA systems can also guarantee that evidence of attendance conforms with labor standards. Most firms use time and attendance software to automate duties such as tracking hours and leave.
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BetterHR is an enterprise cloud platform & mobile applications that makes managing HR processes a breeze. Hundreds of companies across Myanmar, Sri Lanka and Vietnam rely on BetterHR to manage thousands of employees and process millions of dollars in salary. With an easy-to-use interface, BetterHR simplifies attendance, payroll, leave and overtime processes; freeing time and reducing paperwork. Get on board with BetterHR today, the best cloud-based HR software that ensures smooth & seamless HR operations.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Researched by Rajat Gupta