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7 Reasons why you should apply business automation to your business now!

Accounting /

As the world digitally evolves, you should stay away from manually handling your business operations. This is your signal to set up business automation for your business to help it grow and deliver the best results.   With business automation, you are able to streamline your business operations to drive business growth accurately. We’ve listed seven reasons why your business should be automated below;  Cost-effectiveness: This is one of the reasons why business automation should be applied to your business. It helps reduce repetitive and time-consuming tasks since they would be done automatically. This could save your business money by ending costly errors and organizing your processes to help employees complete them more efficiently. Accuracy: With business automation, you are confident of accuracy as all your business processes will be handled automatically. With customized software solutions, your activities and tasks can be controlled to produce an accurate result, automatically.  Reduces Manual Stress: Why struggle with handling your business operations manually when they can be automatically run? With automation in place, repetitive tasks are handled automatically, reducing the time you spend on them. The fatigue that comes with manually figuring out your profit, debts, and losses is taken off you. Now, you can sit and watch your business processes handled from start to finish.  Boosts Productivity: You no longer need to spend time focusing on a task that would take the entire day! Now, you can introduce software solutions to take tasks off your hands, g you to focus on highly demanding jobs. This helps you to easily handle a lot of functions and activities at the same time, leading to productivity.  Better Client Satisfaction: When the quality of your business or service is great, customers are satisfied. When your business process is automated, productivity and accuracy are assured, leading to happy customers for a job well done or service, well delivered!  Better Business Insights: No more hassle trying to find feedback or results With business automation, you can easily track. With automated and digitalized processes, your system knows exactly the time, effort, and resources needed to carry out a specific task. Using the right tools, you can get valuable business insights that will help you make it better.  Decisions based on facts are better than ones based on guesses. With business automation, rest assured that it can be achieved.  Increases Accountability: When a business process is digitalized and automated, it is simple to determine who is in charge of what task and when they must deliver. Business automation can be customized to fit a business’s needs, and having this clear responsibility distribution, the staff’s accountability, and seamless quality control makes it possible.  All these reasons and many more have been given just to show you that your gfgfgfbusiness can grow again with the right business automation at your disposal. To begin your journey using business automation for your business, you can click on the “contact support” icon on the website. Our seasoned and certified consultants are there to assist you. There are various areas of your business that can be automated, you can learn more about that here.

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Recruitment Processes just got easier with Zoho Recruit…

Payroll/HR /

As I struggled to put the bags of clothes I had just gotten from Teju Oso market into the boot of my car, I bumped into a fine young man, who looked like my patient. Haba! I was taken aback by this young man who stood right in front of me! The man I was looking at now looked nothing like the way he looked months ago in the consultation room. I knew something had changed.  “Mr. Phillip, long time! Anhanh!! How are you?” I greeted him in the original Lagos fashion. “I am doing great, Dr. Chi” he responded beaming with joy. This joy had its roots and so, I knew that I had to know how he recuperated so fast.  “This is a huge transformation, Mr. Philip. You look nothing like the way you did months back. What is the secret? I recollect that you struggled with your health because work was cumbersome. What has changed now? What happened now? I am eager to know!” I almost yelled in excitement.  “Hmmm, Dr. Chi? You remember I complained of being stressed from work and, as an HR (Human Resource) practitioner, sending out applications, sorting a high number of resumes, and scheduling interview sessions manually, affected my mental and physical health. I handled high-performance tasks manually. I was stressed all the time.” He said as I watched him speak about his past experiences with so much pain.  “Ha! Dr. Chi! It was a lot for me but one day, I stumbled on an ad on Facebook by a company called Excellium. This ad addressed the problems I was facing as an HR (Human Resource) practitioner and Viola! A solution was staring me in the face!  This effective recruitment solution was designed to help make recruitment processes right and easy but when I brought this information to the management, they were in fear because according to them, software solutions do not run cheap. I had to explain to them that I learned that it was affordable and could be tailored to suit the needs of the company. After much persuasion, my company finally agreed. The name of the software solution is Zoho Recruit.” He said with a smile on his face.   “Tell me more about this Solution, Mr. Phillip”, I said, longing to learn more.   “Zoho Recruit is an all-in-one Applicant Tracking System (ATS) and recruitment software for staffing agencies and recruitment professionals. It is a comprehensive ATS that includes resume parsing, automated job board posting, customized company careers pages, resume storage, and interview scheduling. Going through resumes, exchanging emails, filtering and sorting qualified candidates and scheduling interviews has never been easy. With the automated workflows which are embedded in the solution, I was able to carry out other functions accordingly and get real-time results.  Making reports ready for management as at when needed was made seamless because I could access the solution from anywhere even while I am away.  Zoho Recruit has been a great relief to me. I have a pool of candidates to which I can always have access whenever there is a need for it, and I am glad! With this, the recruitment process has been made seamless for me and that made me spend less time on the recruitment process. I had more time to engage the candidate – which is one of the keys to successful recruitment.  Zoho Recruit software solution helps HR (Human Resources) practitioners get job openings in front of as many eyes as possible while ensuring that employers’ brand communicates the culture, values, and experience that your ideal candidates want most.  As I watched Mr. Phillip explain the reason for his transformation and the emergence of this recruitment solution, I knew I wanted nothing more than to share this information with other HR practitioners.   Are you in dire need of a software solution that would help reduce the burden of collating and sourcing through resumes manually, job board posting, handling company careers pages, high resume storage, and interview scheduling?  Zoho Recruit is here for you, all you need to do is reach out to one of the certified consultants in Excellium. We are willing to help you. 

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I am Tired…

Accounting /

Rita, my old friend from secondary school almost burst out in tears as we were speaking on the phone. “Chi, I can’t keep track of my finances and I keep losing track of time to do other important things, what do I do?” As the CEO of a medium-scale fashion industry business, Rita knows she needs help managing her finances. From invoicing, to calculating taxes, to reporting, she is saddled with a lot and desperately needs help figuring out how to manage her finances and business processes but prefers to handle her business operations manually. This came as a surprise to me; the Rita that I knew back in the day did not look like she could be overwhelmed with work. To me, she had everything figured out, but now, it hurt me to listen to her breakdown over the phone, and I was determined to ensure that a solution was proffered for her concerns. I thought long and hard about what to do… Alas! It struck me! I remember attending to a young patient of mine who was rushed into the hospital due to High Blood Pressure. It was a concern for me as a medical doctor because she is young. I knew something was wrong so, during the routine consultation, I probed further to know how she got there. She explained how she lost a huge amount of money in her business because there was no structure in place to help manage her business’s accounting. She could not easily raise and track invoices, track cash flow, accept payments, record transactions, automate business operations, and capture expenses. It was a big issue for her. As a business owner with a staff strength of 10, handling these operations was difficult, and it kept her late at night. Trying to manually record transactions in her businesses and constantly thinking about it affected her health. We talked for a while, she was treated, and she went home, only for her to show up for her next appointment looking fresher and prettier than the last time I saw her. I needed to know the secret, so I asked how she was fairing. She answered me smiling, “I am better now, Doctor Chi. I came across an online ad made by a company called Excellium. The advert was about a software solution, this solution helped my business and gave it structure.” I listened to her talk about all the interesting details this solution had, and I was glad that she felt better but I wanted to know more about this solution. The thought that the problems of businesses could weigh an individual down gave me so much reason to ask more questions. Then she mentioned the name of the solution, Sage Business Cloud Accounting. This affordable solution helped her easily create and track invoices, track cash flow, accept payments, record transactions, automate admin operations, and capture expenses. It was a game changer for her business, she said. Imagine going through the hassle of manually capturing expenses, and invoices, calculating taxes, reporting, monitoring cash flow, and budgets, and handling paper folders that house the names of suppliers, items, budgets, etc., only for them to be lost. Miss Shade spoke about this solution with so much trust and appreciation. Sage Business Cloud Accounting regularized her blood pressure and brought smiles to her face; She told me. I wanted that for Rita, my old school friend, and so I decided to give her a call at once to tell her all I had learned about this Solution. With the Sage Accounting Business Cloud Software Solution… You can: capture expenses as they happen take care of invoicing on the road bank at the office and manage cash flow from your home. perform insightful reporting calculate taxes easily check your cash flow capture the right quantity of inventory in and out keep track of your company’s performance against predefined targets keep fixed assets registered Check foreign exchange swings on items bought, and sold and their impact To prepare for the future, Miss shade says business owners should take into consideration unavoidable occurrences. “It is important to be set up with the right software solution from on-set, so you are not caught up in a challenging situation with your finances later”, she said. She talked about how many businesses in Nigeria do not outlive the owner and how businesses don’t last in Nigeria because most of them lack structure. Miss Shade has made up her mind to ensure her business has structure and lasts for generations. She is particular about setting the pace for structured business in Nigeria and would like other businesses to follow suit by adopting the right solutions like Sage business cloud, to suit her needs. She expresses her gratitude to Excellium, the company that introduced her to Sage Business Cloud Accounting Software. Now, Miss Shade can sleep peacefully because she rests assured that the right solution has been put in place to help her business processes. I would like you to enjoy comfort like Miss Shade and Rita and so I have decided to share this. To know more about and start your free trial with the Sage Business Cloud Accounting Software Solution. Please go to our product page on the website to learn more and click on the free trial link to begin.

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Wondering where all your money goes.

Accounting /

Ever wondered what keeps consuming the bulk of your finances in your business? Have you been able to find the culprit? Are you a business owner, and do you wonder on a daily basis how to keep track of your expenses? Are you always trying to figure out how funds invested in your business have frittered away, but you keep coming up with nothing? As a business owner, your company finances and operations should occasionally be reviewed to sustain your whole organization. You should be able to ask yourself where and how your finances are spent. This will help you identify if you need to cut down on some expenses, cut some payrolls or stop using outdated processes. I know you are wondering how this is possible but not to worry, we are here to help you no matter the size and type of your business. Here are 4 reasons why your business needs accounting software. · Manage inventory · Automate Manual Operations · Compute Tax easily · Work Faster Manage Inventory Accounting software helps you to put your inventory into an organized platform so that you can manage your business growth effectively. It has the capacity to combine multiple inventory factors without any error. Information such as item name, quantity, unit of measure, color variations, sizes, batches, and expiry dates are easily calculated and stored using accounting software. This can lead to efficiency and productivity in operations. Automate Manual Operations Accounting software helps businesses to track their accounting processes in an automated manner. It helps to eliminate manual tasks while operating your business and also assists your business to make its process delivery easier leading to the satisfaction of your stakeholders. Compute Tax Easily Accounting software helps businesses to manage tax liabilities. With accounting software, you can calculate your Value Added Tax (VAT) & Withholding Tax(WHT) payments and deductions. Accounting software helps you to manage your tax payments and prevents unnecessary delays and penalties. Work Faster Accounting software is built to help reduce your work time. Bookkeeping can take time when you manually track costs and revenue using a spreadsheet. Using spreadsheets like Microsoft Excel, require that you enter lots of information manually. Accounting software helps you save valuable time, so you can invest your time to grow your business. Here at Excellium, an authorized partner with Sage, Microsoft & Zoho, we have the right software solutions that can make your business operations easy and breezy. We help you develop effective corporate structures using the best software solutions tailored to suit your needs. These software solutions allow you to check things on the go. Need help handling your business operations, contact us now! We are readily waiting on you.

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5 Tips to consider when implementing an ERP system

ERP(Enterprise Resource Planning) /

#Tips: 5 Tips to consider when implementing an ERP System Enterprise Resource Planning (ERP) deployments can be a daunting task. How you select and implement an ERP system would determine the success and long-term prospect of how the ERP system will work with your business process. ERP projects are usually expensive in nature. Getting the process right must be a Company’s goal. ERPs can go a long way towards improving your operations and reducing your costs. Here are some tips below to help you successfully deploy your next ERP software solution: Find out about top project management and time management software tools that can help you automate your business tasks. Gather your ERP Requirements An important step to an ERP selection process is gathering your business requirements. Carefully highlight and define your project scope. This would ensure proposed requirements are specific in proposals from consultants. A good upfront requirement gathering process relieves the implementation consultants and integrators with little or no assumptions about what your organisation requires. This can help to reduce delayed timelines and extended budgets on ERP implementations. Start by focusing on your business processes and system requirements. Select an ERP system that fits into your business process. Otherwise, this would cause additional and more expensive customisations on the long term.  Appoint internal ERP champions If you want to have the best ERP onboarding process, it is important that you appoint internal ERP champions to lead the ERP implementation and onboarding process in your company. Select staff who would manage the collection of user requirement process.  Having an ERP project champion can also boost the change management process. The champion takes responsibility to coordinate users on the need and how to use the ERP software. This process helps to make ERP adoption more seamless compared to leaving the responsibility wholly to consultants.  Customise your business requirements Depending on the ERP, integrations are usually a core part of ERP implementations. Companies usually want to achieve full-scale ERP implementations. However, budget constraints can limit your ability to achieve maximal integrations. Select customisations that would focus on the “what” requirement.Panorama Consulting provides a three grouped requirement framework that can guide companies to navigate their assessment process: Mandatory– These are non-negotiable tasks or function that are required to execute a job function. They could also be subject to external influence such as regulations.Value-added– These requirements help to initiate a more streamlined process for your operations. They have good importance but are not required to perform a task.Nice to have– These are requirements that provide convenience to users. For example, a button that automatically links you to another page. Source: Panorama Consulting Create a change management process A challenging part of the implementation process is getting the management and users to buy into the ERP project. Employees are usually accustomed to their old processes, and it would take a reorientation to change their mindset. A change management strategy helps companies to manage this challenge. A communication strategy should be formed as part of the change management process. This involves setting up workshops, meetings, and group sessions to better explain the importance of the new ERP system. Q&A session can also be developed to address issues that employees raise. It is essential that employees get acquainted with the change management process, to ensure that your ERP project is successful. Improve your business process ERP systems are created to help businesses improve their business processes into a more seamless and automated manner. It is expected that when implementing an ERP system, business processes would change in your organisation. An effective way of designing your ERP implementation would be to reengineer business processes within your organisation. Every organisation wants to improve how they conduct their business. Performing this during an implementation process requires you to ask the tough questions: Are your processes redundant? What process can be introduced or eliminated? Evaluate your current process map and look at ways in which your business process can be improved upon. The redefined processes should then be captured into implementing your new ERP software.  Looking for someone to discuss about your next ERP project in Nigeria and around Africa, send us a mail info@excellium.biz or call us on +2348038023199, +2347018588691 +2348057696213. Recent Posts 19 JAN 2021 , 09:00 AM – 02:00 PM WAT 20 JAN 2021 , 09:00 AM – 02:00 PM WAT SAGE BUSINESS CLOUD MASTERCLASS TRAINING Register now

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5 Bookkeeping tips for your small businesses

Accounting /

#Tips: 5 Bookkeeping tips for your small businesses Every business needs to record its finances. This can be done by a process called bookkeeping. For small business owners, bookkeeping can look complicated when starting. However, it would help you to check how your business is performing. Here are some tips on how to start proper bookkeeping for your small business. Have a good accounting software system If you want to maintain proper records for your business, an accounting software is necessary for your business. An accounting software would help you manage your customer records, supplier records, bank records, and other relevant records. Most accounting software applications come with financial report templates. This allows you to preview how well your business is faring at any point applicable. Review your books Accounting software and spreadsheets help to capture your business information and financial records. However, it is important that you regularly review your software records, to check for irregularities, errors, or wrong postings. Reviewing your records also help to prevent unplanned tax readjustments from the tax authorities. You can engage an external accountant to help review your records. Monitor your Expenses Track every expense you spend. As a small business owner, you must be mindful of your expenses. If you pay for expenses by cash or by bank, ensure you collect receipt or invoices for every expense incurred. To know if you are on track with your records, confirm the balance of your cash and bank accounts against your expenses regularly- weekly or monthly. Separate business from personal expenses For sole proprietors or small business enterprises, spending from your business purse can be a very tempting experience. Small business owners are usually poised to manage their business finances themselves. This allows some owners to mix their business and personal expenses together. If you are seeking to grow and manage your business properly, you must learn to separate business from personal expenses. You can do this by drawing up separate accounts for both expenses. Personal expenses can be tracked using an expense app. You can then use an accounting software to track your business expenses. Separating business and personal expenses helps you to create financial discipline for your business. Understand your monthly bookkeeping reports It is important to know how and where your business is growing or whether it is not growing. This can be done by tracking your bookkeeping reports. Bookkeeping reports show various business metrics such as how much profit you are generating, your sales value, debt value, or whether your operating expense are high, amongst other indicators. There are various bookkeeping reports that can help you to determine how your business is faring. The most important reports include your income statement and your statement of financial position (also known as Balance Sheet). You can get your accountant to explain what the reports mean so you can have a first-hand knowledge of how your business is faring. Looking for someone to discuss about your small business, shoot us a mail to info@excellium.biz or call us on +2348038023199, +2347018588691 +2348057696213. Recent Posts

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Why every business needs an accounting software

Accounting /

#Tips: Why every business needs an accounting software Every business owner wants to grow their operations. However, growing your business can make your operations become complex. You are puzzled with managing customer and supplier data, invoices, payments, loans, and staff salary. This can be stressful when using spreadsheets or paper accounting. An accounting software helps you to put your business data into an organized platform so that you can manage your business growth effectively. An accounting software is a software application that helps businesses to track their accounting processes in an automated manner. An accounting software enables you to manage your revenues, costs, profits, assets, and liabilities. An accounting software can be used either in the cloud (internet-based) or on-premise (office-based). Your accounting software helps your business to manage growth and track costs properly. Here are ten reasons why your business needs an accounting software. Manage your inventory Accounting software, cloud or on-premise, are better and more accurate than spreadsheets in the management of inventory database. An accounting software has the capacity to combine multiple inventory factors without any error. Information such as item name, quantity, unit of measure, colour variations, sizes, batches, and expiry dates are easily calculated and stored using an accounting software. This can lead to efficiency and productivity in operations. Depending on the accounting software, you can also manage production batches and expiry dates. Automate manual operations Tunde places an order for a pair of shoes from Molu’s shoe business. With an accounting software, Molu can easily provide pricing, calculate inventory reduction, and process delivery to Tunde. An accounting software helps to eliminate manual tasks while operating their businesses.  An accounting software can assist a business to make its process delivery easier, and thereby satisfying your stakeholders. Compute tax easily Legislative compliance is a priority for most businesses. The government can restrain your business and impose liabilities if you don’t pay your taxes. An accounting software helps businesses to manage tax liabilities. With your software, you can calculate your Value Added Tax (VAT) payments and deductions, Corporate Income Taxes (CIT), and employee Personal Income Taxes (PIT). An accounting software helps you to manage your tax payments and prevent unnecessary delays and penalties. Store Management An accounting software helps businesses to manage their warehouses or stores. When goods are brought into a warehouse, it is important to have a method of accounting for the stock. An accounting software assists businesses manage stock by classifying inventory location and using technology to monitor stock movements. A record gap can lead to pilferage by staff. Managing stock locations can be daunting when done manually. An accounting software helps businesses to properly track stock movements. Obtains Loans Faster When a financial institution wants to provide a loan to a business, they would access the business status to see if they can repay the loan. A financial statement is usually a primary source for financial institutions. An accounting software helps businesses to track and process financial information. Your accounting software can help your business to present the right information to facilitate the loan processing. Prepare financial reports As a business owner or accountant, it is important to know the health status of your company. How sustainable is your business in the next 6 months to 2 years? Will I default on my creditor and staff salary payments? These questions can be monitored with an accounting software. With your software, you can determine how much profits you are making within a period. You can check how much you need to save into the business or pay-out to investors. An accounting software helps businesses to provide financial information regarding a business’ welfare. Work faster An accounting software would help you work faster. Bookkeeping can take time when you manually track your costs and revenue using a spreadsheet. Spreadsheets like Microsoft Excel, require that you enter lots of information manually, making you to lose time that can be spent in other valuable parts of the business. An accounting software helps you save valuable time, so you can invest your time to grow your business. Payroll Management Your staff is an essential part of your business. As a business owner, you must plan how much each staff would earn every month. This process can take time if done manually. An accounting software can help businesses to manage their payroll costs and process staff payments promptly. Your staff are more engaged when they know that their salaries are made promptly. An accounting software helps businesses to achieve that.   Recent Posts

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How to do Payroll on Sage

Payroll/HR /

How to do Payroll on Sage If you are a Sage user, you might be wondering whether Sage accounting software can help with manage your employee payroll computation. Preparing payroll computations can be grueling especially when you make such calculations on spreadsheets. Employees are becoming more demanding and they want to know the nitty details of how their salary and taxes are accounted. Tax authorities also demand for these records. Having to search for several spreadsheet computations could affect whether an additional assessment is imposed on you. Sage Business Cloud Payroll Shop now Automating your payroll records using Sage Payroll Software If you use an accounting software or ERP software, automating your payroll can be made effective when your payroll computations are properly integrated with your Sage accounting software. There are ways in which automating your payroll software process can help improve your employee record history and operational processes: 1. Manage Calendar processes Using a Sage payroll software can help your company track staff leave applications, staff absences, and overtime. When multiple staff go on leave concurrently, the absence of your employees can affect your company’s operations and impact your ability to deliver towards customers. Calendar management can be done using a payroll software that would help aggregate staff information and enable companies carefully plan for their operations. 2. Storage of employee records Using a payroll software can help companies manage employee records digitally rather than keeping physical files of staff. It also allows you to retain records of employees that are currently in your office and those that have left. This is essential for a company’s history and for regulatory purposes. Tax authorities regularly conduct tax audits for prior financial years. A company that fails to keep its employee records can affect the level of tax exposure that the authority can impose on you, despite having an history of tax payments. 3. Issuance of employee payslips If you have multiple employees, preparing payslips on spreadsheets and printing for staff monthly can become exhaustive. A payroll software can help you to automate your payslip creation process. After finalising your payroll computations for a period, payslips are easily generated and sent to either employee emails, printed, or uploaded to an employee self-service platform at the click of a button. With an automated payslip system, employees can also preview their payslips, and make complaints or enquiries where necessary. 4. Preparing statutory reports Sage Payroll Software has been created to assist HR and Payroll professionals prepare statutory reports seamlessly. Depending on your country and state, regulatory requirements are usually different. It is important that your returns are prepared before deadlines to prevent any potential tax exposures from the tax authorities. To prevent any hassle, you can use a payroll software that is statutorily inclined to your tax jurisdiction. For example, in Nigeria, statutory reports like Form H1, Pension forms such as EPPCOS, National Social Insurance and Trust Fund (NSITF) returns, and Industrial Training Fund (ITF) returns, should be easily automated for filing purposes on your software. This can however be done from a payroll software through the data collected from the multiple employee sources. 5. Analytics Using a payroll software allows you to get real time data of staff payroll costs, employee trends such as leave breaks, absenteeism, overtime, employee and company contributions to statutory costs such as taxes and pensions. Companies can make prompt decisions from payroll data, and evaluate salary structures, tax information, and other regulatory information. A payroll software with intelligence and data analytics capabilities help companies make meaningful and informed decisions towards better employee planning and strategies. One major benefit companies enjoy while using a payroll software is the ease of managing staff seamlessly. Payroll computations can be done in an automated manner using a payroll software. Sage has a wide range of payroll software solutions depending on the size of the business. Sage Business Cloud Payroll is used by small businesses. Sage Pastel Payroll and HR and Sage 300 People are used by multiple medium and large businesses. To learn more about other Sage software, click here. Recent Posts

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Top 10 Benefits of Using a Payroll Software

Payroll/HR /

Payroll Software: Top 10 Benefits A payroll software application is an indispensable tool for organisations and payroll teams. It allows employers, users, and employees to perform various functions that help to ease payroll processing. There are numerous benefits of using a payroll software in your business. Here is a list of benefits you enjoy when you use a payroll. Sage Business Cloud Payroll Shop now 1. Avoid Errors Using a payroll software can help your business to achieve better accuracy in calculating payroll figures. A payroll mistake can lead to unbudgeted liabilities and grievances from staff. With the right payroll solution, it is difficult to make mistakes. Getting a right payroll software would help to improve your credibility with your employees and prevent unwanted errors. 2. Automated Payslips A payroll software can help your team to generate simple and automated payslips with available templates for your selection. Pay slips can be provided to employees through auto-generated emails or by hand through prints. This helps your business to save much time in creating payslips. 3. Employee Calendar With a payroll software solution, you can track employee leave, staff absences, and overtime. This allows you to manage your employee calendar and reduce stoppages in operations. Your employee attendance would reflect on the level of your business operations. A payroll software helps you to prevent unnecessary downtimes by planning your employee calendar properly. 4. Security A payroll software provides your company with layered security whereby employees records are protected without the interference of a third party. User access permissions can also be created to define what a particular employee can access on the software. Payroll information should be kept in a confidential manner. A payroll software can help to allay fears of leaking employee information to a wrong party. 5. Cost effective Managing your payroll internally can be cost effective when done with a payroll software. A payroll software relieves you of outsourcing your payroll functions. With an easy to use payroll software, staff payroll can be computed easily, hence saving you costs and getting results quickly and effectively. You can also reduce the cost of printing pay slips on paper and creating hard cover files or documents. 6. Tax Updates Keeping up with tax laws can be overwhelming sometimes. Payroll software are usually updated once with new tax updates. This makes you up to date with tax legislations and helps you to prevent any potential liabilities or tax exposures. 7. Meet Submission deadlines A payroll software can help your team to manage submission deadlines and ensure that you are compliant with your tax submissions. With your payroll software, you can easily generate return submission templates and employee return information. This allows you to keep track of the deadlines and submit returns before tax submission deadlines. 8. Decision Making Payroll software is a top tool that can help any organisation make strategic decsisions about staff welfare and planning. Information and reports extracted from software can be used to make informed decisions in the organisation. 9. Real time information HR and Payroll Managers can access a real time record of employees that are available in the office through a check-in or check-out system. They also obtain other personal information from the software in a prompt manner. 10. Promotes transparency Employees constantly want to be informed about their earnings. Payroll software help employers to be transparent and provide payroll information to employees. With your payroll software, you can provide employees access to their earning information in an open manner.  One major benefit companies enjoy while using a payroll software is the ease of managing staff seamlessly. Payroll computations can be done in an automated manner using a payroll software. Sage has a wide range of payroll software solutions depending on the size of the business. Sage Business Cloud Payroll is used by small businesses. Sage Pastel Payroll and HR and Sage 300 People are used by multiple medium and large businesses. To learn more about other Sage software, click here. Recent Posts

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