What is the secret behind running a successful business? It is definitely efficient payroll processing. Understanding its importance in the organisations, the HR managers plan and invest a lot of time and resources in payroll management for their employees.
According to a survey, many small and large business owners spend more than 50 hours on payroll tasks and tax calculations each year. It is not manually possible to keep an account of all the payments and tax updates. Moreover it is extremely exhausting to keep a track of the employee records, updated salary structure and tax filings, wages, attendance records, bank accounts of all employees.
To keep your productivity culture at a high level it is crucial to reward your HR team and employees with an easy and transparent payroll software. The right HR payroll software for your organization can help in managing, automating and maintaining payroll processes. In addition, it helps in compiling and calculating payroll of employees online on a secured platform.
Do you know how fast Wallet HR can process payroll for 1000 employees? Yes, you heard it right. It is 3 minutes. It is the easiest payroll software as we provide a 3 step epayroll system which is simplest and the fastest in the industry.
Successfully managing payroll for remote employees
Remote work has been increasing in recent years. Moreover the global pandemic made remote work even more prevalent. More than 85% of managers predict that teams with remote workers will become the norm.
In the midst of never ending changes related to remote work, you need to ensure payroll is done on time. Managing payroll is significantly more complex for remote workers. Employees' morale and the organization's reputation may be affected by delayed payroll operations, and in some cases it may even be the only reason your employees leave the organisation.
Hourly employees working remotely can be difficult to manage, especially when it comes to payroll. We at WalletHR, specialize in making those situations easier on both parties.
There are a few benefits why payroll software comes in handy when dealing with remote workers:
Since employees are working from home, there are chances to make errors and even a slight mistake could create problems for the company. An online payroll management software can process payroll better as it is automated and paperless.
Due to working from home, HR employees might lose track of time and forget to process epayroll payslips. Here the payroll management software comes handy. Custom reminders can be set within the software to ensure that you meet all deadlines on time.
Data security is very crucial as there is detailed information of every employee working in the organization. Payroll service providers like WalletHR ensure that all data shared is encrypted and stored securely on the company's servers.
Automated payroll platforms can help you save a lot of money compared to manual payroll processing. With professional services, your business can cut costs and improve returns.
Wallet HR helps in saving at least 10% turnover year on year.
"We have implemented all the modules of Wallet-HR in our organization. We are very happy to mention that the product works great and the Crystal team implemented the solution at cheetah pace with good understanding. Very commendable job considering the size of our organization. We have integrated attendance devices across our 45 locations to centralised attendance software and integrated to payroll along with other modules. As a result of complete HR automation we were able to save atleast 7% on our turnover year on year. We are extremely delighted to have chosen Crystal HR as our solution provider."
"We have 9 companies with almost 4000 employees Over all; managing employee’s records was very difficult. We have chosen wallet-HR after evaluating many products. Now we are using few modules of Wallet-HR, further we are planning to use all modules from this financial year. We are very satisfied with the Wallet-HR software, because of its updated technology, and the time it saves. Wallet-HR gives us accurate results and reports as per our requirements. Good Luck to Crystal team!"
"Wallet HR has been implemented and integrated across all our 9 locations. We have strict FDI guidelines to follow in respect of access control and attendance, which we have tirelessly implemented with the help of Wallet HR suite."
"We have nine factories across different locations in India. Wallet-HR is implemented for managing our entire employee lifecycle. We had huge challenges in managing workforce using attendance devices. Crystal with their proprietary technology was able to provide us a seamless solution. We have been using Wallet HR for 6 years now with excellent backup support from Crystal whenever required."
"We are amazed by the domain understanding of Crystal and the configuration capabilities of the product. They have been able to provide solution to all our issues without making any customization in the product. It is a great tool that helps to balance the entire process of our organization in an easy manner."
"Intuitive UI, dynamic functionality and robust technology is what made us choose Wallet HR amongst all other products in the market. Earlier we used to manually amend the attendance data before processing payroll, now everything is automatic, which in multiple ways has reduced the time and effort spent in validating the attendance. That is indeed great."
"We are very impressed by the lightning speed of Wallet-HR’s payroll engine. We have been able to process payroll of around 4000 employees in less than two minutes."
"Selection of vendor is a tough process in Hyundai. Wallet-HR has been selected by Hyundai software division to implement the solution across all Hyundai subsidiaries. As a first step we have implemented the solution at one of our subsidiaries in Sriperumbudur and we are happy that they have gone live without any fuss. Good job done by Team Crystal."