Payroll Management simply doesn’t consist of total salary an employee receives at the end of the month. It includes various components such as leave calculations, overtime, daily attendance, reimbursements and various other factors. Generally, the payroll officers commence with the payroll early as they experience a lot of time in calculating the components each month.
The trend in UAE especially in areas like Dubai, Abu Dhabi, Sharjah and Ras Al Khaimah have adopted a HR & Payroll system in place as they would like to avoid any mistake during the payroll calculation which can lead the company with heavy penalties.
There are certain benefits in adopting and keeping a payroll system in place which are:
One click process
Payroll have now been a one click process which indicates processing the leaves, overtime, attendance, reimbursements or deductions in one click.
Time & Attendance integration
A centralized router thus ensures people are compensated accurately and efficiently manages all kinds of computations associated with clock in and out.
Imagine calculating the taxes for the employees and suitable deductions in handling the manual payroll. A system in place can automatically calculate the taxes without any manual intervention and suitable formulas.
Security and control
The security and control a payroll system can provide with no manual intervention or mistakes can handle a company payroll with high importance.
A payroll system reduces the time and most importantly money for any organization since the employees will be focussed on strategic decision making rather than calculating heavy payroll computations.
Wolke provides best Time & Attendance integrated to payroll to number of clients directly and through its varied company expertise. It is a company based in Dubai Internet City UAE across Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman, Fujairah, Umm Al Quwain and also expanded across Qatar & Bahrain for robust, flexible and scalable software solutions. Primarily, we will need an understanding of your company processes, gather requirements and eventually implement a standardised, Microsoft Dynamics NAV/AX/CRM solution. Also, experience a world class affordable HCM Suite (Human Resource Software Solution) with modules like Core HR, Payroll, Time – Attendance, Employee Self Service, Performance Appraisal and Outsourced Payroll service.
Wolke as a company has customer focused solutions and specialises in Microsoft products and software.