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by MBA Software

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Allows you to maintain control of your payroll and payroll taxes, deliver greater control and lower your operating expenses. Allows you to maintain control of your payroll and payroll taxes, deliver greater control and lower your operating expenses.

by Technowin Solutions

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Online payroll software capable of incorporating unlimited components for salary composition into payroll processing. Online payroll software capable of incorporating unlimited components for salary composition into payroll processing.

by DRPU Software

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Employee calendar software automates scheduling processes and allows maintaining staff, shifts, leaves and payroll records Employee calendar software automates scheduling processes and allows maintaining staff, shifts, leaves and payroll records

by Ofek Technologies

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Contains everything you need to run an effective and compliant payroll, and offers additional HR functionality as well. Contains everything you need to run an effective and compliant payroll, and offers additional HR functionality as well.

by LogiSoft Computer Systems

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Easy to use payroll management; multi-user, multi-company, multi-currency. Easy to use payroll management; multi-user, multi-company, multi-currency.

by Medlin Accounting Software

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A software solutions with check printing capabilities for managing payroll and payroll taxes. A software solutions with check printing capabilities for managing payroll and payroll taxes.

by Mindsoft Innovations

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Features include user defined policy settings, auto attendance system, calculation of leave accruals, and salary release process. Features include user defined policy settings, auto attendance system, calculation of leave accruals, and salary release process.

by EasyWare

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Software application with employee reports, work details, payments details for organization's payroll systems management. Software application with employee reports, work details, payments details for organization's payroll systems management.

by FastCollab

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FastCollab is a Marketplace for all your Business Services supported by All-In-One Platform. FastCollab is a Marketplace for all your Business Services supported by All-In-One Platform.

by Orange Technolab

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Modular web-based solution that allows you to manage leaves, employee profiles, reimbursement, and payroll. Payroll solution that helps businesses streamline HR processes with applicant tracking, analytics/reporting, leave management and more.

by TeemWurk

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TeemWurk Payroll is the best available option for small and medium business owners as it is a complete package in itself that serves your purpose to the fullest. Its a SaaS based product that can be easily integrated into an HRMS or other accounting systems. The system is updated with tax laws of all states and users can simply compute their taxes just by entering the Zip code and other related details. Other features of the system include time clock management, custom-reporting. Manage accruals and adjust timesheets with TeemWurk Payroll that supports proactive tax filing.

by Sahaj Infotech

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e-Pay is a comprehensive payroll software that covers time office, payroll processing, PF, ESIC , income tax & employee self service. e-Pay is a comprehensive payroll software that covers time office, payroll processing, PF, ESIC , income tax & employee self service.

PIE

by MBA Global

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A powerful,flexible and easy to use payroll management software for small businesses. It helps you manage your attendance ,leave and payroll in a single system. A powerful,flexible and easy to use payroll management software for small businesses.

by ORANGE Digital Systems

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Since 1987 we deliver comprehensive solutions to mid-size companies across Canada. Modules include Attendance, Payroll, Job Tracking and Costing and Human Resources. Our goal is to meet 100% of your requirements -no matter how complex. You'll no longer need spreadsheets to calculate retroactive pays, track time and dollar bank accruals, handle benefits and apply variable pay rates. Brilliantly designed, easy to use, EMPulse is delivered completely configured with your data. Comprehensive HR/payroll/costing solutions designed to implement and automate complex company- and union-specific policies.

by Benetech

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Cloud based solution to automate the processes of HR, payroll, benefits administration, and time and labor management. When integrated with Benetech's healthcare consultation and administrative outsourcing services, the full Benetech solution can reduce costs and create efficiencies by consolidating many of your administrative services under a single vendor and reducing system silos to a single integrated technology/consultation/administrative outsourcing solution. Cloud based solution to automate the processes of HR, payroll, benefits administration, and time and labor management.

by DEEPROOTS TECHNOLOGIES

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Cloud based solution with time off management, performance appraisal entry, user administration, and more. Cloud based solution with time off management, performance appraisal entry, user administration, and more.

by Complete Payroll Solutions

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A complete suite of flexible HR capabilities for companies of every size, with HR, benefits, and compliance experts under one roof. A complete suite of flexible HR capabilities for companies of every size, with HR, benefits, and compliance experts under one roof.

by Accentra Technologies

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A cloud based payroll system in India that automates every element of payroll processing. A cloud based payroll system in India that automates every element of payroll processing.

by 2Interact

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A portal based global HRMS solution with many seamlessly integrated modules for HR, Payroll, Time, Talent And Risk management. A portal based global HRMS solution with many seamlessly integrated modules for HR, Payroll, Time, Talent And Risk management.

by Orange Enterprises

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Payroll Employee Tracking (PET) Tiger is a paperless and wireless labor management tool that incorporates different technologies such as time clocks, biometrics and handheld devices. Via its comprehensive data collection methodology and database structure, employers gain control and better performance through analysis of their operations. It is compatible for use with virtually any electronic device, including Android, Apple and Windows products. Payroll Employee Tracking (PET) Tiger is a paperless and wireless labor management tool that incorporates different technologies.

by Symmetry Software

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Payroll can be complicated. Don't you think it's time to get the right taxes, the first time? Payroll can be complicated. Don't you think it's time to get the right taxes, the first time?

by SPOKE INFOTECH

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Solution with features such as time attendance, HRM, shift and leave management, payroll, reports, and more. Solution with features such as time attendance, HRM, shift and leave management, payroll, reports, and more.

by Paymaster Solutions

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Payroll and HR solution for medium to large enterprises, including e-HR intranet. Payroll and HR solution for medium to large enterprises, including e-HR intranet.

by Cycloides

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Cloud-based payroll system in compliance with CRA-Payroll & The Canadian Payroll Association which can be integrated with the ERP Cloud-based payroll system in compliance with CRA-Payroll & The Canadian Payroll Association which can be integrated with the ERP

by Zenscale

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Zenscale is an emerging software company giving a tough competition by means of its remarkable cloud-based business solutions. The solutions offered by Zenscale are unbeatable and are developed keeping in mind the varying needs of SMEs. Payroll management, financial accounting, material management, and production planning are 4 solutions offered by zenscale. Zenscale is an emerging software company giving a tough competition by means of its remarkable cloud-based business solutions.

by Netiquette

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Netiquette Payroll System is a cloud payroll solution that incorporates human resource system with payroll management capabilities needed to manage an expanding company within a single complete payroll system. It is designed to meet all management and statutory requirements, supports all major banks, transactions and payment models, using a simple yet effective interface to create an efficient and accurate payroll process for businesses. A payroll solution that incorporates human resource tools with customizable reporting system for all types of businesses and industry.

by MQSYS Technologies

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Payroll system for companies of all sizes. Includes attendance, leave, expense, and payroll management. Payroll system for companies of all sizes. Includes attendance, leave, expense, and payroll management.

by Nibelis

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Nibelis is a payroll and HRIS solution that provides features such as talent management, leave planning and pre-parametrized scorecards Nibelis is a payroll and HRIS solution that provides features such as talent management, leave planning and pre-parametrized scorecards

by Divine IT

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LinesPay is a web-based, comprehensive, and flexible human resources and payroll management software support attendance supports attendance, leave and holiday, Employee management, e-recruitment, performance appraisal, payroll management, tax management, loans, deductions, provident funds etc. LinesPay is a web-based, comprehensive, and flexible human resources and payroll management software

by Paywrap

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A payroll platform for enterprise customers with an employee database, attendance, payroll, reports, and more. A payroll platform for enterprise customers with an employee database, attendance, payroll, reports, and more.

by EDP Soft

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A payroll, deployment, and invoicing solution for security and facility management personnel. A payroll, deployment, and invoicing solution for security and facility management personnel.

by Moulton & Hardin

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One Single Employee Record - Recruiting, Applicant Tracking, Onboarding, Payroll, Time, and HRIS Modules for Human Capital Management One Single Employee Record - Recruiting, Applicant Tracking, Onboarding, Payroll, Time, and HRIS Modules for Human Capital Management

by Kitikiti HRM

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A payroll solution with integrated leave and expense modules, payslip generator, employee management, business data reports and more. It works right out of the box, allowing payslips generation, leave application and expense claims, based on auto-seeded HRM policies localized to your country, or a generic one. Starting with the end in sight allows easier customization, coupled with our various tools such as employee copier, bulk creator and configuration rebooter. Free 2 months trial + setup A payroll solution with integrated leave and expense modules, payslip generator, employee management, business data reports and more.

by Pieper Payroll

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Payroll Software for New Jersey based small and family owned buisnesses. Payroll Software for New Jersey based small and family owned buisnesses.

by GetPayroll

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Paperless payroll app designed exclusively for micro-businesses and requiring only 3 cllicks. Paperless payroll app designed exclusively for micro-businesses and requiring only 3 cllicks.

by A2000 Solutions

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The most value-for-money Singapore payroll & HR software in the market today. The most value-for-money Singapore payroll & HR software in the market today.

by Focus Infosoft

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Effectively manage the database of all the employees with resume, academic qualifications, photograph, designation, salary details. The module enables the institute to process salary with all types of allowances & deductions, TDS, PF, ESI, Gratuity, Prof. Tax, Overtime, Arrears, loan accounting and helps generate pay slips, ITR forms etc. Grading and Scaling of salary are also available. Own earning & deduction heads and the calculation rule for each can be defined. Complety effortless Payroll Management for any organization.

by T3 Technologies

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Import data directly from handheld devices and time clocks into payroll reports. Import data directly from handheld devices and time clocks into payroll reports.

by happierWork

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HappierPay is a simplified but intuitive payroll processing software. It automates all complex calculations to make employees life easier. Happier Pay is highly configurable and flexible in spite of the complex pay calculations for all the employees. Moreover, HappierPay comes with a BOT with the same intuitiveness. It also has a self-service portal where employees can declare their investments, claim expenses, and apply for loans. HappierPay is a simplified but intuitive payroll processing software.It automates all complex calculations to make employees life easy

by Able Home and Office

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Software that is used for payroll processing and meets PNG tax and labour standard. Software that is used for payroll processing and meets PNG tax and labour standard.

by Tricon Infotech

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PayWheel, a cloud-based payroll software that helps you automate the complex payroll process along with system generated pay slips, pay register, leave, attendance, statutory compliance, employee self-service and lots more. PayWheel- payroll software caters to the Indian statutory standards and provides a solution that is cohesive and complete. Cloud and web-based, multi-user HR and payroll software management solution for companies based in India.

by SolutionDots Systems

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Dynamic HR and payroll management system solution that comes with a variety of features built in. Dynamic HR and payroll management system solution that comes with a variety of features built in.

by Info-Tech Systems Integrators

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Payroll software approved by the CPF board with IR8A online submission to IRAS and easy salary transfers. Payroll software approved by the CPF board with IR8A online submission to IRAS and easy salary transfers.

by PiyushTech Enterprises

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Designed to simplify the payroll process and effortlessly scale as your business grows. Designed to simplify the payroll process and effortlessly scale as your business grows.

by Sudarshan Software Exports

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Scalable software for payroll processing from experienced software developers.. Scalable software for payroll processing from experienced software developers..

by Make My Office

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Cloud-based payroll solution that helps businesses manage leave management, tax information, and attendance management. Cloud-based payroll solution that helps businesses manage leave management, tax information, and attendance management.

by Payslip

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Payslip is a Payroll software that helps you to effectively manage all processes related to employee's benefits, salaries, and wages. Payslip is a Payroll software that helps you to effectively manage all processes related to employee's benefits, salaries, and wages.

by Infinet Cloud Solutions

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A native application, built for NetSuite, to process and calculate payroll and drive data rich financial outputs for UK Employers using NetSuite. Infinet Customers benefit from real-time and meaningful insights in to one of, if not their biggest, costs - payroll. Seamlessly tied in to NetSuite reporting, KPI's and dashboards. We support PAYE, P11d, Auto-Enrolment and more on the same platform as your financials to close the loop on your financial reporting and payroll needs. A native application for calculating payroll and financial outputs for UK Employers using NetSuite.

by Back Office Remedies

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Cloud-based HR & payroll management solution for small and mid-sized businesses to streamline their daily HR operations. Cloud-based HR & payroll management solution for small and mid-sized businesses to streamline their daily HR operations.

by Seresco

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Milena Personal is a powerful, flexible and secure platform for the administration of payrolls and human resource management. Milena Personal is a powerful, flexible and secure platform for the administration of payrolls and human resource management.

by Telleroo

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Send bulk payments easily, instantly. Import payment files from your accounting and payroll software to send in seconds. Send bulk payments easily, instantly. Import payment files from your accounting and payroll software to send in seconds.

by Talent Maximus

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It allows businesses to generate a number of customisable & comprehensive reports that help do thorough work-force analysis. Our system also allows businesses to generate a number of customisable and comprehensive reports that help do a thourough work-force analysis at any point in time, allowing you to always make the most informed manpower decisions. Visit our website - http://www.talentmaximus.com It allows businesses to generate a number of customisable & comprehensive reports that help do thorough work-force analysis

by Payslip.com

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Payslip is a Global Payroll Management Software solution that provides centralized process control, systemized data protection, and vendor management to international employers. Payslip reduces global risk and delivers clear business intelligence on a significant company cost. Payslip digital technology empowers payroll professionals to streamline your global payroll processes and manage your international data, resources, and vendors efficiently on one user-friendly cloud platform. Payslip is a Global Payroll Management Software for HR and Finance teams, which delivers payroll control, automation and reporting.

by Agipaie

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Online payroll software. French product, only available in French. Online payroll software. French product, only available in French.

by Sage

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Sage MicrOpay is a powerful payroll and HR solution for businesses in any industry. Sage MicrOpay is developed in Australia with functionality specifically designed to address the HR management and payroll requirements unique to Australian employment conditions and legislation. MicrOpay is also New Zealand compliant. Sage MicrOpay is a powerful payroll and HR solution for businesses in any industry or size, serving Australia and New Zealand.

by eBacon

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Certified payroll solutions to streamline compliance calculations, fringe tracking & savings and certified report generations. Certified payroll solutions to streamline compliance calculations, fringe tracking & savings and certified report generations.

by HR Software Solutions

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Saas-based payroll software for small and mid-sized businesses that helps monitor real-time employee attendance data. Saas-based payroll software for small and mid-sized businesses that helps monitor real-time employee attendance data.

by Mitrefinch UK

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Mitrefinch Flexipay is a proven payroll solution and trusted by over 2000 organisations in the UK to process their payroll. The solution is designed with accuracy and speed in mind, delivering real-time payslip calculations and able to process calculates, BACs, RTI files and payslips at super-speed, ensuring every customer benefits from operational efficiency and more time for making adjustments before payroll cut-off, which is one of the reasons that so many payroll bureau organisations use it. Mitrefinch Flexipay payroll solution is used by over 2000 organisations in the UK to pay their employees with speedy processing.

by LeaderSoft

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Payroll management solution for companies of any size. Payroll management solution for companies of any size.

by Cegedim SRH

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Teams Payroll is a global payroll management solution made with powerfull control tools. Personnel and payroll administration are available on sereval levels of services : SAAS (software only), Processing (software and outsourcing), BPO (Business Process Outsourcing) and BPO on Demand. The BPO service includes the whole processes management (data entry, payroll) and optimizes the activity. Global payroll management solution made with powerfull control tools. Available at several levels of services: SAAS, Processing, BPO..

by Payroll Tax Management

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Payroll tax software for the payroll service industry and corporate employers. Payroll tax software for the payroll service industry and corporate employers.

by PowerBooks

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State of the art accounting software to keep all of your business finances organized in one place. State of the art accounting software to keep all of your business finances organized in one place.

by EzBeez

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Online platform for automating and simplifying payroll and benefits management. Online platform for automating and simplifying payroll and benefits management.

by Rue de la Paye

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Rue de la Paye is an intuitive and easy-to-use payroll management tool. Available in French only. The company also propose payroll outsourcing for french companies or foreign companies operating in France without subsidiary. Rue de la Paye is an intuitive and easy-to-use payroll management tool. Available in French only.

by LISTO

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Allows businesses to manage their payroll service and employee absences. Allows businesses to manage their payroll service and employee absences.

by Zoho

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Zoho Payroll is a cloud-based payroll management system which automatically calculates salaries, taxes and deductions, sends payslips out every month and performs all other payroll activities. Try Zoho Payroll with our 30-day free trial. Spend less time running payroll for your employees so you can focus on growing your business.

by Ramsal Software

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Payroll software that is adaptable to any company regardless of its complexity. Internal language RPN to generate any calculation. Payroll software that is adaptable to any company regardless of its complexity. Internal language RPN to generate any calculation.

by AFAS Software

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The Dutch family-owned company AFAS Software develops software products for businesses. We do this while focusing on customers, employees and the environment. In the Netherlands, Belgium and the Caribbean, we process 2.2 million pay slips per month at the push of a button. Fully integrated with our HR and Finance software, our payroll software reduces your administrative load. Fully integrated with our HR and Finance software, our payroll software reduces your administrative load. Discover AFAS Software.

by Pento

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Run payroll like its 2019. Forget spreadsheets and pay your employees in 3 easy steps. Payments run automatically, taxes are calculated instantly, and it's all fully connected to HMRC. No more spreadsheets and manual bank transfers. Enjoy! Pento automatically reports to HMRC, pays your employees, and generates payslips without spreadsheets and manual bank transfers.

by SAG Infotech

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Gen desktop payroll software is a complete human resource management solution for the companies having an employee base in dozens or hundreds. The software creates virtual connectivity between HR and employee. Employees can also trace their account details, leaves taken or pending, list of public holidays, etc. by using their account on Gen Desktop Payroll software. Gen desktop payroll software is a complete human resource management solution for the companies having an employee base in dozens.

by Payentry

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Payentry is a software company that provides enterprise employee management and retirement options to small and medium businesses. Payentry is a software company that provides enterprise employee management and retirement options to small and medium businesses.

by CodeBreaze Solutions

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Payroll solution designed for any type of business. Payroll solution designed for any type of business.

by SD Worx

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SD Worx Payroll is a payroll software that helps to streamline and simplify your processes. SD Worx Payroll is a payroll software that helps to streamline and simplify your processes.

by MediSolution

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Virtuo is a complete human capital management solution comprising Virtuo Payroll, Virtuo HR and Virtuo Scheduling, offering payroll, human resources, scheduling, and time and attendance modules. Virtuo and Virtuo HR are proven solutions that allow organizations to access and manage all aspects of their most valuable resource - their people. Virtuo is a human capital management suite comprising Virtuo Payroll and Virtuo HR, software solutions for payroll and human resources.

by Euristic

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Payroll management solution designed to control budget execution and social costs, manage and forecast workforce. Payroll management solution designed to control budget execution and social costs, manage and forecast workforce.

by Payroll Business Solutions

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Accord Payroll Software is available as an On-Premise / Internally Hosted as well as externally hosted (Cloud) payroll solution. It is HMRC-recognised, Microsoft tested, RTI and Pension auto-enrolment enabled, ISO 9001 & 27001 certified systems, processes and support services. Accord is highly scalable, optional and specialised functionality includes pension payrolls support, CIS support, foreign tax credits functionality, invoicing and credit control, online payslips and P60s. Accord Payroll Software is an HMRC-recognised, GDPR compliant, comprehensive, scalable and highly configurable payroll software.

by OnePoint HCM

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Web-based solution that provides applicant tracking through automated tools, job posting, reporting, notifications and more. Web-based solution that provides applicant tracking through automated tools, job posting, reporting, notifications and more.

by Staffology

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Web-based payroll application for the UK. A powerful API is available covering all of the functionality. Web-based payroll application for the UK. A powerful API is available covering all of the functionality.

by BeneFinder

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No add-on charges! Our Human Capital Management platform encompasses and links together all human resource management tools. By streamlining recruiting, interviewing processes, hiring/firing regulations, payroll logistics, tax compliance, and employee benefits administration, this user-friendly interface creates more time and less stress for both executives as well as employees. It empowers our clients with measurable, valuable insights into the productivity of their employees. Schedule a demo! Our affordable, user-friendly, cloud-based platform for small business, links together ALL essential HR mgmt tools. Save time & money!

by Admilia

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Easy-to-use payroll management solution for public institutions.Can be tailored to the needs of your institution. Easy-to-use payroll management solution for public institutions.Can be tailored to the needs of your institution.

by Everee

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Full service payroll platform allows employees to get paid daily, simplifies paperwork and speeds up every step of the payroll process. Full service payroll platform allows employees to get paid daily, simplifies paperwork and speeds up every step of the payroll process.

by Aurion

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Only one payroll solution offers an error-free, 100% compliance guarantee, in addition to all the features every modern business needs to keep their staff and the ATO happy. At Aurion, we have over 30 years experience meeting the payroll needs of large corporate and government entities, which is why we can guarantee the all-in-one PayGo payroll solution weve tailored to SME needs, in a way other providers cant. Get 100% compliant payroll guaranteed with Aurion PayGo, our latest managed payroll service for businesses of any size.

by SPAN Enterprises

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All-in-one payroll and compliance solution for businesses. All-in-one payroll and compliance solution for businesses.

by Business Pointers

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Cloud-based human resource solution which helps businesses with applicant tracking, payroll, recruitment and performance management. Cloud-based human resource solution which helps businesses with applicant tracking, payroll, recruitment and performance management.

by Apex Software Technologies

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Customizable payroll and HCM software suite that enables payroll service bureaus and vendors to increase revenue, streamline workflow, and improve customer service. Includes time and attendance, payroll tax, and workforce management tools. Customizable payroll and HCM software suite that includes time and attendance, payroll tax, and workforce management tools.

by PayPlus Software

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Cloud-based solution which assists with payroll operations through profit analysis, benefits administration, reporting, and more. Cloud-based solution which assists with payroll operations through profit analysis, benefits administration, reporting, and more.

by PAYEsoft.com

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Cloud-based solution that assists with payroll operations through payslip management, full payment submissions, and tax compliance. Cloud-based solution that assists with payroll operations through payslip management, full payment submissions, and tax compliance.

by iSuweldo

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Automate you payroll operations with employee self-service, time & attendance tracking, and leave management capabilities. Automate you payroll operations with employee self-service, time & attendance tracking, and leave management capabilities.

by Rapid Data

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On-premise payroll application that gives businesses the tools for personnel management, tax calculation, and reporting. On-premise payroll application that gives businesses the tools for personnel management, tax calculation, and reporting.

by Intersoft Technologies International

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Payroll management system which assists municipal bodies with employee time entry, payroll calculation and record management. Payroll management system which assists municipal bodies with employee time entry, payroll calculation and record management.

by Cyberedge Web Solutions

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Web-based solution that assists with payroll operations through statutory reporting, leave & attendance tracking, and more. Windows-based solution that assists with payroll operations through statutory reporting, leave & attendance tracking, and more.

by Tekplus

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Cloud-based solution that assists with payroll operations through timesheet, leave tracking, GPS timestamps, reporting, and more. Cloud-based solution that assists with payroll operations through timesheet, leave tracking, GPS timestamps, reporting, and more.

by csmascent

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Cloud-based solution that assists with payroll operations through absence reporting, batch input, general ledger extraction, and more. Cloud-based solution that assists with payroll operations through absence reporting, batch input, general ledger extraction, and more.

by Economised Time Services

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Web-based solution that helps human services agencies with staff payroll processing, FTE tracking, overtime calculation, and more. Web-based solution that helps human services agencies with staff payroll processing, FTE tracking, overtime calculation, and more.

by Micro Systems Consultants

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Payroll solution that assists HR teams with pension plans, attendance data, printable W2 forms, reporting, tax compliance, and more. Payroll solution that assists HR teams with pension plans, attendance data, printable W2 forms, reporting, tax compliance, and more.

by Maruti Computers

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Web-based solution that assists with payroll operations through an integrated tax calculator, reporting, biometric tracking, and more. Web-based solution that assists with payroll operations through an integrated tax calculator, reporting, biometric tracking, and more.

by Accountix

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On-premise solution designed for the PEO/ASO industry to manage general ledger and tax withholding, process billing and payroll. On-premise solution designed for businesses to manage general ledger & tax withholding and streamline payroll processing.

by Vision Municipal Solutions

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Windows-based solution designed for businesses that helps automate payroll processes, employee access, federal reporting, and more. Windows-based solution designed for businesses that helps automate payroll processes, employee access, federal reporting, and more.

by Quick Software

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Windows-based payroll management solution for businesses that helps manage tax calculation, data, payslips, reports, deductions & more. Windows-based payroll management solution for businesses that helps manage tax calculation, data, payslips, reports, deductions & more.

by 4Circle Technologies

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Web-based HR management tool that enables businesses to manage payroll, documents, reports, and more. Web-based HR management tool that enables businesses to manage payroll, documents, reports, and more.

Payroll Software Buyers Guide

What is payroll software?

Payroll software automates the process of managing employee salaries, wages, bonuses, and deductions. It also tracks time off, vacation accrual, and benefits. Payroll software is available as a standalone application or as part of a larger software suite such as HR or accounting software.

The benefits of payroll software

  • Improve compliance: Tax rules and regulations frequently change. Calculating taxes can be confusing, and missing deadlines may mean hefty fines and penalties for employers. Payroll system helps companies stay compliant with current state and federal laws by providing information and reminders about compliance requirements. Some payroll software can also automatically generate reports for filing requirements.
  • Eliminate the need for outsourcing: Using your own payroll program helps eliminate the risk of giving employees' confidential and private information to a third party and gives you full control of your financial data.
  • Offer self-service features and transparency to employees: Employers can give staff limited access to payroll information through payroll software. Employees can access their payroll information using individual accounts on an employee self-service site.
  • Save time: With automated features in payroll programs, employers can speed up every aspect of the payroll process, as well as reduce errors.

Typical features of payroll software

  • Time tracking: Track timesheets and manage attendance for payroll processing.
  • Payroll management: Track attendance, salary levels, benefits, reimbursements, leave, advances, taxes, and policies and processes for employee payroll.
  • Tax management: Process tax-related transactions and ensure compliance with state and federal taxes.
  • Reporting/analytics: View and track pertinent metrics and generate payroll reports such as salary statements, benefits reports, and leave summaries.
  • Direct deposit: Digitally deposit payroll amounts from company accounts into individual employees' bank accounts.

Considerations when purchasing a payroll system

  • Integrations: Your payroll solution should integrate with other software solutions you use such as accounting and HR. Integration with these solutions ensures that data is consistent across systems. This is especially important as businesses grow and payroll processes get more complex.
  • Full cost of the software: Choosing a payroll system that suits your budget and requirements is of utmost importance. Sometimes the price listed on a vendor website does not represent the full cost. The solution may come with hidden fees such as separately-charged features or fees for setup, system upgrades, paychecks, or training and support. It's important to know the vendor's payroll services pricing model in order to save you from unnecessary surprises.
  • Regulatory compliance: As there are strict tax filing deadlines and hefty fines for missing a tax deadline, payroll software should help you comply with tax laws, social security requirements, and local regulations. It also should update automatically when tax laws and requirements change. A payroll system should also be able to set the right wage deductions and tax adjustments for each employee.
  • AI can answer employees' questions: Artificial intelligence (AI)-driven software and AI chatbots can be used in payroll system to answer employee queries. AI can also help classify employees into their correct tax bracket. All of this saves time for HR staff.
  • Integrated systems provide a better data picture: Integrating payroll system with other systems such as accounting and HR gives better control and visibility of data and processes. It reduces data duplication and redundancy, which allows organizations to get a clear picture from a single source of data. Payroll integration with human capital management systems will allow organizations to achieve a greater perspective on their workforce .