Know the Key Benefits of Shifting Your HR and Payroll Solution to Cloud​

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Know the Key Benefits of Shifting Your HR and
Payroll Solution to Cloud

• By - Timelabs

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Cloud Based Payroll Software

• Every organization wants to adapt to new
  technologies that can help its employees become
  productive. The HR team looks for an HRMS that
  makes their day easy and productive. Although you
  may find the best payroll software, how do you
  ensure that it adds value to your business? Is it
  saving you time for other tasks? Is it helping
  you relax? Well, the answer to that is moving
  your HR tasks to the cloud.
• Here, turning towards cloud-based Payroll
  Software helps you avoid discrepancies, and you
  can manage a large amount of data adequately.

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Benefits of Moving Your HR and Payroll Solutions
to the Cloud.
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Accessibility

• What comes in handy with cloud-based HR
  software is that you can manage your tasks on the
  go. It boats cross-browser compatibility and is
  mobile responsive, which means that you can do a
  lot on your small devices as well. Besides, it
  offers an employee self-service feature, and your
  workforce can manage their details independently. 

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Time and Attendance Management

• When it comes to employee management, the first
  thing you want is to create accurate records of
  their attendance and time spent in the office
  premises every day. You do it by relying on
  cloud-based HR solutions. You can retrieve the
  data for salary calculations and performance
  reviews.

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Cost Reduction

• When you move your payroll to the cloud, the
  tasks get automated. It means that you save on
  time and effort that you would invest in
  consulting professional services to look after
  payroll calculations, tax computations, etc. The
  crux is to know the formulas as a cloud-based
  payroll solution gives you the liberty to manage
  your tasks through formula-based calculation.

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Easy Collaboration

• If you have offices in multiple locations, you
  can count on cloud-based solutions to make your
  day easy. A cloud-based payroll boasts
  multi-location support. It means that you can
  access your data, manage it, and even
  collaborate. Its good to use it for payroll
  processing when your employees work in multiple
  locations. 

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No Storage Issues

• In the case of server breakdown or loss of data
  due to natural calamity, its hard to retrieve
  all of it. However, if its on the cloud, you can
  manage it even after years. Thats what cloud
  storage is known for its ability and capacity
  to store data. Besides, you will have no space
  crunch.

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Customization

• Your cloud support vendor can help you customize
  solutions based on your need. Its another good
  thing about the cloud offering. You can meet your
  specific business needs by requesting to
  customize cloud-based payroll software. In
  todays business scenario, its crucial to
  understand the flexibility attached to HR
  software.

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Reporting Analytics

• A cloud-based HRMS offers you the liberty to
  receive real-time insights. It also helps you
  generate accurate reports that help in the
  decision-making process. One can make informed
  decisions after looking at these reports. Its
  most effective in times of payroll calculations
  and performance management.

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Conclusion

• The digital era has brought about significant
  changes in the processes. Be it about managing
  employee records or calculating TDS accurately
  its the way forward. Take note that an
  organization has to pick the pace with the
  changing times if it wishes to succeed in the
  long run.

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Thank You

• Address  69/9, First Floor, MLA Towers, Near
  Dhanwantari Hospital, New       
•                        Sanganer Road,
  Manasarovar, Jaipur 302020, Rajasthan, India
• Mob 91-98111-81044 
• Email info_at_timelabs.in  
• Website https//www.timelabs.in