Advantages to Hiring the Best Reduce Payroll Processing Costs

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QuickHR Solution To Effectively Reduce Payroll
Processing Costs
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Advantages to Hiring the Best Reduce Payroll
Processing Costs
THE ROLE OF HR Full access to end-to-end payroll
services and reduced payroll
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processing costs Payroll is an important
component of any HR function. It deals with
employee benefits, payouts, tax filing, and much
more. With so many administrative tasks related
to it, many companies (particularly SMEs and
start-ups) prefer to outsource payroll management
to third-party providers. Collaboration and
partnership with a good payroll provider are
beneficial. Payroll providers enable companies
to have full access to End-to-end payroll
services Hard-copy of payslips Real-time
payroll report generation and much more. All
these services ultimately equate to convenience
For immediate access to accurate reports
Hassle-free payroll management and more
productive use of time.
With convenience comes payroll processing costs.
The costs vary depending on the extent of
payroll management/involvement required. With
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many payroll providers available, they offer good
rates. However, their price may still be
considered too steep especially for small
businesses and start- ups.

• Payroll processing Costs and service inclusions
• What and how are payroll providers charging their
  clients?
• Payroll providers charge depending on the
  following
• Total number of employees in the payroll
• Frequency of employees payout
• Tracking of hours rendered and the corresponding
  rate
• Distribution of payslips
• Computation of Overtime
• Leave management system
• In-depth and thorough monthly payroll reporting
• Ad hoc required payroll services
• Payroll providers usually offer different
  packages for businesses to choose from. It can
  range from basic to extensive coverage.

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Average payroll processing costs per employee for
basic package is usually between SGD70 and SGD75
for a minimum of 5 employees. Special additional
services such as Leave Management and claims
processing may cost around 3 each per head extra.
Reduction of payroll processing costs A
possibility what can be done to signi?cantly
reduce processing cost? Simply put, cloud-based
HR Solutions software takes the job of payroll
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providers. All required information is stored
online. The software provides easy access to
accurate reports anytime, anywhere. The software
also provides an impressive and enhanced user
interface. All users are treated with utmost
comfort and convenience because of its design
and layout. All functions are easy to find and
functions easy to understand and use. The
cloud-based software significantly reduces
payroll processing costs while providing a good
user interface. The software ultimately becomes
every companys tool to achieve cost-efficiency
through simple usability and excellent design.
QuickHR Our cloud-based software reduces payroll
processing costs with the best user interface
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Partner with Singapores leading provider of
cloud-based HR Solution QuickHR is proud to be
Singapores leading Cloud-based HR
Solution. Even better, our company aims to
provide our most technologically advanced
solution in a user-friendly, cost-efficient, and
lightning-speed way.
Our cloud-based "QuickPayroll" can be done with
just three clicks Generate, Preview, and
Submit. It comes equipped with a CPF calculator
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and auto SDL deductions. Everything is designed
to make running payroll software hassle-free and
easy. All these functions are strategically laid
out for easy navigation. This enables any user
to easily explore all functions without taking
too much time spent on learning. Even the most
basic of users adjust easily and become expert
users in no time.
Its vibrant web design also completes the entire
user experience. The use of colors, animations,
and text are geared to encourage playfulness and
positivity. All these factors subliminally make
any user stay longer and explore more.
Once again, we hope that you've enjoyed a good
reading. And remember, Think Now, Think Far,
Think QuickHR. Get in touch with us at
quickhr.co/contact-us to find out more about our
state-of-the-art HRMS solution!
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