No one said payroll would be easy, but with the right tools and upgrades, it can be a lot less painful. Here are six of our favorite payroll upgrades for businesses of all sizes. Check them out and see which ones might work for you.
Automate Payroll
One of the best upgrades you can make to your payroll process is to automate it. Automating your payroll can save you time and money, and it can help ensure that your employees are paid accurately and on time. There are various automation tools available, so be sure to choose one that fits your needs.
An automated payroll system can help you save time by reducing the number of hours it takes to process payroll. Automation tools keep track of your employees’ work hours, tax deductions, and benefits.
Use an Employee Scheduling App
Another significant payroll upgrade is to use an employee scheduling app. An employee scheduling app can help you keep track of your employees’ hours and shifts, and it can help you ensure that your employees are appropriately scheduled.
An employee scheduling app can also help you save money by optimizing your staffing levels. And, since many apps integrate with payroll systems, you can automate much of the scheduling process.
The benefits of using a scheduling app include tracking and managing your employees’ schedules, including who is scheduled for what shifts and for how long, and ensuring that your employees aren’t overworked by avoiding scheduling two full-time people to work the same shift.
Pay Half of Your Employees Weekly
Consider paying half of your employees weekly if you’re looking for a simple payroll upgrade. This can save you time and money, and it can help simplify your payroll process.
Paying employees weekly can also help you reduce the paperwork associated with payroll. And, since many employees prefer to be paid weekly, this can be an excellent way to attract and keep talented employees.
Paying half of the employees weekly can also help you save on payroll taxes. You can spread out the payments over two tax periods by paying employees every other week. This can help reduce your tax bill and improve your cash flow.
Use an Online Time Clock
Another significant payroll upgrade is to use an online time clock. An online time clock can help you keep track of your employees’ hours, and it can help you ensure that they are adequately clocked in and out.
A time clock app can also help you save money by reducing the time it takes to process payroll. And, since many online time clocks integrate with payroll systems, you can automate much of the clocking-in process.
The benefits of using an online time clock include reduced processing time, accurate records of employee hours, and improved compliance with labor laws. These not only save you time and money, but they can help reduce your risk of errors or fines.
Offer Flexible Scheduling
Many employees appreciate flexible scheduling, and it can be good for your business as well. A flexible workplace can help you reduce employee turnover, and it can also improve employee morale. So, if possible, consider offering some flexibility when you’re scheduling your employees’ shifts.
Flexible scheduling can also help you attract and keep talented employees. And, since many employees prefer to work flexible hours, this can be an excellent way to meet their needs.
There are many benefits of using flexible scheduling, like the fact that employees are happier and more productive when they choose their work schedules, or that with an increased sense of autonomy, they will be more engaged and better team members.
Switch Over to a Cloud Accounting System
If you’re still using a desktop accounting system, it’s probably time to switch to a cloud accounting system. Cloud accounting systems can help you save money and time, and they can also make your payroll process more straightforward.
A cloud accounting system can help you automate your accounting and payroll processes. And, since they are cloud-based, they can be accessed from any device with an internet connection. Also, many cloud accounting systems integrate with automated payroll systems, saving you even more time.
So, if you’re looking for a way to make your payroll process more straightforward, consider upgrading to one of these six tools. They can save you time and money and help you get your payroll done more efficiently.
