In the last decade or so, the business landscape has vastly changed, and the entrepreneurial mindset has set in, giving rise to a multitude of small to medium-sized organizations which need to be agile and dynamic to stay ahead of the competition.
Under these situations, the legacy systems and on-site hardware and software installations are not able to tackle complex business situations and insights. Thus, the logical step forward would be to embrace the power of cloud computing and get quicker and more accurate insights which are the key to any business decision along with rationalizing the cost on all fronts.
Having said that, there are still a lot of companies that have not automated their businesses leading to inefficiencies and inaccuracies, thus leading to failure. For example, automation in HR takes care of a multitude of activities which are automated, like onboarding, leave management, training, payroll, taxes, and compliance. In many small businesses, all these functions are still carried out manually, thus leading to the building up of chores & possibility of errors.
Enspire HR is a cloud-based payroll management system that is specifically built around start-ups and small business units. It is an easy-to-implement and budget-friendly software that can be accessed from anywhere and on any device. Data is centrally stored and can be retrieved easily with proper accesses in place.
Let us now highlight the benefits that you would gain by partnering with us:
Lower Operational Costs
With Enspire HR payroll software, organizations now need not worry about investing in legacy systems that involve installation and software updates on the premises. Also, overhead costs to maintain such expenses are also eliminated. Enspire HR payroll is affordable with cloud data storage, thus eliminating the need for on-premise installation. Annual pricing is affordable for businesses of all sizes, including start-ups. Maintenance of the software system is also quickly done through automated updates. So, leave everything to us as we take the entire responsibility, right from installation to periodic maintenance and updates, thus making your life stress-free.
Faster and Efficient
Conventional payroll systems need to be more dynamic and keep pace with the fast-paced data-driven world. Even the best of the traditional techniques falls short here due to the agility and dynamism provided by cloud-based software like Enspire HR. An added advantage is that the data related to payroll can be accessed from anywhere and anytime. Thus, the workflow is executed much faster, and response time is quicker for processing employee queries.
Automated Compliances
Enspire HR payroll software easily automates the compliance requirements such as TDS, PF, ESI, PT & return filings. As the regulations keep changing, this feature becomes extremely helpful in keeping pace with updates like dual tax regime law, etc. When any new law is brought in, or the existing law is amended, HR does not have to update manually; the system takes care of the updates to the payroll process. Thus, the business stays compliant at all times with the statutory requirements.
Centralized Employee Data
The HR function is, as such, burdened with keeping records of huge volumes of employee life cycle data. Thus, it is challenging to maintain the data points accurately. It is possible with a centralized system like Enspire HR payroll software, which allows the department to handle employee information from one centralized data source.
Relief for the HR team
From time to time, the HR team collects expense proofs from employees and gets back to them with reimbursements and related queries. So, a lot of emails go back and forth, thus consuming a lot of time. This aspect is also well taken care of by the Enspire HR payroll system, which puts a system in place called the employee self-service portal wherein the employees’ queries are resolved, and they are delegated to submit the proof of submission. Thus, HR is relieved of this task and can focus on other essential organizational tasks.
Easily Scalable and Customizable
Enspire HR payroll software is easily configurable, and the settings can be customized. For different grades of employees, different salary structures and customized offer letters can be generated. All the payment-related tasks can be easily configured around users, like employee reimbursements, contractor payments, leave/attendance management, etc.
The legacy solutions are difficult to customize, and as organizations add new employees, the entire process becomes cumbersome. In these situations, where the company is in a growth mode, our cloud-based solution remains an easy solution and is far less complex than legacy systems or complex spreadsheets.
Comprehensive Reports and Analytics
One issue which generally crops up with the use of traditional software is the management of report generation and analytics. These on-premise systems are unorganized, lead to duplicate information, and give out meaningful insights. Thus, decision-making with the use of a traditional system is often tricky. Enspire HR cloud-based payroll management overcomes these shortcomings and, on a real-time basis, consolidates the data from a central database and delivers powerful insights that help the organization make quick decisions based on analytics.
Automated Employee Onboarding
EnspireHR payroll software acts as a great onboarding tool for new hires as all the documents about the new joiners can easily be uploaded to the cloud, such as degree certificates, Aadhaar, bank account details, etc. HR can streamline the common checklists and initiate the necessary processes from the software, thus making for a quicker and more efficient onboarding experience.
Are you looking for new-age cloud payroll software?
A comprehensive requirement for payroll software is fulfilled by Enspire HR, which accurately handles the payroll requirement and accurately calculates the payouts/reimbursements within a quicker timeframe. As your business scales, Enspire HR adapts itself to cater to the volumes of payouts while adhering to statutory compliance. Enspire HR payroll software very well fits into the organization of all sizes.
Call us now for a free demo at +91 99510 53333 or write to us at enspiresales@vestrics.in to start your journey with us, and experience the power of cloud computing with Enspire HR payroll management software.