5 Core Functions of Payroll Software for Indonesian Companies

With technology advancing as fast as it is today, every company needs to use the technology available so it does not fall behind other businesses. One way to do that is to use payroll software in Indonesia, which helps competent employees do their best work. Here are the core functions of this software.

Core Functions of Payroll Software

1. Calculating Employee Salaries

One of the main functions of payroll software is calculating the salaries of a company's employees. It works by setting each employee's gross salary and then entering the amounts deducted from it, from insurance, BPJS Kesehatan (national health insurance) and BPJS Ketenagakerjaan (employment social security) to taxes and so on.

The software enters these salary components automatically to arrive at each employee's net pay. Once the calculation is done, the system also automatically takes the funds from the company's account and transfers them to the employees' accounts. This cuts down on the human error that often happens with manual methods.

2. Storing Data Automatically

Another function of payroll software in Indonesia is storing data automatically. This is even one of the main reasons companies need it. If you still store employee data the conventional way, it is bound to be a hassle.

On top of that, manual methods pile up paper in the office, which makes things look even more chaotic. That will not happen if you use payroll software, because incoming data is saved automatically and securely on the application's main server. You can also access it whenever you need it.

3. Creating Reports as Needed

Payroll software can also be used to create reports to suit the company's needs. Together with accounting, the HR department that runs payroll can produce reports in as much detail as the business requires. The high frequency of transactions in the system makes the reports easier to read and analyze.

4. Creating Tax Forms

Creating tax forms is one of the core functions of a payroll application. Making a tax form is not easy, because many values are needed before it can be printed. With payroll software that integrates automatically, though, none of the required items get missed anymore.

5. Self Service

Another function of payroll software in Indonesia is letting employees use self service. Employees can then access information on their salary, bonuses, deductions, working hours and more much faster. They can even submit leave requests more easily through the system.

Functions like these will help a company grow, because they make every employee-related task easier and the process is very fast, since it is automated. If you need a payroll application, SPISy from Sakura System can be the answer for working efficiently.