Transforming HR and payroll with specialist solutions is not just about doing away with the laborious manual system; it also provides additional benefits, writes SANDRA SWANEPOEL, MD at Sage HR & Payroll.
One of technology’s key gains is doing away with the time consuming and painful weekly or monthly manual payroll system.
Transforming HR and payroll with specialist solutions is not just about doing away with the laborious manual system; it also provides additional benefits. These include:
Saving time and money on manual labour
A payroll solution will automate the processes of printing and distributing payslips as well paying employees. That will save you many hours spent manually calculating statutory deductions and spare you the risk of making an error that could harm your business.
An automated system also spares payroll management employees from having to manually process leave applications, calculate hours worked, manage expense claims, print payslips for employees, and keep accurate employee information.
Taking advantage of advanced cloud technology
More and more South African businesses are embracing cloud-based software for their payroll and accounting needs. This enables them to simplify their IT environments, save money, and achieve the flexibility to get more done quicker. With an online solution such as Sage One Accounting and Sage One Payroll, you can simply log in from wherever you are and start working. You can access your data from the cloud which means that your data is available online, anywhere, anytime and from any device. All you need is an internet connection and the ability to pay a small monthly fee for the use of the software.
Curbing payroll fraud
Payroll fraud is a major risk and is a lot more pervasive than most business owners are aware. Erroneous payments can cost a business dearly and overpayments are often difficult to retrieve. Payroll solutions deliver better visibility into transactions, prove an audit trail, and offer a set of controls, checks and balances that help to prevent errors and fraud.
Preventing the loss of a business’s and employees’ financial, payroll, and tax information is critical to any business.
Employers with a manually run payroll system would be hard-pressed to come up with a better reason for not going the automated payroll system route, than for the safekeeping of their personnel records.
The labour and tax environment in South Africa is always changing and a business that is not 100% compliant is at risk of breaking the law.
According to a 2016 South Africa Human Capital Trends report by Deloitte, employees rate “organizational design, culture and engagement” as three of their top priorities. Today’s best payroll solutions can help with employee self-service modules. Such modules enable employees to apply for leave, submit travel claims, download old and current payslips, and update their personal details online or via their smartphones. This will assist organisations to align with the three top priorities mentioned in the survey.
In a time of seismic technological change and digital invention, it’s important for business to make use of smart technology to reinvent and simplify their daily business practices. We at Sage are changing the way that millions of people track the movement of money through their business. Automating the HR & Payroll function is just one way of helping Small & Medium Businesses to succeed.
Win a Poster Heater with Gadget and Takealot.com
This winter Gadget and Takealot.com are giving away three Poster Heaters, which look like posters but become heaters when you plug them in.
Three Gadget readers will each win a unit, valued at R550 each. To enter, follow @GadgetZA and @Takealot on Twitter and tell us on the @GadgetZA account how many Watts the heater consumes.
What’s the big deal about these heaters? Many of us are struggling to keep the balance between soaring electricity costs and the need to keep warm this winter.
However, the recently launched Poster Heater by EasyHeat and distributed in South Africa by Takealot.com is not only one of the most cost effective electric heaters currently on the market, it is also easy to setup and use.
As the name indicates, it is a poster similar to one you would hang on a wall. But, plug it in and it turns into a 300 Watt heater. The Poster Heater isn’t designed to heat hallways or large rooms, but rather smaller ones like a bedroom or a baby’s nursery or a dressing room.
It uses radiant heating, which means that it heats up in a couple of minutes and the heat is directed at the objects or people around it, quickly taking the chill out of the air and providing a comfortable ambient temperature.
The other advantage of radiant heating is that it doesn’t dry out the air like infrared or gas heaters. Users also don’t have to worry about their children or pets getting too close to it because, even though it gets hot, it can be touched.
To enter the competition follow the steps below:
Competition entry details:
3. The competition closes on 31 July 2018.
4. Winners will be notified via Twitter on 1 August and Takealot.com will be in touch to organise delivery.
5. The competition is only open to South African residents.
Happy Emoji Day! Here’s 10 reasons to be cheerful
First created by Shigetaka Kurita in 1999, the emoji has become a huge part of everyday communication. Whether you love them or hate them, flying dollar bills, applauding hands and rolling eyes are here to stay.
Scientist suggest that the use of emojis will help us gain the same satisfaction from digital interactions as we enjoy from personal contact.
Almost two decades later, and we have over 2600 unique emojis to perfectly express what we feel, thank you Mr Kurita! Join HMD, the home of Nokia phones as we celebrate World Emoji Day on the 17th of July with these interesting emoji facts:
The most popular emoji used is “Person Shrugging”
1. The Nokia 3310 was chosen as one of the first 3 “National” emojis for Finland… it represents unbreakable!
2. South Africa’s favourite emoji is the “Kiss and wink”… how sweet SA!
3. French is the only language where a ‘smiley’ does not top the list for its use
4. On average, over 60 billion emojis are sent on Facebook every day
5. For the first time ever, the Oxford Dictionaries Word of the Year was a pictograph! The “Face with Tears of Joy” was crowned word of the year in 2015
6. According to Emojipedia, some of the most requested emoji’s include afro, a bagel and hands making a heart
7. To include all races, a diversity pack was released in 2017
8. It has become so trendy that the Museum of Modern Art displays the original emoji collection on canvas
9. In 2009, Herman Melville’s classic Moby Dick was completely translated into emoji’s