Payroll is one of the most complex of all HR related tasks. If you don’t have the right tools at hand, it can become more complicated than it needs to be. By reducing manual processes & implementing a digital solution, you can automate many processes – freeing up valuable time and other resources for your disposal.
Our HRMS solution eliminates exactly this non-value-added workload. You ask how? Let’s explore the TOP 5 payroll software functions that simplify the life of your payroll management.
1. Manage Different Employment Types
Part-time, full-time, hourly, salary – to name just a few. Employment types are endless & taking into account all their specifics in every pay cycle is an impossible task.
Nova Smart NG allows you to enter the specifics of each employment type once for each employee & takes them into account for each cycle. You can also store all payroll-related documents in the system, such as the employment contract or the national insurance number, for easy access throughout the process.
2. Apply Custom Rules & Parameters
In order to provide your employee with the correct paycheck each month, you need to apply the correct rules & company policies. A generic solution will neither support your individual needs nor take into account your company policies, as you cannot customize the parameters & variables yourself.
With our tailor-made Nova Smart NG Payroll module, you can customize your software settings – covering all your needs. Enter different bank details, program payments for a limited period only, enter parameters for social security deductions or enter company-specific bonus allowance. It is up to you & your individual needs what you enter.
3. Calculate Standard Deductions
The calculation of social security deductions and income tax hardly varies from month to month. Manual processes lead to repetitive work every month and take up an incredibly large chunk of your time.
Nova Smart NG does the math for you. Enter the variables once and the software does the rest for you. One last check before sending & paychecks & contributions are sent to your employees & authorities.
4. Import & Export Any file
Sometimes you need to provide certain reports to certain authorities. Easy access to specific data is vital for simple and fast processing. Without software, you have to do this process manually and mistakes can easily be made – which is normal when you have a spreadsheet full of numbers.
Nova Smart NG frees you from the burden of having to create everything manually. Create certain reports and statistics in the software or submit reports directly to authorities. If reports cannot be managed through the software, simply export your data in any common file format and use the extracted data elsewhere.
5. Automated Reminders & Notifications
Hectic workflows sometimes lead to deadlines being forgotten, delaying processes or even resulting in fines from authorities.
Nova Smart NG is able to send automatic reminders and notifications to your employees. With powerful workflow and communication tools, you can quickly identify action items. Notify managers or employees to collect missing data (timesheets, personal data). When all checks are completed, payroll is simply done at the touch of a button.
Do you want to learn more about NOVA SMART Payroll? Check out our page and learn more about it. Can’t find the payroll software functions you are looking for? Get in touch with one of our team members and see whether we can customize our solution to your individual needs. Automate your HR now.
