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Saturday 12 Mar 2016

Key Reasons to Invest in Payroll Portal in Dubai

Previously, it was only large organizations and businesses that could consider opting for self-service portals. Fortunately, with the recent advancement in IT and technology, even small business owners take advantage of payroll portals without spending a hefty sum of money. Organizations simply need to find a reliable payroll portal. With the help of payroll technology, employees and HR professionals can all be a part of the company’s payroll service. This not only saves time but also reduces the need for the company to hire more employees.

Payroll Portal in Dubai eliminates the need for HR professionals to spend hours at their desk going through hundreds of pay stubs every month. Now with the right technology available, there is no need for HR professionals to shuffle paper forms or spend hours organizing documents. Using a payroll portal means no re-keying of data into a computer. Instead, all your employees have to do is log in to the employee portal via any web equipped computer or a handheld device and gain direct access to important information. Employees have access to check stubs, past earnings, paid vacation days, insurance benefits, and much more.

Advantages of Payroll Portal in Dubai include:

  • Security

Most modern payroll portal activity is controlled by the latest security techniques. Employees, managers, and HR professionals are all assigned a login ID and a password for authorized entry to the portal. All your data is protected from unauthorized access. Once your security is defined, you can have access to your payroll whenever you like in a safe manner.

  • Increased Productivity

Employees no longer have to spend time filling out forms and waiting on hold for the HR to call them with an explanation about their pay stub. This allows HR professionals and employees to devote their time to more important tasks that may increase productivity. In addition, with payroll portals, employees have real-time access to their details. Payroll portal makes processing easy, displaying results immediately. Increased payroll control makes it easier for HR professionals to correct discrepancies and have access to flexible labor distribution options, efficient paycheck entry and easy administration of pay codes. The HR department no longer has to devote their time to tax enhancement and managing employee benefit programs.

  • Onscreen Management Reports

With Payroll Portal in Dubai, you have access to all your payroll information at the click of a button. You can manage your payroll efficiently right at your fingertips via a computer or handheld device at any time, from any browser, all with complete security.

An efficient payroll system boosts employee motivation and morale in the long run. This ensures increased productivity that is beneficial for the organization.

Tips on Finding the Best Payroll Portal in UAE

Are you looking for ways to speed up the payroll process? If so, using a payroll portal is your best bet. This relatively new, yet effective technology allows for an efficient automated payroll process with flexible administration, without the troubles of incorrect reports, payroll discrepancies, etc. It also has the ability of reducing human error by 9% and speeding up payroll processes by 60%. To understand this better, let’s look at a few tips on how to find the best payroll portal for your business:

  • Fulfils Your Needs

When it comes to finding the best payroll portal in UAE, it is crucial to understand and assess your needs. Start by listing the things you want from the portal. This could include regular or monthly employee performance reports, delivery or direct deposit of monthly salaries, check to print, and salary calculations for each employee. Some payroll portals come with a time-in/time-out feature, which makes it easier to track employee attendance. Therefore, before beginning your research, list the features you need.

  • Look At Special Features

The features listed above are among the most basic ones offered by a payroll portal in UAE. You can find payroll portals that offer special features, like integration into your HR software, performance management, and appraisal management, etc. Therefore, do assess the special needs of your business and look for features accordingly. This way, you can make sure you get exactly what you want.

  • Accessibility

One of the most important aspects of a good payroll portal system is it is easy-to-use and access. However, accessibility doesn’t mean you compromise on safety. When choosing a payroll portal, ask whether or not it comes with employee profile managing features (each employee should have their own unique profile, username/password, to ensure safety and protection of private data between the employee and the HR department).

  • Consider the Price

Of course, the best services don’t come cheap, but that doesn’t mean you overpay for the basic most features of a payroll portal. Thankfully, you can get the best payroll portal money can buy from MenaITech which includes all the features mentioned above. At the same time, it is affordable as well, ensuring you get the best value for your money.

  • Recognize Your Problem

The first step when picking any business solution is to recognize your business needs and the problem you are trying to solve. Implementing new software in your organization is not easy because you will be met with resistance from the employees and if the solution doesn’t really solve your problems, the entire investment goes down the drain. For this reason, spend time researching the business solution you are looking into and make sure it will fulfil your business’ needs, especially when you are dealing with sensitive operations, such as a payroll portal in UAE.

  • Begin Your Research

When researching, assess who is impacted by the problem and how much is it affecting the overall operation of your business. Not only should you be concerned about current problems, but how much this problem will escalate if the business were to expand down the road. Then start by creating a list of wants and needs, while thinking as broadly as you can. Don’t start looking for an application just yet because you may find yourself falling for software that doesn’t really suit your needs.

When you look for software even before you have figured out your problem areas, you will get confused between the problem you are trying to solve and the problems this software is going to solve. To keep things simple, first identify problem areas and then search for the appropriate software. This will prevent you from creating problems that you didn’t have before.

  • All-In-One Isn’t the Perfect Solution

If you are trying to solve more than one business problem, you may need to invest in more than one business solution. Using an application that’s all-in-one may be a tempting choice but several applications that solve one problem each is a lot better than one application that doesn’t really fully solve all problems. If you have decided to invest in business solutions, it’s better to go all in rather than solving a portion of your problems only.

You don’t have to do it altogether. You might invest in a payroll portal this year and then in an accounting software the next year. The idea is to solve each problem completely, instead of solving a lot of problems at once. The gradual implementation of software will make the transition a lot easier in your organization than an all-in-one solution.