Cloud-based/ Online Payroll Processing and Fund Management
We are HR people, creating HR tech – making sure that our clients have daily access to HR tools that are relevant for their business contexts, and are compliant with country-specific requirements. The cloud-based payroll processing and fund management software we have developed offers several benefits, and customizable options – as stand alone service, or combined with other modules of the Pro-edge HRtech-osystem.
Key advantages include:
1) Scalability and Flexibility: The platform can be easily scaled to accommodate the changing size of a company, whether it’s expanding or downsizing. Customization ensures the system adapts to the specific payroll and financial needs of the organization.
2) Real-Time Access and Reporting: Cloud-based systems allow company stakeholders to access payroll data, generate reports, and manage funds from anywhere in real-time. This improves decision-making and financial transparency.
3) Automated Compliance: It ensures compliance with local tax laws, labor regulations, and other payroll-related legal requirements. Automated updates help companies stay current with any regulatory changes, reducing the risk of penalties.
4) Cost-Effectiveness: Cloud-based systems reduce infrastructure costs by eliminating the need for physical servers and reducing IT maintenance requirements. The pay-as-you-go model also provides financial flexibility.
5) Enhanced Security: Built-in security features protect sensitive employee and financial data. Cloud providers typically have robust encryption and access control measures to safeguard against breaches.
6) Streamlined Processes: Automation of payroll processing, tax calculations, and fund management tasks reduces human error and saves time. Your HR team can focus on more strategic tasks rather than repetitive administrative work.
7) Integration with Other HR Tools: The software can be integrated with other HR functions like time tracking, benefits management, and employee performance, offering a holistic HR solution tailored to company-specific workflows.
8) Employee Self-Service: Employees can access their pay stubs, tax forms, and benefits information through a self-service portal, which reduces the burden on HR and improves the employee experience.
Processes and policies
Customizability ensures that the software aligns with a company’s unique processes, allowing for:
- Personalized payroll rules
- Reporting formats
- Fund management strategies tailored to the organization's specific requirements
- SaaS model service provision – our in-house HR specialists are dedicated to maintaining and managing the payroll process with your HR team
Download Resources
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Company Briefing Update for the Year
Pdf(160kb) Download
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Company Briefing Update for the Year
Pdf(160kb) Download
Pro-edge Associates Limited has been working across a range of industries since 2008.
We recognize the complex human challenges of today’s ever-evolving workplaces – and tech spaces – and understand that skilled human resources, informed technological adaptation, and economic growth are interconnected.
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