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Click the links for more information, then visit: Software efficiency for software operational efficiency and ease of use key criterion Software vendor for essential criterion of a good software vendor including - maintenance and support, implementation assistance, user training and vendor / support organisation reputation |
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Payroll Software functionality - Good payroll software should: Have high functionality Have the functions included within the software, rather than as add-ons Perform the payroll functions:
- required by your organisation
- the vendor claims the payroll software performs
- required by statute / regulatory authorities
Provide the following payroll and system-wide functions (depending upon your requirements) Core payroll software functions:
- multiple payroll types and frequencies eg weekly, monthly
- mixed payroll frequencies
- multiple companies
- multiple hourly rates for same employee
- multiple payments and allowances, bonuses, holiday pay methods, profit related pay
- support flexible / cafeteria pay packages
- backdated pay awards
- statutory maternity, adoption and paternity pay (SMP, SAP, SPP), sick pay (SSP)
- gross to net and net to gross calculations
- multiple income tax calculations (UK PAYE and National Insurance)
- multiple deductions / attachments of earnings eg decreasing balance loans, student loan calculations, payroll giving
- expatriate payroll
- configurable rules based payroll calculations and processes
- multiple payment currencies and methods eg EFT, BACS
- payroll management / control reports, including payslips, gross to net reports
- end of year returns and online filing
Additional public sector payroll requirements:
- pay spine grades / spine points
- grade reviews
- spine uplifts
- public sector reports
Employee expenses:
- flexible system configuration
- expenses processing / automation
- payments
- e-expenses
- corporate credit / payment cards
- e-travel
P11D (UK only)
- P11D automation
- data capture and adjustments
- P11D calculations
- reports, forms and submission to the UK HMRC
System-wide functionality:
- fully web enabled, to operate over the internet / intranet
- employee self service (ESS) / manager self service (MSS)
- employee portal
- workflow enabled
- alerts
- document image processing (DIP)
- euro compliance
- complies with Sarbanes Oxley
- support multiple Windows versions
Be a fully 'open system' Be written in a widely used programming language Be fully integrated, or easily / seamlessly integrated with other relevant systems (if stand alone modules) Provide links to other systems eg HR, time recording, accounting, job costing and desktop software Have the scope to grow with the business Be flexible to accommodate changing user or business requirements Support good payroll practice Return to top |
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