Unlike traditional payroll systems that require on-premise servers, cloud-based payroll software operates by utilising cloud computing technology, which means that the software and data are stored on remote servers and accessed via the internet.
Cloud-based payroll software operates in real-time, meaning any changes to employee data or payroll settings are instantly reflected across the system. Real-time functionality helps maintain compliance by automatically incorporating the latest regulations and tax laws. Employers can access up-to-date reports and monitor payroll status without delays. For employees, it ensures they receive accurate information about their pay and deductions through self-service portals.
Payroll software ensures accurate payroll calculations by immediately updating any adjustments, such as salary changes or tax code updates. Get in touch with PayEscape online to find out how our software can help your business.
Employee information is inputted, such as hours worked, salary, and benefits, into the cloud-based system. This data is securely stored in the cloud and can be accessed from any device with an internet connection.
The software automatically calculates payroll, including deductions, taxes, and benefits, based on the data provided. This eliminates the need for manual calculations, reducing errors and saving time.
The software is regularly updated with the latest tax laws and regulations, ensuring that your payroll is always compliant. It can automatically generate tax forms and reports, making tax season stress-free.
Once payroll is processed, the software can automatically distribute payments via direct deposit, ensuring employees are paid on time. It can also manage payment distribution for contractors and freelancers.
The software provides comprehensive reporting tools, allowing employers to analyse payroll data, track expenses, and generate custom reports for financial planning.
Employees can access their payroll information, payments, and tax documents through a secure portal, reducing the administrative burden on HR departments.
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Fully Managed Software
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HMRC Recognition
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PayEscape’s cloud-based payroll software offers a wide range of benefits that can transform the way businesses manage their payroll processes.
Here are some of the key advantages:
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PayEscape’s cloud-based payroll software is packed with features designed to streamline payroll management and improve overall business operations:
Compliance Management
Staying compliant with tax laws and labour regulations is critical for any business. PayEscape’s software is designed to keep you compliant by automatically updating with the latest laws and regulations. It also provides tools for managing employee benefits, tracking hours worked, and generating compliance reports.
Integration with HR and Time Management
PayEscape’s payroll software seamlessly integrates with the company’s cloud-based HR software and time management solutions, creating a unified platform for managing your workforce. This integration eliminates the need for duplicate data entry and ensures that your payroll, HR, and time management systems are always in sync.
Dedicated Customer Support
PayEscape is committed to providing exceptional customer service. Our team of CIPP certified payroll experts are available to assist with any questions or issues you may encounter, ensuring that your payroll processes run smoothly.
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Using our cloud-based software we manage all aspects of your payroll process. From calculating your payroll taxes and filing with HMRC to managing all components of auto enrolment and so much more. Whether it’s reimbursement or pre-tax benefits we’ve got it covered.
Our HR platform lets you manage all aspects of your HR administration. With HR Escape can approve and monitor holiday, record working time and calculate wages, allocate time and staff expenses to clients, projects, and activities, and much more.
Payescape Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 (register number 821826) for the provision of payment services.
