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Philippine Cloud-based, Multi-branch, Free Cloud-based Payroll System

Offers free cloud-based payroll system with HRIS module, Know about the advantages and benefits of a cloud-based payroll system

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WHAT PAYMASTER OFFERS

Paymaster offers comprehensive tools and services to track employee attendance, automate payroll computation and customize additional features suitable for your company needs.

free payroll

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Cloud-based Payroll System

  • Hosted by the organization's own server
  • Self service features individual log-ins for all employees.
  • Generate a payroll report and payslip.
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PayMaster WebHosting

Cloud-based Payroll System with Biometric Device

  • Hosted by system administrator.
  • Own domain.
  • Unlimited support, update, and maintenance.
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HOW IT WORKS

1

Import or capture attendance through your biometric device

2

Choose cut-off duration

3

Run payroll

4

Generate payroll report and pay slip

What distinguishes cloud-based payroll software from self-hosted payroll software?

Cloud-based software is accessible through the cloud and is stored on a server owned by an outside service provider. With cloud-based software, the service provider is essentially compensated for managing the software, server, security updates, and all associated costs.

When it comes to software, self-hosting describes the installation and hosting of a system on an organization’s own server. When a company chooses to self-host, it takes on greater responsibility for system maintenance and administration. Thus, the expenses associated with self-hosting comprise both server and maintenance costs.

Software that is hosted or managed in the cloud is another term that is frequently used to describe it. All of them are included in the broad category of Software-as-a-Service (SaaS). Self-hosted and cloud-based payroll can be described as follows using foundational data.

Self-hosted payroll software​​

Internal servers host, operate, maintain, and provide access to payroll software. Unlike cloud-based payroll, self-hosted organizations require the appropriate server capacity and are responsible for system security, updates, and other related tasks.

Cloud-based payroll software

An organization utilizing a payroll system only needs a computer and an internet connection to access the software because the payroll management system is hosted on and accessed via the remote server of an external service provider, or the cloud.

WHY CLOUD-BASED PAYROLL SYSTEMS?

There are no upfront or hidden costs

Payroll software that is hosted on one’s own demands a significant initial outlay of funds as well as additional expenses (such as backup and domain name registration fees) that can quickly surpass the original budget. Businesses that choose to use a cloud payroll system only have to pay a one-time monthly or yearly membership fee. For this reason, purchasing cloud-based payroll and HR software frequently ends up being less expensive than self-hosting.

EASY TO USE AND QUICK DEPLOYMENT

Setting up self-hosted payroll software takes a lot of work, which delays deployment and deters many businesses from updating their antiquated payroll management systems. Deploying a cloud-based payroll software solution is significantly faster, as it only requires subscribing to managed payroll software and customizing the system to meet the specific requirements of the business.

MORE RESOURCES AND FEWER CONCERNS

One of the main benefits of cloud-based payroll solutions is that all maintenance, updates, security patches, etc. are taken care of. One way to avoid dealing with system maintenance, security, or software fixes is to use a cloud-based payroll solution. This not only results in less worries but also frees up important resources in the payroll and IT departments. When using a managed software solution, the service provider is in charge of handling cyberattacks, outages, and troubleshooting.

INCREASED ADHERENCE

Businesses can ensure that they are always working with the most recent version of the software, compliant with the most recent payroll regulations and changes, by using externally managed payroll software. This guarantees constant adherence to all compliance standards. Additionally, cloud payroll systems typically take into account the most recent advancements in technology and are built to maximize productivity.

ENHANCED EFFICIENCY AND PRODUCTIVITY

Utilizing cloud technology for payroll management increases operational efficiency and productivity within the company by freeing up resources and lowering the labor required to maintain the systems. The in-house team can concentrate on more crucial tasks since they won’t have to worry about security patches, system outages, or other duties associated with self-hosting.

INTEGRATED SELF-SERVICE FEATURES FOR EMPLOYEES

It is essential to create a positive employee experience for the duration of the employee lifecycle. Payroll includes providing employees with online access to their paystubs and data whenever and wherever they choose, in addition to ensuring their financial stability and timely payments. Employees can view and update their data, among other self-service features, that are integrated into cloud-based payroll and HR systems.

DISTANT ACCESSIBILITY

It is the best option for remote-first businesses as it addresses the issue of remote accessibility since cloud-based payroll software is accessible from anywhere. The prevalence of remote and hybrid work models has made remote accessibility a crucial consideration for businesses deploying new software, including payroll.

ENHANCED PROTECTION OF DATA

Businesses used to be primarily discouraged from utilizing cloud-based payroll services due to worries about data security. Nonetheless, it has long since been demonstrated that processing payroll on internal servers is more secure than doing so in the cloud. Payroll data kept in the cloud is usually safer than that kept on-site because data centers are usually outfitted with a variety of electronic and physical security measures that are, for the most part, far more advanced than anything that a regular company could offer on-site.

SIMPLE SCALING AND INTEGRATION

Cloud-based payroll software facilitates easier integration with other tools and systems. Payroll integration makes it easier for departments to share data and keeps everyone in the loop. SaaS payroll solutions such as Lano, for example, have their own API that enables integration with other workforce management and HCRM tools. Furthermore, cloud solutions are readily scalable, so as the workforce grows, the company need not be concerned about running out of server space.

SUPPORT AND MAINTENANCE

We offer unlimited support and maintenance during your subscription period. We resolve any problems or errors that arise with the system.

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