Top KashFlow Payroll Alternatives and Overview

Organizations must carry out sophisticated payment procedure that increases employee satisfaction because the performance of the staffs is directly associated with these procedures. On the other side, maintaining the accounts and tallying the year-end reports are a hard nut to crack for the organization. Above all, the payslip forwarding to every individual and approval of bills causes a delay in the payment process. KashFlow Payroll automates the process making payroll management a piece of cake.

Workflow automation

KashFlow Payroll follows the rules customized by the administrators in approving the payment. It forwards the bills automatically to the authority reducing delays. Users can send the payslips to the staffs just with clicks to avoid composing emails separately for every individual. Furthermore, the pension enrolment option utilizes the details of the employee to classify them under appropriate pension schemes. It generates files for documentation based on policies in different programmes. Also, it sends updates regarding the pension plan to the staff without manual intervention.

Calculations simplified

Tax calculation is a major parasitic factor that slows down the workflow. The errors in these calculations result in severe consequences. Therefore, the KashFlow Payroll eliminates human mistakes by utilizing digital computational methods. Users can deploy formulae to apply in a Tax deduction. The allowance calculation feature derives the holiday pays from the calendars. Consecutively, it performs reductions based on an allowance or the allotted time as programmed in the software. The tool submits Real Time Information of P60 and P11D immediately when completed.

Edit accounts anywhere

KashFlow Payroll stores the information of employees in the cloud with encryption and strict authentication. So, it can be accessed anywhere at any time from any device. On the other hand, staffs can check their salary details whenever required. It integrates with Kashflow Bookkeeping software to update the accounts with payroll data automatically. Hence, the preparation of annual reports is seamless. It converts files to BACS format for using it in banking software.

Company Name: KashFlow