A quality that businesses in the Philippines exhibited during the pandemic is their capacity for creativity and innovation. According to the Department of Trade and Industry’s E-Commerce Philippine 2022 Roadmap1, the internet economy contributed to the slow but continuous growth of the country’s economy in 2020. The internet economy will continue to grow moving forward as technology advances. Digitally-native businesses contributed to this growth, and seasoned corporations and traditional micro, small and medium enterprises (MSMEs) can also do this when they embrace digitalization.
Providing digital systems and software they can use to transform the way they work is a way to introduce digitalization to these corporations and MSMEs. Apart from cloud-based collaborative suites and online communication tools, there are software that help digitize documents and transform processes, such as a full-suite human resources information system (HRIS) and payroll software.
There are a number of HRIS software solutions that can address the market’s varying needs. Here are 7 things to look for in the perfect payroll software for your MSME.
An all-in-one digital system
An HRIS software is costly; hence, businesses see it as an investment. To get your money’s worth, choose one that provides the features you’ll need. HR software companies in the Philippines offer their software at varying prices depending on the features you need, but a full-suite HRIS and payroll system can do you better in the long run.
The right full-suite HRIS and payroll software for your business should be able to offer the following:
- HR features
- Payroll Management and Processing
- Recruitment and Employee Lifecycle,
- Employee Management,
- Compensation Administration,
- Tax Services,
- Reporting, and
- Compliance Management
Given this list of features, you’d immediately think that a full-suite HRIS software is expensive. Luckily, there’s a full-suite HRIS and payroll software like GreatDay HR that offers the full package at a reasonable price. It’s perfect for your start-up, too! Visit their website to know how much it costs per employee.
An affordable full-suite HRIS and payroll software such as GreatDay’s platform is perfect particularly for those who are new to using the platform and also looking for a long-term software for their needs. This is one of the reasons this SunFish DataOn-backed platform is one of the top choices for payroll software in Southeast Asia!
Ease of use
People usually think that an all-in-one HRIS software must be complicated because of all its features. GreatDay considered this and ensured that the features of the software are both understandable and easy to use. The phone app is also optimized for employees to use it on the go with minimal setup or support required.
Employee-friendly
The software will be used by the whole workforce and not just the HR department. Apart from handling large numbers of users, the HRIS and payroll software should be employee-friendly as well.
Aside from the previously mentioned phone app, GreatDay also ensured that its software’s employee dashboard is navigable and responsive. The employees can easily log their attendance, file their leaves and claims, schedule their performance improvement meetings, and more.
Prioritizes data security and privacy
Data security and privacy are crucial when dealing with digital systems and software. Employee information, business data, and other sensitive information are stored online and therefore need good data privacy and security measures. The payroll software you’re considering should provide not only the basic protocols for data security and privacy but should also have the necessary certifications and comply with the country’s information security and data privacy laws.
GreatDay HR is transparent with the data it collects. Apart from its comprehensive Privacy Policy, GreatDay HR’s payroll software also follows the EU General Data Protection Regulations (GDPR) and the Philippines’ Data Security and Privacy Laws, and is certified for the ISO 9001:2015 and ISO 27001:2013 standards.
Provides free demo
A free payroll online demo is also a feature you should look for in payroll package software. Utilizing the free demo will help the business see if the software is a good fit and also allows the HRIS software provider to determine if they can be of help. The business gets a firsthand experience of the software’s features for free, while the HRIS software provider receives feedback on the software to further improve the software.
GreatDay HR’s free demo provides a 90-minute online session that will discuss the platform’s features and usage. This is perfect as the business gets a guided walkthrough of the platform, asks their questions, and experiences the software themselves.
Good customer support
Transitioning to a digital setup takes time. And encoding data is just the first and most time-consuming step. That is why, during this transition, it is good to choose one that provides good customer support.
Good customer support can help any business transition to the digital landscape. Apart from readily answering concerns, the software provider’s team should be able to train your company’s HR department to ensure that the software will be utilized well.
Good customer support also goes beyond the initial setup of the software. The payroll software provider should also be reachable for any concerns about the software during its implementation.
Made with the Filipino in mind
As was mentioned, there are a lot of HRIS and payroll software providers available in just a few clicks. However, what you need to look for is one that caters to the specific market your business is serving: the Filipino people.
SunFish DataOn, one of the well-known HR, ERP, and Accounting technology solutions provider, launched its local counterpart GreatDay HR here in the Philippines to cater specifically to the Philippine market. Apart from having a custom-fit HRIS and payroll software experience, filing and submitting government documents and implementing employee benefits and calendar are now easier with GreatDay HR. GreatDay sets the local requirements, documents, and deductions to avoid errors in computations. Not to mention, the company also considers the country’s local holidays and events for easier filing and implementation of holidays.
There is no one perfect HRIS and payroll software, but there is the perfect one for your business needs. And GreatDay HR is one that you should consider. It’s one of the payroll software in the Philippines made by Filipinos for Filipinos. And being tailor-fit for Filipino businesses and corporations makes it easier for the HR department to introduce the new way of doing business.
1Department of Trade and Industry. Understanding E-Commerce in the Philippines. DTI Basta E-Commerce, Madali. https://ecommerce.dti.gov.ph/madali/ecommerce_numbers.html
GreatDay HR is one of the platforms offered by SunFish DataOn Philippines Inc. (SDP), the leading provider of cutting-edge Human Resources technology solutions used by thousands of companies in the Asia Pacific region, including the Philippines. Together, with its sister companies, Humanica Thailand and DataOn Indonesia, SDP creates HRIS and Payroll Solutions for employee empowerment across the board. With its 80+ staff and growing in the Philippines, SDP offers a comprehensive and smooth support service to all its valued clients.