The future of payroll systems

Have you been losing your ID more often? Have you been holding onto it like it’s your lifeline? If you are, you most likely know what the consequences are of losing your ID. You get to go through a ton of bureaucratic paper work and that’s just the tip of the iceberg. Let’s not mention the legal procedure you need to go through just to prove YOUR OWN IDENTITY. Losing your ID will definitely affect your salary computation. That cou

 

Let’s help each other out

Can you imagine yourself running your business all by yourself? Maybe you’re a self-made man or woman. Maybe you did start out on your own. But when your business is growing, the load gets heavier. The tasks can get out of hand. You’ll need people that can help you. When that happens, you need to employ people. One of your top priorities should be your employees. Your employees are a part of your success. They are the ones who you’ll share the

 

Paperless Payroll as CSR

One of the testaments of having a great childhood is having a tree around your neighbourhood. Remember calling out your friends from your tree house? Even if you didn’t have one, you’ve probably broken your arm because of imitating Tarzan. Maybe you have a fear of heights. Perhaps you weren’t as daring as you are now. But even then, I’m sure there’s a particular tree you have in mind. Let’s name that tree Doris. Doris a

 

Payroll Fraud

In a separate blogpost, we’ve talked about Clock-in Fraud. Now, we’ll be tackling Payroll Fraud. Payroll fraud might happen when there is a ‘’dysfunctional’’ payroll system. It will most definitely happen if you DON’T have a payroll system. Here are scenarios of payroll fraud: Advances not paid back - This happens when you don’t have an effective payroll system that monitors deductions. If you don’t have a system yet, chances are you haven’t been deducting

 

You can do it, SMEs!

Filipino SMEs account for 99% of all registered businesses, employ more than 60% of the work force, and contribute 16% to 35% in export. SMEs stimulate economic activity, generate employment, prompt innovation, heighten competition and contribute largely to the country’s progress. In short, SMEs are essentially the backbone of our economy! The most critical constraint facing Philippine SMEs is access to financing. Studies have shown that there aren’t a lot of aid being given to start-up companies. Banks are wary on lending

 

Multiple locations – the future of the corporate world

With the advent of technology, people have the option to work at home. You don’t need to drive yourself to the office or even suffer through someone else’s body odor in a public vehicle. Gone are the days when you need to wake up early just to compensate for travel time. All you need to do is wake up, pull yourself out of your bed, take a quick shower, wear your comfortable pajamas, sit in your self-designated work station, and start your tasks for the day! Isn’t that fantastic? You don’t even need to comply

 

Payroll AND attendance system for you

Having a business is both a blessing and a curse. Sounds cliché but it’s true. It’s a blessing because, hello, raking in all the money. But on the other hand, you’d have to handle the internal workings of your company. That includes overseeing production (or services you offer), maintaining the quality, operations… That’s a lot to handle. Now, that would put wrinkles under your eyes. You don’t want that, do you? Even if you’re an SME, business tools exist to address your needs. Payroll systems are one

 

‘’Selfies’’ in the workplace. How about that?

Remember the time when you go to work and you don’t need to punch in? You just go to your office, sit on your desk, and start working. No? Of course you don’t. Entering into the 21 st century, employees have had to comply to workplace attendance systems that, frankly speaking, is both costly and impractical. Look at RFIDs. RFIDs (Radio-Frequency Identification) serve as bar codes or magnetic strips usually put on you or your employees’ person – usually on ID strips. Just as a bar code

 

Clock-in Cheating

Monitoring employee activity can be tedious. Even with expensive attendance systems, employee clock-in cheating can’t be avoided. If you’re an SME, employee clock-in fraud is a scenario you need to pay close attention to. Here are some of the scenarios you need to be aware of:

Buddy Punching
Stella is running late and calls Mary to clock her in on time so the tardiness isn’t recorded. Andrew needs to leave a half hour before the