Every start-up and SME longs for a common goal i.e., a flaming desire to be efficient and agile in almost everything it does. This is because agility and improved efficiency help a business reap in more profits and drives growth.

That being said, most of the businesses today especially start-ups and SMBs do have room for improvement in almost every department and without any second thoughts, this includes human resource and payroll department.

Maintaining HCM tasks on a routine basis is undoubtedly a tedious task if executed manually or on some entry-level traditional HR software for SMBs. This includes processing payroll, filing tax returns, tax deductions, time/attendance management etc.

Fortunately, with the advancement of technology, you have cloud based HRMS software to take care of all your complex payroll and human resource processes.

This article will discuss about a few apparent reasons to ditch your traditional payroll software/methods and switch to cloud.

1. Takes the load off your IT crew With everything being stored securely on cloud, you don’t have to install expensive hardware or set-up on-premise systems thus, freeing up your IT personnel. Eureka! No installation means zero maintenance costs as well. Talking about software upgrades and updates, you don’t have to fret about these either, as updates are automatically triggered from cloud servers saving your IT crew from the pains of manual updating.

2. Unmatched mobility Cloud based HCM software facilitates easy and instant access to critical HR data from anywhere, anytime and any device. This renders amazing flexibility to HR managers and personnel while on the run. In addition, employee self service feature allows employees to update and maintain their personal details so that you don’t have to do so, helping you save a great deal of time and resource.

3. Pocket-friendly Since there is no need to install expensive hardware and set-ups, cloud-based payroll software solutions become affordable and pocket-friendly. Start-ups and SMEs too can enjoy the benefits of cloud based HRMS solutions without bombing their budgets.

4. Automation One of the biggest advantages of cloud based payroll solution is that it automates and simplifies core aspects of your payroll processing. For example, the software automates your entire payroll, tax and TDS calculations saving you big time from the hassles of laborious and manual calculations. Most importantly, you get to bid adieu to those annoying payroll redundancies and inaccuracies. Did I mention: error-free and seamless payroll processing is here!

View more reason at Reasons to Dump your Traditional HR Software & Move to Cloud-based HRMS