From April 1 onwards, the Ministry of Manpower’s (MOM) Employment Act stipulates that all employers are required to issue itemized employee pay slips. In accordance with this new regulation, AYP Group, a leading human resources (HR) firm in Asia, has developed ‘JuzTalent’, which is a SaaS online HR software that streamlines payroll, leave and time management. Above all, the entire e-solutions are encompassed in one productivity-boosting system, making the once mundane and cumbersome HR tasks to be managed and automated in mere minutes at the moment.
In addition, the ePayroll software greatly aids SMEs in payroll administration. For those who do not have computerized pay slips or are unable to afford an enterprise solution to produce MOM-compliant pay slips, ePayroll by JuzTalent is the optimal solution. On top of that, the ePayroll protects small-medium enterprise (SME) employees from employment disputes and assures them of their income and entitled benefits. Besides being cost-efficient, ePayroll includes all of the features that SMEs need to run monthly payroll easily.
- Time saving
a. Comprehensive payroll report
b. Employee management
c. Auto reimbursement
a. Customized pay-items templates
b. Compliant pay slip
a. No installation
b. Mobile friendly
c. Committed support
Funding support from government
Meanwhile, SMEs may be able to acquire funding support from the government for using ePayroll. As such, ePayroll is eligible for the Productivity and Innovation Credit Scheme (PIC), a 2016 budget that includes a range of measures to support SMEs through the downturn in Singapore’s economy. Notably, there will be an SME Working Capital Loan scheme for loans. With these schemes, SMEs can now invest in a software that allows them to increase their productivity.
Annie Yap, CEO of AYP Group mentioned that, “SMEs can effectively tap into the new LED scheme to grow the Singaporean core workforce.” One of the key aspects of SMEs is manpower, and many SMEs streamline their manpower to be cost effective. Hence, a lean team is able to significantly boost productivity rates. Additionally, monthly time-saving from processing employee payrolls can further add productivity. Employees may now focus on other strategic goals or revenue-generating activities instead.
The founders of JuzTalent were Annie Yap and HR experts in Asia. Annie’s team consists of payroll and finance experts with more than 20 years of payroll and HR experience, as well as talented solution architects and engineers. More importantly, they care deeply about building a great product with a purpose to make payroll administration a breeze for SMEs.
JuzTalent offers a one month free trial for all interested employers.
For more information, please contact: Leon at [email protected] or call 6532 2467.