FromÂ April 1Â onwards, theÂ Ministry of Manpowerâs (MOM) Employment Act stipulates that all employers are required to issue itemized employee pay slips. In accordanceÂ withÂ this new regulation,Â AYP Group, a leading human resources (HR) firm inÂ Asia,Â hasÂ developed âJuzTalentâ, 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, theÂ ePayrollÂ software greatly aids SMEs in payroll administration. For those who do not haveÂ computerized pay slipsÂ or areÂ unable to afford anÂ enterprise solution to produce MOM-compliant pay slips, ePayroll by JuzTalent is the optimal solution. On top of that, the ePayroll protectsÂ small-medium enterprise (SME) employees from employment disputes andÂ assuresÂ them of their income and entitled benefits. Besides being cost-efficient, ePayroll includes allÂ of theÂ featuresÂ thatÂ SMEs needÂ 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, SMEsÂ may be able toÂ acquire fundingÂ supportÂ from the government for using ePayroll. As such, ePayroll is eligible for theÂ Productivity and Innovation Credit Scheme (PIC), a Â 2016Â budget that includes a range of measures to support SMEs throughÂ theÂ downturn inÂ SingaporeâsÂ economy. Notably, there will beÂ an SME Working Capital Loan scheme for loans. With these schemes, SMEs can now investÂ inÂ a softwareÂ that allowsÂ them to increase their productivity.
Annie Yap, CEO of AYP Group mentioned that,Â âSMEs can effectively tapÂ intoÂ the new LED scheme to grow the Singaporean core workforce.â One of theÂ key aspects of SMEsÂ isÂ manpower, and many SMEs streamlineÂ their manpower to be cost effective. Hence,Â 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 AnnieÂ YapÂ and HR experts in Asia. Annieâs 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 deeplyÂ aboutÂ buildingÂ a great product with a purpose to make payroll administration a breezeÂ forÂ SMEs.
JuzTalent offersÂ aÂ one monthÂ free trialÂ for all interested employers.
For more information, please contact: Leon atÂ firstname.lastname@example.orgÂ or call 6532 2467.