We get it—some businesses do not need all the bells and whistles (and hefty cost) from enterprise payroll systems. Rather, what entrepreneurs require is something that gets the job done, so they could spend more time running their business. In this article, you will learn 5 things that you can easily do with MPM Payroll and discover why it should be the payroll software of choice for your business.
Accounting and Payroll Software Services For Your Business
Before discussing the system and its benefits to your business, take some time to first get to know the company behind it. After all, a system is only as good as the people who created it and keeps it up and running.
MPM has been a major player in the accounting and payroll outsourcing industry since 2011. The company has helped Micro, Small, and Medium Enterprises (MSMEs) with the nitty-gritty of Philippine payroll and business compliance. By taking care of their grunt work, MPM has helped these companies thrive.
HR & Payroll For All
This year, MPM wanted to bring its services closer to more businesses in the country. The company recognized that cost is one of the major concerns of MSMEs when looking for providers. So, it found a way to offer quality HR & Payroll services without breaking the bank.
Through MPM Payroll, companies can handle their own processing with ease. The cloud-based system automates recruitment to retirement and everything in between, leaving business owners with more time to grow their business.
5 Things MPM’s Payroll Software Can Do For Your Business
Without further ado, here are 5 benefits of MPM Payroll, making it the suitable software for your business.
1. Manage Employee Time and Attendance
Monitoring attendance is important in a way that enforces discipline and responsibility to your employees. Still, the process is tedious. Rather than spending time strategizing and selling, you have to allot a regular schedule for attendance management.
With MPM Payroll, you can simply upload your attendance sheets and let the system do its thing. It automatically logs your employees’ attendance and recognizes absences, tardiness, and overtime.
2. Compute Payroll
The country has 32 different pay rates. This means working on a holiday entitles an employee to an extra premium compared to working on regular days. It may sound simple, but imagine an employee working overtime on a night shift, that falls on a double holiday. What pay rate should you use?
The system automatically applies the premium rate for overtime, night differential, holidays, and everything in between. More than making your payroll computation easier, MPM Payroll helps you be DOLE-compliant. This alone is a huge reason for it to be the payroll software fit for your business.
3. Generate Government Reports
Auto-filled government documents are at your disposal with MPM Payroll. Every time you need to file for statutory requirements, you can simply create forms through the system in a few clicks.
Some reports included in MPM Payroll are:
- BIR 1610C, 2316, 1604C
- SSS R5, ML1, R1-A, E1
- PHIC RF1, ER2, PMRF
- HDMF MCRF, STLRF, MDF
4. Take Care of Employee Requests
Have you ever experienced losing an employee’s leave form? You are not alone. It is a common mishap from paper-based leave requests. You can change this experience for your business.
Take your processing requests up a notch by allowing your staff to apply for requests digitally. Aside from leaves, your team can also file for overtime and schedule changes within MPM Payroll.
5. Digitize Your Employee Files
Keeping digital copies of employee files helps you:
- Easily find important information;
- Access relevant documents anywhere;
- Save precious office space; and
- Be kinder to the Earth
Having MPM Payroll as a software can help your business transition to digital. Here’s a simple roadmap to get you started.
What are you waiting for? You have learned about how MPM Payroll is best in handling your manual HR and Payroll tasks, so it is time to try it for your business.
Request for a proposal and get started with your MPM journey today.
[…] Want to learn more? Here are 5 other things MPM Payroll can do for your business. […]