Cloud payroll software means you no longer have to worry about backing up data and ensuring that it’s in a secure location.
Cloud payroll software means you and your team no longer have to worry about backing up data, ensuring that it’s in a secure location, or losing anything. Cloud storage is automatically backed-up for you, so you don’t need to lift a finger. You can feel confident knowing that your employees’ sensitive information is safe and sound in the cloud.
Cloud payroll software allows your employees to access their information, anytime and anywhere.
Cloud payroll software allows you and your staff to access the system anytime, anywhere. Whether you are on the go, or need to review payroll information remotely, cloud payroll software allows your staff to access their information from any internet-enabled device.
Cloud access also allows staff to work remotely without compromising the functionality of the software.
One of the biggest benefits of using cloud payroll software is increased flexibility. You can access the software at any time, from anywhere in the world, so long as you have a good internet connection. In addition to allowing employees to work remotely without compromising the functionality of the software, this also means that mobile workers can keep track of their hours and submit them regardless of location.
The key here is knowing how to use the software appropriately—and for remote employees, that often means setting up a VPN or other secure virtual private network. It’s easy to do and will ensure that your payroll data remains protected no matter where it travels. We’ve got an article with more information about VPNs if you’re interested in learning more.
Cloud payroll systems are scalable no matter how big or small your business is, cloud services can meet your needs.
Cloud services are attractive because they come with the benefits of scalability and flexibility. The system will follow the growth or decline of your business, whether you’re a multinational enterprise or a mom-and-pop shop. The way cloud computing works is based on a “pay-as-you go” model, in which businesses only pay for the resources they use. This allows them to stay agile and responsive to changes in the market, so that whether you need to add employees or reduce staff during an economic downturn, your payroll system can easily adapt.
Cloud technology reduces the need for maintenance, thus saving time and money for your company.
With cloud payroll, you no longer need to worry about maintaining hardware, purchasing software licenses and making updates. If there is an issue that affects everyone on the platform, your cloud payroll provider is responsible for maintenance and will fix the problem in a timely manner. This leaves you with more time to focus on other areas of your business than just payroll processing.
Cloud-based payroll processing data is encrypted, which helps keep information secure and prevents theft of sensitive data.
One of the benefits of cloud-based payroll processing software is that it helps keep your company’s data secure. This is because your sensitive employment information is encrypted while in transit or rest, which makes it more difficult for hackers to access.
Encryption uses a mathematical algorithm to scramble the contents of a file, rendering the data unreadable without a special key. Both symmetric (shared secret) and asymmetric (public key) encryption are used to secure cloud payroll systems, using algorithms that have been designed to be “hard” to break.
Since cloud payroll software can be accessed from anywhere, you don’t need to worry about installing it on multiple machines to make sure that you always have access to it.
Since cloud payroll software can be accessed from anywhere, you don’t need to worry about installing it on multiple machines to make sure that you always have access to it. This means that you won’t have to purchase any additional hardware, and you’ll never have to run into security or compatibility issues again. Plus, because all of your payroll data will be stored in the cloud, there’s no need for constantly updating or maintaining your system—you can simply log in whenever necessary and continue business as usual.
Because cloud payroll software is online, you can update it more easily as laws change or your business needs shift.
Online tech solutions are by definition more flexible than the software that’s installed on your hard drive, and payroll software is no exception. Whether you’re navigating new local tax regulations or expanding your business to a new state, cloud payroll software allows you to stay compliant without investing in an expensive update. This dynamic flexibility makes it easy to manage your team as they work remotely, get promoted, or switch locations. It also means that you’re less likely to spend money unnecessarily as you adapt the program over time—and since payroll is one of the most important tasks for business owners and their employee’s alike, cutting costs is a big deal!
Cloud-based payroll software offers several important benefits to businesses of all sizes
Cloud payroll software can be an excellent choice for many businesses. If you’re considering switching to a cloud-based system, a few of the benefits you might want to consider include:
- Automated tax payments and filings
- Mobile accessibility
- Better security
Here are tips on how to choose the best fit for your business, what to look for in a good cloud payroll system, and how to get started with a cloud-based payroll system.