Out of the box, cloud-based payroll & HCM software
No Payroll Downtime
Maximise productivity across your entire Payroll & HR team by skipping the formal pay run or close-off. In a traditional pay run cycle, all users are required to log out to allow for manual backups before calculations can be executed. This often results in a repetitive backup and restore process to eliminate input errors and make sure that payroll figures are correct.
With PaySpace, this is no longer necessary.
PaySpace requires no downtime. Calculations take place automatically and in real-time, which allows for input to be captured as it becomes available throughout the pay run cycle, instead of rushing to capture finalised values in preparation for pay run close-off. All users have anytime access to relevant, up-to-date reports. 100% cloud-based software means your data is always safe, and manual backups are a thing of the past!
Never again update software versions for the latest tax tables and legislative changes. Over 40 countries’ legislation is embedded in PaySpace. All legislative updates are applied instantaneously and by our dedicated Compliance Team, so all you need to do to see newly calculated values, is simply log on to your PaySpace account. This includes access to statutory reports, delivered in the exact format required to meet local country compliance regulations.
If you or your employees operate in more than one country, read here how a single login can allow you access to all the countries you need, with consolidated reporting options and automatic expat gross-up features.
We will never exchange your data with third parties or any intermediary. With Microsoft Azure as our hosting partner and its data hosting capabilities, our customers’ data is protected and secure with us.
Tax Year End
It goes without saying that PaySpace has all of the usual payroll functionalities expected from any payroll system however, we have significantly improved the way in which typical payroll-based tasks are performed on a monthly basis, allowing the user to work more efficiently.
For example, in South Africa, SARS has released a software package called [email protected] to assist taxpayers to manage their interactions with SARS quickly, easily, and conveniently from their desktop. PaySpace provides an electronic file that can be imported directly into [email protected], saving an employer all the effort of having to manually reconcile and submit their employee’s earnings to SARS. Download [email protected].
Out of the Box Setup
No need to define everything from scratch.
No restrictions on the number of wage types.
No tax table updates to apply.
No more “last week of the month rush”. You don’t need an official payrun to calculate figures. No more downtime to backup the system before doing a payroll run to calculate tax and pay, pull reports, spot the errors, repeat.
No longer rely on backups to access historical information.
Configuration instead of Customisation
No more reliance on vendor developers to maintain custom requirements.
Forget about reactively and manually identifying output errors on reports.
We update and maintain various medical and union tables so you don’t have to.
Employee Self Service
No more paper payslips or leave applications with manual processing.
Workflow & Online Approval
No more manual approval processes on paper and email.
No syncing of HR and payroll data/records required.
No separate run required to calculate leave balances and provisions.
3rd Party System Integration
No more manual integration via excel, txt, or delimited files.
Data is clean from the start – no year end data cleanup.
No more manual excel spreadsheets or sending of files.
Bird’s eye view of how the output was computed.
One by one or in bulk via the method that suits you best.