HRiQ™ Payroll Software
A payroll system built to cater for the ever-growing complexity of modern-day payroll requirements and designed to highly automate the payroll process by eliminating manual inputs and seamlessly integrating across other HRiQ modules.
Achieve Real-Time Updates and Accuracy through Tight Integrations
- HRiQ’s tight integration across other core functions ensures HR gets informed of any salary updates, new joiners or leaver’s pro-rated salary instructions, additional approved compensation or deductions accurately and timely manner. Taxable benefits and CPF contributions are automatically included accurately.
- Our payroll complies with Singapore statutory compliances such as CPF and tax and includes direct IRAS tax reporting. Employees can access their payslips through a mobile app, providing them with convenience.
Reward Bonuses or Salary Adjustments through Performance Intelligence
Compute performance bonuses based on performance grading insights, allowing management to reward high-performing employees accordingly. Our payroll system allows employers to compare salary revisions with industry benchmarks and ensure competitive compensation packages. Department heads can generate reports for review of employee salary and benefits.
Frequently Asked Payroll Questions
How does the system integrate with other HR functions?
HRiQ™ Payroll Software is designed to seamlessly integrate across other HRiQ modules, ensuring real-time updates and accuracy.
Is the payroll system compliant with Singapore's statutory regulations?
Yes, the system complies with Singapore’s statutory requirements, including CPF contributions and tax regulations, and provides direct IRAS tax reporting.
Can the system handle multi-currency payrolls?
Yes, HRiQ Payroll Software supports multi-currency payouts, catering to organizations with payment that needs to be converted to other currencies overseas and paid through the telegraphic transmit method.
How does the system facilitate performance-based bonuses and salary adjustments?
HRiQ Payroll is seamlessly integrated with the HRiQ Performance Appraisal system, enabling management to compute performance bonuses based on appraisal results. The system also supports salary revision planning by comparing employee compensation with industry benchmark data, providing compa-ratio insights to help ensure competitive and equitable compensation packages. The system allows management to compute performance bonuses based on performance grading insights and compare salary revisions with industry benchmarks, ensuring competitive compensation packages.
What reporting capabilities are available for payroll expenses and tax compliance?
HRiQ™ Payroll Software enables management to obtain detailed reports on payroll expenses, tax compliance, and more, aiding in financial analysis and decision-making.
Is there a mobile application for employees to access their payslips?
Yes, employees can access their payslips through a mobile app, providing convenience and easy access to their payroll information.
Does the system support performance management integration?
Yes, the system integrates performance grading insights to facilitate the computation of performance bonuses, aligning payroll salary with performance management.
Can the system handle complex payroll requirements and automation?
HRiQ™ Payroll Software is designed to integrate real-time processes across other HRiQ modules, automating data capture and transmission while ensuring complex HR policies are seamlessly applied.
How can we request a demo or get more information about the system?
You can request more information or a demo by contacting us through the enquiry form on the website.
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