Nowadays it is important to take the hand of technology and take advantage of it to help us simplify tasks that could turn out to be chores. This is the case of payroll software.
This time we will review what a payroll software is and which are the best ones in Mexico.
What is payroll software?
A payroll software is a system that allows you to calculate the wages and salaries of your company's employees for the work performed during a given period.
In addition, as part of payroll management, it allows you to stamp payroll receipts and distribute all payroll directly to employees' bank accounts.
The payroll software takes the gross salary and runs the tax calculation and payment.
That is, it calculates your net salary plus contributions to social security, SAT and local government entities as part of the calculation process.
Having the right payroll software will help you streamline different processes and take the stress out of payroll.
How to choose a payroll software?
It is very important to understand the functionalities that we are going to require in the payroll; that is:
- If we have a staff with a large number of incidents, it will be important to look for software that allows us to automatically manage incidents in an integrated manner.
- If we have a high level of staff turnover, it is critical to have a system that has a direct connection to the IDSE.
- If we are an accounting firm, we must have a solution that allows us, with a single license, to manage all our clients.
How many payroll softwares are there?
Payroll software is divided into two categories:
- Those that need to be installed and operated on a dedicated computer.
- Those that operate with the latest technology, through web pages or applications from anywhere in the world.
In both categories, there are several products that can help payroll, with some differences between them.
What is the best payroll software?
The best payroll software is the one that offers you these 5 basics:
- Whether in the cloud or online
- Operating in real time
- No extra charges. A single all-inclusive platform
- That allows you to generate Concepts
- That gives you a Zero-Error Guarantee
Knowing this, we will review the best payroll systems on the market.
Zentric
Zentric is a cloud-based payroll software that allows you to perform your payroll processes accurately and professionally.
Being in the cloud means you don't have to pay or wait, even weeks, for it to be implemented. Because it is online, it does not require special dedicated equipment, you can log in from any device and from anywhere with an internet connection.
Payroll calculations in Zentric are automatic and in real time, this means that your payroll is always up to date, without you having to do it manually.
Its mission is to put an end to errors and stress in payroll, which is why it is the only one with a Zero Fines Guarantee; this means that if the authorities fine you for a calculation error in the system, Zentric pays for it.
On the other hand, Zentric offers no extra fees; a single license offers multiple companies, multiple users, included concepts, unlimited payroll stamping and more.
In addition, Zentric has a direct connection with the IDSE so that you can make your IMSS cancellations, registrations and other modifications from the platform.
2023 has brought many payroll changes, but Zentric is now ready and calculating with all of them without having to make manual updates.
Now, with the integration with Worky, you will be able to have your Human Resources processes within the platform.
Nomilinea
Nomilinea helps with the management, payroll and social security processes from its cloud platform.
It has almost automatic calculations and unlimited stamping within its platform. It also offers SUA comparison without leaving its platform.
Nomilinea offers free platform updates, however, you have to wait at least 3 hours before you can start managing your payroll.
In addition to extra support costs.
Contpaqi
Contpaqi is one of the longest running payroll software on the market. They have a lot of experience processing payroll, but they have a large number of solutions, which makes it confusing and complicated.
Within its different packages, Contpaqi charges extra for multiple users, multiple companies.
In addition, their implementation times are usually long, so you might have to wait a certain amount of time to start processing payroll.
Aspel
Aspel also has different products; its payroll software automatically calculates employees' pay and deductions.
It focuses on three types of businesses: service companies, trading companies and industrial companies.
It allows you to perform payroll calculations and allows you to integrate your payroll software with other Aspel products, which means that you have to contract different services to have a fully robust platform.
Aspel also requires implementation on a dedicated computer, so it is not a cloud solution.
Fiscoclic
Fiscoclic's payroll system is in the cloud; it allows calculating and stamping from the platform.
It has incident control and payroll dispersion for several users.
One of its opportunities is that it does not have the possibility of mass uploading of workers' information, so its implementation may take longer.
Finally, we leave you a comparative table with all the most important points to take into account when choosing your payroll software.
Remember that to keep up to date with the world of payroll, we invite you to subscribe to our magazine-blog.
See you next time!
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