- Time and Attendance Tracking: The software can allow employees to clock in and out, record their break times, and track their attendance. This data can be used to calculate employee hours and pay.
- Payroll Management: The software can calculate employee wages based on their hours worked, including any overtime or holiday pay. It can also calculate deductions for taxes, benefits, and other payroll-related expenses.
- Direct Deposit: The software can enable direct deposit of employee wages into their bank accounts, making it more convenient and secure than issuing paper checks.
- Employee Self-Service: The software can allow employees to view their pay stubs, request time off, and update their personal information.
- Compliance: The software can help ensure compliance with labor laws and regulations by automatically calculating overtime, tracking sick leave and vacation time, and generating necessary reports.
- Integration with Accounting Software: The software can integrate with accounting software to automatically transfer payroll data, reducing the risk of errors and saving time.