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If you do not yet have a payroll management system in place for your business, it might be time to reconsider. Payroll management systems include a collection of processes designed to streamline your business’s day-to-day tasks and assist with your company's revenue strategies.
The purpose of a payroll management program is to automate repetitive tasks related to paying employees so that your HR team can be freed up to focus on more pressing projects.
Let us take a look at five payroll management tools and the benefits of investing in this type of software for your business.
The Benefits of Using Payroll Management Tools
Your business can benefit in a number of ways if you choose to implement a payroll management system, including:
- Improve your field technicians’ and employees’ morale. Streamlined payroll activities provide a proper, regular payroll structure, which helps to build trust between employees and employers. When you pay your staff on time, deduct correct tax amounts, and offer bonuses and financial incentives, your employees will be happier and more productive as a result.
- Ensure legal compliance. Every water treatment business has to adhere to payroll compliance frameworks according to their region of operation. It is easy to miss certain regulations or requirements when your business is handling its payroll processes manually. A quality payroll management system will reduce your chances of missing certain compliance facets and help to ensure that your business always operates within the confines of local tax and labor laws.
- Keep your company data secure. Many new and small businesses face challenges when it comes to keeping their data — and that of their employees — secure. An automated payroll management system can assist you in securing and managing large volumes of data. Many modern systems include safe cloud storage facilities for essential documentation.
- Amplify your time and cost savings. Water treatment businesses that use payroll management tools do not need to spend thousands of dollars hiring full payroll teams to manage salaries and tax deductions. They do not have to spend huge amounts of time on payroll at the end of every month, either.
A payroll management system can save your company significant amounts of money while simplifying your HR team’s jobs in the process.
5 Payroll Management Tools for Water Treatment Companies
Running a business means dealing with numerous moving parts on a daily basis. Your technicians have to travel to different job sites every day, you need to handle parts and inventory, and your customers need to be billed, among dozens of other tasks.
Field service management and payroll management software can help. This software organizes and streamlines your operations so that you can focus on providing the best possible level of service to your customers.
Here are five field service and payroll management system programs to meet your business’s needs.
Hourly
Hourly is a complete payroll management system that helps you run your HVAC company smoothly. The system allows you to manage payroll, bonus, and tax payments from your computer or mobile app on the go.
The tool keeps track of taxes and does all the calculations for you. It also syncs your payroll data with your workers' comp insurance, in real-time, so premiums are based on actual wages, and not a guess. You can track time and tasks by client, project, or location and run payroll within minutes.
FieldEdge
FieldEdge's cloud-based payroll management system is easy to use and can be accessed via a mobile app. The system has a number of other tools to improve the efficiency of your technicians and give them the tools they need to send invoices, collect mobile payments, and track customers’ histories with ease. Business owners can use FieldEdge to route technicians, assign work orders, send agreements and invoices, and streamline their payroll and tax deduction tasks.
FieldEdge offers a free demo and its mobile app is available for Android and iOS devices. The service even provides in-person training facilities through webinars, online calls, and documentation on their official website.
Service Fusion
If you need a highly user-friendly payroll management system for your business, this could be the option for you. Service Fusion allows you to list new customers, track your technicians and fleet, schedule appointments, give estimates, generate reports, and manage payroll and tax from a single unified interface.
You can even use Service Fusion to create your own branded company app for your customers to download. They can use this customized app to schedule service appointments, send issue reports and images to technicians, and even view their own service histories. Service Fusion’s cloud-based services can be trialed through a free demo. Its mobile app is Android and iOS-optimized, and training and support are available through online calls, webinars, and on-site documentation.
ServiceTitan
ServiceTitan is a turnkey business solution that effortlessly handles invoicing, booking, marketing, sales, dispatching and payroll. This system makes use of a mobile app to enable business owners to keep track of their technicians in the field and manage payroll, inventory, and other important payments.
The cloud-based service offers a free demo and an app that is compatible with all Android and iOS devices. It also has full support during PST business hours and offers in-person and online call training for new users.
Housecall Pro
This program is designed specifically for business owners that want to automate and streamline their operations. It assists with online booking management, payment processing, technician tracking, payment collection and payroll, while allowing your customers to book with you 24/7 to maximize your profits.
Housecall Pro offers a free 14-day trial and a range of different pricing tiers to suit your business’s needs. The service offers a mobile app for iOS and Android devices (iOS 9 and Android 5 and above), along with support via telephone and live chat.
The Bottom Line
Once you implement a payroll management system for your business, you will no longer need to worry about generating and handling salary documentation, pay stubs and employee deductions. Your system will automate tax deductions, leaving you to focus on optimizing the efficiency of your team and increasing your bottom lines.
Choosing the right system will ensure that your business knows the true costs of every employee and remains tax compliant. It will also ensure that you keep your employees satisfied to maximize your output and profits.
