Is it ‘Pay Day’ or ‘Mayday’ for your HR?
While employees eagerly look forward to month-end and year-end, as the time to reap the benefits of work done, HR departments bear the unenviable job of ensuring salaries and payouts happen on time, seamlessly, and aligned with compliances and regulatory needs.
This can put undue stress on HR functioning, not just once but every month, every year, guzzling precious resources and time if the payroll management uses traditional manual methods of processing and dispersing pay, generating reports, and validating data.
It is this crucial factor that decides whether your HR looks to the month-end as ‘pay day’ or is forced to cry MayDay!
Salaries and payouts are the most sacred of the many covenants between a business and its workforce, and it becomes one of HR’s most important duties to ensure it is secure and delivered upon, no matter how large the workforce, no matter how varied.
HONO, with a state-of-the-art HRMS, backed by AI, has a smart product solution designed by a team of senior HR leaders and cutting-edge technologists called the
HONO PAYROLL MANAGEMENT SYSTEM
It has been designed to automate and address the most stubborn pain points of businesses and HR departments when dealing with payroll processing – and it promises easy integration with legacy systems too.
So, if you can identify with any of the following ‘Mayday’ signals, we’d be happy to make them go away:
• Payroll processing at scale
• Anomalies in pay distribution
• Compliance challenges
• Maintaining different payroll rules
• Limited data validation
• Preclusion of leaves & overtime
• Delays in pay distribution
• Manual salary records
• Manual dispersal of payslip
• Calculation errors in bonus, travel expenses, deductions
• Man-hour intensive year-end computation
• Overtime computation challenges
If you’d like to know more about the HONO PAYROLL MANAGEMENT SYSTEM
With more than 1 million + employees, and 300+ businesses already using the HONO AI-backed platform globally, HONO’s solutions have been executed widely and is trusted by the smartest business leaders.
Do reach out to us if you’d like us to help you move to a smarter, happier, and easier way of managing your ‘payroll process’.