Zoho is a leading global technology company that recently launched Zoho Payroll. Zoho Payroll is a payroll management software for businesses in UAE. The solution allows businesses to streamline payroll management, ensure compliance, and automate their monthly payroll tasks.
Businesses in the UAE often face various challenges in payroll management. For example, collecting employee records from various sources to stay in compliance with the UAE labor law. In this blog, we will discuss how businesses can benefit from the recently launched Zoho Payroll. Let’s get into the blog.
Zoho Payroll automation to reduce error in payroll tasks
Zoho Payroll helps you manage your payroll tasks without any errors. It is a feasible solution for businesses in the UAE to manage their HR tasks and payroll-related tasks.
Zoho Payroll software will help you to integrate your payroll tasks into automation. You can transfer your data automatically and simply. You can put all the key information about your employees in Zoho Solution.
So, businesses can map their employee’s data such as full name, residential address, date of joining, employee ID, passport information, nationality, department, designation, salary, and allowance details. Moreover, you can add the working hours and the banking information in Zoho People that are to be synced to your Zoho Payroll account.
This means any updates made to this data will also be reflected automatically in your Zoho Payroll account.
Similarly, payroll inputs, including attendance data, leave data, loss of pay data, and overtime hours, can be synced easily between Zoho Payroll and Zoho People.
Error-free payroll calculation
Once you feed all the important payroll input into your Zoho Payroll system. Also, you have already defined the pay frequency and pay date. The system will automatically calculate the net pay of the employees according to the UAE rules. This way, payroll processing is efficient and accurate, and employees are paid on time. Moreover, you can have the final pay run approved to ensure that there are no errors in the process.
Compliance with payroll laws
In UAE, there are many laws and regulations set by the government. As a business owner, you have to comply with the Wage Protection System (WPS), and our payroll system helps you maintain compliance with the law. So, Zoho Payroll enables you to customize the pay frequency to match the requirements properly. Once you complete your pay runs, you can generate the Salary Information Files to submit at the end of each month. Moreover, Zoho Payroll solution will help you to take into account the social security regulations of the employee’s specific country. It further ensures that the pensions and other benefits are calculated accurately.
Access to a self-service portal
With Zoho Payroll, employees get access to a self-service portal. They can stay on top of their salary-related information, updates and view their personal information. Employees can access and download their pay slips, stay on top of employer-provided loans, and view their salary breakdown. They can have a look at the contributions to Social Security Benefits, contact payroll admin, and perform their other activities from a single system.
Conclusion
With Zoho Payroll, you can get the benefits of completing payroll tasks and centralizing all of your HR operations online. Zoho is a widely used accounting software in UAE, and it is quite feasible for them to integrate their payroll management tasks as well. Zoho Payroll is available for use, and the pricing starts from AED 11 per employee per month and is billed annually. Additionally, it has a standard plan of AED 7 per employee per month and is billed annually.
ebs can be your valuable partner in helping entrepreneurs select the right Zoho Payroll plan for their needs. Here is how you can benefit from ebs services in UAE.
ebs consultants can study your business size, employee structure, payroll complexity and industry of your business. This helps us narrow the plan businesses need for the Zoho payroll plan.
We can discuss your budget, specific features your business requires, and future plans. This ensures that the chosen plan fits your financial constraints and operational requirements.
Not only Zoho Payroll, but we also provide other services to businesses. Our services include accounting and bookkeeping services, Auditing, Due Diligence audit services, and many more. So, you should get in touch with our experts to discuss our services and contact us today.
FAQs
What is Zoho Payroll?
Zoho Payroll is a payroll management software for businesses in the UAE. The solution allows businesses to streamline payroll management, ensure compliance, and automate their monthly payroll tasks.
What is the payroll system in UAE?
UAE WPS is an electronic pay transfer system that allows organizations and institutions in the private sector to pay their employees through exchange bureaus, banks and financial institutions approved by the UAE Central Bank.
What is salary slip in UAE?
A pay slip is a document that is provided to the employees. It outlines the details of their pay, including the gross and net pay. It also includes the allowances and other such relevant information.
Is pay slip mandatory in UAE?
Payroll should be generated every month, with additional payments such as bonuses and overtime. Moreover, employers must provide an itemized salary slip to every employee detailing their earnings for the month.
What is proof of salary in UAE?
A pay certificate is the confirmation of your income issued by your current employer. This paper does not have any stated purpose or addressed to a specific organization. So, you can use it for a variety of purposes in UAE.