In our previous article, we laid out to you a handful of actionable guides to navigate & automate your payroll processes and ease the burden on your shoulders.
Yes, payroll processes can be dauntingly scary, particularly if you’re making use of subpar payroll software to carry out the exercise. But, why settle for less, if you can go for gold?
Payroll solutions are designed to automate each step of the payroll procedure for enterprises of all sizes. They are to assist you in controlling employee wages by making it simple to set up direct deposits, deduct payroll taxes, and maintain proper records to avoid mistakes leading to penalties.
These solutions are available to assist and make you more productive while staying on top of your game, not sap the energy out of you.
Automation via payroll solutions is more prevalent today, hence the sea of mid-ones available. That’s life’s modus operandi — for every good thing created, tons of mid-models are made.
In order to assist you in selecting the best payroll software for your company and minimize mistakes and hiccups, we have compiled the top 5 payroll solutions in Nigeria based on their ease of use, significant customizations and connectors, convenience, reporting tools, and support.
Here Are The Top 5 Payroll Software In Nigeria, in no order of ranking.
Earnipay: Amongst fintech hubs that provide second-to-none operations to businesses across Nigeria, Earnipay stands the tallest and has mastered the art of tackling the financial worries of modern businesses.
Earnipay’s payroll software streamlines payroll processing and financing for businesses. It helps Nigerian businesses stay compliant with tax laws and is highly customizable. This means that you can set unique pay structures according to your business requirements.
Another mind-blowing feature is the access to financing options such as credit to support all your payroll operations.
From small startups to big companies, the Earnipay Payroll Solution is readily available for companies of all sizes. It is also ideal for any business that wants to resolve payroll processing and access funding options to assist their business operations.
QuickBooks Payroll: QuickBooks is a well-known accounting software that also offers payroll features. With QuickBooks, you can easily calculate taxes, manage employee records, and run payroll all in one place.
QuickBooks also offers integration with other accounting software and services, making it an excellent choice for businesses that need a complete accounting solution.
Zoho People: Zoho is a global technology company that also started out in Nigeria last year, June 2022, to be precise.
Their payroll software is an excellent choice for small enterprises on a tight budget because it provides a free employee database and PTO monitoring for companies with fewer than five employees.
The app also integrates with other Zoho apps, making it an excellent choice for businesses that use other Zoho products.
Invex Payroll: Invex Payroll is a comprehensive solution that automates key processes to help you run an efficient business. It is a user-friendly and flexible HR management solution for more effective employee management, easier and faster payroll processing, slip generation, annual reports, accounting, payment management, and expenses, time, and activity tracking.
You can also get to plan your employee budget and company segmentation and manage time and activities via the app.
Sage HR: The last, but definitely not the least. Sage 300 has been in the business of helping companies of all shapes and sizes handle taxes and run a more efficient payroll for over 35 years.
The older the wine, the better. Sage’s innovative payroll management software streamlines and automates manual processes like payslips and tax calculations.
Their payroll software makes it easy and simple to calculate contributions to Nigerian funds and schemes and submit your taxes to the relevant State Internal Revenue Service (SIRS).
With the help of these Nigerian Payroll Software, you can save time and money, reduce errors, and keep your employees happy by ensuring timely and accurate paychecks.
As Nigeria’s workforce continues to grow, there is an increased need for accounting software that can help businesses manage their finances. This article has done you the favor of rounding up the very best in the game.
It’s no news that if you’re looking to streamline your payroll process, using a Payroll software is the way to go. With a variety of options available in Nigeria, you’re sure to find one that meets your business’s unique needs. So why not give one a try today and see how much easier managing your payroll can be? Visit here to get started.