Invatechs Payroll Features
Say goodbye to manual payroll tasks and hello to streamlined efficiency with our top-of-the-line payroll software features!
Automation allows the software to perform repetitive tasks such as calculating payroll taxes, deductions, and employee pay, as well as the generation of payroll reports and the distribution of pay stubs. This can save a lot of time and reduce the risk of errors.
Payroll software should be able to ensure compliance with federal, state, and local laws and regulations, including tax withholding and filing, and the provision of required employee notices and forms. This includes features such as automatic calculation of payroll taxes, generation of forms such as W-2s, and the ability to file taxes electronically.
Direct deposit allows employees to receive their pay directly into their bank account instead of receiving a paper check. The software should have the ability to process direct deposit transactions for employee pay, as well as the option for employees to view and manage their direct deposit information online.
Time and attendance tracking
Time and attendance tracking allows employers to track employee hours and absences, and integrate this information with the payroll process. This feature can also help to prevent time-theft and errors in payroll processing.
Employee self-service allows employees to view and manage their payroll information, such as pay stubs, tax forms, and benefits information, through a secure online portal. This can make it easier for employees to access their information and make changes as needed, and can also reduce the workload for payroll administrators.
Reporting and analytics
Reporting and analytics allows employers to generate and view various payroll reports and analytics, such as payroll expenses by department, employee turnover, and compliance reports. This can help employers to make more informed decisions and identify areas where they can improve.
Mobile support allows employers and employees to access the payroll software and features through mobile devices, making it more convenient to manage payroll information on the go.
Integration allows the payroll software to connect with other systems such as accounting, human resources, and time-tracking software. This can help to streamline processes and reduce data entry errors.
Security features such as robust encryption and access controls are important to protect sensitive employee and financial information. This ensures that only authorized users have access to the payroll data and transactions.
Software support and training resources can be helpful to assist users with any issues or questions they may have about the software. This can help to ensure that the software is used effectively and any issues are resolved in a timely manner.