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Many companies still rely on paper or email-based systems to manage their leave processes, where they receive leave requests and record them manually in Excel for payroll processing.
However, using Excel for leave management can be cumbersome and time-consuming due to the manual operations involved in creating spreadsheets, inputting data, writing formulas, generating reports, and exporting files. Additionally, accurately managing employee leaves is crucial for payroll calculations, including commissions, unpaid leave, and paid sick leave, each with different calculation methods.
In contrast, Workstem’s cloud-based HR and payroll system offers specialised leave management features tailored for businesses. Here’s why Workstem’s Leave Management Software is more effective than Excel:
Customizable leave Rules
Workstem allows businesses to configure different leave rules and types based on their specific requirements. This includes factors such as leave entitlements, probationary period restrictions, and more. The system automatically calculates leave entitlements for each employee based on the configured rules, eliminating the need for manual adjustments.
Automated Leave Application and Approval
Workstem streamlines the leave application and approval process. Employees can submit leave requests directly through the Workstem one app, which can be reviewed and approved by employers or HR. This eliminates the need for manual paper forms or email exchanges and ensures a more efficient and organised workflow.
Automated leave balance in real time sync
Workstem offers automated leave balance management, ensuring employees have real-time access to their available leave days through the mobile app. This eliminates the need for manual calculations or HR inquiries, empowering employees to plan their time off effectively.
Additionally, Workstem automatically updates public holidays each year and calculates employee leave usage, balances, entitlements, and accruals, including annual leave, personal leave, and long service leave. These automated calculations are based on factors such as an employee’s length of service and hours worked. The system provides accurate information that can be used for budgeting, planning, and compliance purposes, streamlining the leave management process.
Seamless Integration with Payroll in One Smart HR System
Workstem offers a seamless integration between leave management and payroll processing, providing a unified and efficient system. Approved leave requests are automatically reflected in employee leave balances and seamlessly incorporated into payroll calculations. This integration eliminates the risk of errors and ensures accurate payroll processing, including considerations for factors such as unpaid leave, sick leave, and commissions.
Additionally, Workstem enables easy synchronisation of employee leave balances and pay rates with the payroll system. This streamlined process simplifies leave management and payroll processing, ensuring the precise payment of leave entitlements and appropriate tax treatment.
By utilising Workstem’s smart system, organisations can seamlessly manage both leave and payroll in one integrated platform, enhancing operational efficiency and accuracy.
Efficient Leave Management with Workstem: The Ultimate Solution
Discover the transformative power of Workstem, the leading leave management software for businesses. Our comprehensive HR and payroll software simplifies and streamlines your leave processes, seamlessly integrating onboarding, rostering, attendance, expense claims, payroll, tax, superannuation, STP, and more into one powerful system.
Experience the ease and efficiency of Workstem’s leave management software. Say goodbye to manual calculations and time-consuming processes. Our software automates routine tasks, reduces errors, and saves you valuable time and resources. With Workstem, you can effortlessly manage leave requests, track leave balances in real-time, and ensure accurate payroll calculations.
Stay compliant with Fair Work regulations and Enterprise Agreements effortlessly with Workstem. Our software keeps you updated with the latest labour laws, automates leave entitlement calculations, and provides accurate information for budgeting and compliance purposes.