Human Resources or HR software is essential for companies as it can help improve the overall employee experience and help in business operations. With HR software companies in the Philippines, HR professionals can save time with handling employee records.

Some elements and requirements in the Philippines require companies to be registered with different government agencies, which are the following:

• Philippine Health Insurance Corporation (PhilHealth)
• Home Development Mutual Fund (Pag-IBIG)
• Social Security System (SSS)

In compliance with government policies, it is crucial for HR professionals and payroll masters to use HR payroll package software that can be helpful in handling various reports concerning these requirements. It can be challenging for growing businesses to file forms and gather updated reports from agencies that collect and monitor employee income taxes and contributors.

Employers in the Philippines are liable for withholding taxes on employees’ salaries. Before distributing salaries, employers must compute the employee’s taxable income, which may sound easy, but it can be different when the night shift differential and holiday pay are included. While businesses are the ones that must process the contributions, it can be challenging at times to juggle business management and responsibilities.

Opting for HR software allows functionality in applicant tracking, automated onboarding, time, attendance, and custom reporting. The best HR software can also help in making it more accessible and manageable to handle employment records without worries about data breaches. Many of these systems are integrated with payroll software, enabling users to easily input employee hours and see cash requirements before submitting payroll.

HR software sponsors can impact business decisions and ensure the system is implemented appropriately. The best software system for a company would depend on its needs, but one should consider user-friendliness and functionality in choosing the right HR software for business operations.

For more information about the rise of HR software companies in the Philippines, here is an infographic from Great Day HR.