The accelerated adoption of cloud payroll software
Covid-19 has made having remote working arrangements a common practice for many businesses. Some might even say the norm. Many businesses have been compelled to accelerate their digital transformation to survive and thrive in this new normal. And a feature of this push is the migration from on-premise solutions to cloud-based solutions.
By switching to cloud-based solutions, businesses can access many of their essential tools anytime and anywhere. Gone are the days when employers and employees alike have to return to their office to access on-premise software that is installed in dedicated workstations.
This benefit of being able to access your digital tool remotely has been made even greater by the pandemic. In fact, some may even consider this benefit a necessity now.
The Electronics Industries Training Centre (ELITC) is a prime example of this. Founded in 1986 by a leading multinational electronics company in Singapore, ELITC is a non-profit charitable organisation that serves the electronics industry by providing skills upgrading training, academic programmes, and workforce skills qualifications.
For 14 years, ELITC used Access EasyPay as their payroll software. And during this entire duration, payroll processing with this simple, powerful, IRAS-approved software was a breeze for them. But when the pandemic happened and physical workplace restrictions were imposed in 2020, they needed to find a solution that would allow them to process payroll remotely.
Thankfully, Access had recently released a cloud version of the software then with EasyPay. ELITC became one of the first few organisations to adopt the cloud version of EasyPay to overcome the workplace challenges created by the pandemic.
Now with Access EasyPay Online, I can process payroll from anywhere, at any time. We don’t need a dedicated computer to use it. I can use it on my laptop, so it’s very convenient.
ELITC's adoption was just a drop in the larger ocean of cloud transition that was, and is, happening at an accelerated rate across all industries because of the new remote working norm caused by the pandemic. The global market for cloud-based payroll software is forecasted to reach $11.4 billion by 2026, advancing at a CAGR of 6% from 2021-2026.
How Access EasyPay Online can help
As a cloud payroll solution that allows for remote access, EasyPay Online also provides a host of other benefits, some of which include:
Automatic updates
Because everything is hosted and managed by Access, you’ll always enjoy the latest version and you’ll no longer have to manually ensure that the software is updated.
HR module
Enjoy additional HR-related functionalities such as managing employee leave and attendance and allowing employees to view their payslips online.
Legal compliance
EasyPay Online is always up to date with the latest local legislations in Singapore, Malaysia, Hong Kong, Indonesia, Thailand, the Philippines and Brunei, so you won’t have to worry about the devil in the legal details.
Comprehensive IT security that is internationally certified
Your data will be stored in secure data centres within Singapore which are always managed by an operations team with an emergency team on standby; a robust cyber security system that employs distributed firewall technologies to protect your data from illegal incoming traffic, and security zones to isolate your data from other users’; and a multi-factor user authentication feature.
Award-winning payroll software
Learn more about how Access EasyPay can help you smoothly transition to a cloud payroll solution.
