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Filipino SME HRIS & Payroll Software: Prioritizing the Filipino Employee.
Beginning in 2022, local small-to-medium businesses (SMEs) anticipate a stronger year. According to the Sun Life Business Growth and Resilience Index, which was updated on April 29, 2022, and surveyed 2,400 SME owners in late 2021 across Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, and Vietnam, 70 percent of the total SME respondents expect the country’s economy to improve this year, and 74 percent expect their business’s financial situation to improve.
Thirty percent of the 84 percent of SMEs planning to expand or grow their business intend to do so digitally. Human resources information systems (HRIS) and payroll software vendors play an important part in this digitalization.
Introduce yourself to Industry 4.0.
In a nutshell, the fourth industrial revolution, also known as Industry 4.0, is the application of new systems to manufacturing and traditional processes that were introduced during the third industrial revolution. Industry 4.0 changes the way businesses make, improve and distribute their goods. In addition, businesses are revolutionizing the way they do business.
As shown by the digital transformation pyramid, Industry 4.0 explains how businesses may use technology and the Internet of Things (IoT) to transform themselves.
Why is digitization important?
The digitization or creation of digital representations of the company’s information from manual papers is the first step in the digital transformation pyramid.
This is where SunFish DataOn, a full-suite HRIS and payroll software, comes in helpful. The HR department of a corporation can easily digitize company information using HRIS software. SunFish DataOn also offers strong security to ensure that employee information remains confidential. Furthermore, because employees may upload and update their documents through the platform, HRIS software encourages employee participation.
HRIS software is also beneficial to the company’s HR department. Employee and company data that has been digitized increases data accessibility, security, and safety from physical risks such as fires.
Digitalization is the next level in the digital transformation pyramid. Data digitization is the first step toward digitalization. Processes are transformed as a result of digitalization. The HR team’s processes can now be completed utilizing a single application in the case of an HRIS and payroll software. Time and attendance using an Intelligent Temperature Checking System (ITCS), leave management, computerized payroll, accurate geotracking, and geofencing are just a few examples of such operations.
By digitizing processes, the department, and thus the organization, can devote their attention to other pressing issues.
Digital transformation is the (current) last phase on the digital transformation pyramid. Digital transformation entails using the internet and cutting-edge technologies to develop business solutions. This includes implementing new technology processes that will determine the company’s future.
Local SMEs are currently concentrating on the first two tiers of the pyramid. Fortunately for them, SunFish DataOn developed GreatDay HR, an HRIS and payroll software designed by Filipinos for Filipinos.
Why GreatDay HR is the software to use by local SMEs because it was created by Filipinos for Filipinos.
SunFish DataOn’s localized HRIS and payroll software is called GreatDay HR. The taxes, work calendar, and required paperwork are all tailored to the Philippine market, which sets GreatDay HR apart from its parent firm. GreatDay HR is a better solution than international HR management software because it is easier to switch to a platform that already caters to the Filipino market.
Apart from that, the price of GreatDay HR makes it the ideal HRIS and payroll software for conglomerates and SMEs. This is especially important for companies that are digitizing their data and automating their procedures.
Another benefit of GreatDay HR is the availability of local engineers and tech support. With a local workforce, businesses can easily contact GreatDay if they run into any problems or defects with their software. The ability to talk in the native tongue is also advantageous because it facilitates communication.
Accessibility is also promoted by GreatDay HR, regardless of location. Employees can use the software to connect with their teams, file leaves, and update their paperwork. Apart from employee responsibility, this allows for stronger cross-functional collaboration because workers can work from anywhere.
The local HRIS platform is likewise ISO certified (9001:2015 and 27001:2013) and adheres to the RA 10173 Philippine Data Privacy Act to protect firm personnel information.
“As we move into the new world order of hybrid workplaces and highly tech-savvy mobile staff, all businesses must adapt to be competitive.” Those that don’t will find themselves at a disadvantage and may even fail.
Many organizations in the Philippines are employing the very complete GreatDay HR platform to digitalize their HR systems. As a result, they can receive the greatest HRIS at a low cost to fit their budgets.
Sri Coles, CEO of SunFish Data On Philippines, said, “We are happy to partner with these progressive organizations who recognize that their people are what will create their business for them in the difficult years ahead.”