Infinigent Software's profile

Go Paperless, Go Profitable: Infinigent’s HR & Payroll

Go Paperless, Go Profitable: Infinigent’s HR & Payroll Software for Growth
The global human resources software market size was USD 22404.71 million in 2022 and is expected to reach USD 42975.92 million by 2028. This means the era of paper-dependent HR is over.

The UAE has seen exponential growth in the entertainment and tourist sectors. But today, digitalization is also picking up great momentum in the UAE and businesses are taking big steps to embrace it.  

Nearly three quarters of senior HR executives in the UAE are responding to drastic change by actively seeking digital solutions to transform departmental functions. 
But with these changes happening, if your organization is still handling HR and payroll solutions manually, you are left far behind in advancement and growth.
You will learn what the challenges of traditional HR and payroll in the UAE are and how Infinigent, a leading provider of HR and payroll software in Dubai, solves them.

Challenges of Traditional HR and Payroll in Dubai:

Manual processes lead to errors and inefficiencies.

Manual processes in HR and payroll mean doing things like filling out forms, calculating salaries, and keeping track of employee information without using computers or automated systems to help. Since it’s all done manually, there’s more room for mistakes, and it takes longer to get things done.

A survey done in 2022 of the future of payroll found that 85% of respondents had issues with payroll technologies and 69% had payroll data issues.
If your organization has a mix of different pay structures within your workforce, it will be a big mess if you make even a small mistake.

For instance, if someone accidentally inputs the wrong hours worked for an employee, it can lead to incorrect pay, causing frustration and potential legal issues.

Time-consuming tasks like data entry, payroll calculations, and compliance reporting.

A study points out that HR professionals spend about 73.2% of their time on tedious administrative tasks, including payroll processing and data entry.

Manually calculating overtime for each employee every pay period can eat up hours of valuable time.

Also, HR has to make sure that the company follows all the rules and regulations related to employment. This might involve keeping track of labor laws, tax regulations, and safety standards. 

Last but not least, imagine having to organize and update all that information for every single person in the company.

HR professional time is precious and they can spend on strategic HR initiatives.

Lack of visibility and control over HR and payroll data.

As an HR professional, you are responsible for handling your employees. You must have all their details, including leave and work performances, to get a clear picture of how your organization is moving forward.

But trying to keep track of all your employees’ records and payroll details using spreadsheets or outdated software is a big headache.
It’s hard to know everything that’s happening at your place. Without proper visibility, it’s challenging to identify trends, spot potential issues, or make informed decisions about staffing and finances.

Difficulty in scaling HR operations to accommodate growth.

Let’s say your company starts to grow rapidly. Suddenly, the old HR and payroll systems that worked fine for a small team become overwhelmed and inefficient. You might find yourself struggling to keep up with the increased workload and facing delays in processing payroll or updating employee records. This can lead to big chaos. 

So, overall, manual HR processes slow down growth by consuming time, introducing errors, lacking efficiency, and limiting scalability.

How Infinigent’s HR & Payroll Software Makes a Difference?

According to the Gulf Cooperation Council, HR tech is going mainstream, with 67% of UAE-based HR executives experiencing a boost in their digital transformation in their functions through software.
But here’s a catch. 

Another study done on HR technology shows that 85% of respondents have issues with their payroll technologies. This means there are already multiple HR and payroll software in Dubai, but they don’t suffice for everyone’s common HR needs.

This is why you need intuitive and robust HR and payroll software like Infinigent, which is designed to make HR and payroll processes easier. It has the following features:

Automation:

Automation is not about replacing human labor. It’s about amplifying human potential.
As an HR, you calculate payroll, manage employee leave, and are involved in hiring, which entails resume screening, interview planning, and dealing with expense reports, which are not only tedious but also time-consuming. But studies show that only 37% of HR job functions are commonly automated and executives pointed out that the HR department is most in need of a reboot.

With Inifigent software, you can automate all mundane and complex tasks, so you can focus on more important tasks.
In fact, after switching to automation, HR departments will experience a decline in excessive paperwork, increased data-driven decision-making, and better security practices, leading to increased productivity and better resource allocation.

Improved visibility and control:

People often have biases and doubts. One of the big accusations made by employees is that the HR department has minimal transparency.
So, when HR departments are open about growth, it makes employees feel appreciated and encourages healthy competition. This pushes both the organization and employees to do better.

Here, HR software can provide real-time data access to employee records, attendance, performance metrics, etc. 

Infinigent allows you to view HR information at a glance with the multi-featured calendar.
Since they generate detailed reports and analytics on various aspects of HR management, employers will have better strategic planning and resource allocation.

By centralizing all HR-related information in one secure database, HR software eliminates the need for manual record-keeping and disparate systems.

Infinigent allows employers to easily attach employee and company documents, including memos, any associated documents, and get document expiry alerts.
When HR teams and senior leadership have greater visibility of their workforce, they can make the right decisions.

Compliance:

The payroll system is controlled by various UAE labor laws and regulations. So, businesses must keep an eye on the current payroll trends, rules, and best practices.
For instance, employees in the UAE have the right to work only a specified number of hours per week, not exceeding 48 hours and overtime must be compensated at the legally mandated rates.

In addition, they must be entitled to rest periods, including weekends and public holidays, as specified by UAE labor law.
According to a report by the Ministry of Human Resources and Emiratization, over 16,000 labor law violations were recorded across the UAE and employers were subjected to hefty fines.

Staying on the right side of UAE labor laws and regulations is made easier with Infinigent which is the best HR software in UAE . Since this HR software is tailor-made for the UAE, it comes with built-in features that ensure you are always compliant, and it also regularly updates with recent laws, saving you from potential legal issues in the future.

Scalability and Flexibility:

As your company grows, this best HR software in Dubai, UAE can handle increasing amounts of data and processes without becoming overwhelmed. 
This is why nearly 30% of finance and HR leaders aren’t sure that their payroll system can support their future plans for growth or geographical expansion. 
Infinigent’s HR and payroll software helps you overcome this issue.

Easy scalability

This software grows with you, accommodating more employees, departments, and HR tasks seamlessly. Infinigent software supports multi company set up, multiple organization levels, cost senter, department, section, unit, etc.

Incorporate changes without hassle:

Do you need some extra features or modules to accommodate new HR policies or business requirements for your organization?
HR software is designed to integrate these changes without disrupting your existing workflows.

Access HR and payroll information from anywhere.

Cloud-based HR and payroll software allows both managers and employees to access HR resources and information from anywhere with an internet connection. This feature greatly helps people working in remote settings.

Promote flexible work arrangements.

There’s always a high need for innovative payroll systems that accept different compensation structures, such as hourly and project-based pay. Infinigent can handle such payments and calculations and pave the way for implementing flexible work arrangements.

Benefits of Using Infinigent’s HR and Payroll Software in Dubai:

With automation, improved visibility and control over your organization, compliance with the laws, easy scalability, and flexibility, you get the following benefits:

Get real-time data:
You can make informed decisions when you get real-time access to accurate employee data.

Increases efficiency: 
Automation is gold in HR and payroll processes because they can calculate and distribute employee salaries, track down taxes and deductions, and manage employee benefits. Thus, it reduces the workload on HR departments.

Improved accuracy:
Too err is human. But we can’t take chances, especially on payroll, because UAE laws are too strict. Even a small mistake can lead to a big issue.
When software handles calculations and reports, there are fewer or no mistakes.

Better decision-making: 
Instead of drowsing in the sea of records to track the data of each employee, you can act smart.
By looking at data and reports generated by automated HR and payroll software, you can make better choices for the company.

Enhanced employee satisfaction:
The UAE has almost 80% expats. So, handling them is not a piece of cake. But when mundane tasks are automated, you can concentrate more on helping employees with their queries. Giving employees access to their own HR information through online portals or apps makes them happier. 
Employees can manage, obtain approval & get paid their expenses using Infinigent HR software.

Save money:
Automated systems like HR software can save money because they don’t need as much hardware or people to run them.

Closing Notes:

In conclusion, manually processing HR tasks will definitely pull you down, and your organization will witness no growth. Meanwhile, investing in Infinigent’s HR and payroll software is more than just going paperless. It’s more about streamlining your HR and payroll processes and saving time, resources, and effort. Are you ready to revolutionize your HR and payroll management by upgrading it from manual managing? Contact us today.
Go Paperless, Go Profitable: Infinigent’s HR & Payroll
Published:

Go Paperless, Go Profitable: Infinigent’s HR & Payroll

Published:

Creative Fields