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Choosing the right HR and payroll software can significantly impact small businesses in Australia. Here are some cost-effective options available.
1. Key Considerations for Choosing HR and Payroll Software
- Budget: Determine your budget and stick to it.
- Scalability: The software should be able to grow with your business.
- User-Friendliness: Ensure the interface is intuitive for ease of use.
- Customer Support: Reliable customer support is crucial.
- Integration: Check if it integrates well with your existing systems.
2. Popular Cost-Effective HR and Payroll Software in Australia
Software | Features | Pricing | Best For |
---|---|---|---|
Employment Hero | HR management, Payroll, Employee self-service | From AUD 6/month/employee | Small to medium businesses |
Xero Payroll | Full payroll functionality, Tax compliance | From AUD 60/month | Businesses already using Xero Accounting |
KeyPay | Online payslips, Time tracking | From AUD 2/month/employee | Businesses needing flexible pay periods |
Deputy | Staff scheduling, Time tracking, Payroll integration | From AUD 3/month/employee | Companies with hourly employees |
HR3 | Multi-company management, Custom payslips | From AUD 45/month | Complex scaling businesses |
Sage MicrOpay | Secure payroll processing, Compliance support | Pricing on request | Established businesses |
ZenPayroll | Streamlined payroll, Tax calculations | From AUD 25/month + AUD 4/employee | Startups and small businesses |
3. Statistical Overview of Software Usage in Australia
Software | Market Share (%) | Growth Rate (%) (Year on Year) |
---|---|---|
Employment Hero | 25% | 15% |
Xero Payroll | 20% | 10% |
KeyPay | 15% | 12% |
Deputy | 18% | 8% |
HR3 | 10% | 5% |
Sage MicrOpay | 8% | 3% |
ZenPayroll | 4% | 20% |
4. Mind Map of HR and Payroll Software Features
- HR Management
- Employee Records
- Performance Tracking
- Payroll Management
- Salary Calculations
- Tax Compliance
- Time Tracking
- Leave Management
- Attendance
- Reporting
- Custom Reports
- Analytics
- Integrations
- Accounting Software
- Applicant Tracking System
5. Customer Support Channels
- Email Support
- Live Chat
- Phone Support
- Knowledge Base
- Community Forums
Conclusion
Choosing the right HR and payroll software is essential for small business efficiency. Consider your specific business needs and weigh the options above.
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