Payfit is a online payroll management solution which promises to simplify the payroll process for entrepreneurs.
Being a customer of this solution myself For several years, I have been sharing with you here my feedback on the functionalities of this tool, its advantages compared to a traditional accountant, and the possibility of combining the use of Payfit with the services of an accountant, which I do myself.
The question that will arise here is whether this is a tool more suited to people who work in Human Resources or in an accounting firm, or whether it can be used by any entrepreneur looking for simple and inexpensive solutions.
And so as not to make you wait unnecessarily, I will give you the answer right from the introduction: Payfit is as well suited for accounting or HR firms as it is for entrepreneurs, solopreneurs or VSE/SME owners, because it will allow to save costs, and above all keep control in a very simple way on the entire “Payroll” section, while allowing it to be delegated if necessary to a dedicated employee or to an external firm.
In other words, since this tool arrived, It has completely revolutionized the way I work as an entrepreneur., and I will explain here why and how.
Check prices and features on the official Payfit website
The main features of Payfit
1. Automated Payroll Management
Payfit offers a automated solution for payroll management, allowing generate pay slips in a few clicks and in a completely intuitive way, even for novice users like I was. Key features include:
- Automatic calculations : Calculations of social security contributions, taxes, and other deductions are done automatically.
- Updating regulations : Payfit updates automatically to comply with the latest laws and regulations in force. Which is a huge time saver and a big advantage in order to avoid making mistakes in your payroll and avoid constantly documenting yourself on the new rules in force.
- Management of absences and leave : Employees can declare their absences and request leave directly through the platform, but this is an optional feature, like many options on Payfit.
- Digital pay slips : Employees receive their pay slips in digital format, which reduces the paper footprint and avoids managing paperwork. For years, I had to manually cut out each employee's pay slip in order to send them by email separately, which was a real administrative burden, and the accounting firm was not able to automatically send each employee's pay slip. This is now a problem solved with Payfit.
2. Simplification of HR Processes
Beyond payroll, Payfit offers additional HR functionalities:
- Employee onboarding : Management of hiring documents and integration of new employees, so that you don't forget anything when you hire a new employee.
- Working time tracking : Schedule and overtime management tool, so as to be completely transparent, and thus reduce friction between employer and employee.
- HR reports : Generation of reports for monitoring performance and key indicators.
3. Integration with other Tools
Payfit can also be integrated with other software management tools such as accounting tools, CRM, or even time management systems, thus facilitating the interoperability of the different systems used by the company.
For my part, I integrated Payfit with Combo, the planning solution that I had already summarized in this article.
So, at the end of the month, I just have to export the payroll elements from Combo, and download them into Payfit. I have each employee's data directly, leave, meal allowances, and any other element to take care of. If I need to change something, I can do it directly in Payfit, before generating the pay slips. All this is done in 2 clicks, and in 10 minutes flat.
Then it is also possible to have Payfit but to use it in conjunction with an accounting firm, especially for structures that do not have the skills or the time to manage the payroll part. And accountants are generally very satisfied with the tool, which they can use instead of the one they usually use, and they generally adapt their prices accordingly.
Very responsive support
The other undeniable advantage of Payfit is clearly the support. The rare times I had questions related to issues specific to my business, Payfit was almost more responsive than some accountants I have worked with.
And what is incredible is that with each change in regulations, there is no risk of making a mistake because Payfit takes into account the change in regulations, and warns you that this modification will be taken into account for future payrolls.
Conclusion: The best payroll tool today
Clearly, Payfit is the most reliable solution that I have been able to find at present in order to manage my employees' pay slipsIt is a simple, modern, digital solution that saves inestimable time.
Onboarding has always been super simple for my different establishments, I have been supported at every stage, and if I have the slightest question, the support is there to enlighten me.
If you want to know more about the Payfit solution, go to their official website.
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