Salarium Launches New Enterprise-Grade Payroll Solution Software

SALARIUM, the Philippine’s leading complete end-to-end payroll solution software has just launched its latest upgrade that now employs a modular set up making it highly customizable and mobile responsive.

The company got its name from a Latin word that is used to describe “salary”, “salt”, and “soldier” – In ancient Rome, soldiers were paid usually in salt, which at the time is valued more than gold.

In 2013, Judah Z. Hirsch, who has been in the payroll outsourcing field for many years founded SALARIUM with the aim of automating the entire payroll system to remove or minimize the tedious manual process and all the risks involved in payroll generation.

According to Hirsh, the biggest impact that SALARIUM brought to the table is that it totally transformed the whole payroll process from being a dreaded activity into a more positive experience for everyone involved from the employers, the payroll officer down to the employees.

The key benefits of the software is divided into two features:

TIME AND ATTENDANCE

With SALARIUM, employees can monitor their time and attendance in real-time, and see whether they were tardy, undertime, overtime or absent. In case of errors and inconsistencies, employees can file a request for corrections directly through their timesheet.

Supervisors can then review and approve these request. This way, employees’ attendance will always be accurate before you run the payroll, saving companies hours spent on making adjustments.

PAYROLL

No more spreadsheets! SALARIUM was built to make sure that HR no longer has to allocate time for manually calculating payroll to meet deadlines.

It is designed to fit the needs of any business. Process payroll for 1,000 employees in 5 minutes, automatically deducting taxes and government contributions, while figuring in loans, reimbursements, or allowances.

The software also provides for the generation of payslips, bank disbursement instructions and filled-out government forms with just a few clicks.

OTHER FEATURES

Aside from the two key features of the software, SALARIUM has also added a few more features in the past years to make the experience even more seamless.

In 2015, SALPay App is released and has received authorization to operate from BSP the following year. SALPay partnered with Unionbank EON last year to provide users with a more refined digital finance experience.

SALPay features includes Salary Disbursements, Bills Payment, and Easy Cash Out with free unlimited withdrawals. You can also apply for loans, buy loads and monitor all transactions with the SALPay app.

SALARIUM VERSION 3.0

While Salarium already serves numerous small to medium enterprises (SMEs), the update dubbed as SALARIUM Version 3.0 is a complete overhaul that will bring a new level of enterprise-grade payroll to address the requirements of bigger businesses in the Philippines.

“We wanted to provide large Philippine enterprises with a highly customizable payroll solution that is ideal for solutions integrators,” said Salarium founder and Chief Executive Officer Judah Hirsch. “Company’s needs vary on a case-to-case basis, so we decided to shift to a modular microservices-based architecture. This makes Salarium ideal for integrating into an existing structure or system, and it allows us to create highly customizable technological solutions for our clients,” Hirsch revealed.

A highly adaptable and business-centric software

The biggest change from previous iterations is that instead of distributing the software as a single bundle of services, Salarium now offers each service as an individual module so that large businesses need not be concerned about the difficulty of integrating the software because they can choose the specific solutions that meet their needs.

Big businesses need big solutions

Version 3.0’s modular setup is a response to the demand for scalable technological solutions to process-heavy administrative tasks. As a company grows, scalability becomes essential to maintaining the quality and reliability of its services.

Salarium’s new modules introduce independent scalability. Since services are assigned specific teams to develop them individually, deployment is much quicker, and improvements are made with greater attention to detail.

A seamless user experience

Additionally, the new update has transformed Salarium into a powerful and highly customizable asset that guarantees a scalable management system, versatile timekeeping, sophisticated payroll disbursement and convenient handling of government reports.

Salarium has also completely redesigned its user interface to make it easier to access and navigate for both administrators and employees.

Take more control over security and data privacy

Potential risk is always directly proportional to company size, especially when it comes to maintaining a secure hold over sensitive information. In the case of larger businesses, the need to tighten security around the personal data of employees only increases the more people they employ.

The update takes a state-of-the-art approach that not only covers monitoring user activity and setting advanced permission controls, it also provides an extra measure of security that is inherent to its new structure.

Customer support that continues 24/7

The largest businesses in the Philippines are heavily tied-in with the global market, rendering services and providing goods to consumers all over the world. Continuous and specialized customer support that never sleeps is one of Salarium’s competitive edges. Clients can reach Salarium at any time, through various channels and with any query so that any potential disruption of service is avoided.

Salarium wants to alleviate the administrative burden brought on by repetitive tasks so that people can focus their attention on developing skills that maximize their potential. The new update further decreases the administrative burden on human resources in the Philippines, allowing HR to focus on cultivating manpower and have a higher impact on company productivity.