Should I still use Excel for payroll if I have 50 employees?
Excel can work for a small payroll, but once a business has around 50 employees, payroll usually becomes more repetitive and harder to manage manually. TimelessHR can automate PAYE, NSSA, ZIMDEF and NEC calculations, support USD and ZiG payroll, generate payslips and prepare TaRMS upload-ready files.
Businesses with 50 employees may need to manage:
- Multiple allowances
- Overtime
- Deductions
- Loans
- PAYE
- NSSA
- Leave and attendance information
- Payslips
- Payroll reports
At that point, manually maintaining formulas and payroll spreadsheets can take more time each month.
TimelessHR allows businesses to import employee information from Excel and move into a more automated payroll workflow.