Products

To be released on 1 March 2014

Product industry focus: SME's across the board

PayCloud, an online cloud application, is a user-friendly payroll system that is Windows compatible.

This software solution was created to assist small to medium business owners, who have a number of staff and are spending far too much time trying to sort out pay slips or, paying more than they can afford for 3rd party professionals to do the job.

PayCloud history and demand

Tilda Technologies was in need of an in-house app to take care of payroll so, this payroll software solution was developed to:-

• Easily capture employee information,
• Accurately calculate the entire company's payroll through the click of a button,
• Automatically compute all deductions according to SARS regulations,
• Take into account leave and holidays,
• Print pay slips and payroll reports.

This online application set-up is easily accessed and simply achieved, as are all updates and support solutions, making this product maintenance and trouble-free.

The core purpose of this application is to:-

• Offer secure logins,
• Assign multiple permission-based roles,
• Support predetermined employees and salaries lists,
• Update and maintain:-
  • Salaries,
  • Leave (taken, accrued and available),
  • A customizable calendar that allows a company to declare certain days as public, company or religious holidays.
• Automatically calculates:-
  • UIF and PAYE,
  • Up-to-date and accurate tax tables directly from SARS,
  • Salary extras such as petrol, bonuses and any other deductions like fines and so on,
  • Monthly salary payments.
• Track History as well as provide printed salary slips and reports,
• Provide remote accessibility – PayCloud can be accessed from any computer at any location using cloud technology.

The chief advantages of PayCloud are that it:-

• Eliminates compatibility problems as no software installation is required, instead a simple online registration process is used.
• Is easily accessed - as an online application it can be accessed from anywhere, as long as there is an internet connection.
• Is maintenance free - as an online application all updates and support solutions are managed by Tilda technicians.
• Decreases human error by automatically executing consistent and accurate calculations.
• Provides easy usability - no maths or accounting experience is required.
• Promotes management control through role-based permissions and customized reports.
• Saves time by quickly identifying the workload accomplished for billing purposes.
• Saves money by eliminating the cost for a dedicated payroll employee or 3rd party professional.
• Reduces paper usage and waste due to the external cloud storage and backup facilities.
• Offers the freedom of choice to customize the appearance of the app to suit your company image.

PayCloud price structures (per user bracket)

The payroll structures below include all the given features of the product.

Structure 1 = 1 to 10 users

Structure 2 = 11 to 50 users

Structure 3 = 51 to 100 users