What is Payroll Software?

Payroll software is an on-premises or cloud-based solution that manages, maintains, and automates payments to employees.

Robust, integrated, and properly configured payroll software can help organizations of all sizes maintain compliance with tax laws and other financial regulations, and reduce costs.

What Is The Best Payroll Software In South Africa

Oracle Payroll

Oracle’s payroll software provides businesses of any size with a flexible solution that can be configured to a business’s specific needs.

The payroll software is integrated into its Fusion Cloud Human Capital Management suite.

While the software is localized in thirteen countries, South Africa is omitted. However, the software still offers payroll laws and tax regulation compliance in the country.

Oracle says its payroll software provides financial flexibility for employees with its Anytime Pay feature. The payment option allows employees to access earned wages when they need it instead of waiting for payday.

Xero

Xero is a cloud accounting software solution aimed at businesses of various sizes and boasts a subscriber base of over 3.5 million companies, accountants, and bookkeepers.

The company’s payroll solution offers several benefits for South African businesses, including simple online pay runs, payments into employee bank accounts, and the ability to integrate third-party apps.

It offers three subscription tiers — Starter, Standard, and Premium — ranging from R396.75 to R868.25 per month.

Xero’s Starter plan allows subscribers to load a maximum of five bills and send 20 invoices per month.

Customers can opt to add features like expense claims, project tracking, and advanced analytics for an added monthly fee.

Sage Pastel Payroll

Sage Pastel — the company’s cloud payroll and HR software —  is suitable for small and medium businesses in South Africa. It offers a range of solutions depending on your company’s needs.

Its features include:

  • Payroll automation
  • Full email and telephonic support
  • Customization
  • Flexibility — with single-user options for startups and small businesses, and a fully scalable solution for medium companies
  • The Sage Pastel Payroll app

Sage Pastel Payroll is statutory compliant in several African countries, including Botswana, Kenya, Malawi, Mozambique, Namibia, Nigeria, South Africa, and Zimbabwe.

How do I do payroll in South Africa?

Registration, reporting, and payments can all be made online via defiling. Once registered, the following reporting (and payment) is required, Monthly – by the 7th of each month a completed EMP201 form and payment of PAYE, UIF, and SDL must be submitted.

How much does payroll pay in South Africa?

The average payroll salary in South Africa is R 259 396 per year or R 133 per hour. Entry-level positions start at R 180 000 per year, while most experienced workers make up to R 2 785 962 per year.