Payback

Payback Payroll Software is a comprehensive solution designed to streamline and automate payroll processing for businesses of all sizes. According to the vendor, this software provides the necessary tools and features to efficiently manage payroll. It is widely used by professionals in human resources, payroll administration, finance, and accounting across various industries.

Key Features

Unlimited Companies: According to the vendor, Payback enables users to set up an unlimited number of companies, making it suitable for businesses with multiple entities or subsidiaries.

User-Friendly Interface: Payback Payroll Software is designed with a familiar and intuitive layout, allowing users to easily navigate and organize payroll data. The vendor claims that the software provides hints and prompts to guide users through the payroll processing steps.

Versatile for All Business Types: The vendor states that Payback Payroll Software caters to businesses of all types and sizes in Ireland and the UK. It is utilized by payroll bureaux, start-ups, SMEs, and large companies. The vendor also offers a UK version specifically tailored for businesses expanding into the UK market.

Cost-Effective Solution: According to the vendor, Payback offers a fixed-price solution that includes unlimited employees, companies, and users. Updates, registration code re-issuance, and installation on new computers are provided at no additional cost. The vendor also asserts that there is no need to purchase payslips or other stationery. Multi-year licenses are available, providing flexibility and potential cost savings.

Historical Data Processing: Payback allows users to access and process past payments without the need for old backups or separate software versions. According to the vendor, users can select prior years (from 2004 onwards) to view or process historical payments.

Expense Tracking and Allocation: Users can assign cost centers to individual elements and allocate employees to different departments, facilitating accurate expense tracking and fund allocation to specific areas.

Comprehensive Reporting: Payback Payroll Software offers a wide range of customizable reports, including Gross to Net, Control Summary, Expenses, and statutory reports such as P30, P45, and P35. These reports provide valuable insights into payroll data, according to the vendor.