Blogs Archives - Page 2 of 4 - CentralHR | Fully Integrated HR Solutions

June 27, 2024

E-Invoicing for Employment Claims and Reimbursement: Guidelines and Implementation

Employment Perquisites and Benefits An individual under a contract of service (i.e., employment) may receive various benefits from their employer. These benefits can be in cash or in kind and are typically provided to enhance the employee’s job performance and satisfaction. Common examples of such benefits include: Currently, employees must submit their expense claims to their employers, supported by appropriate […]

June 27, 2024

What Is the Core Purpose of the HRMS?

Human Resource Management Systems (HRMS) have become necessary tools for organizations aiming to streamline their HR processes. These systems are designed to integrate and manage various HR functions through a centralized platform, which in turn, improves efficiency and accuracy. This article explores what HRMS software is, why companies choose to implement it, and discusses the core purpose of HRMS in […]

June 27, 2024

Why SMEs Should Adopt HR System Software

Small and medium-sized enterprises (SMEs) often face unique challenges in managing their human resources. As businesses grow, the complexity of handling HR tasks increases, making it important to implement efficient systems. Adopting HR system software can significantly benefit SMEs in various ways, from improving communication to enhancing data accuracy and compliance. In this article, we explore the key reasons why […]

May 23, 2024

Payroll Outsourcing with CentralHR: Streamline Your Business Operations

Introduction Payroll processing is a critical function for any business, yet it often presents numerous challenges. From keeping up with regulatory changes to ensuring timely and accurate payments, the complexities can be overwhelming. CentralHR’s payroll outsourcing service offers a comprehensive solution to these challenges, allowing businesses to focus on their core operations. Biggest Challenges in Payroll Processing Businesses face several […]

May 7, 2024

Income Tax Department Announcement: Transition to e-PCB Plus System

The Inland Revenue Board of Malaysia (LHDN) has officially announced the launch of the e-PCB PLUS System, which will replace the current e-PCB, e-CP39, and e-Data PCB systems. This new unified platform, accessible via the MyTax portal, aims to streamline the management of Monthly Tax Deduction (PCB) processes. Overview of e-PCB Plus System The new e-PCB Plus System integrates all […]

March 19, 2024

Personal Tax Relief for YA 2023 in Malaysia: An Employee’s Guide

As we move into the Year of Assessment (YA) 2023, understanding Malaysia’s personal tax relief measures becomes crucial for employees aiming to optimize their tax filings and reduce their tax burden. The Malaysian government has introduced various tax relief measures to support individuals and families, incentivize savings, and promote specific economic activities. This guide provides a detailed overview of the […]

January 17, 2024

What is HR System Management?

Human Resources (HR) System Management refers to the use of software solutions to manage and automate various HR processes within an organization. This includes tasks related to recruitment, employee data management, payroll, performance evaluation, and more. Efficient HR system management can significantly enhance the productivity and accuracy of HR departments, leading to better overall organizational performance. Key Components of HR […]

January 17, 2024

What is the Difference Between HR and Payroll Software

Managing a company’s workforce has become significantly more efficient thanks to advancements in software technology. Two essential tools that businesses often rely on are HR software and payroll software. Although these terms are sometimes used interchangeably, they serve distinct functions within an organization. This article will explore the key differences between HR software and payroll software, emphasizing their unique roles […]

January 17, 2024

Integrating HR Software with Other Business Tools: Best Practices

In the rapidly evolving business environment, integrating HR software with other business tools has become necessary. This seamless integration not only streamlines operations but also enhances productivity and decision-making capabilities. As businesses in Malaysia and globally adopt digital transformation, understanding the best practices for integrating HR software with other tools is a must. Importance of Integration Integration of HR software […]

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