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Payroll

Payroll Blog Articles

Covid-19 has made having remote working arrangements a common practice for many businesses. Some might even say the norm. Many businesses have been compelled to accelerate their digital transformation to survive and thrive in this new normal. And a feature of this push is the migration from on-premise solutions to cloud-based solutions.

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Organisations are well aware that efficient payroll management is crucial to the smooth running of the business. Every HR department is expected to maintain accurate records of all employees, and to ensure that they are paid on time, every time and in full. However, with a plethora of solutions available such as out-of-the-box payroll software and payroll outsourcing services, they may not know which works better for their business.

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Jaclyn Lai

Channel Marketing Manager

Payroll processing is an important aspect of business management. Processes which are too arduous, complex and prone to error place an unnecessary burden on HR personnel. It means they run the risk of failing compliance checks and harming the relationship between employer and employee.

An in-house payroll system which is carried out manually is not only time consuming, but also increases the risk of human error due to the large amount of paperwork. It poses an administrative burden on HR employees, who could better utilise their time with such initiatives as staff re-training and development.

On top of all this, HR personnel are also required to keep abreast of the latest government legislation pertaining to HR management. They must ensure their business doesn’t run into any issues during compliance audits and are treating their employees fairly.

So how can HR personnel enhance their current workflow more productively? 

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