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.
- Topic:
- Payroll
Getting payroll right is one of the most important HR priorities for any company. Doing so ensures that employees are paid correctly and on time, which is critical to maintaining their satisfaction. However, payroll is often complex, presenting many challenges for HR professionals.
In this article, we’ll look at five of the most significant challenges and provide practical advice to overcome them.
- Topic:
- Payroll
Payroll management is a challenging process. Not only must payroll professionals ensure their employees are paid on time and accurately, they must also keep up with ever-changing government legislation to ensure payroll compliance.
These payroll challenges are made even harder when using outdated, on-premise payroll software that’s slow, overly complex, and difficult to access remotely. It can lead to payment errors that place a strain on employee-employer relationships, and burden payroll professionals with extra duties.
Let’s look at some of the common problems payroll professionals and their businesses encounter with on-premise software, and the key benefits of moving to a cloud-hosted solution.
- Topic:
- Payroll
