Top Tech Trends in Payroll
Like any business best practice, payroll management is constantly evolving which means that organisations need to keep up to date with the latest changes and modifications in real time. The chances are high that, in your company’s payroll evolution, you graduated from excel spreadsheets to generic accounting software that dots all of your i’s and crosses your t’s but is lacking in providing a more personalised solution for your business.
If you’re looking to improve your payroll system, take a look at the following top tech trends to look out for:
Like most business practices, payroll has moved to the cloud which means that data is now stored on a remote server instead of onsite. Not only does this make life easier in terms of freeing up space in your offices – goodbye filing cabinets and mounds of paper – but it also eliminates the risk of data theft or leaking when hosted on an internal server. This means that, an organisation with internet connection, will be able to invest in cloud computing software.
Access on Smart Devices
Gone are the days where employees can only access their payroll information from their laptops or computers. Today, we’re looking at accessing payroll information from smart devices such as tablets, smart watches, and cell phones. However, for this to happen, businesses need to invest in payroll software that comes with a downloadable app that employees can use to view their documents. Not only does this allow employees quick access to their confidential information, but it also eliminates the middle man when it comes to troubleshooting.
One of the most prolific tech trends in payroll is integration to ensure that all HR processes happen in one space. Not only does this prevent errors, but it also ensures that HR practitioners are able to do their jobs accurately and efficiently.
If you are looking for a one-stop-solution for your payroll, you may want to consider fully-integrated Payroll & HR software that will allow you to move forward. A Payroll & HR system will assist in simplifying HR processes, ensuring that payroll is accurate, efficient, and pain-free.
Are you looking for a provider for Payroll & HR software? Be sure to view our range of solutions.