How to Increase Productivity with Payroll Software
INTRODUCTION In the times when every business is trying to outshine the competition and increase its productivity, the use of contemporary technology becomes an operational necessity. Among the various tools available to achieve the organisational objectives, the Payroll Software stands out as the prime solution for managing one of the most critical tasks - The Payroll Processing . It is not a secret that the conventional methods of payroll management were tedious, prone to blunders and were time consuming, because of manual calculations, repeated data entry and many compliance issues. Revolutionizing all this, the Payroll Software came into being around the early 80s.’ and transformed the way organisations managed the employee compensation, tax and labour law compliances and employee benefit administration. It also automated workflows, ensuring accuracy, on time payments and largely reduced the administrative burdens as well, leaving lots of free time at the disposal of HR and F...