![]() ![]() ![]() With an automated payroll system, your data is encrypted, so no one (besides you and your team) can easily access it. Paperwork and spreadsheets aren’t very secure places to keep important payroll data. And that’s just one example-think about the time savings for your business if you automated timesheet tracking, tax management, or forecasting budgets! 3. "Payroll now takes 20 minutes compared to four days," he explains. For example, HR Program Manager Josh Franklin found that using an all-in-one HR system with payroll cut processing time by 90%. Save TimeĪutomating some of the many tasks that fill a payroll employee’s plate can save a significant amount of time. And if you aren’t manually entering data, there’s no risk of mistyping a number or copying something over incorrectly. Just like calculators are a bit better at math than our human brains, payroll software is better at calculating the correct deductions, overtime pay, PTO, and commissions that affect an employee’s pay. Plus, it may only take one or two errors for someone to lose trust in their organization and begin looking for a more reliable job. More than half of American workers live paycheck to paycheck, so payroll mistakes can cost you and your employees. Reduce ErrorsĪ person’s pay isn’t something you want to mess up. Let’s dig into some of the specific benefits of using payroll software to streamline HR processes. What Are the Benefits of Using Payroll Software?Īutomating your payroll process doesn't just make things easier. If you’re questioning whether your expensive payroll software is worth the cost or asking yourself if it’s time for your organization to get automated, explore the many advantages of an automated payroll system. Employee tax form filing and distributionĪn automated payroll system can’t do everything for you, but it can help-a lot.Employee pay stub and check distribution.Here's a breakdown of everything a payroll manager is in charge of (excluding all the other duties beyond payroll): Payroll may also fall to an executive assistant or office personnel, so managers can spend time on other tasks. Many have other responsibilities, like recruiting and hiring, employee relations, training and development, and benefits management. Payroll managers don’t have endless time to crunch numbers and manage spreadsheets. It can save time and effort on headache-inducing duties like filing taxes, processing direct deposits, generating reports, and calculating withholdings. Payroll software automates routine processes, so paying your employees feels simpler each pay period. Get the Checklist What Is Payroll Automation? ![]()
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