maanantai 27. toukokuuta 2013

What Is Payroll Automation?



Payroll management [1] consists of several stages and procedures for which the employer is legally responsible. Payroll Automation can be accomplished using software that manages the payroll workflows and automates payroll calculations including complex labor agreement and tax rules.

Payroll automation saves time and money and reduces mistakes, as information that is required to calculate and pay wages does not need to be manually copied between different systems several times over or moved from place to place.

Payroll software can be installed on the hard drive of a computer, or can be a browser-based, online cloud service that requires no installation or user maintenance.

For IT resourcing, you would ofcourse like to have also an integrated automated billing solution together with automated payroll processing.


Photo courtesy of Mikko Nieminen
 
[1] http://en.wikipedia.org/wiki/Payroll_automation