Our Blog
All the latest Payroll, HR and Time management industry news, keeping you up to date with policy changes and all things PayEscape.
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HR Compliance and Data
Human Resources compliance is becoming more difficult each year. With new employment regulations, data protection laws and requirements, managing employee data is as important today as protecting customer data. Beginning with recruiting and on-boarding to payroll and performance management, there is so much data collected from employees - how can HR keep track and maintain all of this data?
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Hidden Costs of Non-Compliance
Every business has to implement and maintain compliance measures across the organisation. Employers have requirements and obligations for reporting to tax and compliance authorities each year as well. Failure to ensure compliance can result in steep fines and penalties.
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Integrating Systems to Improve Operations
Workforce management is at the heart of your operations - payroll, HR admin, time and attendance – they all play a role in managing your employees. Unfortunately, most companies do not have integrated tools and technology to manage their employee data. Since payroll, HR, and time management software uses the same data, integrating those technologies can be an important factor in improving company operations.
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Why is Integration Important?
When a company is getting started, the first software usually purchased is for accounting and billing purposes. Once the company starts to grow and the number of employees increases, there are usually more software purchases like payroll or time and attendance solutions.
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Improving HR Efficiencies
Human Resources is responsible for all phases of the employee lifecycle but is also keeping teams motivated, managing appraisals and handling the day-to-day business administration. Making improvements to processes and documentation may seem like an arduous task when your team is already busy but improving efficiencies can help simplify HR admin in the long run.
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Top Tips When Reviewing HR, Payroll and Time Management Software
Have you been tasked with researching the market for new solutions in HR, Payroll and/or Time Management? Does it feel like you’re scratching your head and wondering where to start?
Here are the questions you need to be asking.
Need help to understand what solution is best for your business?
Speak with our expert team today on 028 2764 1060
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Payescape Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 (register number 821826) for the provision of payment services.