As payroll teams have to navigate new regulations and statutory requirements, payroll software is more important than ever to keep payroll compliant. If your software isn’t keeping up with your business, or if you’re using spreadsheets and manual processes to manage your payroll, it’s time to look for another solution. There are many payroll software options on the market, but here is what to look for when it comes to payroll technology:
Using cloud-based software is more important now than ever, with many teams managing employee payroll from remote offices. Automating your payroll, filing directly with HMRC, and having real-time access to custom payroll reporting are just a few benefits of cloud-based payroll technology. Another benefit are tools for employees – self-service portals to change personal and banking details without having to submit changes to the payroll team which saves countless hours.
Your payroll software should include customised reporting features for your team. Being able to view payroll costs in real-time helps your payroll team spot errors, identify potential fraud, and ensure compliance with statutory regulations. If your payroll software can’t provide custom reporting, your payroll accuracy is at risk.
CIPP-Certified Service Team:
What happens when a payroll or compliance question comes up? Do you have access to a team of experts to help you? Look for a payroll software that provides dedicated service for your business so you can get questions answered quickly, ensure compliance, and stay ahead of upcoming regulation changes that affect payroll and compliance.
If you are looking for new payroll software, make sure you have technology that can scale with your business, customised reporting features, and dedicated service when you need it. Your team can manage employee payroll easier and more efficiently with cloud-based tools and resources. Talk to us today about simplifying your payroll with our cloud-based technology, customised reporting, and a CIPP-certified team. Click here to learn more
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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.