Managing operations and payroll in any organisation is challenging. When your systems or your processes are not automated, it can create new challenges for your team. Using manual processes for payroll is one of the biggest mistakes companies make when managing payroll. The less automated your payroll is, the more likely it is to have errors. Over time, a small error can lead to compliance penalties and employee issues.
Technology has made huge improvements for payroll teams. With cloud-based software and employee self-service portals, payroll teams can spend less time on payroll and ensure compliance for their organisation. If you are searching for a new solution to help your team, look for software that can manage employee data and integrate with company systems to reduce duplicate processes, file directly with HMRC, provide auto-enrolment capabilities, and give employees access to their personal data.
Reporting is a key factor for payroll teams – without real-time payroll data, it’s difficult to ensure compliance and provide updates to leadership. Access to view payroll in real-time gives your team the ability to manage payroll costs, identify errors, and prevent compliance mistakes. Your payroll technology should provide customised reporting each month within the system to keep your payroll on track and in compliance with regulations.
Using the right software to simplify your payroll will reduce manual processes, ensure compliance, and eliminate risk for the organisation. Learn more about how integrated payroll, HR, and time management tools can make it easier for your team and optimise operations for your organisation. Talk to our team about simplifying payroll and compliance with automated updates, direct filing with HMRC, and a CIPP-certified team to help when questions come up. Click here to get started
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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.