Whether it be part of the HR or Finance department, Payroll is a vital part of all businesses. Payroll is not only responsible for employees’ salaries, but it also plays a pivotal role in protecting the company’s reputation by ensuring compliance with various legislative issues. Payroll affects every aspect of the organization, from the reputation of the company right down to the morale of its employees. When selecting a new Payroll solution it is key that HR and Payroll systems are integrated to streamline the process, reduce the complexity and enable HR and Payroll to concentrate on their strategic objectives.
It is essential that Payroll is approached in a very methodical and efficient manner to ensure that it is as accurate and automated as possible. This paper discusses the best practice approach to Payroll, whether this is done in-house or outsourced to a third-party Payroll organization when implementing a new Cloud Payroll solution.
