It is well known that the management of the payroll is also viewed by the HR department as a bane. The almost endless list of challenges a in-house payroll department faces takes up precious time which other core HR tasks will expend.
List of problems an In-house payroll department would face:
1. Administrative burden
In-house payroll processes are typically manually done. This is an inefficient method as it’s susceptible to human error. Due to a great deal of paperwork, this imposes a huge (avoidable) burden on your HR staff.
2. Organizational issues
Linked to the administrative burden, there exists the problem of maintaining payroll, employee records and other vital information in an efficient and easy-to-access manner. This is heavily dependent on the usage of paper which in the digital age, is deemed archaic.
3. Incompatible software
Not all software is compliant with payroll. For example, you can manage various functions using multiple software (employee profiles, payroll, etc.). These different software are not incorporated and thus take more time.
4. Tracking employee absence
Keeping a constant tab on your employees’ whereabouts is a daunting task, laced with inevitable faults. Paper time cards and even many digital time sheets are notoriously prone to misuse and unintended error which result in inaccurate payroll…read more
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