Posts tagged payroll basics

Top 5 things to consider with any Payroll System

Having a payroll system of any type is not enough. A typical payroll system may fit well with your budget and complete most of your payroll tasks. Most of the organizations having payroll system or planning to purchase the same may be faced with certain issues like compatibility, security, etc… On the basis of above concerns, below is list of 5 most important things to be considered while choosing a payroll system for any organization - Security No doubt, security is the single biggest con... Read More

Using Payroll Software for Payroll Process Management

In our previous two postings, we had come to know about payroll basics and payroll services. We had explored it all in detail. Moving ahead with the same series, today we are going to discuss about Payroll Software. I am sure most of us are aware of the same. Today we will see what exactly is a payroll software and is it a better choice in comparison to outsourced payroll services. A payroll software is a standalone application or a system integrated with any HRMS application where payroll calcu... Read More

Using Payroll Services to Manage Payroll Process

In our last post, we had seen what a payroll is and why organizations go for the same. We had covered all basics related to the same. In this post today, we will be knowing the basics of an outsourced payroll service. An outsourced payroll service is one of the types of payroll system used by businesses to handle payroll responsibilities. To say it simply, A payroll service is an outside company that specialĀ­izes in every aspect of the payroll process. Instead of managing it all oneself with a... Read More

Knowing Payroll basics in an organization

Of all the organizational activities being carried out in an organization, managing payroll looks to be a highly complicated thing. To put it simply, Payroll is a process by which an employee is paid by an employer for the work he/she carries out in a company or an organization. Payroll is not required if you have your own business without any employee. But once you have your own employees as your business grows, you have to make sure that your employees are paid on time and the correct amount.... Read More

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