Payroll may not be the biggest department in your organisation, but it is one of the most important. A slip-up when it comes to paying your people can not only lead to internal revolt, it can leave your business exposed to serious forms of legal action. It’s funny how employees view the payroll department. It’s as if money ‘magically’ appears in their bank account at the end of each month — yet behind the scenes so much goes into ensuring every pay packet has been meticulously calculated. In recent years life has become harder for payroll teams thanks to changes in legislation and the growing trend towards ever more flexible forms of employment. Despite this complexity, payroll software providers have been working hard to make payroll less of a frantic and stressful experience each month.
More and more organisations have been switching to a cloud based payroll solution. In fact they’ve been taking nearly all their software to the cloud. In simple terms, cloud based software is provided ‘as a service’ with all the processing power happening securely in off-site data-centres. You could compare these places to a nuclear bunker. The average datacenter has sophisticated physical and electronic security; far greater than the average business can provide within its own premises. Using software in the cloud means you don’t need an internal IT department and typically won’t need your own on-site IT server room. When you get stuck, you have an on-demand support team to turn to for help. Cloud based payroll software doesn’t just replicate your current processes online — it makes your team’s life easier and more productive.