What are the Most Important Features of Cloud-based Payroll Software?
Before the onset of any payroll software, pay calculation and preparation of payslips, reports and tracking pay updates were all done manually. Spreadsheets offered some convenience until the launch of payroll software, which automated the process of paying employees. Companies build these software solutions to track and store information essential to ensure proper payroll management.
With today's workforce being ever so diversified and decentralized, payroll services have become just as much challenging and complex. Most companies today - big and small - use cloud-based payroll software for their HR and payroll needs. Cloud payroll systems play an integral role in human resource transformation by automating complex and time-consuming processes and freeing up the valuable time of HR managers.
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