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Payroll


How an HRMS helps manage employees

Do you use a human resource management system (HRMS)? If not, perhaps you’re wondering whether the benefits are worth the costs. What are the reasons to use an HRMS? What is an HRMS? First, let’s start by outlining what an HRMS is. It is integrated system providing information used by HR management in decision-making. It allows a company to keep track of all of its employees and information about them—whatever information the company chooses to store there, such as employee demographics, benefits tracking, and performance information. It is usually created in a database......

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Mobile Friendly Payroll Services for Efficient Businesses

Accounting industry is going through disruption. Over the past couple of years, accounting related services were lagging behind when compared on a scale of how much they were adopting new technologies. Even some large and medium sized organizations practiced manual and paper based approaches to perform accounting tasks. At most they were using excel spreadsheets to keep all the accounting related information centralized at some office location and inside some specific devices. So, this created some accessibility issues and didn’t provide necessary real-time visibility to all the accounting stakeholders. As mobile phones are......

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Manual Vs Automated Payroll Management: Which is better and why?

For every organization to function smoothly managing the accounts and maintaining employee attendance is a crucial job done mostly by the Human Resource Department. In this, the management calculates the payroll accurately and by complying with the taxing authority. It ensures the financial stability of the company as well as impacts employee morale. Hence, every company must conduct their payroll management in a standardized and centralized manner. Based on this, the company makes the salary paid to its employees. Any typical checklist for payroll includes you also to maintain the following consolidated documents – Up-to-date......

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