In recent years, there has been a tremendous shift in payroll processes with the adoption of automated, web-based solutions, to realize efficiencies and improve an organization’s payroll functions, while saving time and expense. Effective automated payroll software can be seamlessly integrated into a company’s time-keeping, performance reporting and other HR systems to track employee development, reports, and remuneration.
Cloud has been a key tool in simplifying the payroll process and making it easier for companies to securely manage their data, providing a new level of visibility into their payroll operations and costs. High-level HR analytics can also be effortlessly performed, aiding organizations to make strategic human resources decisions around talent management, retention, training, compensation management, and performance appraisal. Additionally, easy-to-use and intuitive applications can help foster a healthy relationship between the workforce and the HR administration, allowing employees to file expense reports and leave applications, change personal details, and access their payslips from anywhere. Moreover, employers can also access important information such as employees’ working hours, tax, and payroll history at the touch of a finger.
With a multitude of vendors offering payroll solutions critical to the needs of organizations, it can be quite arduous for CIOs to choose the right solution that best fits their enterprise. To help CIOs in selecting the right payroll software, HR Tech Outlook’s distinguished panel comprised of CEOs, CIOs, VCs, industry analysts, and the editorial board has narrowed down to the final 10 Payroll Software Solution Providers that are redefining the payroll domain.
We present to you HR Tech Outlook’s Top 10 Payroll Solution Providers 2017.