Importance of Automated Payroll System in an Organisation

DeLyde Associates - Importance of Automated Payroll System in an Organisation

08 Sep, 2016 11:31 AM

Automated Payroll management system is a vital part of an organisation. The payroll department is not only responsible for employees’ salaries but also play a vibrant role in protecting the company’s reputation, by ensuring compliance with various legislations.

Below are the importance of having an automated payroll system:

• Assurance of Employees
Employees need to feel assured that they can be paid on a consistent and timely basis by the company. A late and inaccurate payroll might cause employees to question the financial stability of the organisation. This might compromise on the work environment within the organisation, resulting in underperformance and ignorant behaviour towards the organisation.

• Compensation Package
Automated Payroll allows an employee to feel his net worth within the organisation. Payroll is not limited to the salary of an employee but also the bonuses and benefits. Based on annual performance evaluations, employees are typically rewarded with a salary increase or bonus, or ideally, both. This, in turn, might boost an employee’s performance, translating to a positive effect on the organisation.

• Uphold Company’s Reputation
The Automated payroll system ensures that the activities of an organisation adhere to the country's obligations and compliance. The efficiency of meeting tax obligations on time and upholding of legislative laws can further establish the organisation's reputation as a stable employer.

• Re-allocation of Resources
With all the paperwork and excel calculations that come synonymously with payroll, it can be an extremely time-consuming and manual job. Having an automated payroll system can help your organisation have accurate, precise and up-to-date payroll calculations.

A poor Payroll will affect every aspect of the organisation, from the reputation of the company right down to the morale of its employees. So come to Delyde Associates for professional Automated Payroll System.

To get in touch with us call us on +254733606747 or Visit us at Geomaps Centre, 4th Flr, Off Elgon Rd, Upper Hill Nairobi.

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