Payroll Process: In-house vs Outsourcing Payroll
Payroll management is a core component of running a successful business. It refers to the process of remunerating the workforce for a pre-defined period of time. It includes an employee’s data and information like salary details, attendance & leaves, position, etc, to name a few A reliable and efficient payroll management system compliments the overall […]
Top 9 Payroll Software in Saudi Arabia
The way organizations manage their workforces and HRM and payroll operations is changing due to the ever-changing business landscape and the convergence of technology and workforce management. Payroll solutions that are accurate, timely, and efficient are becoming increasingly important as businesses grow in Saudi Arabia. When payroll time arrives, do you get sick of getting […]
What is CTC in salary? A Detailed Guide
Each day, someone new is entering the corporate sector as a professional. Depending on their skills, job roles, profile, and position, everyone is drawing different amounts of remuneration too. However, if they’re asked what all components make up their salary, they’d most probably give off puzzled looks. To wipe off those doubts and questions from […]
How Is Integration Shaping The Future Of Payroll?
Isn’t it great that technological advancement these days has made a significant impact on both the employees and employers leading to great benefits of integrated payroll for the organization? Technological advancements have improved various business functions related to HR, Finance, sales, and other functions. Digital transformation in recent times has extended to the payroll software. […]
Payroll Checklists & Reconciliation Tools: Step-By-Step Guide To Process Payroll
It’s that time of the month again. To dive deep into the payroll register and double-check, every little detail which relates to payroll reconciliation.☹️ It is important for an organization to process the payroll on time and without any errors. Doing so will develop trust among the employees and the organization.? Payroll reconciliation is mundane […]
Make Your Payroll Process More Efficient With These Tips
Paying employees on time is crucial. Untimely or incorrect payments can hamper employee motivation and make them lose trust in their organisation. As an HR manager, you carry the vital responsibility of making sure everyone is paid on time and correctly. A single mistake can put employee’s trust and the company’s reputation at stake. Payroll […]
What signifies an efficient Payroll and Expense Management System?
Discussing the efficiency of the payroll and expense management system, we must first understand what it actually means. Payroll management is the process by which a company’s workforce’ financial records are managed and maintained. These include details on employee’s salary, incentives, deductions, bonus, and net pay. The system used by a business to process, pay […]
Attendance Management System and its Role in the Payroll Department
What is the Attendance Management System? Fitting into a rapidly evolving world is the very first instinct of survival. One must stay up-to-date to avoid falling behind and missing out on all the opportunities out there. As valid as it is for survival, your business also needs to keep moving with what is new in […]
The Role of HR in Payroll Management
The role of HR in an organization is much defined but what about its role in payroll management? The first thought that comes to our mind when we think about payroll management in an organization is a finance specialist but what if I tell you that HR has more to contribute to what a finance specialist […]
Reasons to Shift your Payroll Operations to Cloud Payroll Software
What is Payroll? Payroll is nothing but a list of employees who get paid by the company. It refers to the total salary a company’s employer pays to its employees based on employee’s information like hours worked, time off, leaves taken, etc. It may also be referred to as a company or a department that […]