Companies have traditionally maintained HR and payroll as separate functions in their organizational charts. But increasingly, they are looking to integrate these systems, not only to achieve potential cost savings but also to improve efficiency and reduce administrative burden.
HR and payroll professionals spend much time and energy on routine administrative tasks. Disintegrated systems limit the opportunity for them to focus on more productive tasks such as streamlining the recruitment process or enhancing payroll operations.
By integrating payroll and HR, your staff can easily enter information, everything from staff reviews and benefits data to mandatory payroll and tax forms, once, into a single interface. It eliminates the need for routine collection and inputting of employee data into multiple systems.
When HR and payroll data is available via a single interface, employee self-service becomes more efficient. Employees can quickly access information about time off, benefits, tax deductions, and so on. It also improves employee satisfaction and provides the ability to resolve simple issues by themselves.
The integrated (payroll and HR) system enables your employees to access the applicable data via the same database. When HR and payroll share the same employee database, information entered by HR will be automatically updated in payroll.
The integration makes your data entry process more efficient and accurate. Sensitive employee information such as remuneration, social security numbers, and others is less likely to be breached as such information can be integrated into a secure online platform.
Organizations certainly depend on having accurate and detailed information about their human resources. With HR software that manages both HR and payroll, your HR managers can gain a better understanding of how employee performance, compensation, and benefits fit into the long-term strategy for business growth.
