What to look for when selecting the right payroll solution for your company

Paying your staff in full and on time is vital if you want to keep your team happy and comply with the law. The process of this is called payroll and is well-understood to be a relatively complicated process if performed manually. However, thanks to modern technology and an absolute plethora of SaaS solutions, getting payroll done correctly is no longer a high-stakes chore that encumbers your accounting team at the end of every month. Nevertheless, with this choice comes the potential to invest resources into a system that is unable to integrate adequately with your existing workflow. We will offer a few pointers to help you select a payroll solution that meets your requirements and will perform the job you need it to sans any of the usual teething issues.

Assess your company’s unique payroll needs

Before you jump right into it, you need to take some time to assess how your company works and what it needs from any new software you will invest in. Although you will already have a pretty good understanding of what’s involved, it’s worth gathering your accounting team and managers together and discussing what they need and some existing sticking points that any options you choose ought to cover. Moreover, according to this website, in the UK, if you hire contractors that fall inside IR35 regulations, you will need to consider how this might affect any solution you choose. Once you have a better understanding of what you want to gain from a payroll solution, you can benign your search and discuss your requirements with the sales representatives of various companies.

Evaluate the user-friendliness of the software interface

It doesn’t matter if you will be performing all payroll duties by yourself or palming it all off to your accountants like any good manager worth their salt ought to; the software you end up with really must be user-friendly. Nobody has time to learn the ins and outs of a highly complex software solution while they have myriad other tasks to perform throughout the day. Therefore, it’s worthwhile to request a trial run of various options so that you can give them a test run and see how easy or difficult they are to operate. 

Check customer support And documentation

If things can go wrong, they inevitably will. While this is an undoubtedly pessimistic view of chance, we’ve all been in situations when we have spent a fortune on something only to find that it simply won’t work as advertised. That’s bad enough, but if you are unable to contact support promptly, you can seriously disrupt operations and cause all kinds of headaches. Instead, look for payroll SaaS businesses that value their customers and make it a priority to provide a range of assistance, from live chat to a deep well of documentation that you can sift through when you need to troubleshoot an issue.

Payroll is a necessary task for most businesses that hire staff. While it can be tricky, finding the right software can prove to be a tremendous boon to productivity and overall company efficiency.

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