Intelligent SME.tech Issue 56 | Page 30

// FEATURE //

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WHETHER YOU’ RE A START-UP OR A GROWING ENTERPRISE, INVESTING IN THE RIGHT PAYROLL SOLUTION IS ONE OF THE SMARTEST MOVES ANY BUSINESS CAN MAKE.
“ For businesses with hybrid teams or employees spread across multiple locations, cloud-based systems are the way to go.
“ Employees and administrators can log in from any device to manage payroll tasks, approve requests or review reports without being tied to a specific location or device. For hybrid teams or businesses operating across time zones, this accessibility ensures smooth operations and avoids delays.
“ Additionally, cloud systems updates happen automatically, which means you’ re always running the latest version and there’ s no need to schedule downtime for manual upgrades or worry about falling behind on compliance requirements,” McAlister said.
“ A breach of payroll data can be catastrophic, consequently opt for software with advanced encryption, multi-factor authentication and compliance tools to stay on top of tax laws and labour legislation. Additionally, make sure your chosen solution not only meets current standards, but also evolves to address emerging threats,” McAlister said.
Assess usability and integration:
Even the most feature-rich software can fall short if it’ s not user-friendly. The best payroll solutions make life simpler for everyone, from HR teams to employees.
Don’ t skimp on security:
Payroll systems hold sensitive personal information, making security another critical consideration.
30 Intelligent SME. tech