Save up to 50% with payroll integration
Payroll integration using Platinum Enterprise workforce management software can save up to 50% on payroll process time. This article explores ways in which upgrading your clocking systems can make life easier for your Payroll Manager.
The role of a Payroll Manager is straightforward. They are responsible for ensuring that employee’s salaries are credited with the appropriate amount of money on the right date at the right time, but delving deeper it’s easy to spot the difficulties this person may face at their job. They must be trustworthy and have a keen eye for detail to ensure they accomplish their end-to-end tasks with precision. Their role is busy and varied and requiring lots of multi-tasking throughout the month, not just in the lead up to payday.
Traditionally Payroll Managers spend a large proportion of their time undertaking administrative work. Today more and more of these professionals are also under pressure to focus on transformational work to deliver results. Companies are addressing this expectation by introducing new advanced time and attendance systems with features that reduce time spent on laborious tasks like payroll integration.
Challenges for Payroll Managers:
The most common issue Addtime consultants come across when discussing pain points with Payroll teams is that too much time is spent processing payroll and many haven’t even considered integrating payroll with attendance. In the event that a company has multiple sites, the Payroll Manager would be required to input clock card data from each site into a spreadsheet together with any absence, overtime payments or deductions, all before the data is entered into their payroll system.
Payroll Managers found this a to be a recurring challenge and in 1 company with multiple sites up to 1.5 weeks per month was taken up for staff paid monthly, and most of a Monday morning for weekly paid employees.
As a result of this, other tasks were being neglected and HR/Payroll Managers were becoming increasingly frustrated at work.
Does this problem sound familiar, if so implementing a new time solution and attendance system with payroll integration could be the answer?
Platinum time and attendance software will eliminate these frustrations for HR/payroll teams. With an automated time and attendance system, there are no time sheets or lost cards. Payroll managers can easily collate all of this data onto an export file, then import it directly into the payroll system saving considerable time and money. Both employers and employees then have full transparency and the ability to check hours if necessary.
Platinum Enterprise workforce management software can provide:
- Biometrics to avoid time clock fraud.
- Electronic timesheets to accurately record attendance, lateness and missed clocking’s.
- Schedules set up with rates of pay, overtime, and bonuses.
- Payroll integration using a direct link or exports that connect Platinum Enterprise directly with any payroll system just with the click of a button.
As a result, many companies we work with are able to streamline their payroll and reduce the time to process it by over 50%.
The end result:
- Timesheet information into payroll is collated in hours, not days and weeks.
- A more motivated HR/Payroll manager.
- Time saved allows her to focus on equally important tasks across the business.
- Financial savings based on reduced administration costs.
To find out how payroll integration with Platinum Enterprise can streamline your payroll process saving you both time and money, speak to Addtime today on 01942 272 061 or head to our contact form and get in touch with us online.