To help visualize the problems of managing this area and the advantages of using an appropriate tool, Sage has created an infographic that helps us see how effective payroll management helps companies by saving time and money.
How to become a true payroll professional
The first reason that leads many companies to look for an effective payroll solution is the saving of time . With an effective program, all we have to do is perform bahrain email list 191152 contact leads the calculations, print payrolls and put them in envelopes or send them electronically . And this will not take more than five minutes for a company with less than ten employees and a little more for an SME with less than 50.
In this sense, it doesn't matter if we outsource the payrolls to a third party, the important thing is to have clear calculation data in order to then enter it and create the payroll, which is the quickest way . In addition, the visualization of data is much more efficient than in manual sheets, so adding hours, expenses, guards, night shifts or the different concepts of a payroll is very fast.
If you want to know how to create your company's payroll in five minutes, take a look at the infographic 5 reasons to become a true payroll professional
It saves a lot of time and frees us from deadline pressures. This brings us to the next reason to become payroll professionals: saving money . By saving time and reducing errors , we can spend the time we gain on other, more productive matters.
And the third reason to become a true payroll professional is the ease of complying with all labor and tax regulations . With just one click, you can send the data to the Tax Agency, forms 111 and 190, and comply with tax legislation or that of other administrations, such as Social Security, by integrating with the RED system and being adapted to CRETA . And for any questions, you can always resort to personalized assistance that will help us resolve them quickly.
More motivated employees with effective payroll management
Reducing errors and paying wages on time helps employees to be happier and more motivated. A payment error or a delay can cause serious problems for many employees' finances, so it is essential that the company does not make any errors in the calculation.
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This issue is so important that 35% of employees would leave the company if it delayed paying their wages . In addition, it leads to employee demotivation and a loss of confidence in the organization.
