To stay in the game, you need to have your business in the cloud. Cloud adoption has been accelerated by the pandemic, forcing organisations to make strategic decisions about their use of technology to streamline operations, reduce costs, attract talent and improve security.
For payroll managers, the cloud has transformed the way they work because cloud technology automates mundane tasks, improves reporting and compliance accuracy, supports data security, and frees up time to focus on things that make a real difference in the business.
88% percent of businesses that were already using cloud-based payroll and HR management systems told the researchers they were better able to adapt to remote or hybrid working arrangements. Payroll and HR professionals have accepted that remote and hybrid working is here to stay, the report said. This shift has been the main reason why 64% of medium-sized businesses and 50% of small businesses have increased their use of payroll and HR technology in the past year.
Most employees are reliant on their smartphones, so delivering company information and services on their mobile devices makes practical sense. A convenient self-service HR package or mobile app could enable staff to apply for leave, file business expenses, access payslips, update personal information from their devices, and submit invoices.
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