The Payroll process can be a bit clunky and time-consuming if you let it. With the right tips and tricks, your process can work efficiently and with the best outcome. Read how Workforce PayHub can help you with a few best practices and reduce the overall processing time of payroll.
One way to reduce payroll processing time is to centralize your records. You want one hub and location where you can easily find information in one place. It can save a lot of time if you only have to search one place for what you’re looking for versus going through emails, spreadsheets, or sifting through stacks of paper. This will not only save time, but it will reduce the risk of losing or misplacing important information.
A Single Source of Truth
Another best practice in reducing payroll processing time is integrating your HR and payroll systems. Having a single system can make data management a lot easier. This also makes the employee experience better. Having one place for employees to go to instead of multiple makes their lives less stressful as they don’t have to manage information in more than one platform.
Make sure all of your information is in a digitized form. There’s no need for paper or loose documents flying around. Make everything for you and your employees digital.
Eliminating paper documents saves a ton of time for everyone and also makes everyone's lives easier. This includes all things, including tax forms, reports, and delivering key information to your employees.
Another best practice is to reduce the amount of admin effort needed and provide employees with easy tools to do more things themselves. For example, viewing their pay and managing their schedules.
Workforce PayHub Can Help
With Workforce PayHub, this is possible. Our Time and Labor Management solutions put employees in the driver's seat of their own management. Employees are able to use their computer and phone to clock in, request time off easily, and stay on top of pertinent information.
Our workforce HUB of cloud-based solutions help companies manage employees better with Payroll Administration, Time and Labor Reporting, Human Resources Management, and more.We have a solution for all of your business needs and have helped companies throughout Michigan and over 35 other states and territories streamline administrative functions, allowing them to focus on growing their business.
Reducing Payroll processing time will make you and your employees daily lives better and more efficient. With these tips and tricks you will be set up for success!
