Payroll is by no means an easy task. Continuous changes in local legislation, changing auditing standards, high union involvement, increasing demands to pay employees based on performance, making sure employees receive the correct pay, are all factors that can make your payroll a time consuming and costly process.
NGA’s recently released Payroll Complexity Index gives an interesting overview of where in the world payroll is most complex and makes an interesting read for payroll professionals.
Business Process Outsourcing is something which is growing worldwide, Gartner predicts that worldwide IT outsourcing will grow a further 2.8% in 2013. Many organizations have found this is an area they cannot ignore and have outsourced all, or elements, of specific functions within their business. When considering whether to outsource your payroll function or if you are looking to change providers there are a number of key questions that you need to ask yourself as a business. These can be divided into three main areas:
Cloud computing is changing the HR software landscape quickly. Companies that are looking into implementing new HR software or expanding their current functionality will at least consider going completely or partly into the cloud.
Cloud solutions offer good looking software, that is easy to use and can be deployed quickly.
Another 4 months have passed and here we are with a new release of euHReka. With euHReka 12 we are responding to market demand, while elevating user experience and functionality of our HR BPaaS platform to the next level.