Payroll software: Automated payroll software advantages

Here are 7 fast and simple ways payroll software from Microsoft Dynamics makes it easier for you to reduce costs and make employees happier.

Thinking about finally updating to an automated payroll system? The decision should be easy; automated payroll is simple compared to manual data collection and processing. But if you're still not convinced, take a look at just seven of the many ways automation can make payroll easier for your staff and employees—and less costly for your company.

Simplified data entry saves time and helps reduce errors.Simplified data entry saves time and helps reduce errors.

Automated payroll can make employee record setup easier and faster with templates that can be modified for each individual. For instance, with Microsoft Dynamics GP, templates make it simpler for your human resources professionals to enter data once for multiple payroll tasks, which saves time and reduces errors.

Processing pay runs is a snap compared to manual systems.Processing pay runs is a snap compared to manual systems.

Streamline the process of recording, collecting, reviewing, and approving timesheet data with online self-service options delivered through a personalized Web portal. Automated payroll processing helps eliminate many routine transactions, freeing staff to focus on higher priorities.

Direct deposit saves time for everyone.Direct deposit saves time for everyone.

Automated payrolls systems can provide reliable, confidential direct deposit of payroll checks to unlimited accounts and financial institutions, as well as split deposits between multiple bank accounts. Employees will be happy to save the hassle of having to deposit their checks at the bank, and there will be less chance for lost or stolen checks. Plus, your company can offer the convenience of direct deposit with minimal overhead costs.

Employee self-help tools help enhance productivity across the board.Employee self-help tools help enhance productivity across the board.

Online self-service options enable employees to quickly and easily update their own personal information, enroll in direct deposit, view vacation time, and submit timesheets. This saves them the time of having to contact staff with requests and details. The system updates requests automatically upon approval, saving time for payroll and other human resources staff.

All payroll information is in one place and accessible at your fingertips.All payroll information is in one place and accessible at your fingertips.

Increase your flexibility and gain more control over your payroll information, keeping track of it easily and maintaining a comprehensive, up-to-date perspective on your payroll expenses.

Taxes are less taxing.Taxes are less taxing.

Payroll tax updates available from software providers like Microsoft Dynamics ensure tax tables are current. Automatic tax table downloads for those with online access help avoid the hassle of ordering and installing updates. Taxes, deductions, and benefits are calculated automatically. You can also manage variable tax deductions for employees working in multiple states.

Government reporting and requirements can be delivered easier and on time.Government reporting and requirements can be delivered easier and on time.

Produce the government reports such as W-2 forms and other tax statements with little additional administrative cost or trouble, in both printed and magnetic media formats.

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