For every business whether big or small payroll processing is one of the most complex and time consuming process as it is not just about salaries of the employees but also about the financial record about the employees work history.It includes bonus, deduction, taxes etc. Keeping all these records accurate and updated is very important for any organisation.
Efficient processing of payroll can lead to following benefits
1) Saves Time
2) Improve Accuracy
3) Control Costs