Compensation and payroll management: the benefits of HRISsoftware

The payroll management is strategic within a company, but it is a complex task. There are many rules to take into account when calculating contributions and charges, while each employee’s payslip is unique. Any error made during the payroll process can have significant consequences for both the employer and the employee. An HRIS software will allow to set up the automation of the most critical tasks in order to optimize and secure the payroll management.

Payroll management, a complex task

The payroll management within the company’s information system is a particularly complex operation. The employee’s remuneration is determined according to his or her situation. The position held, expertise, responsibilities, contractual framework, seniority and personal performance are all criteria to be taken into account. The company’s performance is directly involved since the
compensation policy
also depends on its results.

On the other hand, the employer must meet a certain number of legal obligations and administrative obligations. The company is required to provide all necessary information to the various administrations and complementary organizations such as Assedic, the
URSSAF
,
Pôle Emploi
or the Treasury for the withholding of income tax.

In addition, responsibility for payroll management is shared between the human resources and the accounting departmentThis creates other difficulties. Information must flow smoothly between the two departments.

The advantages of an HRIS for payroll management

There are many criteria that come into play when determining compensation. While the HRIS offers a centralized management of all the data concerning the remuneration of the employees, the payroll software automates most of the tasks. All aspects related to the respect of the regulations and the reliability of the data will be handled by the payroll software.

This same centralized data management will greatly facilitate communication between the human resources and accounting departments, which must work together to ensure reliable payroll management. The information transmitted to the accounting department for the establishment of pay slips will be automatically verified, thus making the process more reliable.

Finally, the HRIS Provide a set of monitoring and reporting tools. The entire payroll management process can thus be monitored, regardless of the employee concerned. Dashboards generated by the HRIS will also provide a more global view of compensation within the company. These tools, beyond payroll management, will facilitate the implementation of a strategy and a compensation policy for the company. for the company.

DOWNLOAD THE WHITE PAPER

"HOW TO CARRY OUT A SIRH PROJECT IN YOUR COMPANY?"

Share This