Payroll Data and GDPR Compliance: Everything You Need to Know

Get Hppy

The world’s largest companies will spend about $8 billion to follow the General Data Protection Rule. If so, you need to be sure your payroll data handling is compliant with the new rules. Your payroll data can also be sensitive. How long do you keep data?

Payroll System Innovation: Yesterday, Today and Tomorrow

Ultimate Software

Recently, I co-presented a webinar to prospective customers about the “ Evolution and the Future of Payroll.” And the second was a firm reminder that we can never forget about the core functional needs of our payroll system customers. Should payroll systems be innovative?

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Data Conversion Essentials

HRchitect

Data conversion is never easy. It can be a nightmare for any organization going through an implementation of a new HRIS and payroll system; however, with some preparation and analysis, this process can become a bit easier. There are some processes that can be followed to ensure reduction in errors and bad data loads. Unfortunately, not many people spend the time to clean up their data before data conversion. Written by: Michael Sischo.

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Data Validation! Gaze before you leap | Pre-Payroll Activities

Keka HR Blog

As an extremely high-volume business activity, payroll is a department where delays, corrections, and reprocessing incidents are all too common, however risky to encounter. Payroll is straightaway related to the compensation of all the employees of an organization. Errors in payroll.

HR Technology Trends and Compliance Guide

Speaker: Marcus Ambrozy, Senior Sales Consultant, Hodges-Mace

Technology is evolving, and the workplace is evolving with it. In 2016, 43% of Americans reported that they spend at least some time working remotely, and Gallup has found that the ability to work flexible hours and work remotely greatly impacts employees decisions about whether or not to leave a job. For HR professionals, technology can improve the accuracy of your payroll data, make it easier to enroll employees in benefits (and change them), and free up your time for the big-picture projects you need to focus on. However, with change comes complications, and the key to maintaining compliance across a diverse and shifting employee landscape depends on implementation.

Will Data Scientists Become the New Global Payroll Professionals?

Immedis

Clive Humby is credited with uttering the words “data is the new oil” in 2006. Fast forward to 2017, and The Economist labeled data the most valuable thing in the world. Call it what you will, but data is big and only getting bigger. Why is data so valuable?

Gathering Leave and attendance data | Data requirements to run payroll in India

Keka HR Blog

The entire payroll process is an avalanche loaded with tasks. HR and payroll walk together in any organization. HR, being the only centralized department connected to all other departments, payroll becomes a significant responsibility. What is Leave and Attendance Data?

Wage Raises $5M for Consumer-focused Payroll API, Where Fintech meets Worktech

LAROCQUE

Wage announced a $5 million Seed round of venture capital funding for its payroll data API. Wage hopes to empower employees’ lives with streamlined access to verified payroll and employment […]. HCM Payroll VC Deals fintech payroll venture capital

Understanding Payments and Deductions | Gathering data to run Payroll

Keka HR Blog

The entire payroll cycle has three segments or stages; pre-payroll Activities, payroll and post-payroll activities. The pre-payroll is most significant on the grounds as it builds up the “data”, which gets moved to the next step that is actual payroll processing.

How AI Is Impacting the Future of Payroll

Ultimate Software

Are you prepared for the future of payroll? Payroll is perhaps the most ubiquitous business function—everyone needs to be paid! In theory, the function of a payroll system is simple: You pay your people and distribute their contributions accurately and on time. Payroll is subject to a myriad of ever-changing complexities, from tax codes and distributions to bonuses and personnel changes. Reskilling Opportunities for Payroll Professionals. Payroll Technology

Global Payroll Reporting: What Good Looks Like

Speaker: Amber Morris, VP Commercial Development, Immedis

If you can’t measure it, you can’t manage it. In a data driven world, reporting is becoming increasingly more important for driving key business decisions. With real time, up-to-date information on your organization housed within your payroll department, global payroll reporting has fast become a hot topic for multi-national companies. Board level reports with accurate, real time information is the end goal. But better reporting starts with good data.

How Does Payroll Software Work?

Netchex HR Blog

As it continues to adapt and expand, payroll software has become an essential technology for many companies both large and small. What is payroll software? Payroll software is the foundation of any operating business. Payroll software is that investment. Who runs payroll?

That Dirty Four Letter Word – DATA!

HRchitect

Let’s take a look at data and the impacts a four letter word can have on your system(s). Data quality is affected by the way it is entered, stored and managed. Each vendor is slightly different, but you need at least one person on the client implementation side, preferably a SME — someone who is familiar with the legacy system, where and how the data is stored, updated and what are the expected end results. Payroll Tables setup. Payroll Processes.

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Why the CIO Needs to Understand Global Payroll

Immedis

As a general rule of good business practice, the CIO should be involved in other aspects of the company, particularly payroll. However, even if organizations wanted to keep the CIO away from payroll, they may not have a choice. Optimizing payroll data.

How a Single Integrated Global Payroll Solution Cuts Payroll Times

Immedis

As a result of this complex and multifaceted operation, the deadline set for each payroll run is quite restricted and early in the month. How a global payroll solution transforms the payroll process. The role Perpetual Validation plays in ensuring global payroll compliance.

The Future of Payroll

Speaker: Steven Van Alstine, VP of Education, Canadian Payroll Association

Payroll is an often misunderstood function. Given the effectiveness with which it is executed, it is often invisible. The challenge is that payroll is a critical function within every organization — responsible for one of the most important aspects of the employee experience: compensation. Join Steven Van Alstine as he unpacks "hot off the press" research on payroll.

Understanding Income Tax – Gathering data to run a payroll

Keka HR Blog

Recommended read: Payroll processing in India- A complete step by step guideline. As salaries are paid after TDS, one of the steps in pre-payroll is collecting tax information of the employees. Payroll income tax

What is Payroll and How Does it Work?

FingerCheck

By definition, payroll is the function of a business paying its employees. Payroll includes the distribution of currency in the form of checks and/or direct deposits into an employee’s bank account. Payroll is used at the end of the fiscal year to assess annual employee wages.

Core components of Payroll | The Actual Payroll Process

Keka HR Blog

Payroll is a financial record of compensation paid to an employee as salaries, wages, bonus, or deduction. Payroll processing is referred to as the administration of an employee’s financial records as well as involves tedious routine work. What is Payroll Processing?

Improve data accuracy, reporting, and compliance by bringing HR and payroll together

cipHR

Improve data accuracy, reporting, and compliance by bringing HR and payroll together. Is it possible to manage all of my people data and pay my people from the same system? The answer is yes – if you invest in a single, integrated HR and payroll solution.

How to Offer Fair, Equitable Compensation

Offer fair and equitable compensation with this comprehensive e-book.

Kronos Spring eSymposium: FREE Learning Opportunity for #HR and #Payroll Pros

HR Bartender

The Kronos Spring HR and Payroll eSymposium is scheduled for Wednesday, May 6, 2020 from 10a to 5p Eastern time. Seeing is Believing: Charting Your Course to Presenting Data Visually” really caught my eye because I’m hearing a lot more conversation these days about storytelling.

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What are the top features and benefits of payroll software?

cipHR

From the benefits of payroll software to choosing the right software for your organisation, we cover everything you need to know about payroll software. Similarly, the answer lies with payroll software. Features of payroll software. The key benefits of payroll software.

Payroll Reform

HR Examiner

That particular area is Payroll.” Thought bubble: Payroll Reform. Business is moving to a level of integrated data and analysis not considered possible twenty years or so ago. All of this data is, in some ways, valuable and, in others, nothing more than “clutter” distracting us from what we should be capturing and analyzing. We see a plethora of systems and solutions, offering a wide array of Data Gathering and Analysis. That particular area is Payroll.

Configuring your Payroll System for Increased Performance

Ascender

Advances in Payroll and HR systems have been at the forefront of this revolution. The capacity to deliver on the expectation of instantaneous data sharing across the business will continue and will have a lasting impact on the HR function. Payroll Data

Discover 4 Use Cases for Applying AI to Your Recruiting Processes

on payroll alone1, employers are under constant. understand large data sets, distinguish patterns and. self-improve over time using historical data points. Data shows recruiters are hungry to use. to struggle with disparate data. The next. wave of. AI-led.

Payroll Protection Laws Announced

FingerCheck

The Senate has come to an agreement on a package of four bills that cite hefty penalties for employers intentionally misappropriating payroll funds. The widespread theft alleges that approximately $70 million in payroll funds was stolen by the CEO of the company.

Strategies for Getting the Most Out of Your Payroll Data

Visier - Talent Acquisition

Many organizations aren’t leveraging Payroll Data to its full potential. Enrique Sala , Senior Strategic HR Consultant at Meta4, a Cegid company, has extensive experience using data to drive strategic decisions in human resources at companies of all sizes.

How a Global Payroll Solution Can Address Your Global Payroll Challenges

Immedis

Payroll holds the key to business success.” 2019 Global Payroll Complexity Index. In conversations with business leaders, regardless of the industry, the topic of global payroll always comes up. The key, though is a global payroll solution. Source: Data Privacy Manager.

5 Payroll Management Tools Every HR Needs

HR Digest

For any business, a handy and adequate Payroll software application is a must-have. These payroll apps not only consolidate the multiple payment processes required into one platform but also offer numerous tools for economic and precise payroll functions.

Why 2021 is the Year You Invest in Payroll Software

Netchex HR Blog

For the many businesses and HR professionals who have avoided the payroll software conversation for too long—this is your year! THIS is the year you finally invest in payroll and HR technology software. Payroll is crucial to your business. In-depth data & reporting.

7 Reasons You Need a PEO vs. Payroll Services

Stratus

Nine times out of 10, when I’m first talking to someone about their company’s needs, they jump right to payroll. It makes sense since payroll is a critical piece to employment and subsequently the number one service outsourced by small businesses. Come for the payroll, stay for the stellar benefits ! PEOs do all of this AND payroll. Since payroll, benefits, risk management, and HR are so intertwined, full-service PEOs do it all. PEO vs. payroll?

How Touchless Payroll is Reshaping the Future of Global Payroll

Immedis

We spoke with the Managing Director of Links International, Scott Thomson, who offered insights into the benefits of a single source of truth and what he believes will be the future landscape of global payroll. Why is integration so critical for a global payroll platform?

Get Payroll out of the bunker and into the business: How Payroll can (and should) support management

Ascender

The time has come to get payroll out of the bunker and into the depths of your enterprise. Payroll management is not just about keeping on top of non-compliance or incorrect payments. It is not always easy to get what you need from payroll. Data Equals Insight.

What is Leave, Attendance and LOP data in Indian Payroll Processing?

Keka HR Blog

Payroll is a vast process and each step involved in the entire cycle plays a significant role. Employee leave & attendance management involves keeping records of sick leaves and holidays, as well as ensuring that the payroll gets done in an error-free manner and on time.

A “Smart” Solution for Simplified Payroll

Ultimate Software

With this being National Payroll Week, we wanted to take a closer look at a hot-button issue for payroll professionals across America. If you’re a payroll professional, you probably know Pennsylvania has one of the most complex local tax structures throughout the country—as in, one simple employee change, such as a new address, will likely require some manual effort. One of the ways we make work life easier for payroll professionals is with UltiPro’s Smart Tax Search tool.

How Does Payroll Outsourcing Maximize the Efficiency of Your HR Team 

Get Hppy

Payroll is a critical part of HR management and is a time-consuming activity that needs to be performed every month. The HR managers are forever shrouded with the pressures of managing compliances and following the regulations when handling payrolls. Lesser Worries about Data Security