Payroll automation refers to the use of technology to perform payroll tasks with minimal human intervention. It streamlines the payroll process, ensuring accuracy and efficiency.
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2. INTRODUCTION
Payroll automation refers to the use of technology
to perform payroll tasks with minimal human
intervention. It streamlines the payroll process,
ensuring accuracy and efficiency.
4. CHALLENGES OF
PAYROLL AUTOMATION
1. Initial setup cost
2. Training and adaptation
3. Integration with existing systems
4. Data security concerns
5. Regular software updates
5. CONCLUSION
While payroll automation offers numerous benefits,
it's essential to address its challenges to maximize
its potential. Choosing the right HRMS software, like
HRMantra, can make the transition smoother and
more efficient.