A changing payroll landscape – the biggest game changer
The payroll landscape in South Africa and the rest of Africa is changing rapidly. There are many factors contributing to this new and exciting, technology driven payroll environment and they are all important.
The payroll landscape in South Africa and the rest of Africa is changing rapidly. There are many factors contributing to this new and exciting, technology driven payroll environment and they are all important. Companies therefore need to invest in HR & payroll software that fits their unique business environment. Making a decision that suits your business will give you the maximum benefit from a changing landscape.
Processing your HR & payroll in the Cloud
HR & payroll software's move into the cloud has enabled companies to access a payroll system anytime, anywhere and there is no need for manual calculations. It makes the implementation of payroll less complex and is sometimes referred to as the 'do-it-yourself' option. Cloud solutions led to the creation of Software as a Service (SaaS), which essentially allows users to utilise HR & payroll software through the web on a pay per use basis. Being able to benefit from a quick rollout of software and consistently up to date tax calculations significantly reduces the burden on businesses and assists them to focus on managing costs and running their operations.
Investing in new and sustainable technology is critical
We live in a fast-paced business environment where technology changes rapidly. It is important to ensure that your HR & payroll software is adaptable to new technology platforms that can develop as your business grows. The investment in time and resources will require that you are able to stay on the software for many years. The benefit of a structured query language (SQL) platform means businesses can easily access and process data. The drivers of an enterprise size business that has well-established processes with a multinational HR and payroll office can be vastly different to a small or medium size business in a growth phase.
One of the most exciting aspects in a changing landscape has to be the benefits of Connected Services
Implementing HR & payroll software with connected services as part of the solution will open up more possibilities than one could imagine. It will allow for companies to get the benefit of a multitude of applications surrounding their payroll software with direct benefits to the user. One of them is the validation and verification of bank accounts. Improving the accuracy of bank accounts and reducing the risk of fraudulent transactions. Furthermore, connected services will allow for frictionless updates with no need to download updates manually. The benefit to users will be enormous in terms of efficiency and speed of updating to the latest version.
The explosion of the mobile workforce
With the hype of mobility playing a large part across all applications, HR & payroll software is no exception. The benefits of mobile payslips and employee self-service, across mobile devices, will drive efficiencies while also giving employees easy access to their information.
Connectivity across Africa has empowered businesses to drive efficiencies across borders, across all parts of the business
Many South African companies with offices in Africa can standardise processes now for the first time, as connectivity has improved, making private cloud a viable option. For the first time business analytics and consolidating data to manage costs more effectively is practical. This will improve workforce management, appointing and sharing of resources and driving costs down with software being standardised.
About Sage VIP
Sage VIP is a leading supplier of payroll and human resource management solutions in South Africa and Africa, having a comprehensive African partner network that comprises of 24 African countries. Sage VIP's extensive service offering and comprehensive range of products epitomises ease of use, stability and reliability. The flexibility that the Sage VIP service offering provides is uniquely catered to each client's company and legislative needs, whether it is an SME or a multinational corporation.
Sage VIP was voted as the Business and Professional Services Company of the Year for 2012 in the 'Deloitte Best Company to Work For Survey', for the third year running.
About The Sage Group plc
Sage Group plc is a leading global provider of business management software to small and medium sized companies, creating greater freedom for them to succeed. Sage understands how and why each business is unique. We provide products and services that suit varying needs, are a pleasure to use and are secure and efficient. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has over 6 million customers and more than 13,380 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia and Brazil. For further information please visit www.sage.com
