SlideShare a Scribd company logo
1 of 5
PAYROLL AUTOMATION:
BENEFITS AND
CHALLENGES
HRMantra
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.
BENEFITS OF PAYROLL
AUTOMATION
1. Time-saving
2. Reduced errors
3. Cost-effective
4. Enhanced compliance
5. Real-time data access
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
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.

More Related Content

More from HRMantra Software Pvt. Ltd

Impact of Artificial Intelligence (AI) on Human Resource
Impact of Artificial Intelligence (AI) on Human Resource Impact of Artificial Intelligence (AI) on Human Resource
Impact of Artificial Intelligence (AI) on Human Resource HRMantra Software Pvt. Ltd
 
3 cliches about the Data Protection Act you should not avoid
3 cliches about the Data Protection Act you should not avoid3 cliches about the Data Protection Act you should not avoid
3 cliches about the Data Protection Act you should not avoidHRMantra Software Pvt. Ltd
 
Employers role on Discrimination and Harassment incident at the workplace.
Employers role on Discrimination and Harassment incident at the workplace.Employers role on Discrimination and Harassment incident at the workplace.
Employers role on Discrimination and Harassment incident at the workplace.HRMantra Software Pvt. Ltd
 
Don't dare to neglect this factors while evaluating new HRMS.
Don't dare to neglect this factors while evaluating new HRMS.Don't dare to neglect this factors while evaluating new HRMS.
Don't dare to neglect this factors while evaluating new HRMS.HRMantra Software Pvt. Ltd
 
Blacklisted by your employer? These are 3 main reasons behind it
Blacklisted by your employer? These are 3 main reasons behind itBlacklisted by your employer? These are 3 main reasons behind it
Blacklisted by your employer? These are 3 main reasons behind itHRMantra Software Pvt. Ltd
 
How Drug Abuse affect employees at your workplace?
How Drug Abuse affect employees at your workplace?How Drug Abuse affect employees at your workplace?
How Drug Abuse affect employees at your workplace?HRMantra Software Pvt. Ltd
 
20 Features that a great Attendance module provides
20 Features that a great Attendance module provides20 Features that a great Attendance module provides
20 Features that a great Attendance module providesHRMantra Software Pvt. Ltd
 
17 Features that a great Mobile HCM App provides
17 Features that a great Mobile HCM App provides17 Features that a great Mobile HCM App provides
17 Features that a great Mobile HCM App providesHRMantra Software Pvt. Ltd
 

More from HRMantra Software Pvt. Ltd (20)

Impact of Artificial Intelligence (AI) on Human Resource
Impact of Artificial Intelligence (AI) on Human Resource Impact of Artificial Intelligence (AI) on Human Resource
Impact of Artificial Intelligence (AI) on Human Resource
 
3 cliches about the Data Protection Act you should not avoid
3 cliches about the Data Protection Act you should not avoid3 cliches about the Data Protection Act you should not avoid
3 cliches about the Data Protection Act you should not avoid
 
Work Place Motivation
Work Place MotivationWork Place Motivation
Work Place Motivation
 
Key HR skills for the year 2019
Key HR skills for the year 2019Key HR skills for the year 2019
Key HR skills for the year 2019
 
Employers role on Discrimination and Harassment incident at the workplace.
Employers role on Discrimination and Harassment incident at the workplace.Employers role on Discrimination and Harassment incident at the workplace.
Employers role on Discrimination and Harassment incident at the workplace.
 
Don't dare to neglect this factors while evaluating new HRMS.
Don't dare to neglect this factors while evaluating new HRMS.Don't dare to neglect this factors while evaluating new HRMS.
Don't dare to neglect this factors while evaluating new HRMS.
 
Blacklisted by your employer? These are 3 main reasons behind it
Blacklisted by your employer? These are 3 main reasons behind itBlacklisted by your employer? These are 3 main reasons behind it
Blacklisted by your employer? These are 3 main reasons behind it
 
How Drug Abuse affect employees at your workplace?
How Drug Abuse affect employees at your workplace?How Drug Abuse affect employees at your workplace?
How Drug Abuse affect employees at your workplace?
 
20 Features that a great Attendance module provides
20 Features that a great Attendance module provides20 Features that a great Attendance module provides
20 Features that a great Attendance module provides
 
11 Features that a great HRMS provides | 2016
11 Features that a great HRMS  provides | 201611 Features that a great HRMS  provides | 2016
11 Features that a great HRMS provides | 2016
 
17 Features that a great Mobile HCM App provides
17 Features that a great Mobile HCM App provides17 Features that a great Mobile HCM App provides
17 Features that a great Mobile HCM App provides
 
HRMantra HCM for better ROI !!
HRMantra HCM for better ROI !!HRMantra HCM for better ROI !!
HRMantra HCM for better ROI !!
 
9 Benefits of using an HR software
9 Benefits of using an HR software9 Benefits of using an HR software
9 Benefits of using an HR software
 
HRMantra Awards & Recognition
HRMantra Awards & RecognitionHRMantra Awards & Recognition
HRMantra Awards & Recognition
 
HR On Mobile : HRMantra mobile
HR On Mobile : HRMantra mobileHR On Mobile : HRMantra mobile
HR On Mobile : HRMantra mobile
 
Cubix micro system case study
Cubix micro system case studyCubix micro system case study
Cubix micro system case study
 
HRMANTRA- lets lead
HRMANTRA- lets lead HRMANTRA- lets lead
HRMANTRA- lets lead
 
HR functions
HR functionsHR functions
HR functions
 
Company profile
Company profileCompany profile
Company profile
 
Hrmantra 10 modules
Hrmantra 10 modulesHrmantra 10 modules
Hrmantra 10 modules
 

Recently uploaded

SpotFlow: Tracking Method Calls and States at Runtime
SpotFlow: Tracking Method Calls and States at RuntimeSpotFlow: Tracking Method Calls and States at Runtime
SpotFlow: Tracking Method Calls and States at Runtimeandrehoraa
 
Automate your Kamailio Test Calls - Kamailio World 2024
Automate your Kamailio Test Calls - Kamailio World 2024Automate your Kamailio Test Calls - Kamailio World 2024
Automate your Kamailio Test Calls - Kamailio World 2024Andreas Granig
 
CRM Contender Series: HubSpot vs. Salesforce
CRM Contender Series: HubSpot vs. SalesforceCRM Contender Series: HubSpot vs. Salesforce
CRM Contender Series: HubSpot vs. SalesforceBrainSell Technologies
 
Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...
Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...
Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...Angel Borroy López
 
Introduction Computer Science - Software Design.pdf
Introduction Computer Science - Software Design.pdfIntroduction Computer Science - Software Design.pdf
Introduction Computer Science - Software Design.pdfFerryKemperman
 
Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)
Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)
Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)jennyeacort
 
Unveiling Design Patterns: A Visual Guide with UML Diagrams
Unveiling Design Patterns: A Visual Guide with UML DiagramsUnveiling Design Patterns: A Visual Guide with UML Diagrams
Unveiling Design Patterns: A Visual Guide with UML DiagramsAhmed Mohamed
 
Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...
Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...
Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...Matt Ray
 
How to Track Employee Performance A Comprehensive Guide.pdf
How to Track Employee Performance A Comprehensive Guide.pdfHow to Track Employee Performance A Comprehensive Guide.pdf
How to Track Employee Performance A Comprehensive Guide.pdfLivetecs LLC
 
What are the key points to focus on before starting to learn ETL Development....
What are the key points to focus on before starting to learn ETL Development....What are the key points to focus on before starting to learn ETL Development....
What are the key points to focus on before starting to learn ETL Development....kzayra69
 
How to submit a standout Adobe Champion Application
How to submit a standout Adobe Champion ApplicationHow to submit a standout Adobe Champion Application
How to submit a standout Adobe Champion ApplicationBradBedford3
 
Xen Safety Embedded OSS Summit April 2024 v4.pdf
Xen Safety Embedded OSS Summit April 2024 v4.pdfXen Safety Embedded OSS Summit April 2024 v4.pdf
Xen Safety Embedded OSS Summit April 2024 v4.pdfStefano Stabellini
 
SuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte Germany
SuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte GermanySuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte Germany
SuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte GermanyChristoph Pohl
 
MYjobs Presentation Django-based project
MYjobs Presentation Django-based projectMYjobs Presentation Django-based project
MYjobs Presentation Django-based projectAnoyGreter
 
Folding Cheat Sheet #4 - fourth in a series
Folding Cheat Sheet #4 - fourth in a seriesFolding Cheat Sheet #4 - fourth in a series
Folding Cheat Sheet #4 - fourth in a seriesPhilip Schwarz
 
办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样
办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样
办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样umasea
 
What is Advanced Excel and what are some best practices for designing and cre...
What is Advanced Excel and what are some best practices for designing and cre...What is Advanced Excel and what are some best practices for designing and cre...
What is Advanced Excel and what are some best practices for designing and cre...Technogeeks
 
GOING AOT WITH GRAALVM – DEVOXX GREECE.pdf
GOING AOT WITH GRAALVM – DEVOXX GREECE.pdfGOING AOT WITH GRAALVM – DEVOXX GREECE.pdf
GOING AOT WITH GRAALVM – DEVOXX GREECE.pdfAlina Yurenko
 
Software Project Health Check: Best Practices and Techniques for Your Product...
Software Project Health Check: Best Practices and Techniques for Your Product...Software Project Health Check: Best Practices and Techniques for Your Product...
Software Project Health Check: Best Practices and Techniques for Your Product...Velvetech LLC
 
Balasore Best It Company|| Top 10 IT Company || Balasore Software company Odisha
Balasore Best It Company|| Top 10 IT Company || Balasore Software company OdishaBalasore Best It Company|| Top 10 IT Company || Balasore Software company Odisha
Balasore Best It Company|| Top 10 IT Company || Balasore Software company Odishasmiwainfosol
 

Recently uploaded (20)

SpotFlow: Tracking Method Calls and States at Runtime
SpotFlow: Tracking Method Calls and States at RuntimeSpotFlow: Tracking Method Calls and States at Runtime
SpotFlow: Tracking Method Calls and States at Runtime
 
Automate your Kamailio Test Calls - Kamailio World 2024
Automate your Kamailio Test Calls - Kamailio World 2024Automate your Kamailio Test Calls - Kamailio World 2024
Automate your Kamailio Test Calls - Kamailio World 2024
 
CRM Contender Series: HubSpot vs. Salesforce
CRM Contender Series: HubSpot vs. SalesforceCRM Contender Series: HubSpot vs. Salesforce
CRM Contender Series: HubSpot vs. Salesforce
 
Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...
Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...
Alfresco TTL#157 - Troubleshooting Made Easy: Deciphering Alfresco mTLS Confi...
 
Introduction Computer Science - Software Design.pdf
Introduction Computer Science - Software Design.pdfIntroduction Computer Science - Software Design.pdf
Introduction Computer Science - Software Design.pdf
 
Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)
Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)
Call Us🔝>༒+91-9711147426⇛Call In girls karol bagh (Delhi)
 
Unveiling Design Patterns: A Visual Guide with UML Diagrams
Unveiling Design Patterns: A Visual Guide with UML DiagramsUnveiling Design Patterns: A Visual Guide with UML Diagrams
Unveiling Design Patterns: A Visual Guide with UML Diagrams
 
Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...
Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...
Open Source Summit NA 2024: Open Source Cloud Costs - OpenCost's Impact on En...
 
How to Track Employee Performance A Comprehensive Guide.pdf
How to Track Employee Performance A Comprehensive Guide.pdfHow to Track Employee Performance A Comprehensive Guide.pdf
How to Track Employee Performance A Comprehensive Guide.pdf
 
What are the key points to focus on before starting to learn ETL Development....
What are the key points to focus on before starting to learn ETL Development....What are the key points to focus on before starting to learn ETL Development....
What are the key points to focus on before starting to learn ETL Development....
 
How to submit a standout Adobe Champion Application
How to submit a standout Adobe Champion ApplicationHow to submit a standout Adobe Champion Application
How to submit a standout Adobe Champion Application
 
Xen Safety Embedded OSS Summit April 2024 v4.pdf
Xen Safety Embedded OSS Summit April 2024 v4.pdfXen Safety Embedded OSS Summit April 2024 v4.pdf
Xen Safety Embedded OSS Summit April 2024 v4.pdf
 
SuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte Germany
SuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte GermanySuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte Germany
SuccessFactors 1H 2024 Release - Sneak-Peek by Deloitte Germany
 
MYjobs Presentation Django-based project
MYjobs Presentation Django-based projectMYjobs Presentation Django-based project
MYjobs Presentation Django-based project
 
Folding Cheat Sheet #4 - fourth in a series
Folding Cheat Sheet #4 - fourth in a seriesFolding Cheat Sheet #4 - fourth in a series
Folding Cheat Sheet #4 - fourth in a series
 
办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样
办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样
办理学位证(UQ文凭证书)昆士兰大学毕业证成绩单原版一模一样
 
What is Advanced Excel and what are some best practices for designing and cre...
What is Advanced Excel and what are some best practices for designing and cre...What is Advanced Excel and what are some best practices for designing and cre...
What is Advanced Excel and what are some best practices for designing and cre...
 
GOING AOT WITH GRAALVM – DEVOXX GREECE.pdf
GOING AOT WITH GRAALVM – DEVOXX GREECE.pdfGOING AOT WITH GRAALVM – DEVOXX GREECE.pdf
GOING AOT WITH GRAALVM – DEVOXX GREECE.pdf
 
Software Project Health Check: Best Practices and Techniques for Your Product...
Software Project Health Check: Best Practices and Techniques for Your Product...Software Project Health Check: Best Practices and Techniques for Your Product...
Software Project Health Check: Best Practices and Techniques for Your Product...
 
Balasore Best It Company|| Top 10 IT Company || Balasore Software company Odisha
Balasore Best It Company|| Top 10 IT Company || Balasore Software company OdishaBalasore Best It Company|| Top 10 IT Company || Balasore Software company Odisha
Balasore Best It Company|| Top 10 IT Company || Balasore Software company Odisha
 

Payroll Automation Benefits and Challenges