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[Video] Manual vs Payroll Software: Which is Best for Your Business

January 3rd, 2024 | 2 min. read

By David Ma

Manual vs Payroll Software: Which is Best for Your Business

 

Watch this 1-minute video.

Business owners often face the dilemma of choosing between manual payroll and automated payroll software. This guide unfolds the facts to help you make an informed decision.

The Hidden Costs of Manual Payroll

While manual payroll might seem cost-effective at first glance, it's often a time-consuming process prone to errors. The real cost comes in the form of hours spent on meticulous double-checks and corrections – hours that could be better spent on other aspects of your business.

The Advantages of Payroll Software

Payroll software offers accuracy, speed, and compliance with just a push of a button. Although it requires an initial investment, the benefits include peace of mind, efficiency, and the elimination of manual errors, making it a worthwhile investment for many businesses.

Employee Satisfaction and Payroll Precision

One of the key benefits of payroll software is its ability to deliver punctual and precise payroll processing. This not only increases employee satisfaction but also allows your team to remain focused on their core responsibilities without payroll-related distractions.

Weighing Cost Against Convenience

When considering the balance between cost and convenience, payroll software often emerges as the clear winner for businesses overwhelmed by the complexities of manual payroll processing.

What To Do Now

If you're contemplating the switch from manual to automated payroll, it might be time to explore the benefits of payroll software. It's a leap towards overcoming the hurdles of traditional payroll processes.

Unsure about the best payroll solution for your business? Schedule a meeting with a payroll specialist at Combined today for a tailored payroll solution that meets your business needs.



This video is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Viewers should contact legal counsel for legal advice.

 
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The video is hosted by Robin, an Account Executive for Combined, who has over 15 years of experience in risk mitigation. he explains that compliance simply means following the rules, and that when businesses are out of compliance, they can face costly repercussions.
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The video is hosted by Robin, an Account Executive for Combined, who has over 15 years of experience in risk mitigation. he explains that compliance simply means following the rules, and that when businesses are out of compliance, they can face costly repercussions.