What Is a Payroll Management System?

As the name suggests, a payroll management system is software designed to automate the complicated task of managing employee pay. This automation reduces the reliance on paper and replaces manual payroll practices, which are prone to errors and very time-consuming.

At its core, the software calculates salaries and deductions, generates payslips, and files taxes. As it advances towards automation, it can integrate with other HR systems, like the attendance management system, to automatically gather data for accurate calculations. This allows businesses to ensure their employees are paid accurately and on time while freeing HR staff to focus on other strategic tasks.