
Sachin Disa is a qualified Chartered Accountant with 20+ years of experience. He heads the India business unit for TopSource Worldwide.
Effective management of human resources is critical to the success of any business and efficiently processing payroll is very closely intertwined with key HR responsibilities. Still, it is not unusual for companies to have outsourced their payroll and yet be working with a disparate HRMS software. In doing so, this creates multiple employee databases to deal with and limits the efficiency of HR teams
Apart from automation, integration of HRMS software with a payroll outsourcing solution can help overcome these challenges and ensure effective management of workforce and processing of payroll. Having the payroll service provider provide LMS, HRMS, and expense management software integrated in one platform drastically alters and enhances the efficiency of HR and payroll function, improving decision-making, and minimising duplication of efforts. The best way to transform HR and payroll functions is to have a payroll outsourcing partner, who also offers HRMS, expense management and leave management as a solution.
To read the full article on CXO outlook click here
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