MARCH - APRIL 2018HR TECH OUTLOOK6Cloud is en route to becoming the standard for payroll technology today. Many companies are moving toward adopting cloud-based technologies to effectively manage and streamline their tedious HR and payroll functions. It's no doubt that cloud simplifies the day-to-day activities, reduces costs, and provides flexibility for both the employees and HR teams while significantly improving productivity.A significant advantage of cloud-based payroll systems is automation. It enables even small and midsized organizations to make radical transformation through automating their payroll processes. This not only provides the departments with access to unified HR data but also helps meet the compliance requirements. These payroll solutions are more reliable, accessible, and data-rich--giving organizations better visibility into their workforce. Companies can also perform high-level HR analytics on this data, which can help assist in making strategic HR decisions on talent management, retention, training, compensation management, and performance appraisal.Automated payroll systems also liberate HR departments from legacy paper-based processes, while making the tax compliance updates easy. Since all HR functions are completely integrated under automated payroll software, it has a better impact on organizational drivers, which will also help engage employees in a better way with higher job satisfaction.These developments often make the market for HR payroll systems a highly competitive one. HR leaders need to make the right selection while opting for a solution to ensure that their organizational processes remain as efficient and streamlined as possible. To help them in this undertaking, HR Tech Outlook, along with a panel of industry experts have put together a special edition on payroll solutions. We hope the insights featured in this edition, along with a listing of leading players in the market will help you make the right selection. Let us know your thoughts.Simplifying Payroll Hanna WilsonManaging Editoreditor@hrtechoutlook.comMARCH - APRIL, 2018Payroll SpecialContact usPhone:+1 (510)-996-5123 Emailsales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKMarch - April - 2018, Volume 04, Issue 02 Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Managing EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Joshua ParkerPhilo VazRussell ThomasVishnu SanthoshVisualizersAR RamjithEditor's NoteSherin Matthewsherin@hrtechoutlook.comCopyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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