The Painful Process of Managing Payroll

Infographic: Automation Solves Your Payroll Puzzle

The Painful Process of Managing PayrollManaging payroll can be like trying to solve a jigsaw puzzle with pieces from multiple boxes.

The Painful Process of Managing Payroll

If you enter data from multiple systems, the process is time-intensive and costly—especially when mistakes need to be corrected. Between the innumerable steps, manual calculations and changing policies it’s nearly impossible to avoid errors—which raises questions from your employees and puts you at risk of FLSA noncompliance.

The U.S. Department of Labor estimates that at least 70% of employers are not in full compliance with the Fair Labor Standards Act (FLSA). Noncompliance can result in heavy fines, lawsuits and even criminal charges. Companies that contract with the government can be debarred from government contracts for three years.

Often, noncompliance happens through simple human error, due to the complex manual adjustments that are required every time you run payroll.

Automation Can Put the Pieces Together

If you have unique business rules or pay policies that you’re applying manually, or if you find yourself duplicating entries across multiple disconnected systems, automated integration might be a viable solution.

With the click of one button or on a predetermined schedule, automation can increase your efficiency, reduce legal risks, and help eliminate human error. You could save time and money every time you run payroll.

Our free infographic, Automation Solves Your Payroll/HR Puzzle, will show you how an automated integration application can put the pieces together into an accurate, efficient, and compliant harmony.

In this infographic you’ll get:

  • Stats and figures on the legal risks of manual processes
  • 9 specific ways automation mitigates cost, inaccuracy and legal risks
  • Information on how to get started with automation

Can Time Bank Solve Your Payroll Puzzle?