HR and Payroll

software

As two critical departments in any organisation, it’s important that HR and payroll functions work together effectively. Key business tasks like ensuring employees are paid accurately and on time, employee benefits and deductions are correctly administered and tax, and other legal and compliance requirements are met, all require HR and payroll to work together in tandem. Integrated HR and payroll software like PeopleXD can help larger departments or those with more complex requirements, to automate joint HR and payroll tasks. Using technology to help manage the seamless flow of data between the two functions also helps reduce time-consuming admin, ensure consistent employee record keeping and reduces business risk and chances of error when personal data is shared.

The best HR and payroll software is subjective and will be dependent on organisation’s size, complexity, budget, maturity of your HR strategy and specific business requirements. 

When choosing the best HR and payroll system for your organisation, you should look to first build the business case. You may be looking to automate more of your HR and payroll processes and require everything in one place, or you could be looking to upgrade outdated legacy HR and payroll software that is not achieving business value, or simply no longer fit for purpose. Your organisation’s unique requirements will dictate the direction you take when choosing the most suitable HR and payroll software to achieve your strategic objectives.

Take a look at our article about choosing the best cloud-based HR software.

There are many advantages to buying HR and payroll software from the same supplier.  

One of these is seamless integration, meaning data flows seamlessly from one area of the system to another reducing error and helping ensure your policies and processes are consistent and compliant. Another benefit is increased efficiencies; integrated HR and payroll reduces the need to manually enter data and avoid duplicating efforts, reducing administration time and costs. These things lead to better data accuracy and more reliable cross-functional reporting.  

Fully integrated HR and payroll software like PeopleXD, likely includes additional features and functionality across the employee lifecycle, ensuring you get better value from your tech investment. This will mean a simpler relationship with a single vendor, with a single point of contact for queries, support and future updates. With the right supplier, you can also ensure your HR and payroll software is future-proofed, with a scalable and flexible system that can accommodate your organisation’s future growth and evolving requirements. 

Take a look at our article on building the business case for new HR software. 

The cost of HR and payroll software can vary widely depending on factors such as the features and functionalities offered, the size of your organisation and number of users, the vendor's pricing model, additional modules (like learning or talent management for example) and additional services (such as implementation timescales and support options). HR and payroll system pricing models are usually based either on a subscription model or per-employee for OpEx cloud-based SaaS like our PeopleHR system, or a one-time license fee for an on-premise CapEx system. Some HR and payroll software providers have custom pricing models taking into account the specific requirements of your organisation such as customisations required, tailored features and services and varied implementation and support plans, like our HR and payroll software PeopleXD.

Find out more about HR and payroll software pricing.

Integrating HR and payroll systems can streamline processes and improve efficiency. To integrate HR and payroll software effectively, you should define your integration goals, what do you want to achieve? This could include automating data transfer between your systems, reducing manual data entry, improving data accuracy or enhancing reporting capabilities.