This is one of the smartest investments a business can make. Streamlining compensations saves time while at the same allowing you to pay your people correctly and easily with a sea of compliance. But matching cloud solutions to needs isn't as simple as there are different cloud delivery models, feature sets, integrations or customization options. Here we demystify payroll software buying by boiling it down to the core factors truly impacting long-term value:

Capabilities Alignment

We cannot just stop at existing payroll needs around tax calculation, reporting and direct deposit. The scope of the feature must fully support future business development as well. Prioritizing must-haves, rather than overbuying too many nice-to haves that you won't need to use for years just wastes budgets.

Workflow Optimization

So how will the solution fit in and improve on your existing payroll workflows? Tools are optimum when they simplify steps for staff and given managers transparency. Rather than introducing completely new, unfamiliar processes from scratch. We should build on what is already effective and working well.

Integration & Consolidation

But combine your current HRIS, timekeeping platform and accounting software with turnkey integrations to create a single tech Ecosystem. We should flow data between these tools without reentering, or reconciling.

Configurability

Since well after implementation, however, customization in site-modeling unique org structures or adding certain deductions and reimbursements; tailored reporting, as well as software to walk with your operational nuances all prove essential. Otherwise value can't be maximized from the start.

Scalability

As your business grows in size, spread and overall complexity of operation (or even as you are transformed through M&A), make sure the payroll software scales well so that it doesn't need to be ripped out and replaced when things begin changing.

Cloud Capabilities

By supporting for remote accessibility, automatic updates, and usage-based pricing cloud delivery has become the most common current model across enterprise applications.

If you can focus buyer conversations on these core considerations first, then any later tradeoffs around ancillary bells and whistles will be smarter ones. We can help you choose payroll technology that's a perfect fit for your organization today and tomorrow. Let us guide the evaluation process with you.