The power of integrated HR and payroll software

Are you considering combined HR and Payroll software for your business? You’re in the right place.

This guide delves into how combining your human resources and payroll can help make your business run smoother and stay in line with legislation. Learn about key benefits and what it can do.

Why does an all-in-one solution work for payroll and HR?

When it comes to managing your workforce, wouldn’t it be great if all your systems could talk to each other? Imagine if your people management software solution could communicate with your online payroll system, ensuring new hires are paid accurately from day one.

And imagine if your employee scheduling could integrate with your payroll reporting in real-time. Providing you incredible insights into your people management and payroll management in one. This is where the magic of integrated HR and payroll systems comes into play.

HR and payroll software have traditionally worked separately. And even worse, some businesses rely on manual spreadsheets and old-fashioned paper trails to keep on top of their payroll and HR responsibilities.

With the amount of time back-office admin consumes, it’s not hard to understand why integrated digital solutions have become a popular choice amongst small businesses.

What is integrated HR and payroll?

In an integrated system, the parts like payroll, employee schedules, and hiring, all sync up to make sure everything is accurate and runs much smoother. This cuts down on all the manual work and makes the process more efficient.

But the benefits don’t stop there. Integrated systems can improve how employees feel at work. With self-service features, employees can access a broad range of functions, including:

• Core HR

• Payroll

• Recruitment

• Onboarding

• Workforce management

Streamlined HR & Payroll workflows

The beauty of integrated HR and payroll systems lies in their ability to make work processes smoother. Time is precious, so they automate time-consuming tasks like payroll, staff management, and performance reviews, boosting both speed and precision.

Take, for instance, combined payroll and time-tracking systems, getting rid of the need to record work hours manually. This makes everything run quicker and more smoothly. Linking different HR tools with payroll software means less juggling between systems, fewer passwords to remember, and less paper clutter.

The result? More time for your team to commit to the running and growth of your business.

Enhanced data management

Combining HR and payroll systems makes sure your data is spot-on, by cutting out the chance of mistakes from entering it by hand.

But the perks go beyond just getting it right, here’s what you get with an all-in-one HR system:

• Handling HR tasks is less tricky

• Steers clear of problems like data duplication and compliance violation

• Providing a safe haven for sensitive employee data, reducing the risk of data breaches, and ensuring compliance with regulations like GDPR

• Creates steady, trustworthy data, that moves freely, powering up smart choices for your business

Improved employee experience

Integrated HR and payroll systems do more than just keep your data in check and improve your workflow. They reach right into the heart of your organisation. Empowering your employees.  

Self-service features in these systems let employees look at their payslips and manage their perks much easier, boosting their engagement.

Alerts that pop up automatically for key HR moments, like performance checks and salary changes boost happiness by facilitating fast replies and chats. Plus, when you link these insights to a HR analysis tool, it helps figure out how HR moves affect how happy and motivated employees are, which can lead to smarter business decisions.

Employees get to see their pay info and change their personal details whenever they need to, which gives them a sense of ownership and transparency.

The advantages of integrated HR and payroll over isolation

While having separate HR and payroll systems may seem manageable, the benefits of integration far outweigh those of isolation. Integrating HR and payroll software is designed to increase productivity and efficiency while reducing administrative tasks.

Consider this: each time you enter data into isolated systems, you’re just making work for yourself and your team. With integrated systems, you enter data just once, saving time and minimising errors.

Plus, efficient integration processes improve employee development resulting in a greater return on investment (ROI) for combined HR and payroll platforms.

Below we highlight the key differences in our comparison table:

Single source of truth

In the world of HR and payroll, having a “single source of truth” is invaluable. It sounds more complex than it is, but essentially, having one reliable place for all your information makes things easier, clearer, and better for reports. When you bring HR and payroll together, you create a go-to spot for all employee data.

Any updates in HR are immediately ready for payroll, without any extra steps to get them in sync.

Consistency in compliance

In an era of ever-evolving regulations, staying compliant is a top priority. Integrated payroll software approved by HMRC ensures compliance by directly connecting to HMRC and pension providers. It also provides updates to ensure that the data remains current.

The systems keep sensitive data safe on a single platform, helping you stick to GDPR rules and avoid penalties. A unified HR and payroll system streamlines data protection and saves money by steering clear of any fines for non-compliance.

Cost-effective solutions

The benefits of integrated HR systems extend to your bottom line too. They can be more cost-effective, preventing spending on multiple systems with redundant functions. This means you’re not wasting money on underused features, leading to savings.

Discover integrated HR and payroll software from BrightHR

Integrated HR and payroll software is a big win for any business. It boosts efficiency by organising employee data better, cuts down on manual work, and gives employees a smooth experience with self-service options. Plus, it keeps data correct, simplifies tasks, and protects employee information.

So, why wait? Embrace the future of HR and payroll management today.

Empower your HR teams, liberate your payroll professionals, and engage your employees with an all-in-one solution that’s designed to take your business to new heights. Book a free demo with BrightHR.