Knocking noises, grinding sounds, a funny smell, flashing lights. All of these are signs that something is wrong with your car. When one or more of these signs occurs, you have two choices:
- keep driving and hope for the best
- get a reputable mechanic to take a look before things get worse
Ignoring the signs that something is wrong with your car could cause real problems. Ignoring issues with your payroll software could be equally bad.
What are the signs that something would be wrong with your payroll software? And what can you do about it?
1. Manual Payroll Processes Are Taking Up Way Too Much Time
If you find yourself spending a significant amount of time typing, copy/pasting, or otherwise nursing payroll spreadsheets along then something needs to change.
In a busy payroll environment (or for that matter, any environment) time is precious. Wouldn't it be great if there was a way to synchronise payroll data without the need for lots of tedious data entry? There is, and it's called, Automation.
How Could Xero Payroll Software Integration Help with Automation?
Rather than spend long hours on data entry, get your payroll software to carry out repetitive tasks with the kind of speed and precision that makes your head spin. Xero takes automation to another level by allowing real-time updates in your financial reports, eliminating the need for double entry.
2. You're Struggling to Stay Compliant with Tax Laws
Remaining compliant is both essential and, at times, difficult. Two words that don't go down well on a Monday morning. But compliance shouldn't be so difficult that your business is hindered in its performance. If you find yourself awake at 3am worrying if that last audit was comprehensive enough then something needs to change.
How Could Xero Payroll Software Integration Help with Compliance?
A solid payroll system should make it easier for you to remain compliant. Payroll software integrated with Xero can be automatically updated to help keep your calculations accurate and your sleep undisturbed...ok, less disturbed!
3. Payroll Errors Are Becoming Costly
Have you ever had that awful experience where you're out shopping, you grab something off a shelf a little too quickly, then smash....'this is going to be expensive' you tell yourself as you reach for your bank card.
A few errors here and there are understandable and should be expected, we're all human after all. But if a large number of repeated errors are hindering your payroll performance it might be time to tweak things a little.
How Could Xero Payroll Software Integration Minimize Errors?
Integrated payroll software can pull data from Xero to ensure consistency, calculate pay accurately, and even generate reports to help you catch errors before they shatter all over the shop floor (speaking from personal experience!).
4. Your Business Is Growing, and Payroll Is Becoming More Complex
Your business is growing that's great but along with that comes more payments to make, more expenses to process, more checking, more messaging, you get the idea.
How Could Xero Payroll Software Integration Help Your Growing Business?
Xero simplifies the process by handling multiple employee types, pay rates, and benefits. Integrating your payroll software with Xero syncs payroll data, so your financial reports reflect real-time payroll expenses without extra effort.
5. You Need Better Visibility and Reporting
Knowledge is power as the saying goes. If you find yourself 'guestimating' or 'approximating' important business statistics often, it may be time to get a better handle on your payroll data.
How Could Xero Payroll Software Integration Help With Reporting?
Payroll software integrated with Xero can provide detailed insights all in one place. With the relevant data at your fingertips, you can make informed business decisions with confidence.
Conclusion
Still uncertain whether your business could benefit from payroll software integrated with Xero? Then get in touch, we would be happy to chat through the options without obligation.
