Payrolls witnessed a sea change. In the past, the process of payrolls needed manual efforts, which sometimes resulted in miscalculations, delays in posting. But, in the current scenario, employers submit PAYE information to HM Revenue and Customs once in a year. This method of payrolls is believed to be not very efficient and accurate. It does not support the payment of Universal Credits.
However, future payroll overcomes all the above mentioned hurdles and offer new advantages to both employers and employees. Please find out how future payroll will be in the above infographic.
