Any business needs to consider how to stay relevant, effective, and efficient in things they do. This includes providing service or products to their customers, and it also means managing the back office of the business in an effective and efficient way.
One solution for a business of any size is to transition from software programs housed on a central computer or network to cloud-based technology. Adding cloud payroll services provides remote access, allows for management to access information in real-time, and increases the workflow through the back office of any business.
Unfortunately, myths and misinformation can make it difficult for a small to mid-sized business to understand how cloud payroll software can benefit their company. To address these issues, here are three common myths and the truth behind the claim.
Myth: Cloud-based software is too expensive for small to mid-sized businesses
While there is an initial cost to cloud payroll software, it is very comparable to other software programs and technology. The offsetting benefits and features of the software add efficiency and streamline processes, paying for itself in a short period of time.
Myth: Security is a concern with a cloud-based payroll software solution
Compliance with security protocols is tailored to meet the needs of the company. New cloud payroll software offers multiple security layers and features for peace of mind.
Myth: To effectively use cloud-based software the business has to be high tech
Intuitive and easy to use with central dashboards, employee access to specific features, and the option to customize report templates, this is a very simple software system to use. The top cloud-based payroll solutions integrate into existing business software systems, making it easy to use throughout the business. Browse the site for more information.