Eimear Byrne
Ireland Country Lead, SD Worx
Payroll technology isn’t just about convenience; it’s a strategic imperative for the future of work. Integrated, cloud-based payroll software can boost efficiency, support compliance and employee satisfaction.
At SD Worx, formerly Intelligo, our research shows that for almost one in five Irish companies, creating an integrated and efficient payroll system remains an urgent yet unmet challenge.
Efficient payroll attracts top talent
Seamless payroll services are a magnet for top talent, giving companies a competitive edge in attracting and retaining talent. The world of work is constantly evolving; it’s important to find an external payroll partner that can help you proactively manage complex payroll demands. This includes adapting to new contract types, offering more flexible working options and meeting the growing demands of European legislation.
From our recent study, 51% of HR Director respondents in Ireland reported that speed and efficiency of payroll processing is their biggest payroll challenge, so ensuring your technology supports you is key.
Why invest in cloud-based payroll software?
Cloud-based payroll solutions offer scalability, accessibility and flexibility, enabling smoother data-sharing and collaboration across different departments and locations — all of which are vital in today’s work environments.
According to our research, about 60% of respondents in Ireland noted that their organisations are currently, or planning to, invest in cloud migration of payroll software, marking an evolution in the future of payroll. With so many businesses already on the cloud or moving to cloud-based solutions, it’s important to understand what a solution like this could look like for your business.
51% of HR Director respondents in Ireland
reported that speed and efficiency of payroll
processing is their biggest payroll challenge.
Cloud-based, scalable payroll solution
Hybrid working is a key theme of modern employment, making compliance and flexibility more challenging. Our cloud-based payroll solution, MegaPay On-Cloud provides employees with seamless payroll access anytime, anywhere. We place the highest emphasis on enterprise standards for data privacy and security, ensuring General Data Protection Regulation (GDPR) compliance and risk management. Accurate, on-time payroll is crucial for employee satisfaction.
The number of employees currently on your payroll is a crucial factor, but so is choosing a scalable solution that can grow with your business. It’s ideal for organisations prioritising remote work or operating in multiple locations, offering cloud-based payroll access from any internet-connected device.
Collaborating on payroll technology
No matter your business’s growth stage, two words should always guide payroll management: employee experience. Ensuring efficient payroll is key to job satisfaction, extending beyond timely, accurate payments. It involves creating a user-friendly, reliable, secure system that integrates seamlessly with HR. Engaging stakeholders early on is crucial to tailor the system to HR, finance, IT and other departments’ needs.
