Businesses usually consider updating their payroll solution for one reason – they have to. Usually because they’ve outgrown their existing system, or there’s been a major regulatory update that their system won’t meet. Single Touch Payroll, for example, prompted tens of thousands of Australian businesses to upgrade their payroll solutions and Payday Filing similarly impacting New Zealand.
Businesses typically outgrow payroll systems in two different ways. The company may be using a payroll system that has a capped possible headcount, and grow past that limit – such caps cannot be worked around, and always require migration to a larger system. The otherway a company may outgrow its payroll system is less absolute; manual processing of some payroll elements may make sense at a certain size, but no longer be practical afer a certain employee headcount is realised. In both these instances companies generally look to migrate to a new solution that will serve their needs for the next 5 – 10 years (at least).
Payroll system implementations are like any other change programme. They require intensive planning, which may be done independently or with a specialist provider like Sage. Our
payroll experts have identified ten common indicators of success when implementing payroll systems to help almost guarantee a smooth deployment which meets established budgetary, timeline, and capability targets.
Enjoy our insider’s guide to payroll and a smooth payroll transition.