It’s no secret that managing a payroll in Europe is a time-consuming and error-prone task. Moreover, slip-ups often have far-reaching consequences, such as hefty fines and high correctional costs. Luckily, payroll software has developed in such a way that it can take over various payroll processes, such as collecting data, registering attendance, creating reports and handling declarations. The outcome: less mistakes and more data insights. Mainly Belgian, British and Dutch companies are big tech fanatics because of these benefits.
Using scalable, integrated and cloud-based payroll solutions, however, isn’t a given in every country. France still largely depends on on-premise systems, while a majority of German companies fail to see the return on investment.