The COVID-19 pandemic has tested every aspect of payroll. Companies have learned several important lessons in the past few months as businesses realize that they cannot be too reliant on manual payroll processes. Lessons Companies are Learning from the Pandemic Automation will be critical for business continuity in the post-pandemic world.  Many companies realize this and are replacing old, inefficient IT systems that use manual processes with systems that leverage modern technologies. The coronavirus pandemic caught everyone off-guard. No one was ready for it. Many businesses have learnt from their mistakes. The pandemic taught the importance of having a strategic [...]

Let’s accept it. Payroll processing is challenging. Your payroll processing team has to gather employee information, calculate employees’ gross and net pay, and ensure they are withholding the right amount of money for federal and state taxes. These are time-consuming tasks. Changes in the tax structure, employee regulations, and compliance issues can make payroll processing time-consuming and difficult to execute. It is important that you revisit your payroll processing at regular intervals to weed out operational inefficiencies and replace them with efficient processes. Here are some ways to improve your payroll processing from Virtual Jeannie Bookkeeping. Align Different Pay schedules [...]