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Celebrating National Payroll Week – Why it counts

It’s National Payroll Week in the UK – an initiative organised by the Chartered Institute of Payroll Professionals (CIPP). It aims to demonstrate the importance of efficient payroll to the economy. Payroll is crucial in business management and employee satisfaction. If payroll processes are locked down and run well, businesses will flourish. If they’re not, payroll can be an administrative nightmare, shifting the focus away from what business owners love doing. Whether you are an accountant acting on behalf of your client, or a small business owner managing the payroll yourself, here’s how the right payroll software can help: For accountants: Payroll management has historically been the bain of an accountant’s life. They know their clients don’t want to get employee wages wrong. By combining a smart payroll system like Xero Payroll with Xero, it’s far easier to get the job done efficiently, and quickly. Xero Me is an employee app that works with Xero Payroll. You can track time, mark holidays on a calendar and populate payslips. It’s not difficult to sell the benefits of the app to your clients – not only is the user experience seamless, but they gain the satisfaction of having all their important information in one place. It also means employees and employers benefit from more detailed reporting of their day-to-day activities. There’s no need to manually input data from other spreadsheets. By using payroll software that automatically integrates with your accounting software, you don’t have to keep track of all the changes your team make or post journals. There are a number of Xero partners saving time with Xero Payroll. Take Xero Gold Partner, David Hassel, Managing Director of DH Business Support and co-owner of XU Magazine. Xero Payroll has saved his firm twelve minutes per client per month. He’s reduced the time spent on admin tasks that detract attention away from helping the businesses he works with thrive. As David explains: “When it comes to small businesses we don’t just want to give people a history lesson every year – we want to give them actionable insights that affect their business decisions…

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