Payroll Interview Questions

Q:

What are the benefits achieved by computerized payroll system?

Answer

With the computerised payroll systems -


=>You saved a lot of your time,
=>Your accuracy and efficiency is increased by many times.
=>Your are free from small and small human mistakes in calculation and linking etc.
=>Once master data is updated(CTC,Reimbursement), rest is taken care by the systems once input is given as and when salary is processed.
=>Better control is exercised.

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