Payroll Update Plan: Fill & Download for Free

Robotic Process Automation (RPA) can streamline workforce management by enabling real-time agility by linking and synchronizing databases in HR, sales, and payroll updating and analyzing data and automatically triggering emails and text messages keeping employees informed.Demand and supply planning has historically been a time-consuming project that required searching and hunting for tidbits of data, standardizing and formatting them, running simulations, finding out exceptions, and finally confirming and communicating the demand and supply plan.This is what the RPA bots do best - They automate these steps and streamline the whole demand and supply process. These bots can do it at a fraction of the time and with 100% accuracy.The use case that shows how RPA can streamline the work-force:TMF Documentation in ClinicalThe process creates more than 600.000 clinical documents each year, which must be uploaded, indexed, and archived in their EDMS (Electronic Document Management System) with requirements to filenames, document categories, and many other metadata. This process was handled manually and required lookup in various spreadsheets for naming conventions and metadata in addition to the interface with the EDMS, taking up to 12 minutes per document.After Implementing RPARPA allows the user to attach the document in a form on their intranet, and through a number of drop-down boxes specify the meta-data, otherwise found in spreadsheets, and manually typed into the EDMS interface. The user now only interacts with the intranet, resulting in a reduction in the need of EDMS licenses, and saving the user approximately 9 minutes per document.• Positive break-even in only a few weeks• Significant FTEs saved yearly• Reduction in EDMS user license costs amounting 2.5 million DKK• Improved indexing consistency, shorter filing time & better user experienceRPA will surely improve your business performance across the board and strengthen your company’s competitiveness and no matter how far you and your company are in the RPA process.To know more, click here!

A few years ago I was working as a consultant in charge of implementing HR and payroll software. I had a small project team but wasn't their line manager. One of my duties was to keep an up to date project plan of how the various implementations were going and conduct regular calls with the clients.There was one particular customer who a senior manager decided to shadow me on. She said it was to learn my job which was something we all hated. We preferred it when senior managers stayed in their office and left us alone as they caused havok like this!I was off one day and asked a colleague to stand in for me on the project call, completely normal, she would just run through the project plan provided by the project coordinator, there were no problems with the project so not much for her to do. I came in the next day to a real storm going on! There was an email from the manager of the project coordinator saying I had not updated the project log in 2 weeks and so the call was a disaster as nobody knew what anyone was talking about and the senior manager was appalled. I got pulled into my managers office and, in a fairly nice way, interrogated about the mistake and asked if there was any underlying problem with my work. I was rather confused as I gave a full project update to the coordinator before I left. I said to my manager, one minute, let me go and get my laptop and either prove this isn't my fault or I will admit I made a mistake and apologise. I got my laptop, produced an up to date project plan and then opened the emails sent out by the coordinator on the day I was off, he had simply sent out the wrong plan!Now I understand that everyone makes mistakes and having a senior manager jumping up and down causes stress and knee jerk reactions however, an email had gone out to the whole team saying I had made an error and that needed to be retracted. I knew the manager of the coordinator team was a bit awkward and I was prepared to take things formal to demand a retraction of her statements but as it happened this wasn't needed. She sent out an email admitting she made a mistake and blamed the wrong person within half an hour of finding out the true cause so all was resolved.

Every year $845 payed as penalty charges, because of filling late or incorrect payments, this is the average amount that paid by small businesses. Small business owners are not experts in the challenging world of government tax regulations. At the same time, they are legally responsible for any cases of misrepresentation or a failure to accurately report employment taxes to federal and state government agencies.Where outsourcing firms have team of experts. Because most of the business owner and payroll related staff don't have much time and resources to update their knowledge box according to the changing polices of rates, regulations and other government forms.The payroll company's expert team handles all areas of HR and payroll. Some of them handles the administration of benefits and deductions in the payroll system, employees compensation experts, who would administer the changing of class codes should a job change for an employee, human resource experts who would help in employee issues and HR strategy. Also, if your payroll service has the ability to offer a 401k plan, that is an added benefits as those transactions are also involved in the payroll administration. Make sure you engage a qualified team of experts who can administer all the aspects of your HR and payroll needs