Cloud Payroll Software - Dynamics 365 Business Central, Wiise & MYOB Advanced
You can easily manage payslips, rosters, online timesheets and payroll using powerful all-in-one cloud solutions that integrate seamlessly to Microsoft Dynamics 365 Business Central, Wiise and MYOB Advanced.
How We Can Help Your Cloud Payroll Journey?
Implementing a payroll solution is a crucial process for any organisation to ensure accurate and timely compensation for your employees. Here's an overview of the steps involved in implementing a payroll solution:
Needs Assessment
Begin by assessing your organization's specific payroll requirements. Consider factors like the number of employees, payroll frequency, and any unique payroll processes or regulations.
Select a Payroll Solution
Research and choose a suitable payroll solution that aligns with your organisation's needs. Ensure it complies with the full requirements of the business and supports Awards etc if required.
Data Migration
Gather existing employee data, payroll records, and tax information. Transfer this data to the new payroll system accurately. Data accuracy is critical.
Set Up Payroll Parameters
Configure the payroll system with relevant parameters, such as pay rates, deductions and tax withholding tables. Ensure the system reflects your organisation's compensation structure.
Employee Onboarding
Introduce the new payroll system to employees, providing training and support for any new processes or self-service features they may use. Some solutions provide thsi capability as part of the software.
Direct Deposits and Payments
Set up the system for direct deposit payments as determined by your organisation's preferences.
Time and Attendance Integration
Integrate time and attendance systems with payroll to automate accurate time tracking, which is often critical for calculating pay.
Testing and Validation
Conduct thorough testing to verify the system's accuracy. Validate sample payrolls to ensure employees receive the correct compensation.
Parallel Run
Before fully transitioning, run parallel payrolls with the old system to cross-verify results and ensure a seamless transition.
Compliance and Reporting
See the appropriate section.
Security and Access Control
Implement strict security measures to safeguard payroll data. Define access controls to restrict unauthorised personnel from making changes.
Documentation and Training
Document payroll processes and provide training materials to employees and payroll administrators. This helps ensure a smooth transition and ongoing operation.
Go-Live and Support
When you are confident in the system's accuracy, schedule the transition. Provide support during the initial periods to address any issues that may arise.
Ongoing Maintenance
Regularly update the payroll system to accommodate changes in tax laws, regulations, and organisational needs. Stay vigilant to maintain data accuracy.
Feedback and Improvement
Gather feedback from payroll administrators and employees to identify areas for improvement and refine the payroll process.
Implementing a payroll solution is a complex but essential task for businesses to manage their workforce efficiently and ensure accurate compensation. Careful planning, accurate data migration, and ongoing maintenance are key to a successful implementation.
CloudFactory take immense pride in offering a comprehensive suite of cutting-edge services that caters to all your Payroll and Human Resource requirements. Our expert team is committed to delivering top-notch solutions that seamlessly integrate into your business processes, optimising efficiency and streamlining operations. From Payroll to ERP implementation and customisation to ongoing support and maintenance, we are your trusted partner in navigating the cloud-based world of business solutions. With a client-centric approach and a focus on innovation, we empower businesses of all sizes to achieve scalability, enhance productivity, and unlock their true potential.
Whilst our projects do tend to feature end to end transformation due to integration across the business, notwithsanding pure General Ledger integration, we can help with specific solutions for Dynamics 365 Business Central customers as a stand-alone project. Please do contact us to learn more about the right payroll solution for your business!
MYOB Advanced Payroll Management
A comprehensive payroll solution that is easily set up and the interface and user roles can be customised to meet your needs.
WIISE Single Touch Payroll
An all-in-one workforce solution that empowers employees, streamlines processes and ensures compliance.
Employment Hero
A cloud-based workforce management solution that automates data flow from employee rosters, timesheets and reporting.
Free Initial Assessment
Book a free initial assessment with us where we understand your business problem and suggest a solution which suits you best and ensures growth for your business.
