Tag: payroll automation
Automation is reshaping payroll management
In the past several years, Ayanda's workload has grown significantly. As a payroll administrator, she works more closely with the payments team in the finance office. They often have more questions due to remote and hybrid working and frequently look to her for answers.
The effect of AI on innovation in payroll
Innovation cycles are a key catalyst for growth and play a critical role in both entrepreneurship and economic development. The term ‘creative destruction’ was first coined in 1942 by economist Joseph Schumpeter. It refers to the dismantling of traditional business and economic models to pave the way for revolutionary technologies and innovative processes to improve the way things are done.
Automate payroll to stay in SARS’ good books
Automation can help businesses decrease the R7.2 billion lost to admin. We’re racing towards the end of another tax year and we have heard about the Finance Minister’s proposed changes for the 2020/21 tax year. Not too long after Minister Tito Mboweni unveils changes to PAYE and other taxes during his budget speech on 26 February, the season for Employer Annual Reconciliations will open.
