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How much time would you save if you used payroll software? (Infographic)

Iris Software & Services presents.. Oiris The Benefits Of PAYROLLSOFTWARE When it comes to dealing with payroll, there are two primary methods; using dedicated payroll software, or completing the paperwork and other elements manually. So how do they compare? Calculations: Paperwork: Manual -1min Manual -1min Software-20s Software-10s Per staff member Per staff member Checking Legislation: PAYROLL ACTIVITY Calculating Days Worked: Manual -2min • • Manual -5min Software- 20s Software-20s Per month Per staff member Creating Reports: How Does This TldUp? Manual-2min • Software-20s Per staff member Manual Payroll Software Payroll Completing the payroll via Completing the payroll via the bespoke software would the manual method would take: take: 11 minutes 1 minute 30 seconds per staff member per staff member based on average timings based on average timings Even for a small company, the manual payroll method takes a considerable amount of time out of a manager's schedule, but what if you have 20 or 50 employees? How much time could you save using the dedicated software? 9 hours and 10 minutes Let's find out. Manual Method Software Method 3 hours and 40 minutes 1 hour and 50 minutes 1 hourand 15 minutes 30 minutes 15 minutes 10 Employees 20 Employees 50 Employees That means a typical payroll manager could be saving a significant amount of time every month by using payroll software as opposed to manual methods. In fact, in a company with 50 employees, the average payroll manager could save: 7 hours and 55 minutes every month by using payroll software rather than completing payroll manually. How could your company use this extra time? Let'stranslate this time into days-if a manager works 7 hours every day, how long would each payroll method take? Using the software payroll method, 2012 Using the manual payroll method, your payroll manager XX would spend 15.5 days each year working on payroll 2012 your payroll manager would spend 2 days each year on payroll, saving you 13.5 days - or 95 hours-every working year (vs manual method). Su M Tu W Th F Sa Su M Tu VW Th F Sa 3 4 5 8 9 10 11 12 XXX 17 18 19 13 14 15 16 17 18 19 20 21 22 23 24 25 26 20 21 22 23 24 25 26 27 28 29 30 27 28 29 30 SOFTWARE & SERVICES Iris Software & Services presents.. Oiris The Benefits Of PAYROLLSOFTWARE When it comes to dealing with payroll, there are two primary methods; using dedicated payroll software, or completing the paperwork and other elements manually. So how do they compare? Calculations: Paperwork: Manual -1min Manual -1min Software-20s Software-10s Per staff member Per staff member Checking Legislation: PAYROLL ACTIVITY Calculating Days Worked: Manual -2min • • Manual -5min Software- 20s Software-20s Per month Per staff member Creating Reports: How Does This TldUp? Manual-2min • Software-20s Per staff member Manual Payroll Software Payroll Completing the payroll via Completing the payroll via the bespoke software would the manual method would take: take: 11 minutes 1 minute 30 seconds per staff member per staff member based on average timings based on average timings Even for a small company, the manual payroll method takes a considerable amount of time out of a manager's schedule, but what if you have 20 or 50 employees? How much time could you save using the dedicated software? 9 hours and 10 minutes Let's find out. Manual Method Software Method 3 hours and 40 minutes 1 hour and 50 minutes 1 hourand 15 minutes 30 minutes 15 minutes 10 Employees 20 Employees 50 Employees That means a typical payroll manager could be saving a significant amount of time every month by using payroll software as opposed to manual methods. In fact, in a company with 50 employees, the average payroll manager could save: 7 hours and 55 minutes every month by using payroll software rather than completing payroll manually. How could your company use this extra time? Let'stranslate this time into days-if a manager works 7 hours every day, how long would each payroll method take? Using the software payroll method, 2012 Using the manual payroll method, your payroll manager XX would spend 15.5 days each year working on payroll 2012 your payroll manager would spend 2 days each year on payroll, saving you 13.5 days - or 95 hours-every working year (vs manual method). Su M Tu W Th F Sa Su M Tu VW Th F Sa 3 4 5 6 7 8 9 10 11 12 XXX 17 18 19 13 14 15 16 17 18 19 20 21 22 23 24 25 26 20 21 22 23 24 25 26 27 28 29 30 27 28 29 30 SOFTWARE & SERVICES Iris Software & Services presents.. Oiris The Benefits Of PAYROLLSOFTWARE When it comes to dealing with payroll, there are two primary methods; using dedicated payroll software, or completing the paperwork and other elements manually. So how do they compare? Calculations: Paperwork: Manual -1min Manual -1min Software-20s Software-10s Per staff member Per staff member Checking Legislation: PAYROLL ACTIVITY Calculating Days Worked: Manual -2min • • Manual -5min Software- 20s Software-20s Per month Per staff member Creating Reports: How Does This TldUp? Manual-2min • Software-20s Per staff member Manual Payroll Software Payroll Completing the payroll via Completing the payroll via the bespoke software would the manual method would take: take: 11 minutes 1 minute 30 seconds per staff member per staff member based on average timings based on average timings Even for a small company, the manual payroll method takes a considerable amount of time out of a manager's schedule, but what if you have 20 or 50 employees? How much time could you save using the dedicated software? 9 hours and 10 minutes Let's find out. Manual Method Software Method 3 hours and 40 minutes 1 hour and 50 minutes 1 hourand 15 minutes 30 minutes 15 minutes 10 Employees 20 Employees 50 Employees That means a typical payroll manager could be saving a significant amount of time every month by using payroll software as opposed to manual methods. In fact, in a company with 50 employees, the average payroll manager could save: 7 hours and 55 minutes every month by using payroll software rather than completing payroll manually. How could your company use this extra time? Let'stranslate this time into days-if a manager works 7 hours every day, how long would each payroll method take? Using the software payroll method, 2012 Using the manual payroll method, your payroll manager XX would spend 15.5 days each year working on payroll 2012 your payroll manager would spend 2 days each year on payroll, saving you 13.5 days - or 95 hours-every working year (vs manual method). Su M Tu W Th F Sa Su M Tu VW Th F Sa 3 4 5 6 7 8 9 10 11 12 XXX 17 18 19 13 14 15 16 17 18 19 20 21 22 23 24 25 26 20 21 22 23 24 25 26 27 28 29 30 27 28 29 30 SOFTWARE & SERVICES Iris Software & Services presents.. Oiris The Benefits Of PAYROLLSOFTWARE When it comes to dealing with payroll, there are two primary methods; using dedicated payroll software, or completing the paperwork and other elements manually. So how do they compare? Calculations: Paperwork: Manual -1min Manual -1min Software-20s Software-10s Per staff member Per staff member Checking Legislation: PAYROLL ACTIVITY Calculating Days Worked: Manual -2min • • Manual -5min Software- 20s Software-20s Per month Per staff member Creating Reports: How Does This TldUp? Manual-2min • Software-20s Per staff member Manual Payroll Software Payroll Completing the payroll via Completing the payroll via the bespoke software would the manual method would take: take: 11 minutes 1 minute 30 seconds per staff member per staff member based on average timings based on average timings Even for a small company, the manual payroll method takes a considerable amount of time out of a manager's schedule, but what if you have 20 or 50 employees? How much time could you save using the dedicated software? 9 hours and 10 minutes Let's find out. Manual Method Software Method 3 hours and 40 minutes 1 hour and 50 minutes 1 hourand 15 minutes 30 minutes 15 minutes 10 Employees 20 Employees 50 Employees That means a typical payroll manager could be saving a significant amount of time every month by using payroll software as opposed to manual methods. In fact, in a company with 50 employees, the average payroll manager could save: 7 hours and 55 minutes every month by using payroll software rather than completing payroll manually. How could your company use this extra time? Let'stranslate this time into days-if a manager works 7 hours every day, how long would each payroll method take? Using the software payroll method, 2012 Using the manual payroll method, your payroll manager XX would spend 15.5 days each year working on payroll 2012 your payroll manager would spend 2 days each year on payroll, saving you 13.5 days - or 95 hours-every working year (vs manual method). Su M Tu W Th F Sa Su M Tu VW Th F Sa 3 4 5 6 7 8 9 10 11 12 XXX 17 18 19 13 14 15 16 17 18 19 20 21 22 23 24 25 26 20 21 22 23 24 25 26 27 28 29 30 27 28 29 30 SOFTWARE & SERVICES Iris Software & Services presents.. Oiris The Benefits Of PAYROLLSOFTWARE When it comes to dealing with payroll, there are two primary methods; using dedicated payroll software, or completing the paperwork and other elements manually. So how do they compare? Calculations: Paperwork: Manual -1min Manual -1min Software-20s Software-10s Per staff member Per staff member Checking Legislation: PAYROLL ACTIVITY Calculating Days Worked: Manual -2min • • Manual -5min Software- 20s Software-20s Per month Per staff member Creating Reports: How Does This TldUp? Manual-2min • Software-20s Per staff member Manual Payroll Software Payroll Completing the payroll via Completing the payroll via the bespoke software would the manual method would take: take: 11 minutes 1 minute 30 seconds per staff member per staff member based on average timings based on average timings Even for a small company, the manual payroll method takes a considerable amount of time out of a manager's schedule, but what if you have 20 or 50 employees? How much time could you save using the dedicated software? 9 hours and 10 minutes Let's find out. Manual Method Software Method 3 hours and 40 minutes 1 hour and 50 minutes 1 hourand 15 minutes 30 minutes 15 minutes 10 Employees 20 Employees 50 Employees That means a typical payroll manager could be saving a significant amount of time every month by using payroll software as opposed to manual methods. In fact, in a company with 50 employees, the average payroll manager could save: 7 hours and 55 minutes every month by using payroll software rather than completing payroll manually. How could your company use this extra time? Let'stranslate this time into days-if a manager works 7 hours every day, how long would each payroll method take? Using the software payroll method, 2012 Using the manual payroll method, your payroll manager XX would spend 15.5 days each year working on payroll 2012 your payroll manager would spend 2 days each year on payroll, saving you 13.5 days - or 95 hours-every working year (vs manual method). Su M Tu W Th F Sa Su M Tu VW Th F Sa 3 4 5 6 7 8 9 10 11 12 XXX 17 18 19 13 14 15 16 17 18 19 20 21 22 23 24 25 26 20 21 22 23 24 25 26 27 28 29 30 27 28 29 30 SOFTWARE & SERVICES Iris Software & Services presents.. Oiris The Benefits Of PAYROLLSOFTWARE When it comes to dealing with payroll, there are two primary methods; using dedicated payroll software, or completing the paperwork and other elements manually. So how do they compare? Calculations: Paperwork: Manual -1min Manual -1min Software-20s Software-10s Per staff member Per staff member Checking Legislation: PAYROLL ACTIVITY Calculating Days Worked: Manual -2min • • Manual -5min Software- 20s Software-20s Per month Per staff member Creating Reports: How Does This TldUp? Manual-2min • Software-20s Per staff member Manual Payroll Software Payroll Completing the payroll via Completing the payroll via the bespoke software would the manual method would take: take: 11 minutes 1 minute 30 seconds per staff member per staff member based on average timings based on average timings Even for a small company, the manual payroll method takes a considerable amount of time out of a manager's schedule, but what if you have 20 or 50 employees? How much time could you save using the dedicated software? 9 hours and 10 minutes Let's find out. Manual Method Software Method 3 hours and 40 minutes 1 hour and 50 minutes 1 hourand 15 minutes 30 minutes 15 minutes 10 Employees 20 Employees 50 Employees That means a typical payroll manager could be saving a significant amount of time every month by using payroll software as opposed to manual methods. In fact, in a company with 50 employees, the average payroll manager could save: 7 hours and 55 minutes every month by using payroll software rather than completing payroll manually. How could your company use this extra time? Let'stranslate this time into days-if a manager works 7 hours every day, how long would each payroll method take? Using the software payroll method, 2012 Using the manual payroll method, your payroll manager XX would spend 15.5 days each year working on payroll 2012 your payroll manager would spend 2 days each year on payroll, saving you 13.5 days - or 95 hours-every working year (vs manual method). Su M Tu W Th F Sa Su M Tu VW Th F Sa 3 4 5 6 7 8 9 10 11 12 XXX 17 18 19 13 14 15 16 17 18 19 20 21 22 23 24 25 26 20 21 22 23 24 25 26 27 28 29 30 27 28 29 30 SOFTWARE & SERVICES

How much time would you save if you used payroll software? (Infographic)

shared by katherine on Jan 10
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The infographic gives a short summary of some of the common payroll related tasks that a manager would need to carry out on a typical day. It then looks at how long these tasks would take using both p...

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Iris

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payroll

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Business
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