As an accountant, you may already be very aware of the role modern technology has to play in the industry. However, an often surprising number of qualified accountants in Ireland report that they feel the pace of change in modern
Category: Payroll
Statutory sick pay bill 2022 – All you need to know as an Irish employer
In March 2022, the government approved a new bill that grants all workers the right to paid sick leave. Created by The Tánaiste and Minister for Enterprise, Trade and Employment, the Bill will allow Irish employees to enjoy mandatory sick
PAYE Modernisation: How Payroll Software Supports Modernisation
In 2019, Ireland introduced real-time reporting for Pay As You Earn (PAYE) systems for employers and employees. PAYE modernisation ensures Revenue Commissioners have the correct information on businesses. With real-time reporting, an employer must prepare and report the workers’ salaries
Why Do Accountancy Professionals Need to Invest in Modern Technology?
Technological innovation has changed many aspects of modern commerce. Business practices are increasingly digitised these days and both accounting and bookkeeping are no exceptions. After all, digital resources are now available for many aspects of financial record keeping that help
How To Manage Payroll for a Small Business?
Managing payroll is easily one of the most delicate and tedious tasks required to run a small business because it needs to work accurately and on time every month. You need a reliable system that can. Calculate pay checks putting
What Is Payroll Bureau Service? How Does a Payroll Bureau Work?
Processing payroll can be a minefield for small businesses. You have to ensure your employees have the correct tax codes and are up-to-date with the deductions and employers’ contributions. The accuracy of your computations can also make or break your
Cloud-Based Payroll Software: How it Can Be Beneficial for Your Business?
Cloud-based software is used very successfully in many areas of commerce these days. It also has a significant role to play in the payroll functions of numerous businesses these days, both large and small. Very few enterprises rely entirely on
How Digital Banking is Affecting the Payroll Industry
Digital banking saw a marked uptake with the Covid-19 pandemic, with many Irish consumers who had never used online banking going digital for the first time. Apps such as Revolut and N26 have revolutionised personal banking, with offerings that are
Overview of Payroll for Small Business
Managing payroll for small business requirements means being able to operate at a small scale. After all, a small Irish enterprise might operate with just one or two employees nowadays. However, all business models are designed to grow. As such,
An Overview of Business Intelligence Software
Nowadays, organisations gather vast amounts of data from various management systems like ERP or CRM. Unfortunately, most businesses struggle to stay on top of the data since they lack systems to analyse and generate useful information. That’s where business intelligence
The Benefits of a Payroll Management System
It is not just payroll managers who can benefit from a staff payroll management system. The entire organisation should also benefit from a number of advantages from a well-designed system like Quantum Payroll. This versatile software means that financial decision-makers,
What Will You Consider Before Choosing Cloud Payroll Software
Business competition is becoming stiff, and small businesses must improve workplace efficiency and speed. With everyone digitising their offerings, it is challenging for small businesses to keep up with customers’ needs. If you have to deal with manual payroll systems
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