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This guide defines the problems faced by HRs while running monthly payroll of employees along with the solution provided by modern payroll software. In traditional times HRs used to run payroll manually using paper pay slips which usually results in manual errors. These errors costs a huge sum to the organizations. In order to solves this problem the modern payroll software came in limelight. Modern payroll software generate accurate pay slips, calculate bonuses, expenses, holiday pay etc with minimum effort. This solution also provides data-driven results to management.
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