BUSINESS INFORMATION SHEETS > INFORMATION TECHNOLOGY > SOFTWARE SOLUTIONS > Payroll software (IT 4)
Payments on time
Good payroll software does more than just calculate wages and print payslips. It enables you to gather information on your employment costs and to keep track of individual employees.
One of the strengths of the best packages is the range of extra modules that can be bought as add-ons. These give you the option of expanding the capability of your payroll software to cover specific tasks, such as automatic bonus calculations and BACS transfers.
This briefing tells you:
- If you are likely to benefit from using payroll software.
- The advantages and disadvantages of using payroll software.
- How to purchase suitable software.
See Choosing accounting software, IT 2 for information on how to select the right package.
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