Payroll: Relevant to Both HR and Finance

February 5, 2018 / GuidesFor Team

The article highlights the results of a survey asking employees if they see payroll as an HR or admin matter. One group elaborates that payroll belongs to finance. Payroll means paying for one’s employees. It involves money; thus, it belongs to finance.

On the other hand, others say that it belongs to HR. People who work under the company have their attendance, benefits, leaves, and taxes included in the payroll. It involves the human resources. Despite this confusion, businesses must admit that HR and finance must work together in order to streamline the payroll management.  Payroll software can help bridge this gap. “Lornajane Altura

 

Read the source article at theHRDIRECTOR

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