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Top 5 Back-Office Functions That Should Be Automated

Automation Anywhere

Disruptive technologies – like intelligent automation (RPA+AI) – are helping chief experience officers (CXOs) re-invent their business operations by bringing in optimizations. According to EY estimates, automation of back-office work could provide companies with savings of about 20% to 60% of baseline full-time employee (FTE) costs.

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Understanding complexities in managing Cross Border Payroll

Neeyamo

Payroll departments operate at the intersection of Finance and HR functions. While in some organizations, payroll aligns closely with HR, in others, they report directly to their heads of finance. Read on to find out! Here are the complexities that an organization is bound to face while managing global payroll.

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From Roman Tax Collectors to Global Business Partners: A History of Outsourcing

Premier BPO

Outsourcing, the practice of contracting out business processes to external providers, has a long history that spans centuries. Companies started outsourcing more complex functions such as payroll, human resources, and customer service. Empires Outsource for Efficiency Outsourcing can be traced back to ancient civilizations.

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6 Ways To Optimize Your Payroll Management System

Outsource Workers

Payroll management entails calculating many components, like basic salary, overtime wages, allowances, bonuses, and taxes, to name a few. Fortunately, you’ll be happy to know that payroll management can be optimised and simplified by going further than installing new payment management software or making small changes.

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6 HR Processes Ripe for Intelligent Automation

Automation Anywhere

Your human resources department (HR) is more than ready for an automation overhaul. Small a wonder that HR departments are accelerating the adoption of Robotic Process Automation (RPA) solutions, particularly intelligent automation, which is RPA embedded with artificial intelligence (AI).

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A Guide To Analyse Payroll Challenges Faced by Small and Medium Organizations

Paysquare

However, in between this chaos, a series of organizations faced issues with payroll. The HR team was given the task to motivate employees, engage them, and encourage them. In between these important activities, it not possible for the HR team to manually calculate payroll, dispatch salaries, and manage deductions.

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How Automated Technology Can Re-Energize Your Global HR Team’s Hiring Process

Globalization Partners

The popularity of AI-based applications is rapidly growing in various sectors and Human Resources is no exception to this trend, as implementing automated technology into the HR workflow frees up staff from a tremendous amount of routine and mundane work. These include payroll, timekeeping, and the onboarding of new employees.