Here’s How To Secure Your Payroll Service

If you’re heading a firm or overseeing payroll operations of an organization, you must’ve come across the term ‘payroll fraud’. With up and coming third party companies claiming payroll proficiency, the outsourcing market for payroll has taken quite a hit when it comes to security. That being said, payroll, alone is a process that requires a lot of manpower, accuracy, and efficiency. Sometimes, payroll outsourcing Thailand is the only way out.

But, here comes the most important question. How can you keep your sensitive company data, employee accounts, and more safe and secure while outsourcing your payroll?

We can help. We have rounded up payroll security into 5 pointers for you.

Update Your Payroll Software

Why go for a modern software when the old one is working just fine, right? While you’re trying to save a few bucks, your old software system is failing to fight advanced hacking measures. That is probably why our Thai Payroll company believes in working with state-of-the-art software solutions to make sure your data stays protected- now and always.

Limit Your Payroll Access

Outsourcing payroll typically means handing over sensitive information to third parties and expecting nothing bad happens. But instead of blindly putting all your faith in them, why not restrict sensitive information and only allow limited access- for example to the few personnel who are personally manning your organization. This one power move can increase your data security significantly.

Fish Out Phishing Schemes

We are all aware of those suspicious workplace mails that asks employees for their personal information. One of the major payroll security setbacks reported the unawareness of employees against ‘phishing’ schemes like these. We recommend training or educating employees so that they can report these scrupulous activities the moment it crops up on the screen.

Prioritize Protection of Physical Data

You have been prioritizing online security so much, that you’ve forgotten all about the physical data present on your person. Don’t worry, you’re not alone. Most companies focus on online security, sidelining physical data theft. To tighten your payroll security, our payroll outsourcing firm recommends taking due measures to make sure your physical data- as in old records, files, CDs, desktops and more are secured properly.

Upgrade Your Disposal System

Securing your present data is not just enough. The trick is to create a 360-degree security and that includes ensuring disposal of your old, existing physical data is being done accurately. Backup your old data on a secured cloud if needed and clean out old storage cabinets and files carefully so that it doesn’t land up on the wrong hands.

Payroll Processing is a meticulous job, no doubt. Carrying out an entire process alone cant be quite difficult. However, with proper security measures in place and a sturdy protection protocol in lieu, you can outsource your payroll and keep it protected at the same time.

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3 Common Payroll Mistakes and How to Avoid Them

Payroll is undoubtedly, an integral part and parcel of any organization. From reputation management to compliance, from employee satisfaction to record maintenance- accurate payroll processing can be quite rewarding. However, payroll is anything but easy; something that more and more growing companies are realizing throughout their expanse. This is probably why most companies are putting their faith on payroll outsourcing service; a smart and agile way to get the payroll processing done without investing in-house time, effort, and resources.

However, for the ones who are not yet at par with the idea of outsourcing, let us acquaint you with some of the common mistakes companies are making and how they can be solved.

Setbacks in Record Keeping

Not maintaining a clean and clear record of your payroll can be catastrophic to your business. This is not just beneficial from the compliance point of the business. Proper record keeping can also benefit your business and employees too. At the same time, record keeping to the tee can also eliminate a lot of unforeseen issues triggered by market changes or legislation modifications. A simple way to deal with flawless record keeping is to switch from manual reports and files to a software based storage system.

Failing To Have an Iron-clad Backup

On an usual day, let’s say, your company relies a lot on the payroll management team and possibly your computer storage systems for data backup. Now imagine, the computer crashing or your payroll management team undergoing hires or terminations. Can you really afford to lose out on crucial data just because of trivial factors like this? Your valuable data needs a safe and secure system backed by state-of-the-art technology to make sure no setbacks hamper the data storage. Once again, we recommend a veteran software system or engaging in payroll outsourcing to Thailand where you can get some of the best payroll outsourcing organizations.

Trouble With Compliance Control

Sure your payroll processing team is aware of the rules and regulation changes; but how efficiently are we implementing the changes in the system? Did the sudden modification in law hamper the steady payroll process in your organization? Instead of engaging in late night overtimes and manual labor, why not opt for an intelligent working module where payroll experts backed by high-end software solutions automatically updates your process without causing any integration problems?

Now, we know incorporating a world class payroll software solution isn’t always easy- both fiscally and in terms of introducing a new concept to your payroll team! That’s why most companies rely on payroll outsourcing service Thailand. These outsourcing companies employ the best in industry payroll experts and have access to exclusive payroll processing technologies to make your job not just easier but efficient too.

Main Source: This Post “3 Common Payroll Mistakes and How to Avoid Them” appeared first on “timebusinessnews.com”