The word ‘automation’ is difficult to avoid when describing Paychex Europe Lessor Payroll. The payroll system is highly automated. This does not mean that manual tasks are completely eliminated once and for all. However, there is a wide range of tasks that you, as a payroll professional, no longer need to worry about when running payroll in Lessor Payroll.
You save a lot of time, make fewer mistakes, work more efficiently, follow the rules, get the latest information, and use better reporting tools when you use an automated payroll system like Lessor Payroll. This also lets you spend more time on other important work. Read on to discover which automated processes Lessor Payroll offers – before, during, and after payroll processing – and how they can significantly ease your daily work.
Automation before payroll processing
Many elements must be in place before posting payroll. In Lessor Payroll, many of these processes are automated.
When you add a new employee in Lessor Payroll, the system puts them into a group. This means things like holidays, extra days off, benefits, pension, ATP payments, and reports are added automatically. You do not have to remember to handle these payments yourself.
Upon creation, employees in Lessor Payroll are also automatically registered with eIncome. This means automatic retrieval of tax cards and automatic updates if changes occur.
You can also automatically share important employee information with your HR system.
Automation during payroll processing
When payroll is posted in Lessor Payroll, the next set of automated functions is activated, such as the generation of:
- Files for eIncome
- Payment files for Mastercard Payment Services
- Payslips for e-Boks
- Financial posting files
Automation after payroll processing
After payroll is finished, you can use partly automated checks for reporting to eIncome and Feriepengeinfo. You can quickly download files and upload them straight into the system.
Clear advantages
The benefits of automation are clear, as you:
- Eliminate the need for manual data entry and calculations
- Reduce the risk of errors
- Handle large volumes of data quickly and efficiently
- Ensure compliance with applicable payroll, tax, and social security regulations
- Use reporting tools that help you see things like how salaries change in the company
If you would like to learn more, read more about Lessor Payroll.
