Paper payslips are a double-edged sword. On the one hand, they are the tried and tested and relied-upon method for the companies and payroll providers who prefer to continue with the status quo. On the other hand, they represent a considerable cost and resource drain for your business or bureau.
And for many that do go digital, the logical next step is to move to emailed PDF payslips. But as we've seen many times before, email is neither GDPR-compliant, nor does it come hassle-free (as so many would believe!).
LEARN MORE ABOUT EMAILED PAYSLIPS AND GDPR
The cost of printing your payslips
Let's talk about cost.
Almost inevitably, the decision to move from printed payslips to a cloud solution boils down to cost. Most businesses and bureaux are surprised to learn just how much they spend printing payslips and PAYE forms - particularly larger firms. To put this in perspective, a business that distributes 300 payslips per month (with 50% posted and 50% distributed in the office) could benefit from an annual saving of £1,136.50. PLUS: that same business could save 2.8 hours per month, or 33 hours of admin time per year. Imagine being able to automate those bitty admin tasks and freeing up your team's time for more strategic projects! The possibilities are endless.
Hear from your peers
Like any big decision, it pays to understand how others like yourself have benefitted from ditching printed payslips and moving to a cloud solution. In this free download, you can learn how businesses and payroll providers overcame those challenges to cut cost and improve efficiencies across their businesses.
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PayDashboard is an interactive cloud payslip that integrates with your payroll software to deliver an all-encompassing employee payday experience. PayDashboard means increased efficiencies for you, and access to fairer finance for employees.
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