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System trends overview

Accounting software trends

CRM software trends

HR software trends

Payroll software trends

Cloud computing pros and cons

Cloud computing and security

Software vendor consolidation

Quickly and easily gather your payroll system requirements and prepare your RFI & RFP.

Learn more about the

Payroll Software RFI/RFP Template

Payroll Software

Current trends

The continued growth of web-based and web-enabled Payroll software and systems, including:

  • SaaS / Cloud computing - fully online Payroll software
  • Hosted or combined online / on-premise Payroll software services and systems
  • ESS (Employee Self Service) within Payroll software eg to view pay and tax history, and view / amend personal data, benefit details, bank account details
  • e-payslips / pay stubs
  • Web interfaces and mobile apps eg for time recording, e-expenses
  • Workflow functionality integrated within Payroll software
  • Improving reporting, analytics and business intelligence
  • Electronic tax filing eg for payroll returns


Non-web Payroll software trends - continued growth of:

  • Regulatory compliance
  • Integration of Payroll software and Human Resource software
  • Integration with Time and Attendance (time recording and tracking of employee hours)
  • Globalisation with Payroll software capable of handing international payrolls
  • Electronic Funds Transfer (EFT) / direct deposit into employee bank accounts (and reduction of cheque payments)
  • Payroll debit cards for employees without bank accounts
  • Improving payroll efficiency


Payroll market trends - continued growth of:

  • Outsourcing Payroll software and services to SaaS, bureau or other outsourcing providers
  • Competition in the Payroll software market
  • Vendor consolidation


For a list of the top 15 essential criterion for good payroll software visit: Payroll Software Criteria

Or, if you are about to select new payroll software and need to specify a full list of requirements, then visit the Payroll Software RFI/RFP Template which lists thousands of criteria.


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