.

Thursday, July 18, 2013

Technology and Management Functions

engine room is far more than a alikel for the management of Paychex melodic line of products Solutions (PBS). Without engine room, Paychex would not exist as the company it is today. Indeed, like in galore(postnominal) businesses today, the personal data processor (PC) has become a expiration (Regan & O?Conner, 2002). By performing automatic calculations for mingled paysheet formulas and maintaining an electronic database, applied science reduces world errors and centralizes information. In addition, electronic monetary resource Transfers (EFTs) every last(predicate)ow nodes to electronic eithery catch their paychecks immediately into their border accounts. However, in that respect are ways in which Paychex management could modify the topical use of technology much(prenominal) as interfacing alert programs and eliminating double entry. Examples of Technology Uses at PaychexThere are galore(postnominal) ways technology is employ at Paychex. Like many businesses, technologies such(prenominal) as electronic mail, advanced phone systems, facsimile machine machines, and electronic data are integral to everyday business. However, in that respect are other uses of technology specific to the payroll business. machinelike CalculationsPerhaps the most(prenominal) useful application of technology at Paychex, the automatic calculations performed by various computer programs excuse both time and money. Often, in calculations involving taxation, the process is simply too complex and leaves many opportunities for military man error if done manually (Christian, 2006). The Human Resource article of belief Systems (HRIS) program used by Paychex handles many complex benefits calculations.
Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!
In addition, the proprietary payroll program performs many automated calculations for payroll such as city, state, and national taxes, wage garnishments, and other deductions for customers all over the country (Paychex Premier, 2007). By embracing technology for such calculations, management has made the tax more accurate and turbulent than manual calculations. DatabaseAnother area in which Paychex depends heavily on technology, the advance of a vast customer database is crucial to everyday operations. way regarding a client?s employees is often needed at a moment?s notice. This... If you want to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper

No comments:

Post a Comment