3. Benefits of a computerised payroll system

Why did businesses see the benefit in changing to computerised payments?

- To save having to repeat the same calculations over and over again each weekcalculator

- Using a computer is much faster than calculating wages manually. This reduced the number of cashiers needed and saved money paying their wages

- Computers are more accurate than calculating wages manually. No matter how careful you are, it is easy to make a mistake when adding up lots of numbers.

- Security. If payments no longer needed to be paid in cash then there was no need to keep large sums of money on the premises

Now it is absolutely normal for companies to expect you to have a bank account. There are very few businesses which still pay wages at the end of the week in cash.

 

Challenge see if you can find out one extra fact on this topic that we haven't already told you

Click on this link: automated payroll system