Technology and Management Functions

Technology is far more than a tool for the solicitude of Paychex line of products Solutions (PBS). Without engine room, Paychex would not exist as the company it is today. Indeed, comparable in many businesses today, the personal computing device (PC) has become a extremity (Regan & O?Conner, 2002). By performing self-activating calculations for mingled payroll formulas and maintaining an electronic selective informationbase, technology reduces world errors and centralizes information. In addition, electronic Funds Transfers (EFTs) every last(predicate)ow customers to electronically receive their paychecks immediately into their mould accounts. However, there are ways in which Paychex management could switch the current use of technology much(prenominal) as interfacing alert programs and eliminating ternary entry. Examples of Technology Uses at PaychexThere are many ways technology is employ at Paychex. Like many businesses, technologies such as electronic ma il, advanced phone systems, fax machines, and electronic data are integral to everyday business. However, there are another(prenominal) uses of technology specific to the payroll business. Automatic CalculationsPerhaps the most(prenominal) useful exertion of technology at Paychex, the automatic calculations performed by various computer programs save both time and money. Often, in calculations involving taxation, the process is apparently too complex and leaves many opportunities for human error if through manually (Christian, 2006). The Human Resource teaching Systems (HRIS) program used by Paychex handles many complex benefits calculations. In addition, the proprietary payroll program performs many automated calculations for payroll such as city, state, and federal taxes, wage garnishments, and other deductions for customers all over the rustic (Paychex Premier, 2007). By embracing technology for such calculations, management has make the task more accurate and fast than ma nual calculations. DatabaseAnother discipli! ne in which Paychex depends heavily on technology, the keep of a colossal customer database is crucial to everyday operations. instruction regarding a node?s employees is often needed at a indorsement?s notice. This... If you want to get a full essay, roll it on our website: BestEssayCheap.com

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