Technology is far more than a tool for the commission of Paychex line of products Solutions (PBS). Without engineering, Paychex would not exist as the company it is today. Indeed, comparable in many businesses today, the personal calculator (PC) has become a extremity (Regan & O?Conner, 2002). By performing self-locking calculations for mingled paysheet formulas and maintaining an electronic entropybase, 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 bunt accounts. However, there are ways in which Paychex management could measure up the current use of technology much(prenominal) as interfacing alert programs and eliminating reprize entry. Examples of Technology Uses at PaychexThere are many ways technology is utilise at Paychex. Like many businesses, technologies such as electronic mail, advanced phon e systems, fax machines, and electronic data are integral to everyday business. However, there are otherwise uses of technology specific to the payroll business. Automatic CalculationsPerhaps the most(prenominal) useful industriousness 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 precisely too complex and leaves many opportunities for human error if make 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 coarse (Paychex Premier, 2007). By embracing technology for such calculations, management has do the task more accurate and fast than manual calculations. DatabaseAnother domain of a function in which Paychex depends heavily on technology, the keep of a Brobdingnagian customer database is crucial to everyday operations. instruction regarding a knob?s employees is often needed at a outcome?s notice. This... If you want to get a full essay, direct it on our website: BestEssayCheap.com
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