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The case against Microsoft's Excel as a
payroll program:
1.
As easy as Excel
is to manipulate to make your payroll process
easy, it’s equally easy for just about anyone to
do the same….manipulate. It can be a security
nightmare. Your payroll system can be
compromised if it hasn’t been already.
2.
Excel is easy to
manipulate but a challenge to make simple
structural changes (add a new allowance, remove
a deduction, give a general salary increase).
Such changes required an advanced level
knowledge of Excel and opens your payroll system
to user manipulation and error
3.
Excel can’t
produce your Annual TD5 forms at a click of a
button or two…not even 5 clicks
4.
Excel doesn’t
send an automatic email to the Accountant, CFO
or manager a complete audit report; details
comparison between last completed pay cycle and
the current
5.
Excel doesn’t
produce professionally looking pay slips
6.
Excel doesn’t
allow you to save by emailing pay slips instead
of printing and placing in envelopes
7.
Excel can’t apply
the local tax laws to automatically calculate
taxes, NIC
8.
Excel doesn’t
allow you to retrieve consolidated (by period,
by dept, by branch, by designation) reports for
analytics
9.
Excel doesn’t
have any provision for simultaneously sharing
the payroll spreadsheet while retaining strict
security protocols
10.
Excel’s
spreadsheets are too delicate, formulas can get
easily corrupted
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