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Professional June 2022

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Issue 81 June 2022 PROFESSI NAL in Payroll, Pensions & Reward Official publication of The Chartered Institute of Payroll Professionals

All systems go!

The rise of the payroll robots? How robotic process automation can enhance the payroll function

The hybrid working era

Payroll’s role in financial well-being As we face a cost-of-living crisis, how can payroll teams support staff?

How do hybrid and fully remote working practices impact expenses?

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Editor’s

comment

Welcome to another sparkling new issue of Professional . The theme of the June magazine centres on something the modern payroll professional arguably couldn’t perform their job without – software and systems. Technology can serve to enhance the role

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of the payroll department, by dealing with some of the more routine administrative and transactional tasks. As a result, payroll professionals have time to commit to the more intricate elements of payroll and can start to explore how they can add strategic value to an organisation. With the current cost-of-living crisis, this invaluable time could even be spent investigating how payroll teams could assist employees with financial well-being. Turn to page 20 to discover what a team of experts think about the evolving role of payroll systems. In the same vein, this issue also includes interesting articles covering robotic process automation (page 36) and how payroll teams within accountancy firms can use technology to boost their value (page 38). Our hot topic this month focuses on an area that’s recently seen a flurry of activity – pensions. Flick to page 50 to read about the issues posed by pensions >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56

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