Currently, there are many payroll accounting systems on the market – some companies choose to use a singular system for accounting, other companies decide to use separate accounting and payroll accounting systems. There are also companies that still do calculations outside of systems – they use simple and accessible tools like spreadsheets, that are available on the Internet, or even the good old Excel spreadsheet.
Senior Account Manager Ernestas Švoba and Project Lead Aistė Armanavičiūtė from “Lewben” Finance & Accounting company “Nordgain” share an article about when a growing company should start considering implementing modern payroll accounting systems and what benefits do they bring.
Whole article in Lithuanian available here.
This article was also published by business news portal vz.lt (in Lithuanian).