News & Blog
CWPS Sick Pay Update for Construction Firms
All payroll clerks, financial directors and HR professionals who work with firms involved in the construction industry in Ireland should take note of a judgement which has changed the way the law is interpreted with respect to sick pay contributions.
Pay Rises – How Should You Respond to Such a Request?
The topic of a pay rise can be a tricky and sensitive one to navigate around for employers and employees alike. Not only is this due to the impacts of an economy in which many people are feeling the strain;
How to Harness AI for Business Growth
In today’s competitive business landscape, you have to embrace innovation and technology to gain a competitive advantage and excel in your industry. Artificial intelligence has become a transformative tool for leveraging innovation and automation. The transformative potential of AI can
Pensions Auto-Enrolment: What Employers Need to Understand for Payroll and Time and Attendance Monitoring
Auto-enrolment onto a government-led national workplace pension scheme is due to begin as of January 2025 throughout Ireland. This means that employers need to gear up for the changes in more ways than one. The government has been trying to
Why Switching to Time and Attendance Software Can Simplify Holiday Time-Tracking Processes
Many businesses use time and attendance systems to account for their employees’ whereabouts. They can be particularly crucial if you have workers who provide services in the field rather than from a centralised headquarters, for example, since workers who are
Understanding Payroll
Establishing a good payroll system is a core part of all growing businesses. If you want to achieve sustained growth and success, you’ll need to bring a team along with you; making sure they’re paid right and on time is
Are You Entitled to Tax Relief on Your Health Insurance?
Do you pay your employees’ medical insurance annually? Whether you are paying a percentage or full health insurance cost of your employees, they are liable for tax on the amount you pay. When you pay medical insurance premiums for your
When Is the Right Time to Switch to an Updated Time & Attendance Management System?
Still using traditional methods to track employees’ attendance and time? Well, imagine this scenario. An employee walks into the office and signs an attendance sheet. While they leave early, they sign out at the required time. When the payroll team
What Does Pension Auto-Enrolment Mean For Your Business?
First proposed as far back as 2006, auto-enrolment in workplace pensions schemes is about to become the legal reality for large numbers of Irish workers. Anyone who earns more than €20,000 a year and who is aged between 23 and
5 Ways Our Time and Attendance Software Could Help Save Money for Your Cleaning Company
Monitoring employee timekeeping and attendance was once a long, tedious process that was difficult to keep track of and some could easily avoid. With modern technology there is the potential to make this easier – if you know how. For
Snow Technology Becomes Official UKG Channel Partner for Time and Attendance Systems in Ireland
We are thrilled to share some exciting news with our valued clients and partners. Snow Technology, developers of Quantum Payroll Solutions are proud to announce that we have become the official UKG (Ultimate Kronos Group) Channel Partner for Time and
Integrating Time and Attendance with Quantum Payroll Streamlines Operations
In Ireland, many businesses make use of time and attendance systems nowadays. Every type of business, regardless of how large or small it may be, needs to focus on the expenditure it creates from workflows, especially with respect to labour
Managed in-house vs outsourced payroll: Which is suitable for you? (Part 2)
As a business owner, your employees are the top priority. You ensure they are paid accurately and on time. When managing your payroll, you have two options; recruiting an in-house payroll team or outsourcing the services to a third party.
Why You Should Integrate Time-Attendance With Your Payroll Software
Managing employees’ time and attendance is challenging for most small businesses. Hence, integrating your time and attendance system with your payroll can help you solve the biggest headaches of managing your business. When you improve efficiency in tracking employees’ time,
When Should Cleaning Companies Upgrade Their Payroll Software?
Essential for any cleaning business that wants to protect against human error while streamlining processes and improve the efficiency of its payroll operation, an integrated payroll platform is the ideal solution. For many contract cleaning companies in Ireland, payroll will
Why Choose Payroll Outsourcing Over In-House Processing?
Outsourcing your company’s payroll offers distinct commercial advantages. As you may already be aware, Snow’s external payroll system means you won’t have to pay for an accountant or payroll professional to process your weekly or monthly staff payments. Equally, you
How Does the Business Energy Support Scheme Work?
Due to low consumer demand and skyrocketing energy bills, businesses face uncertain times. As a way to support businesses during inflation, the government, through the 2023 budget, announced multiple strategies to help them stay afloat. Aside from providing special cost-of-living
Why is Gender Pay Gap Reporting Important in Ireland?
Times are changing fast for Irish businesses. From 2025 those with just 50 or more employees will be required to report their gender pay gap (i.e. the difference in average wages between men and women), compared to those with more
How the Introduction of the National Living Wage Affects SMEs
In an effort to improve workers’ terms and conditions and eradicate low-pay employment, Leo Varadkar, the Tanaiste and Minister for Enterprise, Trade and Employment, has announced a National Living Wage. The National Living Wage in Ireland will be 60% of
5 Essential Steps for Protecting Your Payroll
Payroll is serious business – without it no professional company could function effectively. It ensures employees get paid on time, which also means it contains sensitive personal data about them. At a time when cyber security is more important than
Year-End Payroll – What You Need to Know
Whether you are a finance director and directly responsible for year-end processes or manage just part of the financial side of a business – including payroll managers, for example – December can be a busier month. In Ireland, the modernisation
Everything You Need to Know About the Small Benefit Exemption Scheme
As the year ends, the lead-up to the holidays is hectic for employers as they juggle holiday pay, Christmas bonuses, and annual leave. Christmas bonuses put a smile on your employee’s faces and are a way of saying thank you
Snow Technology Recognised Among the Best Payroll Service Providers
The Dublin-based payroll solution provider, Snow, has been nominated by Best in Ireland for its software system that makes it easier for Irish enterprises to manage their employees’ pay. According to the notable review website, which methodically assesses Irish businesses
What Does Ireland’s Budget Mean for Small Businesses?
The 2023 Irish budget was announced in September jointly by Paschal Donohoe, the Minister for Finance, and Michael McGrath, the Minister for Public Expenditure. Numerous cost of living measures were outlined including a €4.1 billion package which the government said
What Budget 2023 Means for Irish Businesses?
During a period of rising inflation that has had a negative impact on basic living costs for many working people, Budget 2023 set out aiming to help both business owners and their regular employee’s cope. It did this with a
When Should Payroll Managers Switch Their Payroll Software Solution?
In an economy like Ireland’s, paying your employees the right amount every payroll run as well as ensuring that they are never paid late takes planning. Many Irish businesses spend a lot of time and resources on getting their payroll
Payroll Challenges Facing Multinational Companies
Even relatively simple versions of payroll for small businesses can be complex to understand. When it comes to multinationals though, things can become still more complicated, as different countries have their own unique standards and rules for payroll processing. All
Understanding General Data Protection Regulations With Respect to Outsourced Payroll
To begin with, whichever of Snow’s products is used, users can have complete confidence in the security of their payroll data. Our software will always make use of encrypted data to ensure that it is secure on its servers for
Top 8 Considerations When Switching Your Payroll Software
Getting the right payroll software is vital for the performance and satisfaction of your employees. Not to mention the timesaving benefits since you avoid hours of manual work. You should switch to a new provider if your payroll software is
What To Expect From Budget 2023 And How It Might Affect Your Business
The Irish Budget for 2023 is set to be announced on Tuesday 27th September during an unprecedented cost of living crisis that shows no sign of ending soon. Taking place two weeks earlier than originally expected, this means some business
Three Common Misconceptions Associated With Managed Payroll Services
Although many businesses in Ireland choose to keep their payroll functions in-house, increasing numbers of firms choose to outsource instead. There are plenty of benefits of so doing that should not be underestimated. However, some Chief Financial Officers, Managing Directors
Why Should You Pay Emergency Tax for Your Employees?
As an employer, you should deduct payroll taxes from employees’ salaries and remit them to the relevant authority. Unfortunately, some workers don’t provide sufficient information for tax remittance, and you have to apply an emergency tax on their salaries. Fortunately,
Which Commercial Trends Will Affect Irish Retailers in 2022?
Few doubt that the Irish retail sector has faced some very tough trading conditions in recent times. Of course, the global financial crisis can account for many of the problems the wider economy has faced for a decade or more
Guidance on Optimising Food Production Inventory Management
Let’s face it – inventory management is crucial in many industries. Indeed, it is often regarded as one of the top priorities among food production companies. This is because – unlike many other classes of goods – food has a
How ERP Can Help in Post-Covid Recovery in Manufacturing Sector
The World Bank June 2020 report predicted a 5.2% contraction of the global GDP due to the Coronavirus pandemic. The pandemic affected various industries, with tourism, finance and manufacturing the most vulnerable sectors. Shipping delays affected raw material supply, while
How Can Your Business Improve Gender Pay Gap Reporting?
New regulations require employers to report the difference in pay between men and women. The reporting requirements apply to all public and private sector companies to reduce the gender pay gap in workplaces. According to Eurostat, Ireland’s gender pay gap
Will Cloud Technologies Enable Manufacturing Business Success?
In Ireland, as is the case in most of the European Union, manufacturing businesses have seen some significant problems with staff recruitment and retention going back over the course of the last ten years or so. This is not something
Employment Wage Subsidy Scheme for all Businesses Ends
The Employment Wage Subsidy Scheme (EWSS) ended on 31st May 2022. The scheme replaced the Temporary Wage Subsidy Scheme (TWSS), which had been in place since 1st September 2020. The EWSS ended on 30th April for businesses that weren’t directly
10 Tips to Help You Get Payroll Compliance Right Every Time
Payroll is a crucial aspect of your business. If you don’t put in your best effort, you can find your company failing. Employees don’t want to work for free or receive less pay. However, it isn’t the only aspect you
Want to Become a Tech-Savvy Accountant? Here’s How
As an accountant, you may already be very aware of the role modern technology has to play in the industry. However, an often surprising number of qualified accountants in Ireland report that they feel the pace of change in modern
Statutory sick pay bill 2022 – All you need to know as an Irish employer
In March 2022, the government approved a new bill that grants all workers the right to paid sick leave. Created by The Tánaiste and Minister for Enterprise, Trade and Employment, the Bill will allow Irish employees to enjoy mandatory sick
PAYE Modernisation: How Payroll Software Supports Modernisation
In 2019, Ireland introduced real-time reporting for Pay As You Earn (PAYE) systems for employers and employees. PAYE modernisation ensures Revenue Commissioners have the correct information on businesses. With real-time reporting, an employer must prepare and report the workers’ salaries
Why Do Accountancy Professionals Need to Invest in Modern Technology?
Technological innovation has changed many aspects of modern commerce. Business practices are increasingly digitised these days and both accounting and bookkeeping are no exceptions. After all, digital resources are now available for many aspects of financial record keeping that help
How To Manage Payroll for a Small Business?
Managing payroll is easily one of the most delicate and tedious tasks required to run a small business because it needs to work accurately and on time every month. You need a reliable system that can. Calculate pay checks putting
What Is Payroll Bureau Service? How Does a Payroll Bureau Work?
Processing payroll can be a minefield for small businesses. You have to ensure your employees have the correct tax codes and are up-to-date with the deductions and employers’ contributions. The accuracy of your computations can also make or break your
Cloud-Based Payroll Software: How it Can Be Beneficial for Your Business?
Cloud-based software is used very successfully in many areas of commerce these days. It also has a significant role to play in the payroll functions of numerous businesses these days, both large and small. Very few enterprises rely entirely on
How Digital Banking is Affecting the Payroll Industry
Digital banking saw a marked uptake with the Covid-19 pandemic, with many Irish consumers who had never used online banking going digital for the first time. Apps such as Revolut and N26 have revolutionised personal banking, with offerings that are
Overview of Payroll for Small Business
Managing payroll for small business requirements means being able to operate at a small scale. After all, a small Irish enterprise might operate with just one or two employees nowadays. However, all business models are designed to grow. As such,
An Overview of Business Intelligence Software
Nowadays, organisations gather vast amounts of data from various management systems like ERP or CRM. Unfortunately, most businesses struggle to stay on top of the data since they lack systems to analyse and generate useful information. That’s where business intelligence
The Benefits of a Payroll Management System
It is not just payroll managers who can benefit from a staff payroll management system. The entire organisation should also benefit from a number of advantages from a well-designed system like Quantum Payroll. This versatile software means that financial decision-makers,
What Will You Consider Before Choosing Cloud Payroll Software
Business competition is becoming stiff, and small businesses must improve workplace efficiency and speed. With everyone digitising their offerings, it is challenging for small businesses to keep up with customers’ needs. If you have to deal with manual payroll systems
The Benefits of Choosing Payroll Bureau Services
Regardless of your employees’ commitment and passion, the promise of a salary is a powerful incentive and motivator. This makes payroll essential to every company. While managing payroll is arguably the most crucial transaction in a business, it involves mundane
Which Payroll is Best for Your Business? Outsource or In-house (Part 1)
As a manager, ensuring that your team gets paid accurately and on time is one of your responsibilities. Consistent payroll inaccuracies and delays can spell disaster for your company.
Overview of Managed Payroll
Although many companies have their own payroll management software, sometimes as a module included in the bookkeeping system, it is often preferable to switch to a fully managed payroll provider instead.
The Benefits of Choosing Cloud Payroll Services – Snow Technology
Your company’s successes and future growth rely on your workforce. Hence, they should be always motivated and happy.
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