Many small scale businesses face one common challenge- payroll. As regulations are constantly changing, it takes a toll to manage your payroll.

Besides, this pandemic has created so much chaos in calculating and dispatching salaries. 

It is why experts suggest using business payroll software for easing up the entire process.

Here are five payroll challenges commonly faced by small scale businesses and their solutions. 

The Equals Group chose the TruNarrative platform to help drive operational efficiency and facilitate smooth customer experiences across their range of services.

TruNarrative enables businesses to safely onboard customers, detect fraud and identify risk via a single API. Their technology is used to deliver fraud detection and compliance strategies across the globe in a range of industries including banking, lending, online gambling, eCommerce and payment services.

Viva Wallet, the Pan-European Neobank with a presence in 23 countries, and PrestaShop, one of the leading open-source e-commerce platforms, announced a new collaboration that will allow thousands of online merchants across Europe and the UK to accept fully localized payments in a few clicks, through the new Viva Wallet module.  

Linedata, a global provider of credit and asset management technology, data and services, today announced it is the first technology vendor to seamlessly integrate Environmental, Social, and Governance (ESG) data into asset managers’ workflows through collaboration with leading independent provider Arabesque S-Ray.

Multiply AI, the UK’s first fully-automated financial adviser app, today announced it has partnered with digital mortgage broker Mojo to provide the first end-to-end digital advice app free of charge for first-time home buyers.

Leveraging the power of deep learning AI, the app provides holistic financial advice for those who cannot afford to see a traditional face-to-face advisor.

Acronis, a global leader in cyber protection, announced today the acquisition of Synapsys, its long-time partner located in Cape Town, South Africa that specialises in distributing Acronis Cyber Protection Solutions through the service provider channel. Marking the latest move in the company’s accelerated growth plan, it is Acronis’ fourth acquisition in the past 18 months.

Global payments service provider SumUp (www.sumup.co.uk) announces today that it has raised a €750m facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management, L.P.. With Goldman Sachs’ and Bain Capital Credit’s continued support as existing investors and high demand from new investors, the current round was oversubscribed.

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in

The chargeback specialist for financial institutions (FIs) and sister company of Chargebacks911, Fi911, has launched a new report to support FIs in their preparation for full PSD2’s Strong Customer Authentication (SCA) enforcement. 

 QUO, the execution management and workflow solution from TradingScreen (TS), the all-asset class execution and order management system, has launched a new web solution for the Private Bank and Wealth Management divisions of sell-side institutions to distribute to their buy-side clients.