Payroll Management Using Blockchain
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- First Online: 23 July 2023
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- Govinda Giri 13 ,
- Kunal Chakate 13 ,
- Sudhanshu Gonge 13 ,
- Rahul Joshi 13 ,
- Ketan Kotecha 13 ,
- Om Mishra 13 ,
- Deepak Parashar 13 &
- Preeti Mulay 13
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Blockchain technology has the potential to minimize fraud and increase the efficiency of payroll systems. Every government, corporation, and other entity must have a payroll administration system in place to ensure correct and timely employee payment. Poor-country payroll systems face challenges such as a lack of decentralization, ghost work, cybercrime, and other human manipulations. This research looks at the problems with payroll systems in underdeveloped countries, and how blockchain technology might help to solve them. The rest of the article explains how blockchain technology might be used to solve problems with payroll systems. Through a review of the existing literature, we demonstrate the significance of blockchain technology in general and its application to payroll systems.
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Govinda Giri, Kunal Chakate, Sudhanshu Gonge, Rahul Joshi, Ketan Kotecha, Om Mishra, Deepak Parashar & Preeti Mulay
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Giri, G. et al. (2023). Payroll Management Using Blockchain. In: Hassanien, A.E., Castillo, O., Anand, S., Jaiswal, A. (eds) International Conference on Innovative Computing and Communications. ICICC 2023. Lecture Notes in Networks and Systems, vol 703. Springer, Singapore. https://doi.org/10.1007/978-981-99-3315-0_28
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Fariza Hanim Rusly , Aidi Ahmi , Yurita Yakimin Abdul Talib , Khairina Rosli; Payroll system: A bibliometric analysis of the literature. AIP Conf. Proc. 26 September 2018; 2016 (1): 020124. https://doi.org/10.1063/1.5055526
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Payroll processing is an imperative process in an organization; it involves many tasks to ensure accurate and timely payments of the workforces’ services, and to protect organization’s reputation through effective record-keeping compliance with the government authorities’ employment legislations. Despite its important function in the organization process, studies on payroll processing is quite limited, as compared to other transaction processing systems such as sales and purchase. This paper observes the trend of articles published on payroll system that has been indexed by the Google Scholar as at February 2018. This study aims to provide insights into the characteristics of the issues related to payroll system using a bibliometric analysis. Articles that matched with the keywords [allintitle: payroll system OR systems OR application OR applications OR software] in the Google Scholar has been obtained and analyzed. After conducted the cleaning process i.e. by completing the meta-data of the articles and removing some of the irrelevant and duplicate articles, 170 articles are available for further analysis. It is found that, the number of published payroll system articles are increasing in the past five years. Most of the articles has been published as journal articles, academic dissertations and conference papers. The output of this study can help researchers to understand the landscape of the global research and issues on payroll system and establish further research directions in this field.
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ISSN : 0368-492X
Article publication date: 11 January 2022
Issue publication date: 24 March 2023
The present study is descriptive research in terms of purpose, descriptive analysis in terms of nature and cross-sectional research in terms of time. The study’s statistical population includes all employees and managers of the China City Organization selected as sample members using random sampling method and Krejcie table of 242 people. The questionnaire was modified and revised based on the goals, tasks and mission of the target organization to collect information. In data analysis, due to the normality of data distribution, the structural equation modeling method is used to evaluate the causal model, reliability and validity of the measurement model. Evaluation and validation of the model are done through the structural equation model. Questionnaire-based model and data are analyzed using Smart PLS 3.0. The main purpose of this study is to assess the feasibility of implementing the human resource payroll management system based on cloud computing technology.
Design/methodology/approach
New technologies require innovative approaches for creating valuable opportunities in an organization to integrate the physical flows of goods and services and financial information. Today, cloud computing is an emerging mechanism for high-level computing as a storage system. It is used to connect to network hosts, infrastructure and applications and provide reliable services. Due to advances in this field, cloud computing is used to perform operations related to human resources. The role, importance and application of cloud computing in human resource management, such as reducing the cost of hardware and information software in hiring, job planning, employee selection, employee socialization, payroll, employee performance appraisal, rewards, etc., is raised. This way, human resource management teams can easily view resumes, sort candidates and observe and analyze their performance. Cloud computing is effective in implementing human resource payroll management systems. Therefore, the primary purpose of this study is to assess the feasibility of implementing the human resource payroll management system based on cloud computing technology.
Testing the research hypotheses shows that the dimension desirability of ability and acceptance is provided in dimensions related to the minimum conditions required to implement cloud computing technology in the organization. For this reason, the feasibility of implementing the systems based on cloud computing in companies must be considered.
Research limitations/implications
This study also has some limitations that need to be considered in evaluating the results. The study is limited to one region. It cannot be assured that the factors examined in other areas are effective. The research design for this study is a cross-sectional study. It represents the static relationship between the variables. Since cross-sectional data from variable relationships are taken at a single point in time, they are collected in other periods. As a proposal, future researchers intend to investigate the impact of Enterprise Resource Planning (ERP) systems based on cloud computing.
Practical implications
The research also includes companies, departments and individuals associated with systems based on cloud computing.
Originality/value
In this paper, the feasibility of implementing the human resource payroll management system based on cloud computing is pointed out, and the approach to resolve the problem is applied to a practical example. The presented model in this article provides a complete framework to investigate the feasibility of implementing the human resource payroll management system based on cloud computing.
- Cloud computing
- Payroll system
- Human resources
- Feasibility study
- Information technology
Zhao, M. and Rabiei, K. (2023), "Feasibility of implementing the human resource payroll management system based on cloud computing", Kybernetes , Vol. 52 No. 4, pp. 1245-1268. https://doi.org/10.1108/K-07-2021-0554
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4. 5. PAYROLL MANAGEMENT. Payroll ma nagement system explain itself that it's an accounting package that will provide a. financial solution for a particular organization or for a par ticular ...
The management of employees' salaries is an extremely complex task and time-consuming job due to having a large volume of payroll data and calculations. In many developing regions and countries including the Kurdistan Region of Iraq, the accounting processes of salary are manual. This leads to low speed in the calculation processes of deductions and allowances, easy making errors, difficulty ...
Payroll process is a vital method in an organization it involves many tasks to correct and do payments of the workforces' services, and to protect organization's reputation through effective recordkeeping compliance with the government authorities and employment legislations. Despite its main function among the organization methodology is studies on payroll process as compared to other ...
JETIR2011200 Journal of Emerging Technologies and Innovative Research (JETIR) www.jetir.org 500 A DETAILED STUDY ON PAYROLL MANAGEMENT SYSTEM AND ROLE OF HR IN PAYROLL MANAGEMENT SYSTEM AUTHOR - HANMANDLA SWATHI, (Roll No. 18031E0008), MBA 2018-2020 Batch, student at JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY, KUKATPALLY, HYDERABAD, INDIA.
This paper represents the design, implementation, and evaluation of a web-based payroll management system (WPMS) that can calculate the salary of every employee per month and annum efficiently and effectively and enables users to easily access, update, and delete data. The management of employees' salaries is an extremely complex task and time-consuming job due to having a large volume of ...
- Payroll management is a critical aspect of any organization's operations, involving the administration and disbursement of employee salaries, wages, bonuses, and other financial benefits. This abstract presents an overview of the satisfaction levels associated with a payroll management system, highlighting its benefits and impact on organizational performance. the positive relationship ...
The payroll system was designed to be a pay-as-you-go solution for all sorts of enterprises. Imtiaz et al. suggest that a group of academics conducted research on payroll management systems. This computer-based payroll system that is available through the Internet calculates, manages, and records employee payroll information.
Despite its important function in the organization process, studies on payroll processing is quite limited, as compared to other transaction processing systems such as sales and purchase. This paper observes the trend of articles published on payroll system that has been indexed by the Google Scholar as at February 2018.
Findings. The study concludes that payroll system has equipped with the security and control characteristic. However, there is still a risk of fraud due to some internal control weaknesses in the system. Thus, the awareness about the control and security of the system should be given priority so that the staffs will understand and aware about it.
Strategic human resource management (SHRM) research increasingly focuses on the performance effects of human resource (HR) systems rather than individual HR practices (Combs, Liu, Hall, & Ketchen, 2006).Researchers tend to agree that the focus should be on systems because employees are simultaneously exposed to an interrelated set of HR practices rather than single practices one at a time, and ...
5. This analysis study aims to produce insights into the characteristics of the matter related with payroll system by using a bibliometric analysis. Payroll process is a vital method in an organization it involves many tasks to correct and do payments of the workforces' services, and to protect organization's reputation through effective ...
As a proposal, future researchers intend to investigate the impact of Enterprise Resource Planning (ERP) systems based on cloud computing.,The research also includes companies, departments and individuals associated with systems based on cloud computing.,In this paper, the feasibility of implementing the human resource payroll management system ...
To Study on Payroll Management in Organization 1S. Divyabharathi, 2K. Nishanthi, 3N. Haritha 1Final year MBA student, 2,3First year MBA student, Idhaya college for women, kumbakonam, India. [email protected], [email protected] ABSTRACT - Payroll management system is one of the core area of the business.
This paper represents the design, implementation, and evaluation of a web-based payroll management system (WPMS). This system can calculate the salary of every employee per month and annum eficiently and efectively. Moreover, it can keep the records of employees' data including their pay, allowances, and deductions on monthly bases in the ...
are the needs to do the research at "Lexiko Infra Systems". 1. To understand the interface level between Account and HR. Department in an Organization in the pay roll management system in Lexiko Infra Systems. 2. The management was in the position to know whether the existing software system used is effective or not.
A payroll management system is essential for businesses to ensure accurate and timely compensation of employees, compliance with government regulations, and efficient financial record-keeping. The use of payroll management software can streamline processes, reduce errors, and contribute to overall employee satisfaction and business growth.
This will collectively help to improve payroll management system, leave management system and performance appraisal also. Although the proposed model in the paper has further improvement scope also, at the same time it provides an efficient approach for to smoothly implement the payroll management system with Biometric and RFID technique.
Abstract: This study explores the global perspective of payroll research and patent innovations for the past 50 years. The aims are to offer insights into payroll research and publication characteristics, and to highlight patterns and trends of the payroll systems development. Data are based on the Scopus database up to year 2018.
became computerized [6]. In Sulis Sandiwarno's research on the design of payroll information systems produced a payroll application to shorten the processing time of payroll data and reduce the problem of human errors in employee salary calculation [3]. While in the study of Pavitra R. G., Sugadev R and Y.K. Sharma's Payroll Management System ...
Abstract. Payroll management system encompasses all the tasks involved in paying an organization's employees. It typically involves keeping track of hours worked and ensuring that employees receive the appropriate amount of pay. It also includes calculating taxes and social security, as well as ensuring that they are properly withheld and ...
Best Paper Candidates. The Green Mirage: Impact of Location- and Market-based Carbon Intensity Estimation on Carbon Optimization Efficacy . Diptyaroop Maji (University of Massachusetts Amherst), Noman Bashir (Massachusetts Institute of Technology), David Irwin (University of Massachusetts Amherst), Prashant Shenoy (University of Massachusetts Amherst), Ramesh Sitaraman (University of ...