Technology is a scientific development that aids human’s problem and extent human capabilities as well. As time goes by, human becomes more and more idealistic in terms of technology, and developing and improving a simple thing. Nowadays, not only the gadgets are evolving, even simple systems of an organization were also developed gradually. Many companies started to use computerized system to save time and reduce costs, even though these computerized systems are rather expensive. Payroll system is a good example of a system that now going to computerized.
Payroll is one of the complex tasks that an organization is performing. Aside from simply paying employees, companies will need to file taxes, submit reports and process year-end data for tax reporting purposes. The problem with the manual payroll system is if ever one had committed mistakes, whatever input was made from the start will automatically affect the calculations, and it is very time consuming that’s why computerized payroll system is implemented. Computerized payroll system are much faster and easier compared to the manual processing. Also quick and accurate answers were produced by the computerized software.
The proponents have chosen to make a computerized payroll system with time keeping for Mondo Corporation, specifically in its facility, which is currently using manual payroll system to generate and compute the payment for the employees.
Mondo Corporation was being managed by Ms. Marichu Espina and it is located at Niog III, Bacoor, Cavite. This corporation is divided into 3 different sectors: Sticker World, Red Materials and Pink Mango Canteen. It is also divided into 2 different departments: sales and production department. They have regular and contractual employee on their corporation. This corporation with the total of 33 employees is registered with the Department of Trade Industry and started their production in 2007.