Data enrichment is the process of enhancing and supplementing existing payroll data with additional information to improve its accuracy, completeness, and usefulness. This can involve incorporating external data sources or validating and updating existing data within the organization.
Enriching data aims to provide a more comprehensive and reliable foundation for payroll processing and reporting. It is crucial for minimizing errors and improving compliance.
Regularly reviewing and updating payroll data ensures that your organization has an accurate representation of your workforce, which is essential for payroll processing.