Review Questions 1. What must organizations base the analysis of their requirements on, prior to...
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Accounting
Review Questions 1. What must organizations base the analysis of their requirements on, prior to selecting a payroll solution? 2. What is the purpose of a gap analysis? 3. What is the difference between privacy of information and security of information? 4. Name the different types of Payroll Technology Solutions. 5. Explain the difference between configuration and customization. 6. What is the main benefit of an Enterprise Resource Planning system? 7. What is the difference between Outsourced Services and Comprehensive Outsourcing?, 8. List five items available through Employee Self-Service. 9. What are the benefits to using a cloud based payroll solution? 10. Trinital Solutions is a technology company that provides services to organizations of all sizes across Canada. Their reputation has grown and clients are reaching out from all over North America and into Europe. Trinital Solutions has experienced a growth explosion and is now in need of employing people in six countries around the world. Currently, Trinital Solutions utilizes a hybrid department that manages human resources, processes payroll and is responsible for Accounts Payable and Accounts Receivable. The executives recognize this solution may not be the best way to manage a multi-national company going forward. After sending out a request for proposal, it became apparent that there were several options available to them for managing payroll, human resources, Finance and Benefits. Using the various payroll options described in this material, consider the best solution to assist Trinital Solutions with making the most appropriate selection for their organization. Why did you select this option over the others? 11. Explain the difference between implementation and conversion. 12. What is parallel testing? 13. How do biometric time clocks work

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