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<oembed><version>1.0</version><provider_name>China Business Review</provider_name><provider_url>https://www.chinabusinessreview.com</provider_url><author_name>USCBC</author_name><author_url>https://www.chinabusinessreview.com/author/uscbc/</author_url><title>IT Solutions: Improving Efficiency, Accuracy and Transparency in Payroll Processing in China - China Business Review</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content"&gt;&lt;a href="https://www.chinabusinessreview.com/it-solutions-improving-efficiency-accuracy-and-transparency-in-payroll-processing-in-china/"&gt;IT Solutions: Improving Efficiency, Accuracy and Transparency in Payroll Processing in China&lt;/a&gt;&lt;/blockquote&gt;
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&lt;/script&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.chinabusinessreview.com/it-solutions-improving-efficiency-accuracy-and-transparency-in-payroll-processing-in-china/embed/" width="600" height="338" title="&#x201C;IT Solutions: Improving Efficiency, Accuracy and Transparency in Payroll Processing in China&#x201D; &#x2014; China Business Review" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;</html><thumbnail_url>https://www.chinabusinessreview.com/wp-content/uploads/2017/11/iStock-826978484.jpg</thumbnail_url><thumbnail_width>724</thumbnail_width><thumbnail_height>483</thumbnail_height><description>The digitization of business functions is not a new phenomenon, particularly in developed economies. However, the adoption of technology for HR and payroll processes in developing countries such as China is far less common. Arguably, it is in these countries where such IT solutions are the most needed, and could have the greatest transformative effect on business operations. Although China is rapidly developing into a mature economy, the HR and payroll processes of many companies operating in the country are still paper-based or recorded on rudimentary Excel spreadsheets.</description></oembed>
