Effect of Electronic Accounting Payroll System on Performance of University Teaching Hospitals in Kwara State, Nigeria

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Date
2024-06-13
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EKSU Journal of the Management Scientists, Faculty of Management Sciences, Ekiti State University, Ado Ekiti
Abstract
Abstract Teaching hospitals in Kwara State, Nigeria, face challenges in managing payroll, impacting financial performance and employee satisfaction. This study examined the impact of electronic accounting payroll systems on the performance of University Teaching Hospitals (UTHs) In Kwara State. Using a survey design, data collected from 178 respondents, including auditors, accountants, ICT staff, and senior employees, through closed-ended questionnaire was analyzed using descriptive statistics (mean and standard deviation) and inferential statistics (Ordinary Least Square regression analysis) to estimate all the hypotheses. Results showed that accounting payroll systems and web-management payroll systems (β = 0.040, p = 0.000; β = 0.071, p = 0.000) significantly influence UTHs performance in Kwara State, while payroll internal control systems do not (β = 0.420, p= 0.367). Therefore, the study concluded that accounting payroll system and web-management payroll system are good predictors of performance of UTHs in Kwara State, Nigeria. This implies that the more robust and efficient these payroll systems are, the better the performance of the hospitals. Whereas, the current internal control systems in place for payroll may not be effectively contributing to the performance outcomes of these hospitals. The study recommends UTHs in Kwara State to invest in and continue using electronic accounting and web management payroll systems to enhance performance and sustainability.
Description
The study is important as it addresses critical challenges faced by University Teaching Hospitals (UTHs) in Kwara State, Nigeria, regarding payroll management and its impact on financial performance and employee satisfaction. By highlighting the significant influence of electronic accounting and web-management payroll systems on hospital performance, the research underscores the need for robust and efficient payroll systems. This insight can guide UTHs and similar institutions in making informed investments in payroll technology to enhance operational efficiency, financial sustainability, and overall performance. Additionally, the study identifies gaps in current internal control systems, providing a basis for further improvements in payroll management practices.
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Citation
Olumoh, Y. A., Sanni, M., & Babalola, F. (2024). Effect of Electronic Accounting Payroll System on Performance of University Teaching Hospitals in Kwara State, Nigeria. EKSU Journal of the Management Scientists (EJMS), 3(1), 26-41. https://eksujournal.eksu.edu.ng/ojs/index.php/njbfi/article/view/29