Abstract
This study focused on the role and the relation between Human Resource Management and Finance management to produce a successful payroll system. An online covert non-participant observation of a secondary data analysis, content analysis style was used through the analysis of payroll responsibility in thirteen companies operating in different sectors. A quantitative analysis on 32 Lebanese companies from different categories, each company 5 respondents providing a total of 160 respondents. The collection of data was during year 2023 and 2024. A descriptive research technique with a quantitative method is applied by the researcher. A triangulation process is applied as a strategy for increasing the project’s credibility and validity. The study showed that the integration of human resource management and finance management is essential in all organizations to produce a convenient, valuable and most accurate payroll system. The findings indicated that human resource management plays a significant role in producing and managing the payroll system by thirty-one per cent from the sample of the study. This study also found that both departments collectively contribute sixty-nine per cent to the production and management of the payroll system based on the study sample. The hypothesis in this research was accepted defining that human resource management has a positive impact in producing a payroll system mediated by financial management practices.
Keywords: Financial Management Practices (FMP), Human Resource (HR), Human Resource Information System (HRIS), Human Resource Management (HRM), Payroll System (PS).