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An
Introduction
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Integrated Modules
| Key Users /
Entities | HURIS Methodology
and Tools
Payroll
System
The Payroll application
is a comprehensive system that calculates payroll in line with
global compensation benchmarks and guarantees 100% correct
payroll calculation. The system is designed to reduce the
workload of the payroll department by using automation,
self-service capabilities and high level of integration with
other systems. Payroll System works on a multi-level security
mechanism. Trust levels are based on the role of employees in
the payroll process and according to the rules and requirements
for appropriate user access.
Payroll
System provides accuracy, speed, flexibility, security and cost
savings for all elements of your payroll compliance, processing,
record keeping and reporting. The system is full integrated with
other modules of HURIS and provides a wealth of actionable
management information to help you develop your business. It can
further be integrated with third party systems including current
financial and accounting systems. You can configure the
application as per company specific compensation rules and for
statutory elements such as tax and insurance.
The
HURIS Payroll System combines international payroll
functionality with the ability to configure and handle local
legislative and regulatory requirements. A highly flexible rule
based structure ensures that local functionalities can be
developed rapidly. An expanding multinational company can
quickly built functionality for the new country of operation.
The
key modules in the payroll system include:
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Salary Processing
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Payroll generation
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Taxation
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Loans and Allowances
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Deductions
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Expense Reporting
Salary
Processing: Salary processing is done online and
include features like calculation of Gross to Net pay, Net to
Gross pay, do pro-rata calculations, on-line payslip calculation
and pay analysis.
Payroll generation: The
Payroll System will help you minimize processing time and ensure
accuracy of paychecks. Batch Processing and Retroactive Payroll
give you control and flexibility to process large quantities of
accumulated data. You can generate payslips on demand and on the
screen anytime through controlled user access.
Taxation:
The system manages current taxation procedures and complies
with legal requirements. It keeps a track of how each payroll
activity is going to impact tax. Since tax legislation changes
often, the payroll system is built to respond quickly to those
changes.
Loans
and Allowances: Loan and allowance management
becomes easier to manage with the HURIS Payroll System. With
features like flexible installments, payment plans and the use of
employee self-service, the administration effort is
significantly reduce. The module is tightly integrated with
other modules of the Payroll System and with other applications
of the HURIS suite.
Deductions:
The system allows for all types of deduction
calculations and its incorporation in other modules. The system
provides the flexibility to the payroll manager to modify the
rules and formulas as often as necessary.
Expense
Reporting: This module allows the organization to
capture expense information. Sophisticated reporting allows you
to generate n number of reports as per requirements.
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