3 Ways an Integrated HCM Benefits Payroll avanti.ca
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One of the concerns we hear from Payroll professionals is that they are frustrated by all of the me they spend on administra ve tasks. One
example of this is the calcula on of retro pay.
When an employee's me is entered and approved, a sophis cated HCM solu on will keep all of that data in historical files for future reference.
With all of the source me data stored in history your solu on can then automate processes like retro pay calcula on. You simply need to apply the
logic and rules for the retro calcula on, for example a 2% increase since January 1st and the solu on will automa cally apply that to the historical
me entries and produce the required retro pay for the employees it affects.
MINIMIZE DATA ENTRY AND ADMINISTRATION
Get Automated
By simply applying some logic and
rules in your software, you can let
your solution do the heavy lifting.
Automate your manual processes
and spend less time on administrative
tasks.
