Payroll Localization Solution
The payroll run is a critical element in bringing together different aspects of HR practices, including appraisal outcomes, benefits, compensation and incentives. And, this in turn helps drive employee motivation and retaining talent, which undoubtedly plays a central role in every organization’s growth.
Payroll 365 is a global payroll solution for Dynamics 365 for Operations that helps to streamline the payroll processes and improve payment accuracy of the businesses. Payroll 365 seeks to address regional payroll and administration requirement for workforce compromising of native & expatriate employees. In countries where significant expat workforce is a norm, companies struggle with routine administration task such as employee document renewals, local labor laws, leave travel and visa quota management. Payroll 365 provides flexible and easy to use tools to manage all such pain areas.
Benefits
Employee Onboarding- Automating your employee onboarding and visa allocation.
Alternative Calendar Set-up- Enables user to check the transaction dates such as leave dates, work dates in different calendar format like Hijri, Persian etc.
Formula Designer- Formula based payroll calculation process gives more flexibility for the user to create their own calculation logic at pay components level. This enables the user to design and test the formula before the payroll process.
Leave Management- This module includes flexible setup of leave types with related validations such as Maximum days in year, Maximum times in year, Minimum service days required, Minimum days between two requests etc.
Payroll Processing- Payroll with provision for Saudi labor law, which includes gratuity, social insurance for middles eastern countries and wage protection systems (WPS).
Flexible and easy to use formula designer for advanced payroll calculations.
Seamless Transactions- Since it is built on Dynamics 365 for Operations, it has seamless transaction processing with the Financial Modules and provides a comprehensive employee statement of accounts.
Workflow Approvals- All requests are controlled through workflows which can be positioned as per position hierarchy.
Employees Self Services “ESS” including Leave Management, Loan Request Management, Business Trip request and Workflow, also Time Sheet Entry, Recruitment request with workflow, Training request with workflow