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Compensation Management and Payroll
Employee pay is the fundamental contract between you and your employees: They work to achieve your organization's goals, and they have a goodwill expectation that they will be paid for their efforts in a timely and accurate way. With AccuPay2001 Payroll, you can ensure your organization meets this fundamental employee expectation.
AccuPay2001 delivers in-depth control, processing power and security for managing sensitive payroll information. With optional Electronic Bank Transfer (Direct Deposit) processing, payday is fast, convenient, reliable and confidential for your employees. They no longer have to run to the bank or make special arrangements when they are out of town on payday - and it's also a perfect solution for the growing number of employees who work remotely.
Efficient data entry processes within the payroll, and seamless integration with other HRM2001 components, improve payroll specialists' productivity and increase accuracy. Simple routines provide step-by-step support for payroll specialists, reducing their learning curve and simplifying payroll processing.
AccuPay2001 Payroll provides a superior solution that helps businesses streamline their payroll processes and gain greater control over their payroll information. Standard features include easy configuration of complex benefits and deductions, multi-bank deductions, electronic file transfer functions, flexibility in defining payroll codes for earnings and deductions and multiple automated transaction inputs. For organizations with complex payroll and union requirements, the benefits of AccuPay2001 have rapidly resulted in significant time and cost savings.
As with other components of the Human Resources Series, AccuPay2001's
Payroll Reporting Sub-System offers comprehensive reporting capabilities that provides useful controls and valuable insights into your payroll expenses.
When integrated with HRM2001, AccuPay2001 enables you to store, analyze and integrate all employee information in one central system, allowing human resources professionals to focus on more strategic objectives.
Since we've chosen Payroll and Human Resources as our specialty, you'll find that we understand the challenges you face. We've specifically designed AccuPay2001 to give you control over every facet of your payroll operation. Our special features include:
Electronic Bank Transfer (Direct Deposit)
Payroll Features
AccuPay2001 is a robust, feature-rich payroll application. Features include:
Supports
multiple payrolls per company
Supports
local tax requirements and labour laws
Supports
magnetic media reporting to tax authorities
Includes
monthly or annual tax reporting as applicable
Handles
unlimited types of hours and earnings, including:
Non-cash awards and perquisites
Automatic salaried pay without input
Recurring earnings
Generates mass
transactions
Handles
Global Changes to salaries, allowances and deductions
Handles all
deductions, including:
Internal company deductions
Required deductions to third party institutions (banks, credit unions, mortgage, etc.)
Unlimited number of voluntary deductions
One-time deductions
Deductions offer user-specified priority, take periods, start/stop dates, arrears control and global amounts
Handles
unlimited balance-linked loans
Prints
pay cheques and payslips using various formats
Produces
cheques to third-party institutions
Supports
Electronic Bank Transfers
Provides
comprehensive pay period and monthly reports
Provides
Proforma Register to verify payroll calculation details before updating
Automated
Backup facility with Mirroring for added redundancy
Retains
all pay and deduction elements for employees
Flexible
Compensation Analyzer available to perform analysis of historical pay data
Calculates
Retroactive Pay
All this and much more!
Contact us today for more information on our HRM2001 Human Resource Management Information System.
We'll show you just how easy this powerful tool is to use.
Please send questions about this site to newgensol@cwjamaica.com