Payroll

In Today's dynamic global environment you need a Payroll System that is effective, fast, and reliable,allowing you to define your payroll components in multiple foreign currencies with the capability to remunerate in different foreign currencies.

HRiQ now supports Multi-Currency Payroll system. HRiQ Payroll is ideal for multi-national or global companies that have a significant number of employees with compensation PEG to their home currency or any other currency.The system translates the foreign currency components into a base equivalent currency for posting and reporting purposes. It provides the flexibility for payment instructions by employee to pay electronically into multiple foreign currency bank accounts.

HRiQ Payroll Management System helps in easy CPF and Taxation submission

HRiQ Payroll provides General Ledger facility with electronic Payslip for employees

The HRiQ Payroll is parameter driven and easily configurable by the user administrator for fast deployment to timely meet critical timelines. It provides a smart option to post your employees’ pay-slips electronically on the web under a secured environment, thus eliminating the need for distributing paper pay-slips manually.Employees can view their past pay-slips anytime and anywhere when needed.The System provides the capability for integration to your General Ledger by report or export of the accounting transactions relating to built-in account codes and cost centers, and can be customized to the specific format required by your accounting system.Using HRiQ Payroll, employees can get access to their Payslip on real-time basis.

Features of HRiQ Payroll Management System  

• HRiQ Payroll automates and ensures that your payroll is accurate, on time and efficiently processed and is fully integrated with all other HRiQ modules thereby making the payroll processing highly efficient for you.
• Flexible and powerful Payroll Report Write
• Configurable and user-defined rating system.
• Full Statutory Compliance to Singapore CPF and Tax requirements.
   

Benefits of HRiQ Payroll Management System

• One common Payroll System for International employees and Local employees capable of multi-currency that is easy to use, timely and accurate
  
  
• Manage your various Payroll configurations with highly configurable, flexible and scalable platform.
  
  
• Automated administrative functions and employee self-service pay-slips enhances efficiency and productivity to a basic critical business process required in every organization.
  
  
• Safeguards and audit controls to manage and track payroll components and payments
  

• Pay your Employees on time with highly automated processes for Payroll processing, interface to Banks for Electronic Fund Transfers.
• Create unlimited allowances and deductions and handle multi-organizational processing.
• Provides functions that are fully complaint with the Local laws, rules & regulations and caters for e-filing of income tax and Provident Fund.
• Provide standard or custom reports for various reporting requirements. 

  HRiQ Payroll is integrated with our other modules such as Leave Management, Attendance Management, Overtime and Timesheet Management and Benefits and Claims Management to increase the productivity and efficiency.