Minimize payroll headaches with an automated payroll solution. and enforce unique and accurate financial controls supporting multi-currency capabilities with a highly configurable and statutory-compliant HRiQ Payroll module.
Our scalable and enterprise-friendly Payroll module supports multi-entity environments in organizations of all sizes and industry verticals. Sophisticated reporting enables decision makers to leverage a centralized bird’s-eye view of the overall group investment.
The module integrates seamlessly with the wider suite of modules in HRiQ Human Capital Management Solution and eliminates manual data entry to maintain processing efficiencies and hassle-free HR management.
Policy-driven, our cloud-based payroll module efficiently gathers payment instructions from designated business stakeholders and automatically calculates the approved payable variables, and ensures compliance with up- to-date statutory requirements.
Our Payroll module also lets you enforce comprehensive and flexible payroll eligibility rules for employees working on different levels, projects and in different countries.
Administrative burdens on centralized HR teams is reduced as the module enables automated payroll reconciliation reporting overviews and eliminates payment inaccuracies to ensure efficient and accurate payroll calculations.
For multi-national organizations located in the competitive Global-Asia business hub, multi-currency capabilities and many smart features of our Payroll module empower HR managers to manage a global workforce effectively.
Our best-in-class Payroll module generates remuneration components into multiple foreign currencies and translates payment values into base equivalent amounts for accurate payment allocation and reporting purposes. The final instructed funds can then be transferred into the desired currency and bank accounts.
The easy-to-use reporting tool within the solution enables HR managers to analyze payroll data, create accurate reports and the information in terms of various parameters such as time frame, projects, employees, and workplaces, among others. This information leads to valuable insights empowering HR teams to make strategic decisions on maximizing work- force productivity and planning resource utilization for future projects.
In essence, the HRiQ Payroll module enables a transformative HR service vital to the success of expanding midsize businesses and multinational enterprises.