With TechnologyOne's Human Resource & Payroll solution you have the flexibility to deploy any number of components at once or over a staged implementation approach. We can help you define the components that will deliver you the most benefit.
Human resource benefits
Learning and development - The ability to define, manage and assign learning outcomes achieved through internal and external courses using self-service functionality
People performance - Integration and automation of your performance management processes to enable you to align your organisation’s objectives with your people’s Key Performance Indicators (KPIs) or Key Result Areas (KRAs) using self-service functionality
Organisational management - Establish common components throughout your Human Resource solution such as the organisation structure, organisation-wide KPIs and KRAs together with common performance review criteria
Business process automation - The ability to create, distribute, collect and integrate form-based information across your entire organisation such as online performance reviews, travel requests or ad hoc staff surveys
Recruitment - Management of candidates throughout their recruitment lifecycle capturing any associated workflow and candidate communication
Occupational health & safety - A system that has a central repository for hazards and incidents to ensure that at all times your organisation is aware of any area of risk
Payroll benefits
Real-time financial integration - Delivery of real-time financial integration that enables accurate cost allocations and drilldown access to financial ledgers without switching between software products. Note - ‘interfacing’, as provided by many vendors, is not the same as ‘integrating’ with a single database.
Undo functionality - The ability to undo an action without being forced backup and restore to do so
Date effectiveness - The ability to automatically process any future or retrospectively dated payroll transactions
Multiple companies - Capability to manage an unlimited number of companies with shared award conditions and still access individual company information or consolidated reporting through our single integrated database
Multiple positions - Definition and management of primary and secondary positions for your people. Unlike other vendors, our software allows you to do this in one employee record without the need to create multiple ‘phantom’ employees
Position and entitlement history - Maintenance and history of all entitlement changes including the date the change became effective. All entitlement changes are displayed within the employee record to provide the most efficient work environment possible
Retrospective condition changes - The ability to manage the process of automating retrospective changes to the cent with taxation and superannuation calculated and adjusted automatically
Challenge A
full-time employee commences employment and elects to top up their
superannuation by contributing $20 per pay to their super fund
through the payroll system.
They then decide to
change their voluntary contribution from $20 to $32 and want it
to commence at the start of the next month which falls on a Monday.
However, this falls outside your weekly pay period of Tuesday to
Monday. Therefore, the superannuation amount of $20 would apply up
until the Friday and on the Monday a pro rata amount of $6.40 would be
attributed to their pay ($32 divided by five days).
TechnologyOne’s payroll efficiency gains
To
facilitate this, you simply enter the date and the amount and the
correct calculations are made for you. Then at any point both your
payroll department and your employee will be able to view the change
history associated with this employee’s record and our sophisticated
payroll processing will automatically make all the calculations for you.
Human Resource & Payroll - The Benefits
