Features This solution is locally hosted within the bank premises, where it enables the bank to provide the payroll services for their corporate meanwhile minimizing the process operations overhead by outsourcing the process to the corporate administrators. The following are the solutions main business features:
Corporate Self Service: The corporate administrator will be able to maintain the corporate profile & the corporate employees utilizing access control and having a complete audit trail.
Payroll Management: The corporate will be able to manage and control their employees’ payroll payments in an easy, efficient, and quick automated manner using a couple of clicks.
Payroll Workflow: The payroll workflow solution will enable the corporates to apply its managerial considerations and governance through the Internet channel; Maker, Checker and Approver.
Business Analytics: The ePayroll provides a rich set of reports that help the bank in system administration, forecasting salary increases and maintaining labor costs. The corporate customers will manage and control their payroll processing through the Internet Utilize a multi-level approval model and maintain reports and audit trails Support payments to employee accounts with the bank, cards, and with other banks Electronic submission and validation of bank operations Full visibility of payroll jobs status and history Offers Batch offline or Online posting to back end systems