implementation and support of integrated information systems
implementation and support of integrated information systems |
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Office in Ukraine |
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AGroup HRB
News
January 2011:
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HRB/Time RecordingIn a modern enterprise we are forced to deal with various compensation scenarios for our staff members. In addition, accurate time reporting is typically required across a wide range of business functions including payroll, financial and cost accounting, project management, employee benefits and organizational administration. HRB/Time Recording streamlines time recording processes while excluding paper based timesheets from the standard payroll calculation procedure. Payroll personnel are freed from redundant data entry. Probability of mistakes is minimized and the process can be performed with less resources and time involved. The logic of Time Recording module relies on "deviations" tracking. Based on embedded algorithms the system generates electronic timesheets automatically by extracting the information already stored in the system. This automated linkage enables the user to dramatically reduce labor costs previously spent on generating manual timesheets. HRB/Time Recording is integrated with payroll and reporting modules. This integration implies that your accounting staff does not need to spend time on manually transferring data from timesheets to payroll system. At the same time, your financial department can quickly associate labor costs with projects and activities for inclusion in project-based cost analysis.
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