The Operational Processes give employees greater control over administrative tasks. In this way they increase efficiency and enhance employee satisfaction. Additionally, they significantly reduce effort and delay traditionally associated with paperwork. These processes help employees get over with the formalities quickly and without undue stress. This enables them to focus more on their assigned jobs ultimately resulting in better employee performance and profitability for the company.

Employee Self Service

Employee Self-Service module minimizes paper shuffling, e-mails, and phone calls that are inherent features of human resource administration. This offers a solution to cutting down costs for many day-to-day record-keeping activities and saves time too. Thus, employees can pay more attention to their core responsibilities. These services include:

• Attendance Management
• Claims Management
• Leave Management
• Asset Allocation and Tracking

The Employee Self Service module caters to day-to-day needs of an employee, eliminates the hassle and the time taken in performing the above-mentioned and other mundane activities, and automates the entire workflow. Employees have control over their personal information, which greatly improves workforce satisfaction. It allows employees to change addresses, phone numbers, and emergency contacts; submit timecards and time-off requests; update information about dependents; and view pay stubs and benefit information - all through a very user friendly interface.

Since the information update is real time, a lot of paper works in HR department gets eliminated. Managers can focus more on strategy instead of operational stuff. HR could also spend more time on strategic issues.

Payroll

TalentFactors' Payroll module helps in quickening up the payroll process. It can be integrated with general ledger to make the accounting process easy. Within minutes you can file taxes, make direct deposits and file electronic forms. The module facilitates:

• Complying to statutory, taxation and IT norms
• Computing variable pay based on performance
• Aligning salary formula to business objectives
• Generating salary slips

This module includes all the important components like Taxation, Arrears, Deductions, and Increments, ensuring smooth and in-time processing of your employees’ salaries. It keeps all your financial records up-to-date in real-time 24 hours a day, seven days a week. The Payroll module also facilitates maintenance of the Provident Funds and Individual Accounts of your employees, performs Loan tracking, Interest calculations, Gratuity and other related tasks. The module also allows companies to arrange their payroll management across multiple offices/locations.

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