By implementing Oracle Payroll alongside your core Oracle HR system you gain the benefits of having a single source solution controlling both the management and the payment of your employees, regardless of whether you run your payroll in house or utilise a bureau service.
With a fully integrated solution you avoid the duplication of data and the issues associated with keeping two data sources in-sync. This not only reduces errors in employee payments, but also ensures that the policies and controls you create in your HRMS are executed right through to the payment of your employees.
A key benefit of using the number one Human Capital Management solution is the extensive R&D that backs up the product. This provides you with an extensive range of pre-built rules and formulae to calculate your payroll and as rules and rates change in each country, Oracle ensures that these formulae are kept up to date.
Oracle Payroll provides you with a powerful and highly flexible tool to manage your payroll, but does so in a simplified manner. With a consistent look and feel with Oracle HR, a common set of data and the use of a “FastFormula” tool to define your calculations, both set-up and administrative time is dramatically reduced, while also reducing processing time and errors.
For more information on any of the Oracle HCM modules, please contact John Brownhill on +44 (0)1372 860 740 or email him at firstname.lastname@example.org