Driving financial control & accuracy in to the Pay and Bill processes
Payroll is the lifeblood of your business. Overpay, and you will likely never hear about it from the Employees. Underpay, and not only will you hear about it, but you will also have expensive steps to correct it, and it will likely contribute to a higher staff turnover, lower productivity and customer service.
Ensuring precision around payroll comes down to accurately recording and calculating not only the hours worked, but also the paid and unpaid absences.
Vacation, maternity and paternity pay, personal development, training time, Mental Health days, jury duty or any other types of absence are just some of the examples you might need to contend with. Similarly, you will have to do this at scale, so how do you do this effectively?
A gross payroll can only really be calculated if all of your pay rules and completely integrated to you workforce management system. Timegate can support you with this.
Once you have systematic control of data, the rules around it and you have removed human error and any data security issues, you will likely require integration of third party systems. Finance Pack is often used to integrate to payroll systems, ERPs and Human Resources platforms and ensure safe, secure and rapid transport of information to where it is needed when it is needed.
Finance Pack offers you control, accuracy and peace of mind around your workforce management data.
The operational toolkit for finance
A rich systematic compliance tool to keep you safe & secure
Timegate’s Finance Pack can introduce new levels of business maturity for you and your teams. Out-of-the-box key functions include invoicing, crediting, 1/12th billing, ad hoc duty billing as well as other chargeable billing. With a little customisation or more complicated configuration, the module can be used to handle more complex routines and demands.
As with all Timegate Packs, the Finance Pack is designed to help you control costs, drive procedural efficiency and remove manual manipulation and human error. Being innate with Timegate, it will also give you the real-time advantage that most interfaced solutions cannot.
More control & less risk can be achieved by adding other Packs
Helping you empower and engage your employees, increasing productivity.