Have you ever seen how payroll gets manually managed in a company? There are always these 2-3 hapless, doleful looking payroll personnel who are constantly chased by the HR team, by the finance/accounts team to check data accuracy and by the employees who have salary related queries. To see their faces light up – when they come on to a cloud based payroll solution that literally halves their time spent, is a sight worth seeing. PeopleStrong’s Alt Payroll is one such powerful cloud based payroll technology that supports and complements an organization’s need for a smoothly functioning payroll administration. It is a brilliantly straightforward, adaptable platform that comes with its own set of superpowers. Here are a few of them:
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Handling Complexity:
Be it multi-entity, multi-geography, multi-shifts or multi- pay heads, PeopleStrong cloud based payroll technology has the capability to process all with ease while simultaneously creating efficiencies. Automating the entire payroll workflow will significantly step up productivity of the payroll team and make the system much more user-friendly for the end team.
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Technology-enabled DIY:
From the payroll team’s perspective, a cloud based payroll solution lets you manage data flow between systems or update compliances or process salaries on your own with a single process capability, once you understand the features and product capability. For the employees, the self- service portal allows them access to payroll related information, they can download their salary slips, upload investment proofs, request approval for leaves and even chat with the helpdesk, anytime, anywhere. They can enter the system via self-service on the web or a proprietary mobile app. Alt Payroll technology makes your life so simple, if you have all relevant payroll inputs, you can process a transaction with single click of a button.
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Automated updates:
Payroll management is replete with tax, statutory, regulatory and legal compliances. With PeopleStrong’s extremely detailed experience in managing payroll and compliance for more than 3 lakh employees in more than 100 companies across 4000 locations in India, you don’t have worry about keeping tabs on updates on these parameters. Since we have a centralized setup for managing compliance activities, all updates on our cloud platform happen automatically.
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Data Protection & encryption:
If nothing else, a payroll technology needs to be a loyal and trusted aide since it is connected to sensitive compensation and benefits data.
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With Alt Payroll technology, not only do we encrypt (with a 256 bit encryption) the entire database on our SQL server, we encrypt the backup too. As a part of data security, one weekly set of backup tapes is always kept at offsite location. All customer-facing applications are running from ISO 27001 certified & SSAE 16 assessed AWS services.
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To keep all information absolutely confidential and secure, data is accessed only through secure SSL connection using HTTPS and only authorized and designated Admin users within PeopleStrong and customer side can access user data other than user himself/ herself.
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Integration:
One of Alt Payroll’s capability is to be able to seamlessly integrate with existing ERP systems, be it finance or accounting systems, performance management, Compensation & Variable pay etc. Even Biometric systems, which require no manual interventions, can be beautifully melded onto our platform using APIs.
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Reporting:
At PeopleStrong we have a handle on the complete gamut of statutory or HR or financial reporting, companies need to prepare. With more than 500 pre-formatted reports built into the software, either tax, regulatory, financial or HR related , our Payroll technology takes care of it all. Our unique report builder generates a variety of management reports that help organizations manage their business more effectively
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Experience centre:
The first aim of any of our products is for the user to have an elevated experience, in terms of navigation, security and availability. With PeopleStrong Alt cloud based payroll solution, employees get a feature-rich experience bursting with features, a neat and elegant software UI and a dedicated payroll related help-desk through emailer and via a chatbot.
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Governance and quality:
PeopleStrong is an SSAE 16 (now SSAE 18) certified company, and that means you get to have the most secure, technically robust and a high-integrity technology solution. The system is protected against any unauthorized access (both physical and logical) , change management protocols are followed strictly and there is rigorous adherence to all policies and procedures.
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Building an entire ecosystem:
if our Payroll solution is your first ever investment in cloud based Payroll solution, it can help you to take the first steps into building an entire ecosystem of integrated systems like with travel portal, income tax declaration, reimbursement software etc. to further enhance the employee experience, and streamline all HR processes under a single window.
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Experience with AI:
With Jinie, India’s first HR Chatbot, you can manage transactions through conversations with our AI interface any time of the day. To solve queries like – “Why do I have variance in my salary?”- Jinie can answer how by comparing salary slips of current and previous months or of a specified period. Amongst other things, Jinie can also file your income tax for you, or integrate and submit your reimbursements, all in a matter of minutes.
PeopleStrong Alt is an HR Technology platform of the future. Eventually as your organization grows over the years and technology becomes more advanced, this ecosystem will begin to operate as a microcosm of your enterprise- and we are already ready to take that leap with you.
Payroll and HR are at the core of every organization. With new-age workforce distributed across geographies, organizations are grappling with multiple payroll processes, numerous pay-components, and inconsistent tax and compliance handling. Alt Payroll provides intelligent payroll management solution for building smarter workplaces.
Get in touch with our payroll and compliance executive to know more about Alt Payroll and how we can manage your payroll better.